VET DAILY TRADE #21 -> Lets be patient
VET is in a downtrend on most timeframes, large and small. The time to short was .19
.18 seems lower odds of a place to bounce. You would want more retrace, .17 or .171 seems a logical place to bounce.
My take on BTC is its trading sideways bearishly, I'm seeing 48k to 46k soon. Thus the only 2 trade ideas I have is wait for .156 to .158, or play the breakout retest if it goes up.
As I touched on, there is a chance of a bounce at .171 area, around that 618 fib, but I dunno what strategy you can build around it.
Patience is the name of the game here. I would also stop accumulating. BTC is looking really weak. Wait to see how BTC bounces at lower levels before accumulating more. Likely you can get an even better price.
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
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.18 seems lower odds of a place to bounce. You would want more retrace, .17 or .171 seems a logical place to bounce.
My take on BTC is its trading sideways bearishly, I'm seeing 48k to 46k soon. Thus the only 2 trade ideas I have is wait for .156 to .158, or play the breakout retest if it goes up.
As I touched on, there is a chance of a bounce at .171 area, around that 618 fib, but I dunno what strategy you can build around it.
Patience is the name of the game here. I would also stop accumulating. BTC is looking really weak. Wait to see how BTC bounces at lower levels before accumulating more. Likely you can get an even better price.
--==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
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