tommytoan11

VET DAILY TRADE #11 --> BTC fiendishly stabs VET!

BINANCE:VETUSDT   VeChain / TetherUS
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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