VET
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.
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.
VET Critical Point - wait for it!BINANCE:VETUSDT In this chart we have a support line that have been respected since Dec/20, and no candles closes below it. Right now we're testing it and it will be bad news if we breakdown, expecting further downside to $0.60 level.
On the other hand we have another trend line been respected since early Jun, breaking this downtrend line might take us to retest higher prices in short term.
For now my position is to wait until direction is clear, once we have a direction we wait for a retest then long or short it. Tight SL and less market exposure as possible.
Thank you for reading.
VETUSDT Waiting for the Breakout Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, VETUSDT on H4 if we get a clear Breakout above the Resistance in the lower TF we can look for potential entry.
⬆️Buy at Resistance Breakout or Buy at 0.066
⭕️SL @ 0.056
✅TP1 @ 0.086
✅TP2 @ 0.102
✅TP3 @ 0.132
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
VET looking for takeoff!Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at like a fakeout, the end of this triangle brings us into the beginning of august and thats when id say alt coins are going to really takeoff. Looking at the RSI we are pretty low in the confirmed downtrend half almost to the oversold zone, we are slightly pointing upwards and look like we are ready to see a bit of a climb upwards to atleast the midline at 50. We could see a rejection at first and then sort of repeat that cycle until the markets are ready to move (august imo) once we do get the momentum to smash through the midpoint on the RSI it is crucial not to jump to bullish positions until we see that confirmed, we need the confirmation before we can say we are in a confirmed uptrend. looking at the Wave trend oscillator we are coming to the bottom of this wave i would say almost bottoming out in the buy zone, we should see a smooth ride back up in this next wave which hopefully could bring us out of this descending triangle, maybe not this wave but i would say in the next couple bullish waves we see. One crucial thing to keep in mind is that we got to stay away from that bottom bollinger band as we could definitely see a significant fall if we start riding the bottom band, we are currently getting stuck underneath the midline and for the past couple weeks can't seem to break through it with multiple candles getting stuck right below it. a very positive scenario would be on this next bullish wave on the wave trend pushing price action above this midline and into the more bullish side of the BB, aswell the same thing with the RSI! Not financial advice just my opinion!
Extreme scenarios for BTC in July With such a low volume is hard to tell BTC`s direction, but we can say that it´s behavior right now is on Squeeze mode,
which means we could could have a volume explosion to any direction soon.
things to look at:
1) Weekly EMA 50 Close today: a) Closing above it would be bullish b)Closing below it, Bearish
2) Eventually getting a rejection at 34500: Since when we broke the triangle, it seems like we are trying to test the bottom of it as the next resistance.
Getting rejected at that level could led to more dump easily.
3) BTC Dominance: If we are lateralizing between 46% right now, if we start to go down could indicate a pump,
going up would indicate a dump in the market.
Have a good one guys.
Vechain - VET - Risk to reward challenge - MA Price squeeze!Vechain - VET - Risk to reward challenge - Moving Average Price Squeeze! Price is being squeezed into a tight consolidation range between the descending moving average and the fibonacci 76.8 support level. Expected breakout in either direction. What is your bias? We will see?