Quote from: Stedsm on December 07, 2020, 08:20:38 PM

Quote from: Harriti on December 07, 2020, 08:08:24 PM

Yes, I just want us to preserve capital as best we can and avoid trading margin with high risk situations like this ^^

Will VET have big news in the future? Do you have any hidden information or is it just the result of your long-term analysis? I'm excited to hear your rationale as I enjoy holding potential altcoins over the long term at the moment.

VET is a good alt tbh, I don't have any hidden info nor do I have any big news about VET for the future (and I don't even trade any news because good news always give bad outcomes and I've witnessed it many times). In your first comment, I forgot to correct you that you said VETUSDT has yet to break $0.182, but VETUSDT is currently $0.0183 (you took the price 10x already Grin

)

I watch price action and trade on the basis of that only, I don't trust any indicators as well as any news or rumors. Naked charts are enough for me to spot the trades.

$ 0.182 is just a small range of resistance and you see, even though it has risen to $ 0.184 it is still correcting haha.

I am getting signal to Long at this point. As shown below I have drawn a trendline and cumulative triangle pattern, it will probably fall back to 0.171 ~ 0.173 and that will be when we execute Long; the leverage should be x25 since our risk is quite low on this position.

The selling volume is quite low but created 3 consecutive red candles at H4, this shows that there are still many VET holders waiting for a big pump when the price breaks the cumulative triangle.