TheHitman

Still bearish for VETBTC

Short
BINANCE:VETBTC   VeChain / Bitcoin
Hi Traders

A quick analysis of VETBTC for the next couple of days. As the Hitman is still bearish, I expect a retest of the green area before we go down further.

The price might not even reach this area again, but I would not recommend to enter if it doesnt as R:R does not look very appealing when only looking at Target Area 1. It will might take some time for the price to reach Target Area 2 and therefore a lot of fundamental things could change market sentiment. Its why I mainly look at the R:R for the first Target Area.

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