So I totally forgot about yesterdays VET trade! (Feel like I actually charted it up but accidentally restarted pc.. not sure!)
*EDIT= i hesitantly think we are in an ascending channel now, or it could be an ascending channel.. haha. Be careful DYOR! With the .20 resistance its more of an ascending triangle right now.
So if you bought in the zone last trade, you will have got stopped out, or you better have! -5% I generally recommend getting out. After that you have to protect yourself. This is an inexact science, conditions change constantly, don't enter these trades if you aren't prepared to either take that -5% hit or at least actively track the trade throughout the day.
VET walked straight through the lower trend line, gave it poor respect, its followed FIB levels far more accurately. Dream entry here would be buying at the .1895 FIB level , i will set a buy limit up right now for it!.... ok $500 USDT committed.
Personally, I don't see my buy getting hit. The thing with entering on that trend line is a good entries constantly in flux. Right now .1895 can work if we enter a short term downtrend, but 4 hours from now... it changes. This trades relevancy has a short half-life, partly why I guess I do a new one each day!
VET has had some good news, was trending a bit yesterday, people are talking about it, im guessing the VET reddit AMA went well!
-=-=-=-=-=-=-
Todays VET Trade
-=-=-=-=-=-=-
BUY: .1895
TARGET: .25
STOP: .183 or 5%
-=-=-=-=-=-=-
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
**If you have queries about how to manage these trades send me a message or comment below. There is a ton of fine details to this which I don't expand on here and I'm often assuming most people are already aware of.
*EDIT= i hesitantly think we are in an ascending channel now, or it could be an ascending channel.. haha. Be careful DYOR! With the .20 resistance its more of an ascending triangle right now.
So if you bought in the zone last trade, you will have got stopped out, or you better have! -5% I generally recommend getting out. After that you have to protect yourself. This is an inexact science, conditions change constantly, don't enter these trades if you aren't prepared to either take that -5% hit or at least actively track the trade throughout the day.
VET walked straight through the lower trend line, gave it poor respect, its followed FIB levels far more accurately. Dream entry here would be buying at the .1895 FIB level , i will set a buy limit up right now for it!.... ok $500 USDT committed.
Personally, I don't see my buy getting hit. The thing with entering on that trend line is a good entries constantly in flux. Right now .1895 can work if we enter a short term downtrend, but 4 hours from now... it changes. This trades relevancy has a short half-life, partly why I guess I do a new one each day!
VET has had some good news, was trending a bit yesterday, people are talking about it, im guessing the VET reddit AMA went well!
-=-=-=-=-=-=-
Todays VET Trade
-=-=-=-=-=-=-
BUY: .1895
TARGET: .25
STOP: .183 or 5%
-=-=-=-=-=-=-
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
**If you have queries about how to manage these trades send me a message or comment below. There is a ton of fine details to this which I don't expand on here and I'm often assuming most people are already aware of.
