VET/BTC: H&S and confirmed channel breakout

VET/BTC sucessfully broke out of a multi-month channel it formed since July and retested it sucessfully. At the same time it is forming an inverse Head and Shoulders pattern at the end of a downtrend, which is a good sign of a trend reversal. If it manages to close above the neckline around 100 sats we should see it rise a lot. This might happen a lot quicker than indicated by the green arrow. This could happen much faster than indicated by the green path.
Invalid if it closes below 60 sats.

Trade ativo:

Neckline broken. Enter long with Target 210 sats. SL 59 sats

Comentário:

Took a while but stop-loss was not hit and now it looks like it finally wants to break out. Send it.