VETUSDT broke out!

[Stedsm]

I couldn't take an image as my storage is now over!
But as I can see on the charts, VET broke a major resistance and is currently on for an open ride towards a new high over its previous one. With an extremely tight stop around 0.0175, you can long this position with a 10x leverage and set the targets around 0.0195 to be t1 and 0.0218 to be t2.

Enter this trade at your own risk, I only share what I see on the charts and which could actually prove to be profitable.

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[Harriti]

As of the current chart, VETUSDT has yet to break $ 0.182 and the buying is weakening based on the current Doji H4 candle. Along with that, Bitcoin is showing signs of correcting again, so executing a Long order is also very risky at this time. I think its price will soon fall back to the MA99, then we should place a Long order, the risk is quite low when the H4 chart is showing bull trend.

[Stedsm]

As of the current chart, VETUSDT has yet to break $ 0.182 and the buying is weakening based on the current Doji H4 candle. Along with that, Bitcoin is showing signs of correcting again, so executing a Long order is also very risky at this time. I think its price will soon fall back to the MA25, then we should place a Long order, the risk is quite low when the H4 chart is showing bull trend.
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You were right, the trade got stopped out due to BTC correcting under $19k again making a double bottom at around 18900. I still believe this VETUSDT is a good trade to enter even at the current price because BTC is not going to show a rebound again towards downside, so holding on to enter isn't worth it. Else, you can set up your own targets for this trade but this token is looking highly promising to me.

[Harriti]

As of the current chart, VETUSDT has yet to break $ 0.182 and the buying is weakening based on the current Doji H4 candle. Along with that, Bitcoin is showing signs of correcting again, so executing a Long order is also very risky at this time. I think its price will soon fall back to the MA25, then we should place a Long order, the risk is quite low when the H4 chart is showing bull trend.
--snip img--

You were right, the trade got stopped out due to BTC correcting under $19k again making a double bottom at around 18900. I still believe this VETUSDT is a good trade to enter even at the current price because BTC is not going to show a rebound again towards downside, so holding on to enter isn't worth it. Else, you can set up your own targets for this trade but this token is looking highly promising to me.

Yes, I just want us to preserve capital as best we can and avoid trading margin with high risk situations like this ^^

Will VET have big news in the future? Do you have any hidden information or is it just the result of your long-term analysis? I'm excited to hear your rationale as I enjoy holding potential altcoins over the long term at the moment.

[Stedsm]

Yes, I just want us to preserve capital as best we can and avoid trading margin with high risk situations like this ^^

Will VET have big news in the future? Do you have any hidden information or is it just the result of your long-term analysis? I'm excited to hear your rationale as I enjoy holding potential altcoins over the long term at the moment.

VET is a good alt tbh, I don't have any hidden info nor do I have any big news about VET for the future (and I don't even trade any news because good news always give bad outcomes and I've witnessed it many times). In your first comment, I forgot to correct you that you said VETUSDT has yet to break $0.182, but VETUSDT is currently $0.0183 (you took the price 10x already  )

I watch price action and trade on the basis of that only, I don't trust any indicators as well as any news or rumors. Naked charts are enough for me to spot the trades.

[Harriti]

Yes, I just want us to preserve capital as best we can and avoid trading margin with high risk situations like this ^^

Will VET have big news in the future? Do you have any hidden information or is it just the result of your long-term analysis? I'm excited to hear your rationale as I enjoy holding potential altcoins over the long term at the moment.

VET is a good alt tbh, I don't have any hidden info nor do I have any big news about VET for the future (and I don't even trade any news because good news always give bad outcomes and I've witnessed it many times). In your first comment, I forgot to correct you that you said VETUSDT has yet to break $0.182, but VETUSDT is currently $0.0183 (you took the price 10x already  )

I watch price action and trade on the basis of that only, I don't trust any indicators as well as any news or rumors. Naked charts are enough for me to spot the trades.

$ 0.182 is just a small range of resistance and you see, even though it has risen to $ 0.184 it is still correcting haha.

I am getting signal to Long at this point. As shown below I have drawn a trendline and cumulative triangle pattern, it will probably fall back to 0.171 ~ 0.173 and that will be when we execute Long; the leverage should be x25 since our risk is quite low on this position.

The selling volume is quite low but created 3 consecutive red candles at H4, this shows that there are still many VET holders waiting for a big pump when the price breaks the cumulative triangle.