Bingaz

VET/USD- (VeChain) Incoming Breakout or more pain?

Long
BINANCE:VETUSD   VeChain / US Dollar (calculated by TradingView)
Worth keeping an eye on.

Potential to break from downtrend in the next couple of days and it will be interesting to see the PA if we close a daily above trend.
Buyers could jump in and push straight through any resistance here but my thoughts are to remain patient and try and catch a positive retest on previous support.
I'd be happy with an entry around 0.0096 but also happy to sacrifice a small price percentage for a more solid indication the price is heading North.
Patience important here.

Thoughts and feedback welcomed.

As always, not financial advice,
Just my thoughts and TA.
Bingaz.

Comment: Congrats to those that followed this play. Excellent month.

Comments

Big believer in VET. Wish I knew the absolute bottom. Don't we all though. Nice analysis.
+1 Reply
looks nice
Reply
Haha. Don't we all. Doesn't really matter though. "Money is made in the middle" I posted a VET chart on May 27th with a buy signal about 0.0050 as an entry idea. Not sure we will see those numbers again though.
(It played out extremely well)
Reply
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