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VeChain: Quick 17% Profit (Falling Wedge Pattern)

Hello Traders,
I have been interested in VeChain for awhile, and I think this would be a good buying opportunity.
Looking at 4 hour chart, we see that textbook Falling Wedge is starting to form, and it seems like VeChain will bounce at this major support.
This is how I am going to make this trade:
1) Wait until VeChain reaches to down trendline --> if we see a bounce then I will sell all shares and buy at the major support again (blue arrows)
2) If VeChain manages to surpass down trendline --> I will buy more and cash out profit 48K Satoshi and 60K Satoshi (green arrows)
Happy Trading!
I have been interested in VeChain for awhile, and I think this would be a good buying opportunity.
Looking at 4 hour chart, we see that textbook Falling Wedge is starting to form, and it seems like VeChain will bounce at this major support.
This is how I am going to make this trade:
1) Wait until VeChain reaches to down trendline --> if we see a bounce then I will sell all shares and buy at the major support again (blue arrows)
2) If VeChain manages to surpass down trendline --> I will buy more and cash out profit 48K Satoshi and 60K Satoshi (green arrows)
Happy Trading!
Dagangan aktif
37K Satoshi is a major support.Dagangan aktif
VeChain is looking to breakout!Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.