VET DAILY TRADE #18 -> High Risk Wednesday!
Updated
Todays trade is VERY HIGH RISK
I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness.
In this recent uptrend I don't think VET has been particularly bullish, just religiously following BTC price.
Its possible that even if BTC ticks all the boxes for this trade, that VET may not even hit .223
High risk mild reward... lmao
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ENTRY
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BUY: .207 - .209
TARGET: .223
STOP: .2
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness.
In this recent uptrend I don't think VET has been particularly bullish, just religiously following BTC price.
Its possible that even if BTC ticks all the boxes for this trade, that VET may not even hit .223
High risk mild reward... lmao
-=-=-=-=-=-=-
ENTRY
-=-=-=-=-=-=-
BUY: .207 - .209
TARGET: .223
STOP: .2
-=-=-=-=-=-=-
--==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
Comment
if btc hits 58k i dont think VET has enough to break .215. BTC needs 59k, maybe 58.5k, for us to hit target.Set your stop to your entry if we hit .215
Trade closed: stop reached
BTC likely wants to touch 50k
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