VECHAIN another failed blockchainThis chart is of #VET priced in #BTC
A massively hyped supply chain project.
Another problem that didn't need solving by cryptography.
The chart has a massive head and shoulders is below a major previous low
and after this bull run, I can envisage losing more value.
#FinancialDamage
Vetbtc
#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.02200
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02430
First target 0.02300
Second target 0.02362
Third target 0.02425
#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.02250
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02277
First target 0.02330
Second target 0.02400
Third target 0.02457
VeChain green area to refill your bag before the alt seasonVeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked.
However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am quite frustrated by all this nonsense, woke socialist ideas. We are here to make money and create new tools in a new industry; who cares if it emits carbon or not? The whole climate change vs. crypto debate is highly hypocritical and political.
This is a red flag for me, so I do not invest in this coin. However, some friends and people I respect in the crypto community are all over this project, so here is my entry point.
VeChain is still in consolidation and has not reached the bottom of it. It will likely continue to go down, and a good price to hold for the upcoming altseason is 0.023-0.025. Ideally, 0.020 would be perfect, but I am not sure if that opportunity will come again. Anyway, this coin will probably do x2-x5 in the next few months, so it's not a bad deal compared to what banks can offer for your money.
DYOR.
#VET/USDT#VET
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.02200
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.02312
The first target is 0.02750
The second target is 0.03070
The third goal is 0.03440
VET - 900% Potential in the bull run, get ready now. #VET/USDT #Analysis
Description
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+ VET has reached the support trendline and price is expected to consolidate in this area.
+ Once the price reaches this are, i'm expecting it to bounce back, this gives us good opportunity for a trade with huge profit potential.
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VectorAlgo Trade Details
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Entry Price: 0.021038 - 0.025285
Stop Loss: 0.017169
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Target 1: 0.033475
Target 2: 0.049533
Target 3: 0.060345
Target 4: 0.083920
Target 5: 0.118305
Target 6: 0.181948
Target 7: 0.246760
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Where is the end of VET correction?Warning: This is a setup for buy/long, not sell/short.
From where we put the red arrow on the chart, the VET correction has started.
It seems that the VET correction is a triangle or diametric that we are now in wave D of this correction.
Wave D looks like a diametric that we are in the final wave of this diametric.
The green range is a strong support range on which we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#VET/USDT#VET
The price is moving in a bearish channel on a 1-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.0340
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.03500
The first target is 0.03579
The second target is 0.03650
The third goal is 0.03737
#VET/USDT#VET
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have bounced from a green support area at 0.0330
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.03400
The first target is 0.03614
The second target is 0.03700
The third goal is 0.03826
#VET\USDT#VET
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it.
We have a tendency to stabilize above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.04.5
The first target is 0.0430
The second goal is 0.04660
The third goal is 0.04980
#VET/USDT#VET
The price is moving in a bearish channel on a 4-hour frame, and the price has adhered to it to a large extent
We have a downtrend on the RSI indicator
We have a higher stability moving average 100.
Entry price: 0.0444
The first target is 0.04681
The second target is 0.05028
The third goal is 0.05451
Stopped loss is below the green support area
VET has formed a Bullish flagVET has formed a Bullish flag, we have the potential to go up
🔵Entry Zone 0.04249 - 0.04401
🔴SL 0.038204
🟢TP1 0.046379
🟢TP2 0.054818
🟢TP3 0.065980
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VET LOOKS BULLISHThe VET diametric has been over for several weeks and VET has entered an uptrend.
It has a flip support range that can be pumped towards tp by maintaining this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#VET/USDT#VET
The price is moving in a downward channel and sticking to it well
The price is expected to remain within it for some correction to the support level at 0.02400
The price is below moving average 100, so we have some correction to the support level
Entry price is 0.02400.
First target 0.02684
Second target 0.02940
Third goal 0.03212
Fourth goal 0.023461
VET ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart. We also specified the invalidation level. Closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#VET/USDT LONG#VET
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
Price Now 0.02571
First Goal 0.03265
Second Goal 0.03969
Representing 170% of the current price
You must pay attention to the rebound points to be used.
The key is whether the price can be maintained above 0.03175Hello traders!
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(VETUSDT chart)
(1D chart)
As it rises above 0.02776, I think the possibility of a full-fledged upward trend has increased.
However, since the long-term moving average is still reversed, the key is whether the price can be maintained around 0.03175.
If that happens, it is expected to rise above 0.04757-0.05385 and escape the bottom range.
If it falls below 0.03014-0.03175,
1st: 0.02776
2nd: 0.02110
You need to check if you receive support near the first and second levels above.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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VET ANALYSIS (4H TF)We are still on the green zone of the previous analysis. But according to the recent data we have on the chart, we can recognize an ABC wave that we are now inside a B wave, which is a diametric.
The g wave can end somewhere between the 0.718 fibo and 100% of the a wave. We have updated the green range compared to the previous analysis.
If the price returns to the green area, it is a buy/long opportunity.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You