uni / busd 1d binance short term bearish, BINANCE:UNIBUSD
rising channel on the 4 hr time frame, short term down side 68% chance of further slippage, tight stop losses always as uni can move fast in either direction, usually a precursor to bitcoin, Long term bullish when it breaks out this long term falling wedge for some big gains. could be couple weeks away judging by the charts.
VET
VET/BTC Expanding Triangle Clamping the price before the impulseLocal trend. Time frame 1 day. Expanding triangle.
Coinmarketcap: VeChain
Price squeeze during “market doubt”.
A zone of price squeezing in a narrow range at the moment of uncertainty (doubt) of the market in general.
Clamped by large orders in the required buy/sell range on liquid exchanges. The range is spammed with orders, basically a bot is triggered to make the trades visible and to “protect” the large orders (so as not to “grizzly”, but if they gnaw—"go down steam"). Small exchanges themselves will “pull up” in price over time.
It works the same way (first of all) in pairs also to dollar, but the step is bigger (it is more difficult to hold a range). In pairs to bitcoin, it's easier to do due to smaller % of step (crypto price). The lower the price in satoshi, the more effective step clamping (range holding) is done.
Unfortunately, here on the site it is impossible to show the order stack, it would be more obvious, the chart is a consequence, not the root cause.
The meaning of the action—before a strong impulse up/down price movement, does not matter. You, unlike hamsters (those who are constantly losing money) cannot know exactly in which direction the market will locally go. The impulse (exit) is made under the general market trend (direction of movement). There are exceptions, but it is more about low liquid altcoins during the so-called “market window” (it is now). It helps a lot to move the price impulsively at such moments (decoupling):
1) stops (“market fuel”)
2) scalpers of course
3) oppositely tuned (in most cases, but not always) crowd (the main market participants) at the moment, that is the cloned behavior of people.
This is what the expanding triangle area looks like on a line chart.
This is what this "price squeeze" looks like locally.
On a linear to understand the without the "market noise".
The graph is a consequence of the sense of action in the glass.
VET/USDT 15 min chart Possible Bull FlagIn this idea I got a possible bull flag on VET that would be the catalyst to rise up to the max resistance within this last consolidation region before we see our last fall. Targets on chart in red. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains. Much love to my supporters - ND
VeChain VET Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
VET/USDT short
Entry Range: $0.022 - 0.024
Take Profit 1: $0.020
Take Profit 2: $0.018
Take Profit 3: $0.015
Stop Loss: $0.025
$VET Fib Extension targets for next bull runIF $VET has bottomed out in this bear market (at around 2c in mid-June 2022) then Fib Extension targets for the next bull run are as follows:
1,272 = $0.57
1.414 = $0.82
1.618 = $1.40
VETusdt 1HVET has been following BTC moves and broader macro market suggestions. The negative price movement seen on its 1D chart exactly followed the BTC Chart. Sellers were taking advantage of the market condition.
After the double bottom at $0.02291 VET formed a beautiful bull channel, where it has already passed through the pressure of the Ichimoku cloud and a little more buying pressure can take VET to its closest resistance now that it is the edge top of the Keltner Channel at $0.02379 and after that the MM200 at $0.02475. An important indicator like RSI STOCH favored the bears on the 1-hour chart, VET could reach its support of $0.02355. Because of this overbought we can reach our target in the next 15 hours.
VET, need no introduction is the blockchain platform that offers Blockchain-as-a-Service to businesses for products and information. By leveraging blockchain technology, VeChain strives to build a distributed, trust-free business ecosystem that is self-circulating and scalable.
VET is pumping profits LONGVET like OXY is showing a great chart with consistent price action.
Fundamentally, it has had great earnings reports in the past year.
It rates an 8/8 on the Minervini Trend scale showing strength and duration of trend
as very high. Vermillon Energy has been strong in the general market downturn.
I see this as a Swing long setup with a good expectant reward for the risk assumed.
I am considering the call strike $30 option for September 16th.
$vet #vechain/usdt 1hr Vechain is essentially following $btc #bitcoins lead, which is short term bearish. I am neutral for now on $vet but long term very bullish, at the minute vet is going sideways but my target for end of year is $1 vechain vet. As the fundamentals are excellent, for example
#Vechain's partnership with PWC has been highlighted in the paper 'Importance Of Blockchain Within The Big 4 CPA Firms: Cryptocurrency’s Existence,
and #Vechain has also become the official Layer 1 #blockchain partner of the ufc in a historic global marketing partnership With 900 million+ households across 175 countries, $VET will receive unprecedented brand/asset integration. fundamentally vechain is a excellent choice to buy and hodl, but to trade in the short term is of course reliant on bitcoins movements, as with most of the market. i would spot buy for now and hold, and not buy on margin until we get some clarification what the market (btc intends to do). I provided some Ta on the 1 hour for those that do want to scalp trade, rsi's aren't to high but currently going sideways for today. thanks like and follow for more updates. Technically Bullish.
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.
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