With BTC bulls now gaining more power, VET is looking at a rebound to its previous position. The breakout from the symmetrical triangle gives us a price point of the previous low at 0.24 dollar levels.
Once it goes back to that level, it will re enter the now extended ascending triangle formed from before the huge correction. Giving us a future price target of 0.34! This is further supported by the RSI too~
Enter: at your discretion TP 1: 0.24 TP 2: 0.34 (preferred)
Note that our initial fib extension from previous time gives us a price target of $3.6, get in to enjoy the ride!
To all you who hodled, or re entered after the confirmation btc holding 54k in 4h chart, hats off to you sir. Off to greater profits.
Not a financial advise, just some ideas from a crypto neubie :)) Follow along this neubie's journey in trading!
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