swing traded this couple times, first time used tight stop loss but got wicked out of the trade for it to pump right after, scalping now for quick long, Target for take profit is 0.15640, with a more liberal stop loss. as this can move fast in either direction, support and resistance lines drawn , as well as fibs for reference,
at the 0.236 fib resistance ,expecting a retrace to the 0.382 then further. hight rsi's, could signal buyers are nearly done. short with a tight stop loss. remember btc dictates most of the market.
bitcoin on the weekly, support and resistances drawn, fibs to consider. overall market sentiment is currently bearish, with optimism. September Fed rate review is something to consider. $btc seems content being under $22k for now
Vechain is essentially following $btc #bitcoins lead, which is short term bearish. I am neutral for now on $vet but long term very bullish, at the minute vet is going sideways but my target for end of year is $1 vechain vet. As the fundamentals are excellent, for example #Vechain's partnership with PWC has been highlighted in the paper 'Importance Of Blockchain...
short term bearish, long term bullish. good fundamentals and currently in a downtrend, though in a fallen wedge, which go to upside about 68% of the time. currently waiting for a good entry for a long, $btc is currently dictating the market as well as the $dxy.
jet2 is in my list of safe stocks, i like this stock for the long term, good fundamentals and technicals. support of around £7.65 since 2018. Im long on this for the long term, phil messon ceo is a forward thinking and customer focused. one for the retirement portfolio, short term expected to hit support again before hitting ath again next year,
reversal to the upside, if bitcoin holds. nice bounce here fibs/trend lines respected
vechain $vet at a point i would long with a tight stop loss, $btc dependent.
my method short resistance & buy support. high rsi's, approaching buyer exhaustion. keep an eye on Bitcoin if/when this drops