tommytoan11

VET DAILY TRADE #10 --> Lots of trend line support

Long
BINANCE:VETUSDT   VeChain / TetherUS
HIGH RISK TODAY!

This isn't really where you want to be entering this trade, there is a breakout play here still. Technically if we close on the next 4h, we have another decent opportunity at a breakout with move up to test next resistance.

BUT, bitcoin took a dump, and what we've seen past few days is = BTC pump -> ALTS don't move -> BTC dump -> ALTS dump. Its been a losing scenario for most ALTS.

VET has certainly held here better than others. But lots of indicators are getting bearish, if you entered a trade here, got your 10%, i would consider just taking it. Be real conservative with a trailing stop.

We need a few more days of BTC price action to figure out what's happening here.

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Todays VET Trade
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BUY: Enter on the trend line, don't settle, get a low price.
TARGET: .25 (consider selling at .223)
STOP: .198
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