VET has made its way back to resistance again, wicked through and now sits as it did before - plumb on 0.13. Although it could perhaps drift a little this should be the top right here. Price could really collapse here in tandem with Bitcoin collapsing out of a wave 4 flat correction into a devastating wave 5. See my Bitcoin thread below for details.
Not advice.
Not advice.
Trade active
Comment:
Comment:
I'll probably stagger out and buy-to-close all my VET shorts if/when BTC finds its way down towards to lower trendline of the pennant. I may re-fire again after a bounce.
Trade closed: target reached:
I'm all out here with VET at $0.96. It could have another leg down if BTC touches the lower pennant, but looking like a bounce may be coming and just passed support. I'll happily exit early to not wake up to potential bounces,
Comment:
VET up 12% today since close. Bounce evaded.
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