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Vechain

Quick VTHO 1D updateQuick VTHO 1D chart update: VTHO is still in the Equilibrium Zone of the Ichimoku Cloud for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid-point of the short-term momentum is slightly upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards at the moment. VTHO has found support from its Ichimoku Cloud Base Line (Kijun Sen) and has bounce off this level twice over the last 3 days. VTHO has found some resistance from its Conversion Line (Tenkan Sen) level. VTHO is still in its triangle pattern walking downwards, keep an eye on if the breakout is upwards or downwards. We may see VTHO head to its triangle pattern APEX before we see a breakout. A successful break ABOVE the descending resistance line and re-test as support is crucial. Volume is still relatively low and VTHO is below its Volume 20 Period Moving Average. It’s a good thing that this period of downwards movement over the last couple of days has not been on huge volume. VTHO is still above its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. VTHO is still below its Volume Profile Fixed Range point of Control, (VPFR POC) for the fixed range i have selected. VTHO is still below its Least Squares Moving Average (LSMA) if you are waiting for LONG confirmation then a close above the LSMA and successful retest of it as support is crucial. VTHO is above its Bollinger Bands Middle Band Basis 20 Period SMA at the moment. A daily close ABOVE this & successful re-test as support is crucial for renewed upwards momentum. The Average Directional Index (ADX DI) is showing the trend strength has weakened with the ADX (Orange Line) at 44.63 crossing under its 9 Period EMA (Black Line) which is at 48.63. The +DI (Green Line) has dropped to 22.87 and the -Di (Red Line) is sideways at 16.81. This indicates that while we have seen a drop in Positive Momentum, Negative Momentum has not increased but is sideways at the moment. The Relative Strength Index (RSI) is confirming that momentum is upwards at the moment. Note that the RSI (Purple Line) is still below its 9 Period EMA (Orange Line), a cross back above the 9 Period EMA will be a sign of renewed upwards momentum strength. Note that VTHO has room to move up on this 1D timeframe before it becomes overbought. I hope this is helpful with your trading and hodl-ing.
by TradingThroughTheLens
VECHAIN - VET Moving into Carbon Emissions Control 🏭🧐👍VECHAIN has been on our radar and portfolios for quite a while. You might remember our previous posts earlier this year. It is time, both Technically and Fundamentally to look at this option again. Technically the price is now approaching it's greatest support level and this offers us a nice chart to work on. Fundamentally there are some great news as VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data: ''Supply chain management platform VeChain announced a new service for combining businesses to overhaul their carbon footprint data management practices. The new service, detailed in a Medium post on Aug. 26, combines decentralized ledger technology with a software-as-a-service (SaaS) business model. The Digital Carbon Footprint SaaS Service “allows enterprise users to log key data and integrate it with world-leading third party assurance providers within VeChain’s partnership network. This data can then be later transformed into new kinds of value and improve sustainability performance across the entirety of an organization.” In the announcement, VeChain cited obstacles with trust and transparency in traditional supply chains when collating companies' carbon emissions data. A public blockchain solves this problem, providing transparent accountability for all layers of the supply chain network.'' This is a great idea and keep in mind that there will be a 3,5 Trillion dollar bill in the US for the environment. Connect the dots here. Beat Co2, the FXPROFESSOR
Long
by FX_Professor
4
Cup & Handle Daily VETNow, by definition the "Cup and Handle" formation signals the continuation of a bull move. Some will say that due to the action over the last few months that this is not the right "call". However, if you zoom out far enough, you'll see that we are still in a macro-based uptrend. That said, it's obvious what the price action will do. Enjoy the ride. I'm holding this until $0.50, then reassessing the market before making my next move which will most likely be swapping some VET for ADA so I can increase my staking margin. - Bull volume has been strong - Support Lines have held - RSI has reset
Long
by tired_man_willis
VeChain - 1D chart updateVeChain 1D chart update using the 20,60,120,30 Ichimoku Cloud Settings: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid point of the short-term momentum is sideways. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the mid-term momentum is sideways. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum at the moment is upwards. Note that the Lagging Span (Chikou Span) is way above the price from 30 Periods ago. Note that VET is inside the Ichimoku Cloud Equilibrium Zone for this 1D timeframe. VET is above its Volume Profile Visible Range Point of Control (VPVR POC) for this chart’s visible range. VET is above its Volume Profile Fixed Range Point of Control (VPFR POC) for this chart’s fixed range i have selected. Volume is still relatively low for this 1D timeframe and notice that the last 4 Volume Bars have been below its Volume 20 Period Moving Average. Note that VET is still safely above its longterm upwards Trend-line. VET is in a triangle pattern so be on the lookout for which direction VET may break out from, at the moment it looks like VET will break upwards. VET has found some resistance from its triangle descending line. VET is above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1D timeframe. Note that the Lower BB is moving upwards and the Upper BB is moving sideways, this shows me that we may see a bit of consolidation and also that VET still has a lot room to move up before volatility becomes overextended. The Average Directional Index (ADX DI) is indicating the trend is sideways with the ADX (Orange Line) at 46.99 and still above its 9 Period EMA (Black Line) which is at 46.47. The +DI (Green Line) is sideways at 23.03 and the -DI (Red Line) is at 8.41. Note that the +DI (Green Line) is sideways and the -DI (Red Line) is pointing downwards, this indicates that while Positive Momentum is sideways, Negative Momentum has dropped for this 1D timeframe. Please be aware that if the ADX (Orange Line) drops below the 9 Period EMA (Black Line) then we will may see a price drop on this 1D timeframe. The Relative Strength Index (RSI) is also indicating momentum is upwards at the moment. Note that the RSI (Purple Line) has just crossed back above its 9 Period EMA (Orange Line) which is a good sign of upwards strength for this 1D timeframe. Note that the RSI (Purple Line) still has room to move up before entering the Overbought Zone on this 1D timeframe. Note that being in the Overbought Zone doesn't mean the price will drop as the RSI (Purple Line) can go up, down and also range sideways in the Overbought Zone for a prolonged period of time. If you are LONG and need to wait for confirmation of renewed upwards momentum then a successful close above the Potential Resistance Line and retest of that as support is crucial. If you use the Ichimoku Cloud System as your confirmation then you will wait for the price to break above the Leading Span B (Senkou Span B) resistance into the Bullish Zone and a successful retest of the Leading Span B (Senkou Span B) as support, FULL Bullish Confirmation for this 1D timeframe will be when the Leading Span A (Senkou Span A) crosses back above the Leading Span B (Senkou Span B) creating a new Bullish Green Cloud (Kumo) for this 1D timeframe. Using this system I’ve posted, if VET cannot make it above its Resistance Area and drops, it will find potential support from its Conversion Line (Tenkan Sen), Base Line (Kijun Sen), its Potential Support Area and also the Leading Span A (Senkou Span A) support level. There are other timeframes with many other support & resistance levels to take into account but I’m just focusing on the 1D timeframe for this post. This chart may seem messy to some and there is a lot going on, but as I’ve stated before, my charts are more TA educational instead of price predication, so hopefully I’ve succeeded in explaining to you what information each indicator is actually showing us. All in all, depending on what BTC does, VeChain is looking really good. I hope this is helpful with your trading and hodl-ing.
BINANCE:VETUSD
by TradingThroughTheLens
2
Short idea with VET-engulfing daily candle leads to the downsideYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
Short
by SvarogPerun
6
VET Break Out?Since the market started performing pretty well ALT's started doing their thing. One of the most popular of the bunch is VeChain. VET showed stability over the time since coming out in 2020 seems like it didn't really stopped. Became really popular between the pattern traders as a swing trade unit and it became really popular between Crypto Investors as well. One of the crowd favourites together with BTT and WIN during the Crypto Bullish "explosion" from the begining of 2021 definetly shows why is amongst the most traded ones. Volume is there and it can go for a new Season High in no time. Going early on on a dip as big as -81% VET really showed caracter and bounced back to -43% from its ATH, looks like its going to test major ressistance at the $0.15 mark and most probably will break out. Fasten your Belts and lets see how this goes.
Long
by krezovik
VECHAIN NEEDS FRESH BLOOD TO SCALE HIGHERVechain is riding an ascending channel. The ceiling of the channel has been respected a few times. Price action is now bound for a cluster of support. The level that is designated in green used to be a strong support area, which is regained now. A bounce off this area can validate an assail towards the resistance which is designated in red. The area designated in purple could act as a launchpad. We need to wait and see how price action develops there. In case of a bounce off the purple box, the trade offers a decent R/R with a profit to the tune of 25%.
Long
by Djawad_Afsharirad
2
Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28. Vechain has tested the 200SMA and broke above showing strong signs of bullish momentum. There is potential 220% Gain from Buy Zone @ 23.60% Fibs to the ATH @ $0.28. Vechain is 62% up from the Buy signal triggered by the swing call script. From here we may have a small cool off period as VET is currently fighting some resistance at the 38.20% Fibonacci level. So far VET has gained +115% over the past 30 days and +45% over the past 7 days, we can expect continued momentum as the alts continue to slowly wake up and rise. Please see previous analysis below. Happy Trading :) Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below Vechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :) Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below. Update 30/03/21 Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10. Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target. See previous analysis below. Happy Trading :) $VET #Hodl Update 23/03/21 Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :) Vechain Monthly Outlook Update 23/03/2021 Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h *Update Vechain Outlook 20/03/21* Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level. Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below. *Update Vechain Outlook 18/03/21* Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs). *13/03/21* Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702. Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March. The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet