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BtcBlackthorne
17 de Jun. de 2019 15:35

VET Ranging In Falling Wedge, Building Bullish Momentum Largo

BINANCE:VETBTC240
VeChain / BitcoinBinance

Descripción

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Long signals: falling wedge, golden cross on macd.

Short signal: hidden bear div.

Being a large cap, VET doesn't respond so much to Bitcoin's volatility. It's likely do its own thing and keep ranging within the falling wedge for a while.

It will bounce back to mid 90s, where it will come up against resistance, which will eventually break out. The break out will likely be spurred by news, strong FA and rising activity on the mainnet.

Comentarios

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Targets: the SR lines at 102 and 127 sats.

Comentarios

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Just fell through support. Will have to get back in there soon to prevent invalidation.

Comentarios

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Idea invalidated.

I will await the formation of a new pattern and then chart it again.

Comentarios

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Popped right back into the triangle.

Might continue as if nothing even happened.
Technical IndicatorsTrend Analysis
Comentarios
ribi
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are we going to the moon or sub zero?
nginx
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@ribi, Sub zero most likely. BTC is the only thing going to the moon.
BtcBlackthorne
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@ribi, This will moon, eventually.
BtcBlackthorne
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In order for alts to pump, new money must come in.

Most laymen are not yet aware of Bitcoin's recent rise. Soon, the media will let them know.

Newbies will look for the next Bitcoin. It's got to be cheap, so they can own many. Market cap be damned.

Alts always pump delayed. But when they do... hold onto your jetpacks.
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