Long
VeChain analysis
Updated
VENBTC is in a pennant and close to support. It will likely test it again before going up. If it breaks, it will retrace to the next support line, where I'd recommend an entry.
RSI supports upwards movement.
Remember to set your stoplosses when you enter: markets can sometimes be irrational.
If I made you money, please consider buying me a beer to make my day:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Feel free to ask me questions or to ask me to perform my analysis on a coin of your choice.
Happy trading!
RSI supports upwards movement.
Remember to set your stoplosses when you enter: markets can sometimes be irrational.
If I made you money, please consider buying me a beer to make my day:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Feel free to ask me questions or to ask me to perform my analysis on a coin of your choice.
Happy trading!
Trade active
The market has chosen option 1. Triangle broke, not sure if it will test support before reaching target. You can wait for entry at support and risk missing the pump, or entry now and risk a lower entry point before the pump. You could also enter now with 50% and try to enter at support with another 50%.
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