VET mirroring BTC exactly these last few days, so everything here is based on BTC holding $52k as an absolute bottom before we take off. VET has been holding the indicated Fib levels fairly well since ATH this past summer. If BTC dips to $52k, as is trending today, we can probably expect VET to follow suit and dump further. Next support would be 10.3 cents on the Fib level, which is only slightly below the trendline I have drawn...I would expect VET to hold the trend line , but maybe wick down below it on the hourly scale. I am setting a buy for 10.5 cents, which hopefully is rock bottom for VET before we retake 25 cents and then beyond.
Next support if we break below 10.5 cents would probably be 8.5 cents as indicated by the purple rectangle, but hopefully it doesn't come to that.
Not financial advice, just my thoughts.
Next support if we break below 10.5 cents would probably be 8.5 cents as indicated by the purple rectangle, but hopefully it doesn't come to that.
Not financial advice, just my thoughts.
交易進行
We hit and bounced off of 10.5 cents as predicted when BTC dumped to $52k this afternoon. I am currently long on VET with a tight stop-loss. There is a double-bottom going back to November 28th at 10.5 cents, hopefully BTC holds this support and we see 15 cents in a week or 2.交易結束：達到停損點
Stopped out during the crash. Stay safe homies.
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