Whats next for VET? CONGRATS with you GAINZ!
First of all congrats with your profit on VET
VETUSDT
. You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look.
Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why:
- VET is in a bullish trend. Check the blue trend line.
- We're moving towards the daily 200 MA.
- We broke the 50 and 100 MA.
- Breaking the 200 MA and the path is clear towards the brown resistance box.
- There is still a decent volume.
But why do you have to be careful?:
- We see a bearish divergence.
- Breaking the trendline means we're in for a (small) correction.
- The brown box is the next resistance zone.
- The 200 MA could give resistance.
Happy trading!!
VETUSDT
. You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look. Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why:
- VET is in a bullish trend. Check the blue trend line.
- We're moving towards the daily 200 MA.
- We broke the 50 and 100 MA.
- Breaking the 200 MA and the path is clear towards the brown resistance box.
- There is still a decent volume.
But why do you have to be careful?:
- We see a bearish divergence.
- Breaking the trendline means we're in for a (small) correction.
- The brown box is the next resistance zone.
- The 200 MA could give resistance.
Happy trading!!
