This is a risker trade with the sword hanging over BTC's head but given the way the market climate will be over the next few days before the sword drops there are some opportunities to make some quick swing trades with some alts.
VET recently got some good news about their partnerships with Walmart China and have announced a $25mil buyback of their token over the next 12 months.
It's not uncommon for alts to pump one last time before BTC drags them all down. In this scenario the buy and sell zones are color coded. Depending on entry and exit, 5-10% ROI can be expected under a standard laddered approach. Remember to use stoploss and don't overextend. Slippage on VET can get pretty steep when things turn south so trade accordingly.
VET recently got some good news about their partnerships with Walmart China and have announced a $25mil buyback of their token over the next 12 months.
It's not uncommon for alts to pump one last time before BTC drags them all down. In this scenario the buy and sell zones are color coded. Depending on entry and exit, 5-10% ROI can be expected under a standard laddered approach. Remember to use stoploss and don't overextend. Slippage on VET can get pretty steep when things turn south so trade accordingly.
Trade closed manually:
VET has broken even from the entry zone. With BTC poised to drop it's prudent to close out and break even (and take profits from any dip purchases). Capital preservation is key and there will always be more opportunities in the future.
