VET DAILY TRADE #17 -> AccumulationYesterday I mentioned accumulation as a possible strategy. I think that applies again today.
The problem with entries here is the reality of getting it in my green buy zone is, its likely VET doesn't slowly get there, or even accurately hits that zone.
If VET gets to that buy zone it will be because BTC dumps, if BTC dumps, its coming down 51k to 53k before looking at bouncing. In which case that buy zone may be where VET eventually evens out to 4 to 8 hours after BTC finds its bottom.
There's so much risk here for short term trades, which is why taking a longer time frame accumulation strategy could be a healthier approach. BTC is still bullish, we are still in a bull market. Even if we hit 50k BTC, all it would be doing is trading in a zone.
How confident are you in .35 VET targets? Have you DYOR? If you're bullish imo you accumulate here.
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ENTRY
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BUY: accumulate .187
TARGET: .279
STOP: .153
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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**Don't accumulate here if you cant afford to
Vechain
VECHAIN UPDATEVET made a nice correction yesterday along with the rest of the market, we can see here on the daily timeframe we have fell to the lower support of this ascending trendline this is a nice low opportunity to buy. We are waiting for confirmations on lower timeframes before possibly taking this long position
VeChain : BUY THE DIPSGreeting from IRAN to whole trading community💙✔
Straight to the point , Vechain is moving through an ascending channel
Price is on the bottom of the channel and on a major support zone 0.2$
It's so safe to buy Vechain here on the junction of Dynamic and Static support zones
First target would be mid-line of the channel and the next target would be 0.25$ major resistance level
KEEP IT SIMPLE :)
Vechain (VET) bullish triangle on daily chart VET is some of my favorite coins. On daily chart we are starting to see a triangle taking shape. Excited to see how this plays out in the next weeks.
VET DAILY TRADE #16 -> RETEST ENTRY no2 - The RetesteningVET broke resistance again, another breakout essentially, now looking to retest resistance. BTC will determine whether this is is a fakeout or not. VET is still being influenced greatly by BTC price action, we aren't seeing a ton of trading pair separation.
I will say I think BTC is showing a short term trend reverse after failing 59k again, I think testing trend line I have at around 57.5k is more likely today, which may bring VET below this resistance again. The safe play today could be buying in the support cloud at .217
Another strategy here, which I'm taking, is just accumulation. Let your entry ride, buy more at the retest, buy more if we hit the support at .217.
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ENTRY
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BUY: .224 to .225
TARGET: .279
STOP: 4H close below .217 support
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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XLM Fractal in VET XLMBTC Fractal in VETBTC
I spotted an interesting Fractal in VET I remember from the last cycle 2017-2018 of XLM/BTC
Different cycle, different asset and says nothing about the USD values.
Fractals do not always play out at the same rate, scale or even at all.
Posting for future reference.
VET DAILY TRADE #15 -> BREAKOUT RETEST ENTRYVET has lost a bit of momentum and been testing the previous resistance now support. Hopefully it can hold, im getting a lot of bullish sentiment vibes with VET, a contained excitement. @cryptoJimmyTwoTimes is thinking .35c this month... lets see
Again, as I say so often each week, its really up to BTC, if we can break 58.5k I can see serious bullishness.
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ENTRY
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BUY: .224 to .226
TARGET: .279
STOP: .217
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VeChain - Potential Buy Signal on the Daily Chart MACD IncomingVeChain quick daily chart update:
VeChain is still within its upwards Pitchfork Pattern (Points A,B,C).
VeChain is back above its Lower Yellow Pitchfork Support Line.
It looks like VeChain may soon attempt another crossing back above its Pitchfork Media Line.
For this timeframe, there is no fear of VeChain crossing underneath its Pitchfork Hagopian Line anytime in the foreseeable future.
VeChain is back above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
The Bollinger Bands Lower Band has moved up indicating volatility has been borough into equilibrium & it is now moving sideways with the Upper and Middle Bands.
VeChain is safely above its 50EMA (Yellow Line).
VeChain is back above its Least Square Moving Average (LSMA) (White Line). It is a potential buy signal when the candle crosses & closes above the LSMA line & a potential sell signal when a candle crosses & closes underneath the LSMA line.
Volume has also increased.
The Chaikin Money Flow (CMF) is indicating the CMF (Green Line) has moved back in the Accumulation Zone & is now at 0.05.
The Moving Average Convergence Divergence (MACD) is indicating that we may see a buy signal triggered because the MACD Line (Blue Line) is curving upwards and looks like it may cross back above the Signal Line (Red Line), which is a potential buy signal for some traders.
I’ve done this analysis on a zoomed out chart to show just how far VeChain has come sine March 2020 & how much more potential its has, especially if that MACD buy signal kick in. The future really is looking very bright for the VeChain.
I hope this is helpful with your trading and hodl-ing 👍
VeChain (VET) has POTENTIALGood morning, Alkalites! It seems that the cryptocurrency market is recovering from last week and Altcoins are still following their rally!
Bitcoin dips shouldn't be a problem here following the DCA strategy, as Altcoin dominance is showing strong momentum against BTC.
Today we are adding to our portfolio VeChain (VET), with a Fully Diluted Market Cap of $18Billion, we believe it has a lot of grow potential in the long term. We may not see any discounts like these again in the near future. Our RSI Histo is showing high relative volume!
VET idea is to increase the efficiency, traceability and transparency of supply chains, while reducing costs and putting more control in the hands of individual users. (source: coinmarketcap)
Please invest a small amount from your portfolio, following the DCA strategy to avoid suffering from large price fluctuations. CryptoAlkaline is oriented on a long-term vision of this cryptocurrency. Before making any decision, ask yourself, if this asset fell 50%, would you take it as a loss or as a discount?
Do your own research, VET.
Check our FREE Telegram Channel for daily analysis like these!
VeChain (VET) READY TO PUMPHow is it going, Alkalites? Bitcoin pumped over 6% today! Whales are pushing the fear and greed index again! Let’s see if this movement reaches new ATHs.
VeChain is still lagging, as we believe in its long-term potential we are still giving buy set-ups. Prepare your alerts & buys at $0.215 if you have been following the DCA method.
QUICK REMINDER: We do not believe in technical analysis, but congested EMAs and pennants breakouts can show clear volume spikes in both directions.
Stay tuned on our updates in Telegram, we have a lot of Altcoins in our watchlist ready to pump!
See you later, Alkalites!
VET DAILY TRADE #14 -> How high can VET go?VET has broken a major trend line, broken 1 resistance and looking bullish. Its starting to approach the .25 mark and appears to be following many other dino coins in this bowl shaped pattern on the weekly, coming full circle back to the previous bullruns gains.
Todays VET daily I decided to chart up my ideas on vechain price targets for this year. These targets come from a mix of fibs and various VET charters (like cryptojtt) predictions.
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VET Daily Trade
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BUY = trend line retest
TARGET = .25
STOP = 4H close below trend line
** coin telegraph published an article highlighting institutional bears wanting to keep BTC below 60k this Friday due to $1.1B options expiry. So expect price to be suppressed today (for me, in my timezone) We will see if the expiry lifts the lid a little on this price range... aka WE GOING TO THE FRUITING MOON??!!