Can VET/BTC start its uptrend and give a high profit?
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