Long

Updated

Two likely scenarios, both bullish

As expected, VTHO has paused for a breath. I think the two most likely scenarios are both bullish:

Scenario 1: 24-28 hrs consolidation, then a continuation up along the inner parabola
- I still have an open position with my stop ziplining behind the inner parabola
- Not looking to buy here
Scenario 2: 5-7 days consolidation/retracement, then a move up along the outer parabola
- Looking to buy if I see a convincing bounce off the outer

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Keeping an eye on the retracement
- Looking for a bounce in the 0.0135 - 0.0155 range. I'm staying away if there isn't a clear bounce.
- If the outer parabola breaks, will probably retrace closer to 0.01.

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Could be going slightly ahead of schedule. Looking for a clear breakout with volume. Good luck!

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Watching the market closely today (BTC et al). If the dump continues I may take a pass on this and stay in fiat until we see how things shake out. Still looks good though for now, I just like to play things conservatively. Hurts more to lose money than miss out on money that could have been - there will always be other opportunities.

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Testing support at 0.016. If it holds here, may be the level to watch for the bounce

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Good looking divergence forming. Looking for a pop soon! Or it will dump its pants. Good luck!!

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i'm thinking a break in the upper trendline would be a pretty good signal of a breakout, so keep your eyes peeled. looking for volume before pulling the trigger. Good luck!!!

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I think we're ready to go. good luck folks.

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hope you got a good entry, might not be many chances left before...

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ranging towards the outer parabola (purple curve). if you haven't set a stop yet, probably a good idea (also, why?). I'm keeping my stop behind the parabola. Give it a little room to breathe, lines aren't perfect. still pretty confident where this one is heading, but what the hell do i know?!

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looks like this one is finally starting to uncoil (not sure if there's an industry term for this, but that's how I like to describe it), and volume has picked up a bit. should have an answer on this one soon, one way or the other...

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ok i'm out on this one. need to keep an eye on VET. as soon as VET goes, VTHO will go

reees

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