VeChain caught our attention with a recent fakout occurring near a triangle formation.
With price finding a hard-to-secrue branch of EMAs (giving us a nice fakout), we are looking for a potential movement to lower zones, breaking that lower trend line as well. The setup is yet to be confirmed, but the vision is clear here!
For me it’s not a fake out, it’s just btc drops. Its going back up high very quickly, so if btc stays calm or go up it will break and it will break even harder and faster.
SwallowPremium
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@Vetpower, This is one possibility yes, let's see that's why we did not make the trade from market price )))
whysatrio
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Invalid
SwallowPremium
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@whysatrio, Would not say so, we still wait for entry. (as it was not reached and breakout has not formed fully yet)