weev

VET - Bullish Divergence (Elliott Wave)

Long
weev Updated   
BINANCE:VETBTC   VeChain / Bitcoin
Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target.

Entry - 263-279 Sat.
Target (short term) - 288-299
Target #1 - 353
Target #2 - 411
STOP - 248
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.