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VET

VET Sign of Strength RallyThe VET price had been observed in a horizontal re-accumulation trading range from Jan 22, 2022 to Mar 27, 2022. The VET price exited this re-accumulation trading range with the SOS rally. I will make a long entry at the BU/LPS event (around $0.07) and take profit around the next resistance cluster around $0.10. The upper and lower boundaries of the re-accumulation trading range are given by the horizontal black lines. Blue arrows mark volume spikes. Wyckoff abbreviations: automatic rally (AR), change of character (CHoCH), sign of weakness (SOW), failed upthrust (FUT), selling climax (SC), sign of strength (SOS), back up (BU), last point of supply (LPS). This is not financial advice. I am not your financial advisor. This is my opinion.
Long
by Eightchains
5
VET/USDTesting/tracking eilliot wave theory. Please do not trade off idea without S/L, not financial advice. Link to previous chart: Chart is similar to Vtho. Potential drop: 72% Potential gain: 495% RR: 6.79 Wave 5 target: 0.4442 To me the bottom looks like it's in, however this is crypto and anything goes. Chart is still valid if we get a drop as long as we remain above the 72% drop. We're looking for the wave (4) bottom; either it's in or we can go lower. IMO the bottom for wave 4 is in. I thought it was in long ago if you look at the previous chart. Normally wave 4 retracements are quick and aren't as long and extended as this one is.
BINANCE:VETUSD
by AyoKu
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06848). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 85. Take Profits: TP1= @ 0.08002 TP2= @ 0.08815 TP3= @ 0.09610 TP4= @ 0.10308 TP5= @ 0.10834 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 / Crypto 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 ❤️
Long
by ForecastCity_World
2
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06848). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 85. Take Profits: TP1= @ 0.08002 TP2= @ 0.08815 TP3= @ 0.09610 TP4= @ 0.10308 TP5= @ 0.10834 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 / Crypto 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 ❤️
Long
by ForecastCity
VET/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me. VET is looking really good in the mid/long term. However in the short term I am kinda bearish because we have a bearish divergence in the 4H chart. BTC is also showing signs of weakness so that is a factor that can make altcoins bleed. I still believe that after we hit the support level we we will bounce. Comment what you think. I haven't been posting lately because I am busy with IRL stuff, so I apologise for that. I don't know if I can stream tomorrow or on the next week so I am also sorry for that. I will try to be more consistent in posts next week.
Long
by Devan-CryptoCharts
4
VETUSDT (BULLISH)Timeframe : DAILY TP @0.108-0.11 Confirmations 1. Fib -0.618 2. Previous Support (Will act as resistance for this uptrend move) 3. Broadening Rising Wedge Pattern Target 4. Trendline retest (this will be the fourth time and a possible breakout which will lead to a good entry) Uptrend Confirmations : 1. RSI Oversold (which means the market can go more oversold) 2. RSI Bullish Divergence 3. Upcoming 20/50smma crossover 200 on Daily, But on 4hour timeframe the SMMAs already bullish crossover. 4. A a bounce from Major Support, be aware that this could be tested again too so have your strategy working to to know the best possible entry you can get. 5. Possible test of trendlines which will result a possible breakout too. Entries and Stoploss (I'll let you plan this one. but if you're on spot trading, just DCA until major support)
Long
by aaronsvd
Update 29/3/22: Thorchain (RUNE) 420% gain back to the ATH Since the 13 Ema crossed up above the 21 sma signalling a strong buy signal on the Daily, Thorchain (RUNE) has gained 250%+ from the Buy Zone @ $3.44 to the current price @ $12.29. Thorchain (RUNE) is now only 71% gain from the ATH @ $21.09. Our current Thorchain (RUNE) price targets from the current price: 127.20% fibs @ $26.01 (111% Gain) 161.80% fibs @ $32.27 (163% Gain) 261.80% fibs @ $50.38(308% Gain) 423.60% fibs @ $79.61 (545% Gain) LFG!!!🚀
Long
by CryptocurrencyMagnet
VET/USDT (VeChain) Mid to Daily tf Range Updated till 28-3-22VET/USDT (VeChain) Midtier to Daily timeframe range. Another fundamentally healthy alt, it got a nice community and it got development till now. In Technical sides if we look at the chart we can see not much of space like other alts within its range, its not a bad thing cause it had retail interest and that comes with intraday setups and scalp setups, the more the space the higher the risk which is less within its range till now, which is cool for day traders if one can utilize its zones. the volume on mid range was decent if it stays like that it could provide those safe setups again.
by cryptoforever1
VET (VeChain) Coin Analysis 28/03/2022Fundamental Analysis: VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. VeChain had begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET. VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium. VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This has the additional benefit of ensuring costs of using the network can be kept stable by tweaking certain variables such as the amount of VTHO required to service a transaction, or by increasing the VTHO generation rate. Such actions first require all-stakeholder community votes. VeChain has been able to demonstrate massively boosted efficiency, traceability and transparency across data trails, supply chains and within novel kinds of ecosystems, such as those in San Marino targeting UN SDGs, among others. VeChain exists to disrupt traditional business models, and is best known for its work in supply chain, an industry that has changed little over the decades. Its work in providing a decentralized trust layer for multi-party ecosystems has already seen major successes with high profile clientele and government bodies. Using transparent technology with no single point of weakness or control allows for greater security, efficiency and ease of tracking for all kinds of data, while reducing costs through trustless automation via smart contracts. Carbon, supply chain, international logistics, incentivized ecosystems, automobile passports and more all greatly benefit from the digitization of trust and collaboration it enables. VeChain’s platform accordingly has very wide appeal to many different clients of clients and industries. VeChain’s official literature notes that its unique proposition lies in its dual-token setup alongside transformative protocols such as 'fee delegation' and it's one-stop 'ToolChain' platform that means crypto-wary companies can pay in fiat for VeChain's Blockchain-as-a-service, while smart contracts handle gas payment costs, ensuring frictionless use of the network, even in strict jurisdictions. VeChain (VET) is a Proof of Authority (PoA) token, requiring relatively low computing power to achieve network security versus a protocol such as Bitcoin. A recent CTI report showed that VeChain's annual carbon footprint is incredibly small at just 2.4% of the emissions of mining a single Bitcoin, thus making PoA an incredibly efficient consensus mechanism for securing the network. Proof-of-authority, is a process wherein authority master node operators are selected by an independent Steering Committee, thus giving them 'authority' to run a maste rnode. This model is particularly attractive for enterprises who want assurances about the integrity and quality of validators running the network, and assurances bad actors can be ejected if needed. VeChain is the product of creator and co-founder Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China. Lu has since become a well-known name within the cryptocurrency industry. He has drawn attention to the ability of blockchain technology to solve transparency in particular, arguing that it can create “trust-free” enterprise/business structures that do not suffer from information corruption thanks to close working collaborations with key auditing/certification consultants such as PriceWaterhouseCoopers and DNV who verify data quality and certify industrial processes. Fellow co-founder Jay Zhang, who directs VeChain's global corporate structure, governance, and financial management, previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere. Having originally begun life in 2015, VeChain is one of the oldest dedicated smart contract platforms on the market, with reflected prestige among enterprise clients. VeChain has two in-house tokens: VeChain (VET) and VeThor (VTHO). Described as a unique offering for such a platform, the dual-token system is designed to avoid fee fluctuations and network congestion. VET is the token used for transactions and other activities, while VTHO provides fee payments and thus functions as a “gas token,” similar to how gas functions for Ethereum (ETH) transactions. VET holders automatically generate a small amount of passive income in VTHO, while 70% of the VTHO used in a VET payment is destroyed. VTHO is generated based on VET holdings, while VET itself has a maximum fixed supply of 86,712,634,466 tokens. At the time of writing (28/03/2022) - there are 45.63 Billion tokens in circulation according to VeChainStats. The current CoinMarketCap ranking is #35, with a live market cap of $4,748,746,013 USD. It has a circulating supply of 64,315,576,989 VET coins and a max. supply of 86,712,634,466 VET coins. Technical Analysis: The Asset has been Fallen to its 85% Low of the All Time High and this is the very good sign of becoming undervalued and initiation of the Smart Money Flow which took Place. After the Reaccumulating phase got over the Asset has been Pumped to its 78.6% of the Fibonacci Retracement Level and currently is waiting for the Repumps. There exist a Bullish divergence of Price value and MACD, which can be interpreted as the bearish Trend reversal and Start of the New Bullish Trend which eventually Initiate the New Bullish cycle. We have defined the total of 4 Probable Price Targets with Fibonacci Trend Based Extension levels, where as the 3 TP gets its Confirmation as the 2 TP gets Triggered followed by the Price Value Correction and some Retracements. All of the Defined Targets are having Many Confluences with different Fibonacci levels so they can act as the very Important Pivot Points. Earlier Analysis: VET Coin, Done on: 09/03/2021
Long
by BitonGroup
2
VET/USDT Cup & Handle Pattern Update#VET/USDT TA Update:- $VET currently trading at $0.65 And 24% up within 3 days. As per chart:- - Breakout Cup & Handle Pattern - Support is $0.44 which is Important for the Bullish trend. - Expecting $0.123 In mid-term. -Full Bullish Phase above $0.123 - If break Big Resistance line then expecting $1 also in Long term. - Now keep an eye on $0.044 support level because Bull depends above this Level. Never do Gambling always trade with Charts. Support:- $0.044 Resistance:- $0.070/$0.123/ATH
Long
by CryptoPatel
1