VET/USDT idea. Two outcomes (Descending Triangle). Thoughts?Blue outcome is the most plausible. There will be better time to BUY in the near future.
Summary: We're not going to a new ATH here. Not yet. Price stays in the triangle for now.
Price might increase on the short term but decrease in the medium term. What do you think?
VET
VET/BTC time to move forward!My vision of this situation. The price of an asset moves in a (narrowing) falling wedge formation, when/if bouncing from the lower edge, the price will come to the opposite upper edge where fate will be decided. Where, with the goodwill of the general market sentiment, a technical breakout of the channel and the conquest of new highs can occur
🆓VeChain (VET) Dec-10 #VET $VET
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.075$ zone
🔴Buy : 0.085 - 0.075
🔴Sell : 0.1 - 0.12 - 0.15 - 0.18
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.075$ zone
🔵Sell : 0.075
🔵Buy : 0.065 - 0.055
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
VET - Watch This Wedge 👀Our last VET analysis got invalidated due to the crypto crash. We had to zoom out and find out the meaning behind the madness.
We can see that price is in a wedge and approaching a level which we bounced off from 3 times. We could potentially bounce off it once again.
We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it should be seen as a buying opportunity. There's a lot of hype behind VET so it is unlikely that it will die anytime soon.
Trade idea:
- Watch for one more drop back down to the 0.06 level
- Enter with stops below that structure level
- Target the wedge resistance as first target
- Target ATH as second target.
- HODL the rest
We may not come back down to these prices for a long time, if ever. Be sure to get in at the best possible price and hold it!
VET dips a bit, then blastoffVET mirroring BTC exactly these last few days, so everything here is based on BTC holding $52k as an absolute bottom before we take off. VET has been holding the indicated Fib levels fairly well since ATH this past summer. If BTC dips to $52k, as is trending today, we can probably expect VET to follow suit and dump further. Next support would be 10.3 cents on the Fib level, which is only slightly below the trendline I have drawn...I would expect VET to hold the trend line , but maybe wick down below it on the hourly scale. I am setting a buy for 10.5 cents, which hopefully is rock bottom for VET before we retake 25 cents and then beyond.
Next support if we break below 10.5 cents would probably be 8.5 cents as indicated by the purple rectangle, but hopefully it doesn't come to that.
Not financial advice, just my thoughts.
VeChain (VET) Buy ZoneVeChain (VET)
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
A couple of daily closes above $0.142 and we’re probably heading to a old All Time High at $0.266 in 2 months.
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$VET/USDT SPOT SETUP
Entry Price : 0.119 - 0.108
TP 1 : 0.138
TP 2 : 0.164
TP 3 : 0.186
TP 4 : 0.222
TP 5 : 0.266
SL : 0.091
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VET - Symmetrical triangle - Major move incomingThe price of VET is about to reach the end of a symmetrical triangle, which makes me think we'll see a major move to 0.682 with an optimistic view, or fall to 0.057 with a pessimistic view within a couple of months.
However, I don't think we'll see a big move unless BTC trades sideways or upwards.
VET | Vet is sitting on a solid support👌#VET/USDT
You can entre now at 0.11
(Safe entry is after closing 4h candle above 0.12)✅
Targets:
- 0.142
- 0.167
- 0.194
Stop-loss:
Close daily (weekly for risk takers) candle under 0.1
The recommended capital is no more than 3%
🌹Don't trade with out risk/capital management and Stay Safe 🌹
🌹 Thank you 🌹
See available trades to enter on Related Idea section
VET ContinuationVET/USD
Bullish Case
- Seem to have found Support at approx. the $0.118 area which is previous resistance, now turned support. and range for a while.
- Bouncing between $0.118-0.157, once we break $0.157, we should be heading towards $0.2211
- Bounce from Daily 200MA
- MACD/Signal and Histogram Reversing
- MACD Bullish Divergence between 28 Sep to 23rd Nov
- RSI low
- VPVR shows a lot of support in the $0.113 area.
- 1-1 Micro Fib extension shows Resistance at $0.22 Macro 0.618 Fib extension.
Bearish Case
- Strong Support at $0.092 level shown by the Volume Profile
- Still further touching the bottom of the Bollinger Band, can also go lower stretching the band.
(VET) VeChain ON THE ROAD TO 1$ 🧑🚀 🚀Hello everyone !
Today the Black Cat Trader is analyzing Vechain (VET) based on a weekly chart 📈
What we can see :
- VET is actually very closed to its uptrend line (green).
- Prices broke the downtrend line (red) and test it now as a support.
- 0.618 fib level act as a strong support right now.
- Prices are under the Kijun/Tenkan and under the Kumo. Note that the Lagging span is actually trying to crosses prices.
What we can expect :
If VET manages to hold its support (0.618 / both trend lines) we can expect prices to reach upper levels in the coming weeks.
But we need, first, those confirmations :
- Prices must break the Kijun / Tenkan / Kumo, and the Lagging span must crosses prices and ALSO the downtrend line ⚠️
Resistance : Tenkan / Kijun / Kumo
Supports : (0.618 + both trend lines)
TP1 : 0,49 $
TP2 : 0,76 $
TP3 : 1,03 $
TP4 : 1,30 $
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)