Long
VeChain: Cup and handle | VET SUPER BULLISH
VeChain went out of the consolidation phase Sunday 02/05. A lot of people thought it would immediately break out.
But VET did something else. He formed a cup and handle.
What is a cup and handle pattern?
William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. The cup forms after an advance and looks like a bowl or rounding bottom.
A summary, I think VET is going to explode after this, it just touched the bottom and I think it will rise a lot when breaking through the second swing high (second triangle).
I really think VET is a top gainer!
But VET did something else. He formed a cup and handle.
What is a cup and handle pattern?
William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. The cup forms after an advance and looks like a bowl or rounding bottom.
A summary, I think VET is going to explode after this, it just touched the bottom and I think it will rise a lot when breaking through the second swing high (second triangle).
I really think VET is a top gainer!
Note
Currently following my idea perfectly
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.