Long

VET

By gz1968

Updated

I think VET has bottomed. Is it possible this current retrace creates a new bottom? Sure. But currently, I don't think that will happen. If it does, I'll reevaluate.

Note

1 hr time frame

Note

Alright. Went according to plan, exactly. Look at the chart above. Nailed it.
Now the question is, is VET truly starting its bull wave? I put some thoughts on this chart. It looks promising, but I'm not totally convinced. So I'll look for a retrace to get in.

Note

VET ( 3 day) Now these are some interesting trendlines.

Note

When I look at VET, the correction reminds me of a flat. But a flat count is invalid. Interestingly, the invalid count would put VET ending the correction towards the end of October. That is what I see on other cryptos as well. Perhaps the invalid count is a clue. Notice the trendlines.

gz1968

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.