VET trading plan
Vet recieved a nice pump in price today because of some good news that came out.
Now we can buy pullback of vet although the rsi is in overbought territory.
Reasons to buy are;
-Historical support level of 0.0058
-Top of previous channel
-MA100
Btc price action also affects the altcoins as we all know, so whats up with btc at the moment?
Btc bounced of its previous channel at the moment but i think its likely cme gap will be filled which is around 7245$.
This means btc will have to drop slightly lower, if this will happen vet will too.
Entry price = 0058
S/L = 00567
T/P = 00625
Link to article about vechain
medium.com/vechain-foundation/vechain-is-co-founder-of-the-belt-and-road-initiative-blockchain-alliance-briba-6bc70a0f6980
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Now we can buy pullback of vet although the rsi is in overbought territory.
Reasons to buy are;
-Historical support level of 0.0058
-Top of previous channel
-MA100
Btc price action also affects the altcoins as we all know, so whats up with btc at the moment?
Btc bounced of its previous channel at the moment but i think its likely cme gap will be filled which is around 7245$.
This means btc will have to drop slightly lower, if this will happen vet will too.
Entry price = 0058
S/L = 00567
T/P = 00625
Link to article about vechain
medium.com/vechain-foundation/vechain-is-co-founder-of-the-belt-and-road-initiative-blockchain-alliance-briba-6bc70a0f6980
Like if you found this post useful!
Trade closed: target reached
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