Hello Traders,
I have been interested in VeChain for awhile, and I think this would be a good buying opportunity.
Looking at 4 hour chart, we see that textbook Falling Wedge is starting to form, and it seems like VeChain will bounce at this major support.
This is how I am going to make this trade:
1) Wait until VeChain reaches to down trendline --> if we see a bounce then I will sell all shares and buy at the major support again (blue arrows)
2) If VeChain manages to surpass down trendline --> I will buy more and cash out profit 48K Satoshi and 60K Satoshi (green arrows)
Happy Trading!
I have been interested in VeChain for awhile, and I think this would be a good buying opportunity.
Looking at 4 hour chart, we see that textbook Falling Wedge is starting to form, and it seems like VeChain will bounce at this major support.
This is how I am going to make this trade:
1) Wait until VeChain reaches to down trendline --> if we see a bounce then I will sell all shares and buy at the major support again (blue arrows)
2) If VeChain manages to surpass down trendline --> I will buy more and cash out profit 48K Satoshi and 60K Satoshi (green arrows)
Happy Trading!
Trade active:
37K Satoshi is a major support.
Trade active:
VeChain is looking to breakout!