VETUSDT - LONG #VET #VETUSDT # VETUSD #LONG

Taking a look at VETUSD on the 4 hour, it is trading above the 0.618% Fib.
It is currently in the progress of flipping this into support, before progressing higher.
Targeting the 78.60% Fib, where current resistance is.
Following this, we will look for a flip of this resistance into support before re entering any longs.
VETUSD is currently trying to break out of its currently flag formation, i expect continuation from here.
Good luck!

Trade closed: stop reached

Comment:

Ended up breaking through