Vetanalysis
VET Cooldown before new ATHWe saw a marketwide correction last night with most cryptos dropping 15% to me this is nothing out of the ordinary, we have been running up like crazy and with that we need corrections before we can keep moving up, it also great for creating more support. The VET bulls bought up the dip super quick bringing us all the way back up above our 0.2 FIB Level! I think soon enough we will start to see the markets and VET move up again creating new ATHs. The Zero Lag MACD did actually cross bearish but has recovered and flipped back bullish and starting to separate! Our EMA ribbons still look extremely bullish, pointing upwards and starting to spread out and open up carrying us with bull momentum. The RSI is overbought but coming down a little bit and the Ichimoku cloud is printing us green support clouds still but starting to turn a little sideways. Ideally it would be good if we went sideways for a few days before heading back up to create and strengthen support levels. Not financial advice just my opinion
VeChain VET clean technical analysis looking at VET here on the 1 hr we can see that price had an impulsive push to the upside finding resistance at a fib level,
since then price has made a rejection from the high and is moving correctively in the form of a descending channel back to the most recent fib support area that it previously broke through, anticipating for price action to complete the correction and possibly confirm support at the double bottom or move slightly further back to the fib level where they grey box is located. if price rejected this support and confirms a move to the upside this can be a good high probability move to the upside for long positions in the green zone.
Vechain on the verge of a huge run! Vet has undoubtedly been one of the most impressive cryptos in the past couple months putting out great numbers and has been in a very solid uptrend. I really think this is due to the realization from both retail and institution of what Vechain is and what it is doing and providing! We recently created a new ATH and i think we are going to see another one soon! Our Zero Lag Macd looks super bullish and we are seeing strong upwards movement with no sign of slowing down! We are beginning to ride the top of the bollinger bands which is very bullish and you can see the same thing and how it played out around FEB and March on the chart!! Ichimoku cloud is bringing us nice green support clouds, pushing up. Overall i think vechain will be one of the best investments for the future, the technology and what they are doing is so incredible and they already have real world use cases that are being used around the world everyday! Personally I can see myself holding onto most of my Vechain for the next few years! Not Financial advice just my opinion!
Vechain gearing up for an explosive move!Vet has been going sideways in accumulation for a almost a couple weeks now after its huge run up creating new ATH's and support. I believe its just a matter of time before we see VET go on another huge run creating new ATHS and upper supports! All we have in the way is 1 FIB resistance level coming from the ATH! the longer the accumulation goes for the stronger and more explosive our next move will be! The MACD is looking good we are starting to see a slight point up, I think we are going too see a golden cross any day now at the start of the next run up! We are seeing a nice spread among the EMA ribbons which are also slightly pointing up, dont think we will see a flip of the ribbons anytime. And the coppock curve has been on the fall and we are now reaching the bottom and i expect us to see a reversal sometime soon. Overall very bullish on VET i believe this project is going to play a crucial role in the future of crypto and real world retail which it is already dominating in! NFA just my opinion!
VETUSDT - LONG #VET #VETUSDT # VETUSD #LONGTaking a look at VETUSD on the 4 hour, it is trading above the 0.618% Fib.
It is currently in the progress of flipping this into support, before progressing higher.
Targeting the 78.60% Fib, where current resistance is.
Following this, we will look for a flip of this resistance into support before re entering any longs.
VETUSD is currently trying to break out of its currently flag formation, i expect continuation from here.
Good luck!
Vechain loading up momentum Vet has been holding our 0.2 FIB level solid and i believe we will see another daily close above here. Our stoch RSI is looking good slowly coming out of the oversold zone aswell our RSI has been going sideways for a little bit now but we are seeing it sloping slightly due to recent price action. The RSI is kind of close to the overbought range, but we have been since the beginning of March without any noteable big dips. I think a lot companies and institutions and retail are starting to realize what VET is and the potential for the great technology its providing. Last the MACD is looking the same as RSI and Stoch building momentum the more accumulation. We could see a Golden cross any day now in my opinion, Not financial advice!
VET new growth channelEventhough the last few days felt as if VET was only falling down, but if we moved the line of the growth channel before the big BTC dips we can see a new growth channel is setup aligning the same angle as the previous growth channel. This seem to be the most promising prediction as we have retested the support already many time, but I also doubt to fall so far down to test another support as that would mean a big crash.
VET ready to push for ATH/ NEW ATHVechain has broke through the 0.2 FIB level a few days ago and has since been holding it very strong, Im confident we will see a daily close once again above the 0.2 FIB and im looking for us to continue up and go for that ATH level and ultimately a new ATH. Watch the MACD closely i would like to see a clear flip to bullish which right now has been twisting in and out of bullish not moving very much. We are seeing nice support coming in from our Ichimoku cloud opening up a bit and slowly pushing higher. The RSI is slightly pointing up still remaining above our 50 line showing a clear uptrend. The Stoch RSI is also starting to point up even more and recently flipped bullish coming out of our oversold zone. Not financial advice just my opinion.
IMPORTANT DAILY CLOSE FOR VET!I am looking for a daily close above the 0.2 FIB level which as of right now is pushing through slightly. A daily close above our 0.2 fib in my eyes would give us a good chance to head back up ultimately regain the ascending channel and go for that ATH! The past 2 days we have been trying to breakthrough the 0.2 and i think todays the day with the market starting to rebound a little bit, but keep in mind BTC moves the market so watch that aswell. Our ichimoku cloud is still bringing us bullish support and is beginning to point up! the EMA ribbons are still wide opened up carrying us with bullish momentum and are slightly beginning to turn up! Lastly the MacD has turned slightly bearish over the past couple days but we could still see it reverse back! NFA just my opinion
VET - 6h. The prospect of continued growth to $1.3 is quite highVET buyers from February 28th managed to build quite a beautiful wave of growth. On the 6 hour timeframe, we see how the VETUSDT price clearly moved within the channel and did not go below the white trend line.
However, on March 22, sellers managed to break through this trend line and test the important price range of $0.08-0.083 . The break of the trend line, which the buyers had been holding for almost a month, did not cause panic in the VET market. An important fact is that the VET price has gone beyond the global trendline that sellers have successfully held from November 2019:
The acceleration in growth demonstrates the strength of the trend and a promising future for the VET market. The current wave of growth, which began in November 2020, is still incomplete and we expect the growth to continue to $0.123 . The first problem on the way to this target is the mark of $0.093 . A local rebound is possible from this range. Therefore, it is worth looking at how buyers react to this.
The local breaking point for this scenario is the range of $0.08-0.083. The loss of this mark will continue the correction, however, it will not cancel the scenario of continued growth.
The global critical point is at $0.68 . What do you think about the VET market? Write your thoughts in the comments. Successful trading!
Watch VETs daily closeWe are holding the 0.2 FIB pretty strong but the chance that we do breakthrough and close below i think we would see a little dip possibly down to the 0.3 FIB level, but if we do close above the 0.2 I believe we will start to bounce back upwards. The EMA ribbons are still super bullish carrying us with momentum, wave trend oscillator is still hanging around the top zone and the stoch rsi is coming down back into the neutral zone from overbought, overall still very bullish on Vechain and will definitely be picking up more if we see a bit of a dip. NFA just my opinion
Vechain Looking FantasticVET undoubtedly has the best looking chart out right now on the month, we have had a very steady climb and recently have made New ATHS and hanging out in price discovery mode, for the short term (next day or two) i think there is going to be some profit takers and a little bit of selling on vechain. Our stoch RSI has been hovering around the overbought area and has now shot up into that zone. we also see the Wave Trend Oscillator is pushing into the top zone. We could possibly see a little bit of a cool off bringing us down to maybe the 0.2 FIB but i doubt we would see price go any further than that, Our EMA ribbons are showing no signs of cooling down, they are pointing up and actually starting to open up even more. Overall super bullish on Vechain we have been seeing lots of institutional adoption and attention and i believe a lot of people are starting to realize what VET is and what the ecosystem is providing! Remember the past week we have seen overall very red days in the crypto market yet VET was still shining showing its strength! If we do see a little cooloff dip i dont think itll last for long then we can continue the push up! NFA just my opinion
VET pushing for ATH and price discovery!after having a short cool off VET has started to move again aprx. 5% upwards and we have no resistance left until the ATH. Our ichimoku cloud bringing us support and is starting to curl to the upside, Stoch RSI is around the middle of the neutral zone. When we reach our ATH i think we have a chance of getting rejected the first time but we should be able to breakthrough on the next ones. Creating a new ATH and putting VET back into price discovery mode! NFA just my opinion
Vechain cooling off for nowWe saw an aprx 10% dip for vechain today but i believe we are just seeing a little cool off after a big run up. We are seeing price action touched down at the bottom of our ascending channel but has rebounded back up, currently we are pushing to come back above our support at 0.0737. I think short term we could see possibly a drop down to the 0.0709 support. our Macd has turned bearish for now and im looking for it to cross back over. EMA ribbons are still carrying bullish momentum and as of right now are starting to point a bit sideways and the ichimoku cloud support has been a little light but is still bullish and pointing up now. Overall still very bullish on VET just thinks it needs to cool off like it has been doing before continuing to fly up. Not Financial advice just my opinion.
Vet is booming Vechain pushing towards ATH, broke heavy downward resistance, our EMA ribbons are starting to point even higher up and the stoch RSI exploded off of the top of the oversold zone, looking for a break of the ATH in the coming days if we keep this up! Not financial advice, just my opinion
Vet UPDATE 13 Ema about to cross up 50 SMA March 02 2021 Update
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET must hold support!The bulls are coming in strong and buying up this dip and holding our previous ATH support. Looking like a bit of a cool off after our big recent run, we could see a little bit of accumulation on the support line and slightly above but believe we are going to see another strong move up in the near future! we have got very strong support all around with Ichi Cloud and EMA ribbons point up! Our stoch RSI is coming back down from overbought and like i said possible accumulation but ultimately to go back up! Not financial advice just my opinion.
Vechain(VET) Possibilities in this bull runPossible bull flag is developing in this correction that could cause make price higher if it materialize
This could happen early or it depends on the movements of BTC and BTC.D
could be wrong could be right...
TAYOR...
VET is likely ready to soar...VET/BTC is going to break MA200 and in case of happening, this could be a great buying opportunity...
Watch out...
VET - 1D. Is the growth of + 200% still real?As it turned out, the VETUSDT price has been moving upward in a channel for almost a year.
Recently, the VETUSD price has broken through to the upper part of the channel and is trying to gain a foothold there.
If the price fixing in the upper part is successful, then we can start pinning hopes on continued growth to $0.12-0.13
A note of conspiracy and coincidences: the low according to VET was 03/13/20, and the high could be 03/13/21 :)
However, if the price drops below $0.046 , then we can expect a price movement in the lower part of the channel, and the liquid zone that will attract the price to itself is in the area of $0.0215-0.0255
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