VeChain - Morning Update - Buy the dip?
So, the path I've published over the past 2 days seems to be playing out near-perfectly. Its also triggered a few buys for the dip for me. Lets take a look at where we may be continuing to from here...
Disclaimer: I am not your financial adviser and anything you read here is for informational or entertainment purposes only.
Well, this is fun. If you look at the day chart (that I prefer), you would think that we severely undershot yesterday's target. Though, if we pull up the 4hr chart, it tells a different story:
The 4hr chart shows that we near exactly hit the target, though it dumped a bit faster than expected (basically a bull-trap). Over the next few days, we will see if the remainder of the path plays out, though it looks good as we are hitting another wedge now. If the price breaks up, we are in good position to continue this path to a Monday/Tuesday breakout.
Have a wonderful Friday! It's electric! Boogie-woogie-woogie...
After only finding out about Vechain in the last day and seeing how much of a solid project it is. I seem to have made the discovery at exactly the right time. Right in the dip!