Mattyx227

Vechain sitting on a confluence of supports

Long
Mattyx227 Updated   
BINANCE:VETUSDT   VeChain / TetherUS
Hi everybody,

Vechain/USDT is sitting on a confluence of supports with the ascending trend line on the upside and a retest of broken through long term trend line just below that. Plus multiple MAs forming a bullish structure.

Buy 1.2 area, short term would set 1.1 stop loss.

Take profit areas: 1.6 / 2.5
However, personally I’m holding vechain long term (investor mindset)
Comment:
Took profit at @ 1.65 with 50% position
The other 50% will be a long hold position.
Trade closed manually

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