VET price may move higher in 2022, but for how long?The Vechain coin price appears to be in the bullish territory after interrupting the descending trendline.
The VET coin is overdriving above the 20 and 50-day moving averages in terms of the daily price chart.
The SuperTrend indicator is remaining to generate the bullish crossover.
The daily price chart of the VET coin is trading above the 20 and 50-day moving averages, and the remaining 100 or 200-EMAs are above the current price.
The RSI is moving towards the overbought territory and now it is at 59-mark in terms of the daily price chart. Furthermore, the ADX indicator is gradually falling downwards, suggesting weak bullish momentum for the Vecahin coin.
VeChain Coin has reversed its downtrend after breaking the descending triangle pattern. The bulls should continue to manage the VET price above the $0.050 level to prevent further panic selling.
Resistance level- $0.0.069 and $0.10
Support level- $0.050 and $0.039
VET
Vet break out Vet is breaking out here a multi months down trend, the break up was not perfect ( lack of volume ).
it's still a coin with strong fundamentals and very good economics ( 76 % of supply is already in circulation ).
I don't appreciate the fact that Vet team started working in defi , they are flowing the trend even if the Project Goal is Supply chain related.
i am still convinced this is an opportunity of a very good trade
VET/USDT BROKE OUT! 120% PUMP EXPECTEDHello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this IOST/USDT TRADE setup. VET looks good here.
VET is breaking out from the descending channel pattern. Now, all we need is to break and close above 50ma. Once it breaks above 50ma it will pump well.
Buy some now and add more in dips.
Entry range:- $0.047-$0.051
Target1:- $0.056
Target2:- $0.068
Target3:- $0.076
Target4:- $0.084
Target5:- $0.092
Target6:- $0.10
SL:- If any daily candle closes below $0.044 then I'll exit manually.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Vet vechain long runVechain just like bitcoin had a huge wave from covid lows to its all time high
Last year and now's price action is just a correction that looks like in the cusp of forming a huge regular flat pattern to relunch it second wave up looking to reach 1.14 cents
For the short term it is expected to have a little bounce then continue its last leg down hoping it can find its lows around 3 cent area
VETUSDT LONG SENARIOHello Guys , How's Going? Hope Your Patient is not over is this boring market !
Lets Check The VECHAIN chart as you see Vet now is on the support and trading renge here , i'm going long when the trendline breakout and my target is obvious in the chart !
for who want to investment for a long i think its best place for a buying step by step and no doubt it !
NOT FINANCIAL ADVICE
Good Luck
VETBTC long tradeIt seems everyone has been wrong on the VETBTC charts and it would appear that VET is dead in the water. Looking at the fundamentals however it is clear this is anything but true. So looking at the chart we can see cycles that are more to reality than what has previously been posted. It would be nice to couple this idea with the BTC dominance chart, the Altcoin marketcap chart, the total crypto marketcap chart, the VETETH chart and the VETUSDT chart. Combining these should give us a glimpse into the future of this potentially very profitable 3x leverage trade that can bring 30x gains on VET versus BTC . Please discuss and share your thoughts and charts.
VET.USDT (Y22.P1.E1).Macro levels of importanceHi All,
Similar to BTC, we have this level , the fib ext of 1 for the ABC.
However if BTC loses the 30 k or 34 k level, we will likely lose this level.
We can time it at the time.
I think the Alts will also give us a feeling as to BTC doing a reaccumulation or continue on the correction.
Time will tell.
All the best,
S.SAri
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.05730
TP2= @ 0.06149
TP3= @ 0.06500
TP4= @ 0.06830
TP5= @ 0.07178
SL= Break below S2
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. . . . . 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.
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ForecastCity English Support Team ❤️
VET Go TimeWe can see that every time the VET:ETH chart gets to this low of a level, it starts to take off. Usually fairly quickly, but it has been slower once before. Let's continue to see what happens. I've been watching this for a few weeks, and like clockwork, the red flipped green when in entered to box.
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.05730
TP2= @ 0.06149
TP3= @ 0.06500
TP4= @ 0.06830
TP5= @ 0.07178
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 ❤️
VET/USDT ANALYSIS Weekly bullish?VET strong rejection after hit support trend line and breakout from falling wedge pattern in daily chart
RSI weekly on accumulation zone
according to elliot wave correction (ABC) theory has finish, and will try going to wave 5 , Valid if Vet breakout descending triangle in weekly chart
it's good for long term holders
TRADE ENTERED VET/USDTThere is a fine line between impatience and taking a punt on max value, this is always my main conflict when entering positions. You may say (Whilst being correct possibly) you should have waited for a close above the resistance trend line, you should have waited for confirmation on BTC bearish/bullish confirmation. Well, famz, all I am doing is sharing my fun, so watch with interest as implied (Not technical advice) hahaha Hope you are all well.