VET.USDT (P21.P2.E5).Confirmed ParabolicHi Traders,
This is a continuation post from the previous successful call, link below.
I made this call some time back that VET looks like the makings of going parabolic and today I have confirmed it.
The definition of Parabolic is simplistic based on the structure, 4 bases, curvature support trend line, price breaks top straight trendline and over extension to who know's where.
Hence the chart below.
I have a region or area where we will find the top, as to finding it exact will be excellent but very difficult to do.
So keep going long with VET until it reaches one of these levels.
All the best,
S.SAri
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Vechain
VET breaking key resistance and its previous ATH // PUMPING NOW!VET isnt done yet, set a W formation and will pump 25% as it has no resistance left until the next FIB level. Will do 15/20% against BTC aswell. This will happen from now going into next week. This is a quick update, I have more stuff to do in this crazy market; ride the wave peeps!
VET/BTC: coffee time! (80% against BTC!) Had another look at the VET/BTC pair and we have a cup and handle breakout with a 80% target. VET is an insane rocket ship and didnt even reach its opening BTC price. I project this target to be reached in the next weeks as VET has a lot of gas left and is one of the most bullish alts; it has hype and fundamentals. Perfect.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
VeChain $VETUSD Long Term Target PTs .35-1 and higherEnterprise-level partnerships send VeChain (VET) price to new highs
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high.
Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads.
Since February enterprise-level adoption and a wide array of use cases have worked in favor of VeChain (VET), a blockchain-powered supply chain platform that seeks to use distributed governance and Internet of Things (IoT) technology to optimize supply chain management systems.
Data from Cointelegraph Markets and TradingView shows that the price of VET has increased more than 400% over the past two months, climbing from a low of $0.0263 on Feb. 8 to a new record high at $0.1344 on April 9
Major collaborations ignite VeChain price
A scroll through the project’s Twitter feed shows that VET's price growth in 2021 has largely been stimulated by the adoption of its supply chain tracking technology. On April 8 the team announced a collaboration with the software company Salesforce.
VeChain’s technology has also been utilized on several projects that are managed by its partner DNV. DNV uses VeChain's blockchain solution to manage the data from projects with the Danish company ReSea and the Norwegian industrial company Hydro.
The increase in VET price and adoption since the beginning of February has also led to a 1,000% increase in the price of VeThor Token (VTHO), which is used to pay for transactions and smart contract interactions on the network.
An early March NFT-related collaboration with VIMworld also helped bring extra attention to VET and VTHO and was followed by a steady increase in price.
The positive benefits of these partnerships were reflected in data from Cointelegraph Markets Pro, which shows that the market conditions for VET have been favorable for some time.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
As seen in the chart above, the VORTECS™ Score for VET turned bullish and reached a high of 73 on April 3, about two days before a smaller price spike on April 5. Following this move, the VORTECS™ Score increased to a high of 87 and remained in the green zone over the next three days as VET price gaine 35%.
Now that institutional investors now taking a serious interest in the crypto sector and the ways that blockchain technology can be integrated into various sectors, VeChain’s real-world use cases and growing list of enterprise-level partners indicate that there is potential for further upside.
VET updateUp 135% from our original entry. Reached all target in 31 days and is still looking feisty as ever.
First resistance zone is here at 263 sats. And the ATH level to break is at 340 sats. Let's first wait and see what Bitcoin does this week before we re-enter. Although a drawback doesn't seem very likely as volume stays relatively high.
VeChain - Yep 👍Remember my previous post that said “VeChain should be in your Longterm Portfolio”. Yeh! I wasn’t joking.
Unlike certain other crypto rises that shall remain nameless, VeChain’s rise really looks sustainable and has purpose. Yes there will be dips n retracements as that is the nature of trading but VeChain really does seem to be a different beast altogether.
VeChain already has a partner & client base that every other Crypto Company is hoping and striving to get. PwC recently bought shares in VeChain and there is also the potential of PwC pimping VeChain out to ALL OF THEIR CLIENTS because they now have a stake in it. If you don’t know who PwC are, just google them and see how many companies they look after and audit as well as their massive interest in blockchain. It’s HUGE.
VeChain really is a sleeping giant that i honestly believe will start destroying the competition as this year plays out. VET is certainly going to be in the top 10 this year.
Just grab it while its still cheap. 🔥🚀🌍🌔🪐👽🛸
4HR VET, LONG YOUR LONGSpump repeating, check bottom indicators
Tight short trigger waves, lower lows. See dotted white lineS
💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.127).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.140
TP2= @ 0.147
TP3= @ 0.157
TP4= @ 0.165
TP5= @ 0.180
SL= Break below S2
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💡Don't miss the great buy opportunity in VETUSD@vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.127).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.140
TP2= @ 0.147
TP3= @ 0.157
TP4= @ 0.165
TP5= @ 0.180
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Interesting Reentry Into Older Trend Lines for VeChain ($VET)This is really interesting. There was a clear trend channel for about a month between Feb 28 and March 28th. Then it fell below the bottom support trend line for a bit and then not only reentered the channel but reacted on both the old support and the old resistance.
I'm mostly just sharing this because I find it fascinating.
Clearly still in a bullish trend with lots of upside still to come as there is lots of utility for this project.
VET/BTC to rally another +15% from hereVeChain, a blockchain supply chain platform, has had a great start to the year in USD terms. In BTC terms, VET also broke last summer’s high and approached the 2018 all-time high.
It seems that test projects with SalesForce and several enterprises have added fuel to the rally that previously took off after collaborations with NFT-related projects.
Given high interest in VET, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency VeChain (VET/BTC) settled at 0.00000222 BTC at 10:00 AM UTC at the Binance exchange on Monday, April 12. Will VET/BTC trade above 0.00000255 BTC (+15%) earlier than trading below 0.00000189 BTC (-15%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 88%
It looks like the rally is set to continue before any significant correction. The low BTC volatility seems supportive of that.
VET BET Daily. Still have targets on the upside. No signs of slowing yet, this is a great hedge against traditional currency alt-coins, as the company focus is industrial supply chain development.
VETUSD green line = support
red line = resistance
white lines = Fibo retracement
Currently we are still in an uptrend (hourly chart) with neutral RSI
0.1327 must be held