Vechain
2021 Crypto Bull Run Is Not OverBitcoin has been trading in this channel since early July. RSI has been "reset" every 2 months since we hit our $29k low in mid July, and has also hit our bottom ascending trendline each time. We then see a run up from there. (1) We saw an 80% run up followed by (2) a 25% correction before beginning another leg up (3) of 74%. Am expecting (4) to be between a 20-25% correction before beginning our next, and most likely final leg up (5) which I assume will be more than the 80% we saw in (1) and (3). We seem very close to that bottom RSI level now and I am expecting we see a bounce off of our Demand Zone (green box) today or tomorrow. However if we do lose that zone, I believe $53k would be our next level and more than likely be our bottom for our next leg up. I still believe we will see a $100k+ Bitcoin by the end of this year or early '22.
VeChain ready for a Parabolic run?!VeChain had a golden cross followed by a dip under the 50DMA in December, which was then followed by a rally. Gapping above the RSI trend line in late Feb as well as a gap above the prices upper ward trending support line coming out of a Broadening Wedge is what then lead to the parabolic move of 665%. Will history repeat itself?
DO NOT SLEEP ON VET 👀Yeah yeah, boring altcoin, for 7 months almost no performance aaargh! vet go dead! and all those saying this stuff will miss this beatiful run up.
My advice is : you do not want to sleep on VET !
Enjoy the next months.
Price predictions :
( 800% ) 1$ EOY
( 2000%) 3$ if bullrun extends to February 2022
VeChain - 1 day chart updateNote that VeChain (VET) is still in a longterm uptrend.
Using the Ichimoku Cloud settings of 20,60,120,30, but note I’m only using the cloud portion, we can clearly see that VET is still in the Bullish Zone of the Ichimoku Cloud.
VET is BELOW is Bollinger Bands Middle Band Basis 20 period SMA.
Note that the Upper and Lower Bollinger Bands are starting to contract and pinch inwards.
Looking at the Schiff Pitchfork Pattern (A,B,C), note that VET is still ABOVE its Schiff Pitchfork Median Line. A continuation of daily closes ABOVE this level is absolutely crucial.
VET is BELOW its Least Squares Moving Average (LSMA) for this 1d timeframe. A close below the LSMA is a potential sell signal for this indicator, so be on the lookout for when VET crosses & closes back above the LSMA.
VET is back ABOVE its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 10 daily candles that i have selected.
VET is still ABOVE its Volume Profile Visible Range Point of Control (VPVR POC) for this chart's visible range.
The Average Directional Index (ADX DI) is indicating the trend strength has dropped with the ADX (Orange Line) at 22.08 and is below its 9 Period EMA (Black line) which is at 25.17. The +DI (Green Line) has dropped to 17.90 but is still above its -DI (Red Line) which has also dropped to 17.11. This indicates Positive Momentum is still stronger than Negative Momentum on this 1d timeframe. Note that both the -DI (Red Line) and +DI (Green Line) have now turned sideways.
The OnBalanceVolume (OBV) is indicating momentum is sideways at the moment. Note that the OBV (Blue Line) is back ABOVE its 9 Period EMA (Orange Line) indicating a strengthening of positive momentum.
Fist port of call is for VET to cross and CLOSE back ABOVE its BB Middle Band Basis and LSMA on this 1d timeframe. So long as BTC behaves herself and continues closing above the daily chart 50EMA then we may see a more sideways ranging with VET before the next move up. Hopefully now with the release of POA2.0 well see VeChain eventually added onto more exchanges that will help dampen any Binance BTC Longs Futures liquidations.
I hope this is helpful with your trading and hodl-ing.
Notes:
Bollinger Bands = Grey Bands on chart
LSMA = Black squiggly line on chart
VPFR POC = Short horizontal red line on chart
VPVR POC = Long horizontal red line on chart
Trend-lines = Ascending & Descending dashed black lines.
VeChain Price AnalysisThe price has heightened to $0.171.
VeChain price analysis confirms bullish trend.
VET/USD is currently trading at $0.1553.
The VeChain price is presently seeing a bullish price movement, according to the most recent VeChain price analysis. For the past several weeks, green candlesticks have dominated the price charts, with unavoidable bearish disruptions. The price is nearing the resistance level at $0.182, and it is expected to surpass it in the coming weeks. Once again, because of its rise, the value has returned to its previous peak of $0.171.
VeThor - VTHO is one of crypto using Proof of Authority (POA)
VeThor Token is one of the two tokens employed by the VeChainThor public blockchain. VeChain was initially launched in 2015, but it went through a heavy rebranding process in 2018. While VeChain Token (VET) is the native token for the platform, VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain.
The VeChainThor network relies on a proof-of-authority (PoA) consensus mechanism, which allows it to validate transactions more swiftly
Rank #167
Token
On 97,837 watchlists
VeThor Token Price (VTHO)
$0.009693
3.86%
0.0000001544 BTC1.02%
0.000002163 ETH0.51%
VECHAINVeChain price has entered a phase of bullish consolidation following a pullback from six-month highs of $0.1898, as VET buyers catch a breather before contemplating the next leg higher.
Despite the recent listless performance in VeChain price, bulls remain motivated by the upbeat forecasts from the industry experts.
VETUSDT 1DHi everyone
The daily VET chart shows that the price is looking to rise after a slight recovery on Saturday and sellers are still lurking near the $ 0.1650 level
The decisive passage of the VET above this level will revive the uptrend and will be followed by a new uptrend
The bulls can be stopped near the $ 0.20 resistance, after which the price levels will be around $ 0.22
The VET is likely to have growth potential as long as it can stay above its critical support of around $ 0.1490
If the VET closes below this level with a daily candlestick, the price will fall sharply to $ 0.1277
As the downtrend continues, resistance support is around $ 0.12
thankful
VETUSDT - Enjoy 🚀🚀🚀 (1H Signal)Follow me, its good IDEA :)
Now VETU 1H time frame is inside of triangle and this moment are very good for a little time frame scalping. (1,5,15m)
for a long position we need hard confirmation for a trend.
Please share your opinion in the comments
This is not financial advice !!!