With the market still relatively slow, I figured it was a good time to look at one possible scenario that could send VET much higher.
Although the pattern hasn’t set up yet, I like to be prepared for various scenarios just in case.
In today’s issue, I’ll introduce the pattern I’m watching, where I’m interested in buying, and how high it could send VET over the coming weeks. We’ll wrap up with updates on BTC, ETH, LINK, and MATIC.
Potential Bullish Reversal Structure
The head and shoulders comes in two forms. The most common is the one that develops at the top of a structure and suggests a bearish move ahead.
However, the other is called an inverse head and shoulders and signals bullish intent—VET could be setting up for the bullish sort.
Full disclosure, this is speculative. VETUSDT hasn’t set up with an inverse head and shoulders, but another pullback will put it one step closer.
This is a members-only issue. Join today to get access to the full post, charts, and watch the video.
Members receive one new issue every weekday.Join and pay monthly Join and pay yearly (save 20%)
Already a paying member? Sign in