VET
VeChain - Ascending Triangle Breakout on the 4hrVeChain 4hr Chart Update:
VeChain has broken out upwards from its Ascending Triangle.
VeChain is now in the BULLISH ZONE of the Ichimoku Cloud for this 4hr timeframe.
Notice that we have an Ichimoku Cloud Kumo Twist into a new Bullish Green Cloud for this 4hr Timeframe.
Notice how the Bollinger Bands Upper and Lower Bands are moving away from each other and the Price is Walking up the outside of the Upper Band.
VeChain is above its 50EMA and its Bollinger Bands Middle Band Basis 20 Period SMA.
VeChain is above its Volume Point of Control (POC) for this 4hr timeframe.
VeChain’s Volume has increased above its Volume Moving Average 6 4hr candle in a row.
The Chaikin Money Flow (CMF) is indicating accumulation has risen slightly to 0.11.
The Average Directional Index (ADX DI) is indicating a strong trend with the ADX (Yellow Line) at 27.6 above its 9 Period EMA (White Line) which is at 22.48. The +DI (Green Line0 is at 29.9 way above its - DI Red Line which is at 8.6. Notice that the =DI (Green Line) is pointing upwards and moving away from its -DI (Red Line) which is moving downwards.
The future looks extremely bright for this future giant of the crypto industry.
Here is a closer Look at the CMF.
Here is a closer look at the ADX DI.
I hope this is helpful with your Trading and Hodl-ing.
Vechain (VET) Retesting 14 Cents!Big weekend ahead for Vechain and the of the cryptocurrency market. We have very important resistances to break the first being $0.14 cents for Vechain. As of right now we're at the doorsteps of retesting it.
If we fail to break this we may have choppy waters ahead potentially going back down to below $0.10 cents in a worse case scenario but good if you want to load up heavy on more Vechain. We've been making higher lows that's always a nice sign. I hope nobody is sleeping on Vechain as this project is primed to be a $100 Billion dollar market in the near future. There is simply no other cryptocurrency addressing supply chain, data, and logistical issues on a global enterprise level.
We have have Bitcoin 2021 in Miami June 4th - 5th so we'll see how this conference affects the overall tone and sentiment of Bitcoin going forward. It is estimated that more than 50,000 people will be attending which is a record so we'll see if this will have a positive effect on the markets. I'll be there!
Much peace, love, health, and wealth. Stack crypto safe and hodl with grace =]
VET big move coming soon!!?Vechain has fully broken out of the descending channel and now in the past few days we are seeing nice momentum pushing the 0.3 FIB level. If you look at the RSI, we're seeing an approach to the 50. point, if we can see a full break of this level we will be in a confirmed uptrend and we all remember what vechain did at the beginning of march this year! Also looking at the MACD we see a buy signal put out the other day and now starting too see a confirmed bullish flip of the Blue and Orange MA's, plus looking like 2 green bars on our histogram and we haven't seen that in quite some time. I think if we see a bullish close today above the 0.3 FIB we have a good chance of gaining a lot of momentum to launch us to the 0.5 FIB and beyond. Not financial advice just my opinion ps. everything also depends on BTC
VET & ALTCOIN MARKET 40% up or down?VET and many altcoins are printing a similar consolidation pattern akin to Bitcoin.
The smartest play is to wait for a confirmation break (candle closing) above or below resistance before you enter the position (Long or Short).
The targets to the upside and downside are posted on the chat.
VeChain hitting the resistance of triangleDear friends welcome to the new update on Vechain.
Previously the VET formed a nice trade setup and gave us chance to earn good profits.
This time on the daily time frame char the VeChain has reached the resistance of a symmetrical triangle.
On the other hand, the Bitcoin is very close to the resistance of descending triangle.
Now we can observe the BTC move if it breaks out the resistance then VET can also breakout and start a powerful rally.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VET DAILY TRADE #27 -> Mid range setup, buy .114Yesterdays trade got us 5% and leaves us hanging mid range.
If we can bounce on .114/.115 that would trigger a trade setup with a target of .133
Everything depends on bitcoin, so this basically bets that BTC doesn't fall under 35k.
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
==TRADE==
ENTRY = .114/.115 ONLY IF it bounces and stays above on 4h (may mean buying .116)
STOP = 4H close below .114
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
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VET DAILY TRADE #26 -> Triangle FormingFor a number of ideas now I've had a descending channel and trades based around that. BTC is arguably in a symmetrical triangle, VET is following that lead and forming its own version, so those trend lines provide potential trade setups.
I'm leaning towards BTC getting bullish and testing the upside of this triangle, VET will follow. I don't think theres enough interest to break pattern. I will be looking for shorts at the top of this triangle.
If we can break and close above .113/.114 here on the 4H that would signal a move upwards.
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
==BREAKOUT TRADE==
ENTRY = Buy the 4H break and close of .114
STOP = 4H close below .114
==AGGRESSIVE TRADE==
ENTRY = on trend line, .0998 to .093
STOP = close below trend line
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VeChain - A quick 4hr chart updateQuick and easy VeChain 4hr chart update:
On this 4hr timeframe, VET is above its Bollinger Bands Middle Band Basis which is a 20 period SMA.
VET is back above its 50EMA and has managed to close 2 previous 4hr candles above it and looks like it will do the same for this 3rd 4hr candle.
VET is still above its Least Squares Moving Average (LSMA) for this 4hr timeframe.
I have added just the Ichimoku Cloud (Kumo) part to show that VET is now out of the Bearish Zone and back in the Equilibrium Zone of the Ichimoku Cloud. If you are waiting for FULL Bullish Confirmation for this timeframe, then you would wait for a Kumo Twist where the Leading Span A (Senkou Span A) moves back above the Leading Span B (Senkou Span B) levels creating the start of a new green cloud.
The ADX DI is indicating that positive momentum has increased and notice that the +DI (Green Line) has crossed back above the -DI (Red Line). The +DI (Green Line) now at 19.68 & the -DI (Red Line) at 17.01. The ADX (Yellow Line) is at 17.9 and has dropped below its 9 Period EMA (White Line) which is at 20.39 indicating a weak tend at the moment.
The Chaikin Money Flow (CMF) is indicating a steady increase in accumulation with the CMF Line (Green Line) at 0.08.
VeChain is above its Volume Point of Control (POC) for this visible range.
VeChain is in an Ascending Triangle pattern so we could see another attempt at getting back above the equilibrium zone & back into the Bullish Zone for this 4hr Timeframe.
Here is a closer look at the Average Directional index (ADX DI).
Here is a closer look at the Chaikin Money Flow (CMF).
I hope this is helpful with your Trading or Hodl-ing.
PLEASE DO NOT FOMO! WHERE WILL BTC GO? LET ME SHOW YOU THE WAY***Analysis is based on fractal as seen in Jan. 2021 (see previous idea) when we were ranging between 28k and 42k.***
I am really leaning towards a double bottom between 28k and 30k. Lowest will be 28k. I see some calling for 20k. While I do think it is possible, I will stick to my analysis.
I don't have them plotted but Fibs aim for a new ATH of 72k.
I am short term bearish. Overall bullish.
I do not want to own BTC as I do not see the potential in ROI compared to ALTs. I will be setting buy orders around the same LOW prices we saw on May 19th to May 23rd for all of my alts. Slightly lower incase it dips past 30k.
What does this look like for alts?
VET: $.04-.05
XRP: $.65-.69 ... nice!
POLKADOT: $15
XDC: $.04
and yes, even meme coins like Akita... Coming in at a whopping .000002 Akita.
If I am correct and BTC double bottoms the support then I imagine alt coins will have a concise and small consolidation area until each day a new one pops off.
Good luck.
SET YOUR ORDER LIMITS!
BTC/USDT UPDATEHey hey my friends 👋
My thoughts are written on the chart here
The weekly time frame for now is bullish but the daily is painting bearish as well as a lot of the lower time frames
BTC can not get back above the daily 200 ema or ma and it looks like we may have a bearish cross of the 21 and 200 which will trigger more selling
Longterm view of a 2017 holder Hello and thanks for reading into my post.
As you can see VeChain's chart is currently in a bullish upward movement.
I'm holding since 2017 and from my feelings and experience, I tried to make the chart easier to read and understand.
There are 4 Major zones that I will explain now.
1. KEY RESISTANCE: Key resistance show's us the current problem the price is facing, the range between 45-25c seems to be a place where people like to sell their holdings currently.
2. Area of confluence/trend changer: This is the zone where we get to decide how the trend will continue. Right now the odds are higher that we will continue bullish momentum but once we cross below this zone, the bear mode is activated.
3. KEY SUPPORT: Key support is last cycle's top resistance as you can see from 2018-2020 we've been trying to get above the key level zone several times.
4. Accumulation/buy Range: This is the zone where we stayed the most, 2 years of this chart have been in this price region, which means there had to be some accumulation ongoing, even if it does not look like a textbook accumulation range.
I hope you enjoy this
greets
The Doc
VET DAILY TRADE #25 -> Buy Setup 0.078Our last trade played out fantastically. Once BTC faltered at 40k you take profits, no need to be hodling any ALT here whilst BTC is still figuring its sugar out. Take profits and get out.
We are looking to do the same thing again, buy on the lower channel trend line.
I would like to see a wick below the channel, come back up and test. Looking for that confirmation before entering. Right now that extra confirmation is really important as each time BTC tests downwards it can potentially continue to capitulate. We don't want to have a buy order set for 0.078 only for BTC to wick downwards this time and not bounce!
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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