VET is one of the coins that hasnt pumped that hard comparing to the others btc pairs.
BUT, we have a clear inverted H&S pattern on the 3D chart with a neckline area at 96-100 area.
If VET manages to close above this area the pattern is very likely to be played out and lead to huge breakout and finally reversal for that coin.
We also have a bullish crossover on the Weekly MACD and rising daily volume pointing that bulls are in favor.
Areas of potential selling interest are marked on the chart with red
Also some rumors for new listings and partnerships will help too from the fundamental perspective.
Happy trading to y'all
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EASY MONEY till now for vet..might see a pullback here as it is at 0.382 fib level from the previous top..locked profit and wait for re entry at 100-1006 level..
Trade should be still active for higher targets but always secure your profits..esp when we enter weekend where choppy action in the market is more than expected
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So far so good till now for VET..retested the neckline of the broken iH&S with a wick till 91 to clear some longs and now should see some continuation at the 140-150 are as next target..
Follow me as next hours/days i wil post another great set up like VET/BTC
@alekos77, i´m live right now. Where do you set SL? My target is 190-220, unsure about volatility (as always ^^ )
aleXChas7
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@Tommy_bnks, a retest of the neckline is possible for the next days..SL should be ok at around 95 unless we get super extra volatility and have a scam wick at lower levels..A re-entry and a possible strong support should be at around 98-105..personally i sold my position and waiting for another chance to chase higher targets