VET DAILY TRADE #20 -> Minor breakout retest entryVERY 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 close above 50k, around 50500k close.
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ENTRY
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BUY: .187 - .188
TARGET: .215
STOP: .179
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VETBUSD
VET DAILY TRADE #19 -> keep calm and accumulate!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 market. In these cases I can do TA up the wazoo but its not gonna do much. Technical analysis warned us we could come down here, but the TA doesn't necessarily tell us about 46k, or any further moves down. The TA doesn't warn us of the complete drivel that Elon excretes from his deplorable orifice some call a mouth.
It takes serious cajones to buy here. It takes conviction formed from research and hours put in. It also takes disposable income!
The best entry was timing the dip, which is hard, .17 and .165 was the play. But that's done and dusted and here we are. If you believe in us ranging in a channel of 50 to 60k, you buy here. Accumulate.
It may also be worth waiting 24 hours and see where we end up.
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VET DAILY TRADE #18 -> High Risk Wednesday!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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VET DAILY TRADE #17 -> AccumulationYesterday 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 looking at bouncing. In which case that buy zone may be where VET eventually evens out to 4 to 8 hours after BTC finds its bottom.
There's so much risk here for short term trades, which is why taking a longer time frame accumulation strategy could be a healthier approach. BTC is still bullish, we are still in a bull market. Even if we hit 50k BTC, all it would be doing is trading in a zone.
How confident are you in .35 VET targets? Have you DYOR? If you're bullish imo you accumulate here.
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ENTRY
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BUY: accumulate .187
TARGET: .279
STOP: .153
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**Don't accumulate here if you cant afford to
VET DAILY TRADE #16 -> RETEST ENTRY no2 - The RetesteningVET 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 line I have at around 57.5k is more likely today, which may bring VET below this resistance again. The safe play today could be buying in the support cloud at .217
Another strategy here, which I'm taking, is just accumulation. Let your entry ride, buy more at the retest, buy more if we hit the support at .217.
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ENTRY
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BUY: .224 to .225
TARGET: .279
STOP: 4H close below .217 support
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VET DAILY TRADE #15 -> BREAKOUT RETEST ENTRYVET 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 bullishness.
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ENTRY
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BUY: .224 to .226
TARGET: .279
STOP: .217
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VET DAILY TRADE #14 -> How high can VET go?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 come from a mix of fibs and various VET charters (like cryptojtt) predictions.
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VET Daily Trade
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BUY = trend line retest
TARGET = .25
STOP = 4H close below trend line
** coin telegraph published an article highlighting institutional bears wanting to keep BTC below 60k this Friday due to $1.1B options expiry. So expect price to be suppressed today (for me, in my timezone) We will see if the expiry lifts the lid a little on this price range... aka WE GOING TO THE FRUITING MOON??!!
VET DAILY TRADE #13 -> BREAKOUT PLAY!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!
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AGGRESSIVE ENTRY
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Buy the 'break and close' on 4h
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TARGET: .25
STOP: If we break and close on 4h back below trend line.. or if BTC takes a big ole dump
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SAFER ENTRY
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IF BREAKOUT
THEN
Buy the successful retest of trend line
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TARGET: .25
STOP: Same as above
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SAFEREST ENTRY
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BUY: .185
TARGET: .25
STOP: .175
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VET DAILY TRADE #12 --> Bullish triangle days behind us?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 gravity currently tying us together.
There is an opportunity to buy here ontop of support and hope that BTC holds long enough for us to touch the upper trend line and take profit.
I want to recommend it to ya'll but... BTC is too volatile right now. There WILL be a period of a day or 2 this week where ALTs can pump and we can see VET make that move but right now I feel its too risky.
VET DAILY TRADE #11 --> BTC fiendishly stabs VET!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 action.
When BTC comes straight up after dips like this, it has often indicated bullishness for small time frame. I do see a window here where VET could get a quick touch in on the upper trend line of this ascending triangle.
Just a sneaky touch, cheeky 10% and then we come down. That's the idea for today.
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Todays VET Trade
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BUY: Enter on the trend line , don't settle, get a low price.
TARGET: .223
STOP: .188
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VET DAILY TRADE #10 --> Lots of trend line supportHIGH 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 been a losing scenario for most ALTS.
VET has certainly held here better than others. But lots of indicators are getting bearish, if you entered a trade here, got your 10%, i would consider just taking it. Be real conservative with a trailing stop.
We need a few more days of BTC price action to figure out what's happening here.
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Todays VET Trade
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BUY: Enter on the trend line, don't settle, get a low price.
TARGET: .25 (consider selling at .223)
STOP: .198
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VET DAILY TRADE #9 --> PLAY THE BREAKOUT!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 boys!
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Todays VET Trade
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BUY: .201
TARGET: .25
STOP: .198
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VET DAILY TRADE #8 --> pattern may be changing!So I totally forgot about yesterdays VET trade! (Feel like I actually charted it up but accidentally restarted pc.. not sure!)
*EDIT= i hesitantly think we are in an ascending channel now, or it could be an ascending channel.. haha. Be careful DYOR! With the .20 resistance its more of an ascending triangle right now.
So if you bought in the zone last trade, you will have got stopped out, or you better have! -5% I generally recommend getting out. After that you have to protect yourself. This is an inexact science, conditions change constantly, don't enter these trades if you aren't prepared to either take that -5% hit or at least actively track the trade throughout the day.
VET walked straight through the lower trend line, gave it poor respect, its followed FIB levels far more accurately. Dream entry here would be buying at the .1895 FIB level , i will set a buy limit up right now for it!.... ok $500 USDT committed.
Personally, I don't see my buy getting hit. The thing with entering on that trend line is a good entries constantly in flux. Right now .1895 can work if we enter a short term downtrend, but 4 hours from now... it changes. This trades relevancy has a short half-life, partly why I guess I do a new one each day!
VET has had some good news, was trending a bit yesterday, people are talking about it, im guessing the VET reddit AMA went well!
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Todays VET Trade
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BUY: .1895
TARGET: .25
STOP: .183 or 5%
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**If you have queries about how to manage these trades send me a message or comment below. There is a ton of fine details to this which I don't expand on here and I'm often assuming most people are already aware of.
VET DAILY TRADE #5 --> channel breakout loomsGoing for a much more passive play here today. There is definitely a breakout on the cards here, you can see at the .206 mark that VET has wanted to breakout and get back to the .25 mark again, but BTC got in the way.
BTC can get in the way again today ofc, I'm waiting for a correction today, I wouldn't mind seeing BTC steadily come down to test 51k, which would make the entry for today more the .18 mark, so speculative tommyt, risky tommyt suggests the buy is .18
I'm not feeling that today, only keen if its a big ole dip, but if its a REALLY big ole dip... its likely BTC tanked. If that happens, I wouldn't trade anything, just watch price action or take the day off!!
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Todays VET Trade
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BUY: .15 to .16
TARGET: .25 and above
STOP: .147
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