VET Update 3

12 sept 2018So,

VET is looking for support. Clean break towards the 185 area.

Short opened towards 165 area. Set your stop loss around 194 area, or whatever you are comfortable with.

See chart for bearish argument.

12 sept 2018

Comentarios

She's lingering around the 194 mark, expecting small sideward movement before the drop down.

12 sept 2018

Comentarios

Pay attention to that 4h candle between 10:00&14:00, sept 12. Huge volume, zero price movement.

12 sept 2018

Comentarios

Ok, so we fomo'd into that short. A moment of reflection: We expected the .5 fib line to break, with an increasing decline in the price. It didnt, were we lost a small opportunity to resell our stack for +17 sats for a small 5% gain. Currently eyeballing the bottom of the .5 fib channel again after rejection at .382 fib, target of 165 not yet invalidated. Look out for signs of reversal, tricky market atm.