VET will follow btc!
As much as i want VET to remain bullish, this setup is a perfect exact copy of bitcoin. And with bitcoin in its most dangerous situation, VET is at the same level amount of danger too. VET/BTC correlation at 0.58, significant enough that if bitcoin falls, vet will follow along.
A fall of btc to around 46k level will make VET fall to around 0.11 dollar level, with the longer red stick as the flash crash bottom prediction, using the previous flash crash length (i will enter my long there). An increase in btc, or breakout in both, will make VET go back up in around 0.24 ish dollar level, good for you hodlers.
Though i would really want to hodl and be with you all, my assets are too focused on VET. I have low capital and cannot take this risk. To you hodlers, i bid you good luck.
Go in with caution, and those who took their profits, we are the same. I am still bullish in the longer period, and will seek to enter more after its correction.
Not a financial advise. All of this coming from a crypto neubie :))
A fall of btc to around 46k level will make VET fall to around 0.11 dollar level, with the longer red stick as the flash crash bottom prediction, using the previous flash crash length (i will enter my long there). An increase in btc, or breakout in both, will make VET go back up in around 0.24 ish dollar level, good for you hodlers.
Though i would really want to hodl and be with you all, my assets are too focused on VET. I have low capital and cannot take this risk. To you hodlers, i bid you good luck.
Go in with caution, and those who took their profits, we are the same. I am still bullish in the longer period, and will seek to enter more after its correction.
Not a financial advise. All of this coming from a crypto neubie :))
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