VTHO USDT ( Still Hope for a new ATH ?? )I'd like some feedback on this one if possible. I'm not brushed up on my VTHO knowledge. Does this look like a potential gain to you or do you think that the current double top will take us back down to support ?? My personal opinion is that we continue in an uptrend and we do not make it a triple top.
VTHOUSDT trade ideas
VTHO UPDATEWhen we look at the bollinger bands on the daily chart, we see the baseline level as a very good reference in the previous draws. We are now at the bollinger base level, so as long as the bulky breakdown downward does not occur, there is nothing to be afraid of. Our direction is still up. Good luck
$VTHO Breakout
$VTHO CAUGHT ON THE BREAKOUT
Taking a look at VTHO here and the recent strong bullish performance of the big brother VET, these gas tokens usually perform well not long after the main project surge (Look at THETA and TFUEL for another example)
VTHO looks like it is on the verge of a breakout of a symmetrical triangle on the daily chart and looks incredibly bullish. If it successfully breaks out then you could expect a surge of up to around the $0.026 area so this is quite the explosive move!
If you want to enter this trade then you could look to enter around either the breakout or wait for the confirmation of the retest and set your stop loss just under the triangle for confirmation of invalidation.
ENTRY - $0.0169 - 0.0184
TP1 - $0.0211 - 0.0226
TP2 - $0.025 - 0.027
STOP LOSS - $0.0142 - 0.0129
TRADE SAFE guys and keep an eye on BTC if you are going to enter into any trades.
Team Crypto Society ❤️