LtCmdrData

VET Could be more Bullish than youd think

Long
LtCmdrData Updated   
BINANCE:VETBTC   VeChain / Bitcoin
Hmm.. I just noticed this. What do others think?! Please, please comment below. I initially thought swing, now I might think long (!??).

If were in this ascending fan thingy, were making higher highs and higher lows. So, far our low of 109 sats (most recent) is above the one a month or so ago (106) which is above the ATL (102sats).

Let me know what you think. Getting (and holding) past 115 sats is a starting point. Looking decent in getting there as of writing, holding, we will see.

Then I think some potential targets open up, per chart.


***As I am very new at this-- ofcourse this is not trading advice*** Id like to think of it as opening a discussion for now. Im not telling you things! Im saying something I think might be a play--so as to start a discussion on it! (Comment below :) ).

Take care, Ill be watching this one closely.
Comment:
Best potential upside (per chart) is around 170sat. Potential downside-- 106sat. I do think we will touch 15 here very soon. May rally north to 120-130 region. ONLY time will tell-- I dont tell!! Make your own choices please.
Comment:
Actually, if we go below 110 sats now on this coin, I am very bearish. Need to hold and make some gains quick! 115 soon or Id watch it play out.
Trade closed manually:
I was in yesterday at 112-113 and out this morning at 116. I wouldnt advise trades, but thats my point of view!
Trade active:
After a good intraday for the broader crypto market. I think we can activate this trade again. First target is 123sats. Use the chart as a guide, we have a lot of buyer support at current levels-- I think we can see this thing go off.
Trade closed manually:
Target (123 sats) hit. Now we wait. I dont claim to be good at this at all-- but this (and some other trades, see my ideas published) do generally well!

I dont predict (often) longterm things. Take a % here and there. Only way to win as a non-whale. How much BTC do I have... Its a secret ;)

Up 8% on VET on these trades, best,
Comment:
Best place to buy back in as of now is 112 sats.... However, it may not go that low. (Could go lower). But, based on my chart I will hold this opinion--> worst case scenario, we go back to 112 sats.
Comment:
"VET could be more bearish than you think"
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.