VETUSDT is showing bullish potential. We have an uprising triangle on the daily timeframe and even a smaller inside it. The next uptrend would hit the 2/3 of the 2 triangles with a good profit if the breakout is confirmed. We had some increasing volume each time the 7990 resistance was tested, next time could be the breakout.
With a buy-in right now we could expect 17% up to the ATH of 2019 as a first TP target and up to 30% before hitting the next major resistance at 9900.
RSI and MACD are both bullish.
Buy-in : 7590
SL : 7120 (for a new buy-in on the big triangle line)
TP1 : 8890
TP2 : 9880
-> Risk/Reward = 4.7
With a buy-in right now we could expect 17% up to the ATH of 2019 as a first TP target and up to 30% before hitting the next major resistance at 9900.
RSI and MACD are both bullish.
Buy-in : 7590
SL : 7120 (for a new buy-in on the big triangle line)
TP1 : 8890
TP2 : 9880
-> Risk/Reward = 4.7
Note
Stop loss triggered. Bitcoin has dumped and many altcoins were bleeding as usual :)Trade active
Still active with a new buy-in during the dip of the 4th of June. The breakout can happen soon now.Trade closed: target reached
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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.