VET.USDT (Y21.P1.E1). Nice structure

Обновлено
Hi,

Another one I entered, however I didn't have time to publish my entry point.


HOW TO TRADE THIS?
Either wait for the pullback and look for confluence of the wave in the lower time frames which EMA and FIB along with a bullish candle.
or
Treat it like a breakout trade\move.


All the best,

S.SAri


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Macro structure
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On this one, I was at the right place at the right time.
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Сделка активна
updating my chart to reflect the correct price action.
Note how VET tested the neckline support (Inv. H&S). So my target is based on this.
It can also be seen to test the sloping top trendline and hence a booster move.
This should go really high as it spent some time consolidating in this range.
This is the 1st target... plenty of room to the upside.
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ref.BTC.fib.chart
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daily candles look good, upward pressure however potential bearish div appearing on the daily
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Chart PatternsTechnical IndicatorsTrend AnalysisvechainVETVETUSDT

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