VET/BTC 1D (Binance) BullFlag on midline support & falling wedge
VeChain is moving inside that descending parallel channel for 6 months now, better be prepared for next move-up.
On lower time-frame, we can also see a falling wedge forming, this is a clear bullish pattern.
I'm expecting a breakout sooner or later, patience is the key don't forget about that!
Buy Entry= 0.00000047 - 0.00000045
Take Profit= 0.00000054 | 0.00000065 | 0.00000082
Stop Loss= 0.00000036
Risk/Reward= 1:1 | 1:2.22 | 1:4.11
Expected Profit= 20.00% | 44.44% | 82.22%
Possible Loss= -20.00%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
On lower time-frame, we can also see a falling wedge forming, this is a clear bullish pattern.
I'm expecting a breakout sooner or later, patience is the key don't forget about that!
Buy Entry= 0.00000047 - 0.00000045
Take Profit= 0.00000054 | 0.00000065 | 0.00000082
Stop Loss= 0.00000036
Risk/Reward= 1:1 | 1:2.22 | 1:4.11
Expected Profit= 20.00% | 44.44% | 82.22%
Possible Loss= -20.00%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
تم فتح الصفقة:
2/3 entries filled.
أغلقت الصفقة: تم الوصول للهدف:
TP1 with +20.00%, that's 100% using 5x, patience always pays off!
Now facing channel resistance as well, I'm taking some profit here and hold the rest for breakout.
Now facing channel resistance as well, I'm taking some profit here and hold the rest for breakout.
أغلقت الصفقة: تم الوصول للهدف:
TP2 with +44.44% (222.2% using 5x margin leverage).
The channel broke-out as expected, 200MA holding price now, last target still valid!
The channel broke-out as expected, 200MA holding price now, last target still valid!
أغلقت الصفقة: تم الوصول للهدف:
And that's a wrap, TP3 hit with +82.22% profit without leverage (411.1% using 5x) in less than a month!
Now let's wait and see if it goes down a bit.
Now let's wait and see if it goes down a bit.
