VET Update 3
Updated
So,
VET is looking for support. Clean break towards the 185 area.
Short opened towards 165 area. Set your stop loss around 194 area, or whatever you are comfortable with.
See chart for bearish argument.
VET is looking for support. Clean break towards the 185 area.
Short opened towards 165 area. Set your stop loss around 194 area, or whatever you are comfortable with.
See chart for bearish argument.
Note
She's lingering around the 194 mark, expecting small sideward movement before the drop down.Note
Pay attention to that 4h candle between 10:00&14:00, sept 12. Huge volume, zero price movement.Note
Ok, so we fomo'd into that short. A moment of reflection: We expected the .5 fib line to break, with an increasing decline in the price. It didnt, were we lost a small opportunity to resell our stack for +17 sats for a small 5% gain. Currently eyeballing the bottom of the .5 fib channel again after rejection at .382 fib, target of 165 not yet invalidated. Look out for signs of reversal, tricky market atm.
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.