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MarkStPeter

VET - Inverse Head & Shoulders/ Bullish Div. on RSI

Long
VeChain / TetherUS (BINANCE:VETUSDT)  
MarkStPeter Updated   
BINANCE:VETUSDT   VeChain / TetherUS
Trend Analysis Chart Patterns Technical Indicators VET vetusd binance cryptotrading Bullish Divergence Inverse Head and Shoulders
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trendanalysis chartpattern indicator vet vetusd binance cryptotrading bullishdivergence inverseheadandshoulders
Hello Traders,

I spotted an inverse head and shoulders pattern on the 4-hour chart for VET.

As well as a bullish divergence on the RSI and downward price action.

I'm going long as soon as I see the price break above the upper trendline.

Expecting a retrace close to recent ATH's. 30% +/-

Good Luck!
Trade active:
Very nice breakout. We should see continued support over the next day or so to reach our target.
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