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VETBTC trade ideas

VETBTC is ready to take off. Great R/R trade.Here I explain reasons to enter this long trade and show two strategies with targets, stop losses and entry price. Reasons to enter 1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries. 2. Double bottom on support retest on Daily. 3. Two bullish RSI divergences on Daily. Bears are losing steam. 4. Selling volume is decreasing. 5. Wonderful R/R for long term investment. Strategy 1 Long after we break 0.00000042 (on a retest of support) and put stop at 0.00000034 Wonderful Risk/Reward Ratio = 10.13 or 14.38 or 27.63 Entry: around 0.00000042 Stop loss: 0.00000034 Target 1: 0.00000123 Target 2: 0.00000158 Target 3: 0.00000262 Strategy 2 Long right now at 0.00000036 and put the stop at 0.00000032 (more risky, but more rewardable). Wonderful Risk/Reward Ratio = 21.25 or 30 or 56.75 Entry: around 0.00000036 Stop loss: 0.00000032 Target 1: 0.00000123 Target 2: 0.00000158 Target 3: 0.00000262 I would take initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2 or Target 3. Smash the like button and follow me for free technical analysis. Trade safe fellas!
Long
by TheDinoChart
5
VET downward wedge. First target + 60% After breaking through the horizontal channel that existed for about 7 months, the coin formed a downtrend that has existed for more than 3 months. A falling wedge that could become a reversal pattern. The first target on the figure + 60%. Further on the situation, the price on the pump can reach the previous support of the horizontal channel which has now become resistance. Sell in pieces at key levels. All goals are indicated on the chart. Do not be greedy. It’s better to get a little profit, but often than a lot - never! The price may go down to the designated zone (purple zone). Use Stop Loss depending on your strategy. Legend of the VeChain project. VeChain is a corporate blockchain ecosystem whose goal is to improve supply chain management by connecting blockchain technology with the real world through a “comprehensive governance structure, robust economic model, and advanced IoT integration.” VeChain allows manufacturers to assign products with unique identifiers on the platform, thereby allowing participants to track the movement and origin of products in the supply chain. Established in June 2015, VeChain positions itself as "a pioneer in real-world applications using public blockchain technology with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong and San Francisco."
Long
by SpartaBTC
3
VET might have a nice setup very soon. Low risk & high reward!Vechain is at the critical point right now where I believe if we break up above 42 Satoshi Vet will have a huge rally for upcoming months. Reasons to enter: 1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries. 2. Bullish RSI divergence on Daily. Bears are losing steam. 3. Selling volume is decreasing. 4. Great R/R for long term investment. Strategy: Wonderful Risk/Reward Ratio = Target1 -> 10.13 or Target 2 -> 14.38 or Target 3 -> 27.63 Entry: around 0.00000042 Stop loss: 0.00000034 Target 1: 0.00000123 Target 2: 0.00000158 Target 3: 0.00000262 It is better to wait for the price to break out small resistance at 42 Satoshi and then enter the long on a retest of that level. Entering right now at 39 Satoshi is a bit riskier. I would take initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2 or Target 3. Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce. Trade safe!
Long
by TheDinoChart
3