VET looks good for Long trade

2021년 6월 4일

Hi , this is my 1st technical analysis and its gave me profit yesterday so i would like to share why i choose this coin
reason :
1.20 MA moving above 50MA
2.can see a bullish hammer candle (hammer stays above 33%) follow by big green candle
3.following uptrend in 4hr time frame
4.touched 20MA line before confirming the entry of 0.125 dollar
above conditions are satisfied

stop loss :
lower then previous lower low of 0.11742 dollar ( wick plus ATR value )

NOTES :
my expected target of 0.15 reached in 28 hours from entry ,
Even elon FUD didnt affect the stoploss , looks good and strong till now