Long

$VET/BTC 1D (Binance Spot) Descending broadening wedge breakout

Updated

VeChain is preparing for big fat growth, time to make a full swing!
I have already bought some more yesterday night at 90 sats, let's hope it will pull-back a last time.

Current Price= 0.00000095
Buy Entry= 0.00000090 - 0.00000082
Take Profit= 0.00000121 | 0.00000165 | 0.00000196
Stop Loss= 0.00000069

Risk/Reward= 1:2.06 | 1:4.65 | 1:6.47
Expected Profit= +40.70% | +91.86% | +127.91%
Possible Loss= -19.77%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2160h

Trade active

🔼 1D: I updated first entry up to 00000092

I decided to move it 2 sats higher because I think #VeChain could bounce any moment and I don't want us out!
Risk/Reward ratios are still quite juicy though, you can also manually start buying some here if you want.

Trade closed: target reached

🎯 1D: TP1 reached with +40.70% (1x) and 1.48R

#VeChain recovered at last, good thing we adjusted the SL down to 0.00000064.

Note

🔼 1D: Dipped down to entry then TP1 again

Higher targets are still valid for #VeChain, unfortunately PC bot sold remaining position at BE (Break Even).
I am still holding some in cold wallet and I am manually buying back now, laddering down to 0.00000098₿

Note

🎯 1D: TP2 reached with +89.66% (1x) and +3.39R

#VeChain nicely followed the projection after retesting 100EMA a last time, big profit and one target to go.
No bids were filled if you were out though, I hope you manually bought back some at least!

Trade closed: target reached

TP3 reached with +127.91% (1x) and +4.74R

VeChain went for last target, being very patient was really worth it!

TradingOn

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