Commodities are back, $UNG near breakoutThe natural gas ETF is forming a cup & handle with pivot buy at $31.60. This behavior signals a comeback for stocks in the gas industry.
Some of them are NASDAQ:NFE , which I was stopped out in June. NYSE:VET and AMEX:LNG . These 4 are in the top of my watchlist.
All are in confirmed uptrends and leading the sector. Several oil stocks also look good but I think that they are just following the gas stocks. I say this as the oil ETF AMEX:USO isn't as near of a new high as AMEX:UNG .
Look for stocks with gas exposure.
VET
Awesome Coin|I like the VeChainThis coin of course will pump with all market
So we have to wait the start of the pump and start to buy.
Now is the awesome moment and very good buy zone to make Long
I like this coin it is good for real!
VETUSDT
Add this coin to your watching list and follow the updates
Best wishes
UPDATE: VET UP 29% after bullish signal - Ready for 148% 🚀🚀🚀VET pumped 29% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). VET is forming Leg A with a possible bull run to around to 0.063 USD (0.618) or 0.054 USD (0.5). Which is about 148% (orange price range) possible gain.
VET is breaking out of the Ichimoku Cloud , which is considered bullish. The RSI is starting to warm up for a bullrun at 73. RSI Brown at 96. If we take a look at the Average Directional Index ( ADX DI) its in the bullish zone, now starting to move sideways. Currently VET is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well.
I see more bullish than bearish elements. Since VET price and the RSI are still forming a higher low. Which is a bullish sign as well. Let the GAINS begin !!
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
VET/USDTHello Traders,
Hope you are doing well,
today we will discuss Vechain's most favorite stock everyone.
VET Is on its last upside move & going to be an end & at the end of the yellow diagonal triangle price will drop heavily.
bearish Candle closed of the previous day & today also will bearish.
this price area is most confluance.
1 Bearish CHannel+Ending diagonal+ low volume+Wave C Completed+ Wave4 Completed.
Have a nice quality trading with me & print more money & stay tuned.
VeChain (VET) - August 4hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(VETUSDT 1D Chart)
Resistance: 0.04214-0.05546
1st support: 0.02299-0.02452
Secondary support: 0.01840
The 0.04216-0.05546 interval is the interval that determines the trend.
Therefore, the important key is whether it can be supported by rising to the 0.04216-0.05546 section.
To do this, we need to check if it can be supported by rising to the 0.02949-0.03286 section.
If it falls from 0.02299 and is resisted, it may lead to further declines, so a Stop Loss is needed to secure cash.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
VeChain Trade Signal (130% Potential Profits)ENTRY: $0.02300 - $0.02620
TP1: $0.03160
TP2: $0.03800
TP3: $0.04410
TP4: $0.04980
TP5: $0.05900
STOP: Close daily below $0.02200
---
Very low risk with nice potential for rewards.
This is not financial advice.
Do your own research before trading.
I am wishing you lots of growth, health, wealth and success.
Now & always.
Namaste.
CPG Quality mid-cap energy, 15-20% near-term 1W upsideCrescent Point Energy
Fundamental Analysis
Price to earnings ratio is around 1.4X (substantially lower than the sector and equities broadly)
Q1 Revenues were $950
Q1 Margin was 95% income to revenue
Following a 25% decline in recent price from $10.25 per share to below $7, $CPG appears to technically bullish on a long-term (6-9 months). Energy equities has a recent pull-back following the June inflation reports, however, upward momentum has just built up with the latest price now trading higher than the price 10 bars ago. The Commodity Channel Index on longer trading scales (4H) shows that $CPG has been oversold.
There is significant support channels at $6.90 (-5%) and resistance above at $7.95 (+9.42%). Above this, the next channels are $8.72 (+18.8), and $9.18 (25.1%)
Risks:
Exposed to global crude oil supply levels. Crescent Point Energy primarily is involved in the extraction of crude oil from Western Canada. Demand remains roughly around pre-COVID 2019 levels and therefore $WTI pricing is driven predominantly by supply. Currently, the price closed to below the 3-month mean, while the fundamentals of global crude supply have not changed significantly.
There are reports that the conflict in Europe may advance to various possible scenarios, which may (a) see the Russian Federation limiting and stopping export of oil to its current trading partners in Europe, bringing $WTI to above $300 USD based on current supply and demand figures, and (b) the G7 and EU may cap the price they may pay for Russian oil.
Competitors and related stocks in sector:
$VET Vermillion Energy
$OBE Obsedian Energy
$WCP Whitecap Resources
VET VECHAIN USD : MACRO BULL FLAG BREAKOUT! $13 TARGETVET is looking bullish. VET hasn't had very much attention in the last few years but I believe its time is coming. There is a major macro bull flag forming and could possibly be completed. A measured move from this bull flag will shoot VET into the $13 to $15 range in a short period of time. Im not sure what kind of news or developments will come out of this project but something is coming. VET is also a great and secure proof of stake coin, and now with the USA government signing executive orders talking about regulating the energy consumption of proof of work coins because of their impact on the environment it means that proof of stake coins will probably explode. Maybe ETH heard something through the grapevine about this and hence why it switched to proof of stake? Either way the chart formation is valid and whatever news comes out it will be huge to fuel this type of run. This is not financial advice this is just my opinion. Thank you
VETUSDTVet/usdt looks promising here. after being mega oversold i'd expect us to have some nice relief rally.
to retest at least the breakdown area.
invalidation point 0.02650 cents.
Resistance levels/ TP:
0.0425
0.0546
once these levels are claimed we can look for a higher target. Until then play these levels ( chart below)
#Sell at resistance
#Buy at support
#VETBTC
Vetbtc sitting at historical support bounce from here make sense.
Again same play for vetbtc play buy @ support and @ resistance
If support break don't be afraid to exit you can always buy it cheaper.
Altcoins are extremely dangerous #Do your own research.
VET/USDT BINANCEVET/USDT BINANCE
1D hollows
Fibonacci shows a nice entry at 0.00820 USDT
Price movement inside descending triangle, then a break-out will follow
VeChain (VET) = $0.02097 -10.28%
BTC = 0.000001147 +1.67%
ETH 0.00002221 -3.41%
Market Cap: $822,844,612,842.276
24h Vol: $64,376,721,738.73
Dominance: BTC: 43.0%
ETH: 14.2%
Good Luck
#CryptoHellas Team
VET ELLIOT WAVES 0.6$ ??veChain
vet strt a 5 impulsive waves the first wave git (0.023 $ )
and here we have wave 2 correction us u can see in the chart ABC nnice zig zag correction
bottum wave 2 at ( 0.1 )
and we start a wave 3 big wave
indide wave 3 there is a 5 umpulsive wae we finished it and now we have a wxy correction so i expect it to have some down side
and finish wave 4 correction and start wave 5 impulsive and the target for this around ( 0.5 - 0.7 )
and us we see the rsi is bullish so we will see soe up move soon
we need to tap above wave 1 top and keep move to see wave 5
--------------------------------------------------------------------------------------------------------------------------------------
there is a wxy correction on the stock maket on wave 4 expect more up
there is a ABC correction expanded flat on btc inside wave 4 expect mroe up check btc chart
and us dollar need to hace some correction in the next weeks
so we could see crypto go up