VET - Resistance hit!Top of the Morning!
So VET has shown some great strength and now it hit a resistance level. Most likely it will now retest the broken trendline. WATCHOUT for BTC! it may retrace big time and will drag along ALTs with it. On VET I'm prepared for a retracement and revisit of this top.
VET
VET tests $0.17800, after establishing support at $0.1700VeChain price analysis is bearish today.
VET/USD tests previous high.
Rejection currently preventing further upside.
The VET/USD pair is trading in a very tight range today, with the market continuing to struggle against selling pressure after a brief advance above the previous high. As a result, we anticipate VET/USD to drop again and establish another higher low before attempting to rise further.
VETUSDT Technical Analysis⏳ Spot
💎 VETUSDT has broken out of the wedge pattern. After the successful retest and rejection at the support line we can expect another Bullish impulse
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 40.959 to 45.103
☕️ TP1 52.123
🍺 TP2 59.650
🍻 TP3 70.559
🍾 TP4 80.370
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 36.393 to 40.959
Good Luck 🎲
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VETUSDT Technical Analysis⏳ Spot
💎 VETUSDT has formed a Bullish channel and after the breakout above the Bullish flag it is going for a retest to the resistance. After the rejection at the resistance it can potentially go higher.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 0.17152 to 0.16238
☕️ TP1 0.18286
🍺 TP2 0.19979
🍻 TP3 0.23042
🍾 TP4 0.25243
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.16238 to 0.15426
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
$VET SHORT SCALPVET Starting to move, short scalp here.
Opening a short scalp from here, target in next comment
UPDATE: $VET continues to break upwardsPosted the original chart back in late October.
Since then, VET has broken its downtrend line, held above it and continued to appreciate.
I still think there's a lot more room to run back to ATH's and even higher if the market allows.
VET - Important Breakthrough!Vet recently broke through an important level where price struggled to get past twice before.
The 1.60 level has proven to be an important price to watch. Now that we have broken through, we can look for long opportunities on the retest of the structure, and ideally a touch off the ascending trendline.
Look for lower time patterns for confirmation!
Vechain: Could 7x from current levelIn my previous analysis, I shown how Vechain is cyclical against Ethereum and is expected to outperform the latter in the upcoming weeks. In this analysis, I show the Elliott wave count for Vechain. VET recently finished a large triangle for its primary wave 4 and has now begun a massive primary wave 5. I believe we are now beginning the secondary wave 3 of primary wave 5 that could carry the price as high as $1.20, which is at least 7x gain.
Vechain (VET): Best cyclical buy signal!Vechain, when measured against Ethereum, is extremely cyclical. The best time to buy VET is when the pair goes above both moving averages, then corrects slightly, looks like an inverted hook as shown in magenta in the chart above. This means Vechain is going to outperform Ethereum in the upcoming weeks, quite significantly. It is not too late to buy, it is just about to get started!
⭕VETUSD : It did we predict again and..
Click the pic to read last post and detail.
It hesitated after hit TP1 and break out again now, so we modify SL to 0.1511.
Remember take some profit and give it more time !
✅TP1:0.1478
✅TP2:0.1606
✅TP3:0.1658
TP4:0.1714
TP5:0.1770
🔴🆕TP6 : 0.1950
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