VETUSDT is showing bullish potential. We have an uprising triangle on the daily timeframe and even a smaller inside it. The next uptrend would hit the 2/3 of the 2 triangles with a good profit if the breakout is confirmed. We had some increasing volume each time the 7990 resistance was tested, next time could be the breakout.
With a buy-in right now we could expect 17% up to the ATH of 2019 as a first TP target and up to 30% before hitting the next major resistance at 9900.
RSI and MACD are both bullish.
Buy-in : 7590
SL : 7120 (for a new buy-in on the big triangle line)
TP1 : 8890
TP2 : 9880
-> Risk/Reward = 4.7
With a buy-in right now we could expect 17% up to the ATH of 2019 as a first TP target and up to 30% before hitting the next major resistance at 9900.
RSI and MACD are both bullish.
Buy-in : 7590
SL : 7120 (for a new buy-in on the big triangle line)
TP1 : 8890
TP2 : 9880
-> Risk/Reward = 4.7
Comment:
Stop loss triggered. Bitcoin has dumped and many altcoins were bleeding as usual :)
Trade active:
Still active with a new buy-in during the dip of the 4th of June. The breakout can happen soon now.
Trade closed: target reached