VeChain / TetherUS
Panjang
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Looking for a pullback on VeChain

305
VeChain hit new highs and the daily chart looks excellent.

We're looking to pick up a retrace between 0.0172 - 0.0176, with a stop around 0.017.

Altcoins like to spike up and bleed back. This is a low risk trade.
Nota
The retracement zone moved up to 0.0176 to 0.0179, and the entry point (0.0179) was hit. We're in the trade!

Stop is around 0.0174.
Nota
Price is hanging around, but still above our entry. New stop is 0.0176.

Two choices:

1) Put a trailing stop on it and forget about it
2) Use a 20 period Donchian channel and cut the trade below the basis (middle line)

I'm partial to #2.
Dagangan ditutup: hentian tercapai
Either stop method would've take you around 0.0177-0.0178 for small loss.

Typical retracement. A low risk trade that could've gone somewhere, but didn't.

Penafian

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