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VeChain: Quick 17% Profit (Falling Wedge Pattern)

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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!
Dagangan aktif
37K Satoshi is a major support.
Dagangan aktif
VeChain is looking to breakout!

Penafian

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