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Our last trade played out fantastically. Once BTC faltered at 40k you take profits, no need to be hodling any ALT here whilst BTC is still figuring its sugar out. Take profits and get out. We are looking to do the same thing again, buy on the lower channel trend line. I would like to see a wick below the channel, come back up and test. Looking for that...
I'm currently tracking the following long for VET if it can come down to 0.085 and use it as support. Looking for a bounce for confirmation. Pity I cancelled yesterdays short as it would lineup nicely with how I'm reading BTC and this VET long setup. BTC to 35k will bring us down to the buy zone and possibly below the channel. A distinct bounce here is the...
*NOT FINANCIAL ADVICE. DO NOT TAKE MY TRADES. DO NOT TRADE ON LEVERADGE* BTC has not look bullish to me for a while. Up to this point these trades have all been going long. If we are to continue this theme of a daily trade... we have to start going short. This is going to come with some disclaimers now, shits about to get serious! The nature of shorts is people...
HIGH RISK! VET is showing resilience. Most ALTs aren't overreacting to BTC. They are being bullishly reasonable. When BTC starts to go sideways for 4 hours ALTs take turns popping off. Many ALTS that had breakouts in recent days are going down with BTC here only to bounce right back to where it broke out, ignoring previous resistance. I like it! I think there...
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...
VERY HIGH RISK - STOP LOSS ESSENTIAL (WHEN ISNT IT ESSENTIAL??!!) VET has formed a very minor ascending triangle. Suggests potential for a minor breakout that could see a pump to around .215 BTC has broken a minor resistance and looking to close on the 4H, that candle is coming about 40mins or so after I post this idea. A good trigger to buy here may be BTC 4h...
If you don't have the money, STAY OUT! ONLY ACCUMULATE HERE IF YOU CAN AFFORD TO! We are at the 50K Niagara falls cliff edge, staring down at the bottom and asking ourselves, "Is 50K now the top? Will we ever see 64k again? Is this the end of the bullrun?" Nobody has a crystal ball, I don't know what can happen here. News and sentiment is currently moving the...
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...
Yesterday I mentioned accumulation as a possible strategy. I think that applies again today. The problem with entries here is the reality of getting it in my green buy zone is, its likely VET doesn't slowly get there, or even accurately hits that zone. If VET gets to that buy zone it will be because BTC dumps, if BTC dumps, its coming down 51k to 53k before...
VET broke resistance again, another breakout essentially, now looking to retest resistance. BTC will determine whether this is is a fakeout or not. VET is still being influenced greatly by BTC price action, we aren't seeing a ton of trading pair separation. I will say I think BTC is showing a short term trend reverse after failing 59k again, I think testing trend...
VET has lost a bit of momentum and been testing the previous resistance now support. Hopefully it can hold, im getting a lot of bullish sentiment vibes with VET, a contained excitement. @cryptoJimmyTwoTimes is thinking .35c this month... lets see Again, as I say so often each week, its really up to BTC, if we can break 58.5k I can see serious...
VET has broken a major trend line, broken 1 resistance and looking bullish. Its starting to approach the .25 mark and appears to be following many other dino coins in this bowl shaped pattern on the weekly, coming full circle back to the previous bullruns gains. Todays VET daily I decided to chart up my ideas on vechain price targets for this year. These targets...
VET looking more bullish today despite BTC having failed at 58k. It came up for a break briefly, but wasn't able to close it on the 4h. There is a possible entry back on support, that's definitely a play I may consider if we come down sharply. If BTC can recover and try again at 58k then get ready for the breakout play! -=-=-=-=-=-=-=-=- AGGRESSIVE...
We are on the downside now of that triangle, there may be some trend lines to fit us back in there, but how many times have we adjusted them lines?! At some stage you have to let the pattern go. I see the upper descending trendline, that's significant. I also see the support levels. And I feel tremendous pressure and connection to BTC price action. It is our...
WE STILL IN UNCERTAINTY LAND GUYS! The moral of my VET trades hasn't changed much. Buy on the trend line. VET fell sharply, and briefly, below the current trend line I've been using. Its created potentially a new trend line that I've drawn in with dull orange. I still prefer the bright orange lower trend line as I think it gives more context to price...
HIGH RISK TODAY! This isn't really where you want to be entering this trade, there is a breakout play here still. Technically if we close on the next 4h, we have another decent opportunity at a breakout with move up to test next resistance. BUT, bitcoin took a dump, and what we've seen past few days is = BTC pump -> ALTS don't move -> BTC dump -> ALTS dump. Its...
Seeing breakout plays all across crypto, all we waiting on is the money to take its attention off BTC for a minute and flood into ALTS! Todays trade is simple and actually what the trade should have been for yesterday! PLAY THE BREAKOUT! Simple! I would buy here, stop limit below .198 and that buildup, and see what happens. Pretty simple stuff. Fingers crossed...