Imo VET mostly follows the simplest of TA rules.
Bitcoin will soon be at new ATHs and once the money rotates into Alts the party is on.
The RSI is set at monthly. Much room to shot up into overbought territory of 90+
Plan your exit strategy. Dec/Jan may be the top.
Bitcoin will soon be at new ATHs and once the money rotates into Alts the party is on.
The RSI is set at monthly. Much room to shot up into overbought territory of 90+
Plan your exit strategy. Dec/Jan may be the top.
Comment:
Hmm... breakout, but not convincing. Bitcoin, the market, needs bullish action now, otherwise it's a fakeout, or the symmetrical triangle is just invalid.
Comment:
No fakeout, but the triangle pattern didn't play out as expected. Price is consolidating right above because the market is waiting. But when the market moves, it will be up and away.
Comment:
Valid breakout. Market is ready. See you at new ATHs.
I will ladder out at fixed targets beginning at 0.5, but also watching out for Bitcoins top formation and whereever VET will be by then.
Do not try to time the absolute top. Take profit around the top.
Don't forget possible exchange problems during euphoria. You can't sell if you can't access your exchange.