VET/BTC has placed on the two strong supports(one dynamic and another static support). Also, the chart created higher and higher bottoms(A, B, C bottoms) which shows that the buyers' power gradually is increasing and dominating the sellers' power. In addition to these reasons, the chart is forming a flag pattern which is more obvious in 1D. Then, I expect that the chart rises up to the first target at the first step.
what is my personal strategy for this pair?
I buy a certain amount (2X) and I will put two certain amounts sell stop (x)under each bottom at the same time. if the chart goes up, I will buy more and more and earn more profit. But, If the chart falls down, sell stops can save my account from liquidity and I can get more profit with sell positions.
If the analysis is wrong, the final stop loss will be active to earn more and more profit from the final sell position
what is my personal strategy for this pair?
I buy a certain amount (2X) and I will put two certain amounts sell stop (x)under each bottom at the same time. if the chart goes up, I will buy more and more and earn more profit. But, If the chart falls down, sell stops can save my account from liquidity and I can get more profit with sell positions.
If the analysis is wrong, the final stop loss will be active to earn more and more profit from the final sell position