First of all congrats with your profit on VET VETUSDT. You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look.
Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why: - VET is in a bullish trend. Check the blue trend line. - We're moving towards the daily 200 MA. - We broke the 50 and 100 MA. - Breaking the 200 MA and the path is clear towards the brown resistance box. - There is still a decent volume.
But why do you have to be careful?: - We see a bearish divergence. - Breaking the trendline means we're in for a (small) correction. - The brown box is the next resistance zone. - The 200 MA could give resistance.
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