Vechain (VET) is looking bullish

SWING TRADING STRATEGY

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I looked at VET / BTC pair and think it will go bullish again after retrace for almost 2 months, there are signs that makes the pair will be bullish :
1. The pair is creating pennant pattern right know
2. It was bounce on FIBO 0.5 in bigger wave and 0.768 on smaller wave
3. There is yearly strong support below the price in green curve line
4. EMA 55 is supporting the price
5. Volume profile showed spike around this price

The target is mapped using violet lines, we can see 70% easy potential profit in the future

Entry : 137 - 159
Target 1 : 206
Target 2 : 238
Target 3 : 279
SL : Below 132

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