Vechain (VET) short-term dropVechain might want to fall to the area of 0.0802 (with falling volume) to get some strength before the upcoming rally with the first target of 0.091
VET
VET (vechain) short-term trajectorytrajectory options along ema's and wedges are presented, It looks like vechain would like to go up, but I am awaiting for confirmation
Vechain VET - mid range targetsexpected pump to ~0.09423 (upper line of orange rising wedge)
and dump from orange rising wedge on 05 Aug, nfa
VETUSD is at the start of a multi-month rallyVETUSD is now one of the most undervalued coins in the market while at the same time having one of the strongest technical supports to start a multi-month rally.
As you see on the chart, the price bounced 10 days ago exactly on the Higher Lows trend-line of the Fibonacci Channel and broke above the 1D MA50 (blue trend-line). The sequence resembles a lot the early November 2020 break-out fractal (even on RSI terms).
During that phase, the price also rebounded on the Higher Lows trend-line of the Channel and progressively tested the 1D MA50, the 1D MA200 (orange trend-line) and finally the 1D MA100 (green trend-line), all within a smaller Channel Up. At the moment the MA periods are set the same way, possibly for a similar test.
Every peak/ Higher High appears to follow an arithmetic sequence, the first was onthe 2.0 Fibonacci extension, the second on the 2.5 Fib ext. Can the next one (and potentially the last in this Cycle) be on the 3.0 Fib ext or it seems too high for the market cap to you?
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$VET/USDT 4h (Binance Futures) Ascending channel on supportVeChain has broken the down-trend and is recovering quite quickly, let's join here.
Current Price= 0.08224
Buy Entry = 0.08217 - 0.07902
Take Profit= 0.08789 | 0.09418 | 0.09990
Stop Loss= 0.07443
Risk/Reward= 1:1.2 | 1:2.22 | 1:3.15
Expected Profit= +18.20% | +33.82% | +48.02%
Possible Loss= -15.22%
Fib. Retracement= 0.893 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07923).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 0.08989
TP2= @ 0.09526
TP3= @ 0.10170
TP4= @ 0.11550
TP5= @ 0.12250
TP6= @ 0.14157
SL= Break below S2
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Vechain - VET - Risk to Reward Challenge still activated!Vechain - VET - Risk to Reward challenge still activated! Out of the RED into the GREEN! Let's Go.
VETUSDT Long Term Setup!VETUSDT (Day Chart) Technical Analysis Update
VeChain currently Trading at $0.082
Buy Level: $0.065 - $0.080 (wait for the small retracement)
Take Profit: TP1 $0.095 , TP2 $0.145 , TP3 0.25 , TP4 0.50
Good Pick for the Long term, In the chart you can see it's reversing from the support trend line and also you can see in the chart it breaks the resistance line in the daily chart.
I'm expecting the Vechain uptrend will continue. if the uptrend continues we can expect a new ATH in few months.
based on past trends we can expect a minimum of 750%+ growth.
Vechain Overview: VeChain is a blockchain-powered supply chain platform. VeChain aims to use distributed governance and Internet of Things ( IoT ) technology to create an ecosystem which solves some of the major problems with supply chain management.
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Weekly close above EMA 8 seems even too bullish to be trueWeekly close above EMA 8 seems even too bullish to be true, and it is on my opinion, why?
BTC should follow history on my opinion, since when we touched the 365 daily EMA I saw a pattern that repeated a couple times.
Every time we touched it BTC made a bear trap just like it just did, went up at least 30% and then dumped again.
So my prediction is that BTC will find some resistance after 30%-40% and then it will drop even lower than 28k like it did before.
Also the market seems like it is about to crash again since is touching all time high like there is no tomorrow, once the bubble explodes we are going down badly.
VET Breaking OutVET has broken through Key Fib Levels as well as multiple Resistance Areas. High Abnormal Bullish Volume and the 50 Day Moving Average has Crossed over the 200 Day Moving Average.
Golden Cross Confirmed.
Might see a retest in Price Action down at previous Support Area and hopefully bounce right off and Range Higher.
VET - Possible 20% GainsAfter getting the last prediction right on spot () now VET has broken this downtrend line that was acting as resistance since early june, signaling a possible change in trend, it shall test this resistance line again, once it gets rejected that's my entry point.
Entry - 0.06557
TP 1 - 0.07209
TP 2 - 0.07582
TP 3(stretch) - 0.07899
SL - 0.06255 Move SL as TPs are hit
NFA
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$VET #VeChain$VET is looking like a solid long.
Broke out and retested the trendline.
Can wait for confirmation aboven $0,0685.
BTC- Buy Hello,
I previously bought BTC between $3000 and $10,000
Since I sold I have been waiting for BTC to retest a new area of support. Over the next coming months I believe we will have tested below $20,000 again and we will be moving sideways.
I have set buy targets between $10,000 and $18,000 once again for the next cycle. Be prepared to wait a couple of years before any real movement.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
VET VChain Capitulation ZonesIf we have a soft capitulation buying in the green zone will be a great opportunity to grab some VET
If we have a hard capitulation like back in March of 2020 ( which is unlikely in my opinion) the blue zone would reflect the absolute best buying opportunity.
VeChain- Buy Hello,
I previously bought Vet between 0.002 and 0.007 and sold $0.23
Since I sold I have been waiting for matic to retest that area. over the next coming months I believe we will have tested below $0.007/0.02 again and we will be moving sideways.
I have set buy targets between $0.007/0.02 once again for the next cycle. Be prepared to wait a couple of years before any real movement again.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
