Bingaz
Long

VET/USD - "Is VECHAIN about to pump or dump?"

BINANCE:VETUSD   VeChain / US Dollar (calculated by TradingView)
I've been following VET since it started trading below it's previous support line a few weeks back.
It has now climbed back to that original support line and should test over the next few hrs or days as to whether it gets rejected (Creating an entry back at Support) or breaks out for some potential gains.
I'd preferably be taking a position at one of the support level's but if it breaks from this 60 day resistance level we could potentially see some solid profits as it moves to the next resistance level .

Thoughts and feedback welcome.
Bingaz.

Comments

Congrats to those that bought the original break here.
Today saw us hit a major target.
94% gains from a 14 day position.
I remain bullish on this project but would like to see it consolidate at these higher levels before continuation.

Consider your own position and protect profits at your own markers.
It's been a profitable fortnight for our trading group.
Well done.
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Consider protecting profits. Indicators suggest the need for a short term retrace .
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Looks like this played out pretty well!
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Bingaz blackbirdrising
@blackbirdrising, yeah thanks, so far so good. I have much loftier long term goals in mind for VET though.
Give it time and take profits accordingly.
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