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Thursday, March 11, 2021

VET/USDT | Potential Upward Movement πŸš€ πŸš€πŸš€

VET/USDT | Potential Upward Movement πŸš€ πŸš€πŸš€


Technical Analysis:

Starting by the higher time frame the price is smashing the daily resistances by trading inside a bullish channel formation. Recently, the price managed to break the 0.06086 USDT level, and posted a correction toward it. On the 4 hour time frame, the price is trading inside a flag pattern where it is heading to the confluence area between the daily support & the 61.8% Fibonacci retracement .
Trade Idea:

Buy Stop Order @ 0.06085
Take Profit @ 0.06749
Stop Loss @ 0.05765

Trade Safely πŸ™‚

from Trading Ideas
via gqrds

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