I had hopes for VET to make a final leg up. Before BTC crash it was holding the line very well. And imo it is still one of the strongest alts, but I think all that means now is it is the one holding closest to resistance at 0.13 and that can make it a short with good RR. In a little while VET and all alts should be taking a tumble because BTC has wicked into SOW resistance see my Wyckoff thread for full details and that should be a heavy, effectively near impossible overhead to overcome now. The only way is down I think, and there will be no continued alt season.
Opening a short her at 0.13 TP 0.035 SL 0.165. If I see price retreating quick on a crash I may just sell. Btw if it works I will exit my short mid way and re-fire to not incur short retracted loss.
Not advice.
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This is going to be a devastating wipe-out.
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This is starting to look like the easiest short ever. This is not a healthy picture. I'll probably add more later.
Trade closed: target reached
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Apologies I was unable to post my exit yesterday following a discussion with one of the websites many Garlicoin billionaires - who disagreed with one of my ideas. I'm making a group it seems. PM me and you won't miss a thing.
I think you’re pretty off. This is orchestrated manipulation from institutions including all the fud they spread. If you hodl till Dcember you’ll be fine selling VET between $0.7 and $1.50.
This is one of the BEST CALLS of the year thus far. Congrats!
NewYork888
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Another GREAT call! VET DOWN 6% just as longs ran back in pounding the table to "buy the dip" These longs get hammered EVERY single time!
Vantrantrading
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Thanks for the TA dRend, I hate when you’re right about the shorting market lollll. Can you do TA on UNI, EOS and XLM pls?
dRends35
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@Vantrantrading, Yes I can. Its all the same. No survivors. It is done.
Vantrantrading
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@dRends35 that’s harsh. I’m waiting for a final rise then sell them all.
dRends35
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@Vantrantrading, Well every moment is new and I could be wrong, but I don't think so.
road2100m
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@dRends35, can you do on BNB as well pls? i bought on 600$ to buy some defi coins and now i m trapped!
jonnycage4ever
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following your trades with some small amounts and so far you have been very insightful. ive never considered shorting the crypto market until reading your analysis - i guess the bull market gets people hyped so mcuh that its all up up up. thanks for posting this and the frequent updates - i check for these posts multiple times a day