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sobe_b52
Mar 3, 2024 5:17 AM

VTHO Breakout Long

VTHO / TetherUSBinance

Description

Assuming sideways BTC action - VTHO is primed for a big run over the next 2-5 days.

VTHO bull flag breakout with targets.

@sobe_b52

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Comment

VTHO is crossing the .0500 psychological level; anticipate a strong run today.

Comment

BTC price action is impacting the market today. During periods of BTC volatility, the greater market moves in phases- large cap to small cap.

VTHO moves with VET as it is a gas token for the VeChain infrastructure. VET, ranked #37 in market cap, is expected to move once BTC maintains sideways price action.

Assuming the BTC price action doesn't invalidate the pattern, VTHO may run in connection to the pattern and VET run. The measured move in the idea is very likely to hit sooner rather than later!

I will continue to monitor progress. Thank you.
Comments
sobe_b52
This pattern has been invalidated by BTC volatility.
Mezba
Bot good
sobe_b52
@Mezba patience- BTC price action is impacting the market.
Mezba
Hmm
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