What I'm watching over the next few days (Vechain / USD)If it stays within the section, I see this as a major buy opportunity once it breaks above.
Vechain
Vechain (VET) Symmetrical Triangle Forming to $30 cents.Since my last call on April 4th VeChain (VET) has been up over 150% in the past two weeks. I knew VeChain (VET) wouldn't be trading at $0.10 cents for too long considering what VeChain is, the current market sentiment, and the global supply chain & logistics problems they're revolutionizing. If we breakout of our symmetrical triangle to the upside I believe we will retest $0.28 cents. If not I expect us to hold steady above trading at $0.20 cents. For the past 2 weeks we've also been producing higher lows.
To put things in a quick perspective according to research and consulting firm Armstrong & Associates Inc. The global logistics market was $9.6 trillion in 2018 and is expected to surpass $12 trillion by 2023. If VeChain we're to even capture 1% of a $12 trillion global logistics market that would put Vechain at a $120 billion from it's current $15 billion market cap. That's not even counting the monumental capital coming into the cryptocurrency markets. VeChain is the first mover in when it comes to supplychain blockchain technology. So when big corporations are looking to utilize cryptocurrency technology to replace antiquated logistics systems VeChain will most likely be at the discussion table. Bitcoin and Ethereum aren't specifically solving logistics and supply chain problems when it comes to enterprise.
It seems like VeChain is making strides to capturing a significant portion of the global supply chain & logistics industry everyday. The Internet of Things (IOT) is upon us. I've been saying that VeChain to a $1 is a very real possibility this cycle. Much peace, love, health, and wealth!
SHA starting EW 3$SHA
Had to go back and look at some old charts...
I'm excited for the coming weeks 🚀😍
-Micro EW (Green)✅
-Retrace to 0.618 (Macro EW 1) ✅
-EW Correction (Macro EW 2) ✅
-We are on our 3rd wave now, generally the biggest wave...
Thoughts? 😉
$VET $BNB #BSC $ETH $BTC
VETUSDT Triangle formationVETUSDT (1H Chart) Technical Analysis Update
Waiting for the Triangle Breakout
VET/USDT currently trading at $0.2543
Buy-level: 0.2650 (only buy if 1h candle closes above the resistance line)
Stop loss: $0.230
Target 1: $0.2780
Target 2: $0.300
Target 3: $0.350
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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CRYPTOS ANALYSIS- What's next?Very interesting video after a very interesting day.
I had previously posted for longs on Binance coin (up +10%), SIA coin (up 7%), Bitcoin short and then Long and Ada also long.
Every post came with many questions and concerns/comments so please do 2 things:
- look below at previous ideas/charts
- watch this video for what's next
As you will see, Bitcoin will find resistance at 58k.. That will be CRUCIAL for what happens next.
Keep in touch- show you love
the FXPROFESSOR
VeChain - Buy the Dip?We're looking around the 0.22 before another push to the upside. This area may come off a key level and psychological level in price, coinciding with a trendline bounce that has been respected for some time now.
Lots of positive fundamentals around VeChain - lets see what happens!
Interested in diversifying your forex investments with crypto? Drop me a message.
Issue#1 - My VETBTC trade for 4.20.21 TuesdayThinking of doing this as a daily practice, seeing how well I can pick it day to day haha
This morning I saw two ascending trend lines for potential bounce, the grey dotted line doesn't look like it got much respec, my second line also doesn't seem to be respected, on lower time frames it looks a little different
here is on the one hour, some wicks around it
and on the 15minute more significant.
Overall significance here is pretty poor though, I would never normally trade on these, but today... haha, I feel like trying to trade on VET each day so I'm a start here.
The MAIN reason behind me entering here is essentially trying to pick the bottom for BTC and relating that to is this the bounce for VET that creates some kind of triangle? (I posted an idea just before this comparing side by side XEM to BTC trying to predict the bottom, link below!)
Tomorrow I will risk less money on these VERY high-risk trades, today I went overboard, whoops!
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Todays VET Trade
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BUY: 390
TARGET: 450
STOP: 370
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Fundamentals
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Rank #13
Market Cap = $14,333,165,000
Blockchain-powered supply chain platform
Top tier project
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Happy 420!
VeChain - The Awakening of a GiantVeChain Update:
VeChain has performed absolutely brilliantly, especially during the crypto liquidation the other day.
At the moment of typing this, VET is fighting to stay above its Pitchfork Median Line. Ideally we want this daily candle to close above this level.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is sideways.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways.
Notice how the Ichimoku Cloud Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) levels are also moving sideways indictating sideways momentum.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is downwards, but be aware that it is a fast reaction indicator.
VET is still well above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
Notice how the Bollinger Bands Lower Band is starting to curve upwards indicating volatility is slowing.
VET is well above its 50EMA so there is no fear of dropping below that level anytime soon.
If we look at the Chaikin Money Flow (CMF) we can see that the CMF (Green Line) is well within the Accumulation Zone at 0.15 and that strong accumulation has been happening over the last couple of days.
The ADX DI SMA is indicating VET is still in an uptrend for this timeframe with the ADX (Yellow Line) at 78.8 still above its 10 Period SMA (White Line) which is at 74.6. The +DI (Green Line) has dipped to 29.8 but it its still well above its -DI (Red Line) which is at 8.8.
This is all telling me that VeChain is still very, very strong. If VET closes this daily candle below the Pitchfork Median Line, then we may see some continued sideways momentum for a few days bringing up the Bollinger Bands Lower Band ready for another massive move upwards. Saying that however, if VET closes this daily candle above the Pitchfork Median Line, then VET may shoot up again much sooner.
VeChain is a crypto sleeping giant that as of recently, seems to been getting noticed much more and is gaining a lot more mainstream attention. All i can say is, VET should 100% be in your longterm portfolio, so grab a bag before VET gets to $1 and beyond 🚀. Also ask yourself…… are you seriously gonna miss this potential opportunity?
I hope this is helpful with your Trading or Hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
VET BETWEEKLY; left. ONE HOUR; right. VeChain just won't stop. We've built good support above the 4.236 fib at $0.1956, currently trying to complete a bullish inverse head and shoulders to $0.30. Invalidated below the dashed support line at $0.021, buy the dip.
VETBTC ... what if i said to you... 650! :O650 SATS!
Hear me out!!
This most likely wont happen in the short term, im expecting BTC to come down and test 50k again. But the reality of a current break above 450 is at worst to test 550 to 600. VET has been one of the 3 most bullish coins during BTC's recent dump. Its price action has been like playoff Patrick Mahomes from last year. Its price action is picture-perfect, pumps, retraces healthy, pumps and so on. Its a supermodel graph.
Ascending triangles are forming across the market right now, various coins are pumping up as they correct back from the selloff.
I see 2 opportunities:
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Opportunity #1
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BUY: 450
TARGET: 500 / 550 / 600 / 650
STOP: 425
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The second opportunity... IM GIDDY! I fruiting love this entry. This entry takes into account BTC potential incoming dip, it takes into account VETs resilience to handle dips far better than all other coins, it plays on good fibs and a potential place for it to bounce nicely. It FEELS great!
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Opportunity #2
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BUY: 380 to 400
TARGET: 450 / 500 / 550 / 600 / 650
STOP: 360
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Theres a lot of intricacy to opportunity #2. If you look at my ascending trend lines, theres 2 places it could bounce off and possibly and even more likely chance that it just opts for channel pattern and tests 360 before bouncing. I will be following its price action downwards if the market tanks again, i would highly recommend buying in the 360 range if we dont bounce off any ascending trend lines.
Good luck guys. Remember, DONT YOU DARE TRADE RIGHT NOW WITHOUT A FRUITING STOP LIMIT!!! This is trading, not hecking gambling. Dont base your decision off only my idea... dont you dare do it! And if you could give my socials a follow id also be super appreciative!(Happy to follow back ;P)
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Fundamentals
--==--==--==--
Rank #13
Market Cap = $14,333,165,000
Blockchain-powered supply chain platform
Top tier project
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$VET Not Phased by the "BIG" DipHave you seen how Vechan $VET handled the recent Crypto Market Shakeout?!!!
Instantly bounced back and already launching on towards a new ATH Price Target...
Look how much faith the Holders of $VET have, it's Almost like a Chinese "Doge", But then also the opposite As
A Token with REAL World Use Application, and a Teams hard work to back the project...
VECHAIN - VET impressive recovery, LONG.Great recovery by VET. The support around 17c is VERY strong.
Vechain has absolutely fantastic partnerships with major companies. The quick buyback tells me that the market believes in this coin. Pay attention to the volume. Google trends supporting the popularity of this coin and starting to be shilled by those in the space.
I wouldn't be surprised if this will become a top 5 crypto in the next few years, the use case is very strong. 30c by the end of the month?