VeChain (VEN/BTC) - Potential C&H pattern w/solid support

VeChain is done correcting and it seems to be respecting support well. Be mindful of the support trend line, if it's crossed downward strongly, then this idea failed.

TP1: 0.000815
TP2: 0.001290

Kommentera:

Broke below support. If you are hodling keep a good eye on this. If you are planning to sell, wait for the typical rebound.

This could also have been whales hunting for stop losses, that's a strategy used to make quick profits. If this is the case, then we should see a fairly quick rebound and a trend continuation.

Trade stängt: Stopp nått