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Title: Where would you set the support and resistance for VET? Post by: 9thsky on August 21, 2021, 12:44:31 PM Title: Re: Where would you set the support and resistance for VET? Post by: Tytanowy Janusz on August 22, 2021, 06:56:18 AM Here you go: "Here you go" XDXD Stoploss at 45% loss. Well if you accept 45% loss ... why not accept 100%? @OP set stoploss at 0$. "Here you go" XD And whats even more funny... this is TRX chart not VET. "Here you go" YOLO. @OP 1- protect your money 2- earn In this order. Vet is not the best thing to trade right now. I would sell it, wait for bull formation forming up and enter when you have good risk/reward proportion. Not stoploss at 45% loss :) Wait for bullish formation. Something like that: https://i.imgur.com/mrupHzO.png And enter at red buy zone with tight stoploss. if it will pump right now ... dont try to chaise the train. There will always be a second one. Title: Re: Where would you set the support and resistance for VET? Post by: JeromeTash on August 22, 2021, 08:56:02 PM I suggest you look at the 1 day or even the 1-week time frame as well.
Do you know how to use the Fibonacci retracement tool? You can use it on 1 day time frame to determine the possible resistance and resistance levels, though I am not really sure about low marketcap coins VET whose price pumps and dump the way it likes. |
