VectorAlgo

VET - Falling wedge - Waiting on Breakout

Long
VectorAlgo Updated   
BINANCE:VETUSDT   VeChain / TetherUS
#VET/USDT #Analysis
Description

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+ VET has formed a clear wedge pattern, and a breakout seems imminent.
+ If the price breaks out from this falling wedge pattern, we can expect a significant price increase.
+ I'll enter a trade after the breakout occurs.
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VectorAlgo Trade Details
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Entry Price: 0.03653
Stop Loss: 0.02987
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Target 1: 0.03959
Target 2: 0.04374
Target 3: 0.04893
Target 4: 0.05911
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Trade closed: stop reached

Enhance. Trade. Grow

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