I had hopes for VET to make a final leg up. Before BTC crash it was holding the line very well. And imo it is still one of the strongest alts, but I think all that means now is it is the one holding closest to resistance at 0.13 and that can make it a short with good RR. In a little while VET and all alts should be taking a tumble because BTC has wicked into SOW resistance see my Wyckoff thread for full details and that should be a heavy, effectively near impossible overhead to overcome now. The only way is down I think, and there will be no continued alt season.
Opening a short her at 0.13 TP 0.035 SL 0.165. If I see price retreating quick on a crash I may just sell. Btw if it works I will exit my short mid way and re-fire to not incur short retracted loss.
Not advice.
Opening a short her at 0.13 TP 0.035 SL 0.165. If I see price retreating quick on a crash I may just sell. Btw if it works I will exit my short mid way and re-fire to not incur short retracted loss.
Not advice.
Trade active
Comment:
This is going to be a devastating wipe-out.
Comment:
This is starting to look like the easiest short ever. This is not a healthy picture. I'll probably add more later.
Trade closed: target reached:
Apologies I was unable to post my exit yesterday following a discussion with one of the websites many Garlicoin billionaires - who disagreed with one of my ideas. I'm making a group it seems. PM me and you won't miss a thing.
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