Hello traders,
After 2 weeks of sideway movement, VET is ready for some price action, as it is squeezed inside the symmetrical triangle.
This definitely looks like a bullish setup for me so I will be entering my position when I see a spike in volume. My short-term and long-term targets are indicated in pink line.
For now, the last target is 324 Satoshi, but it can be extended up to 387 Satoshi if Bitcoin continues its bullish momentum.
My bullish view will be invalidated if it goes below 210 Satoshi.
Happy trading!!
After 2 weeks of sideway movement, VET is ready for some price action, as it is squeezed inside the symmetrical triangle.
This definitely looks like a bullish setup for me so I will be entering my position when I see a spike in volume. My short-term and long-term targets are indicated in pink line.
For now, the last target is 324 Satoshi, but it can be extended up to 387 Satoshi if Bitcoin continues its bullish momentum.
My bullish view will be invalidated if it goes below 210 Satoshi.
Happy trading!!
Note
Watch out. VET is ready for some pumping action nowTrade closed: target reached
Two short-term targets are reached :)However, I am still not very convinced of this breakout as the volume is non-existent.
I will add more position if it goes above 258 Satoshi with large volume and cash out at the target levels.
Happy trading!
Trade closed: target reached
third target reached. Expect some consolidation in next few days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.