VeChain in a Bull flag!Hey, back with another idea, this time looking at Crypto.
As you may know, I trade both crypto and Forex and today I have chosed to get into a VET/USDT swing trade, looking for 10%.
VeChain is in a bull flag with daily uptrend, this should be a good trade.
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Vetbtc
VET/BTC (Revisit Previous Low?)VET/BTC
-unable to break the downward trendline resistance
-there is a high chance we will revisit the previous low at 85s area
-when we get there, it will be the battle between the bears and bulls
-I will personally wait for the breakout of the pattern
-before entering any trade to lessen the risk involved
Opening an OCO buy order on that triangle VET is showing a lot of strength and we could see a break of that triangle soon
But since I like to buy the possible dips, I am opening and OCO buy order between those two points on the triangle
Still very small positions since there is a lot of uncertainty on BTC at the moment .
VET USDTPossible scenario for VET/USDT
With the rumor that #VET could be listed on #Coinbase the price could be very volatile which could reach the target of 0.023$
If the price stays above 0.01$ on monthly candle then target of 0.023 could be a reality soon.
(Again , mostly alts depends on BTC price, so we also have to keep that in mind)
*** Just sharing my opinion, not an investment advice.
VET/BTCI've been in Vechain since the break of the downtrend line, at around 52 satoshis and have been selling small aliquots along the way.
My initial target was 100-105 satoshis, but I got greedy and was hoping it would reach the top of my channel at ~115 satoshis. Initial target was reached, but I didn't sell enough since I was hoping for that extra bit. Here we are now :P (lesson here: don't get greedy on something that has already doubled and remember to follow your plan!).
I have outlined multiple diagonal supports. If Vechain is in a parabolic uptrend this line should hold. If not, then diagonal supports exist at ~ 85 satoshis, with strong horizontal support at ~ 80 satoshis. I will hold for now.
VCHAIN ($VETUSDT) 👩⚕️🐻 | Do The Bears Need a Vet Yet?🔵 Vchain (VET) has been on a serious run lately. Initially, part of this was likely the anticipation of Binance futures (which isn't necessarily bullish). Now there is more news that has eyes on VET with potential for a Coinbase listing.
With that in mind, despite the bullish price action and recent headlines, VET is at pretty notable point of resistance here. Plus, now that it is listed on Binance, it means that there is money to be made on the downside (remember what happened to crypto when Bitcoin CME futures came out ⤵️).
While we aren't shorting VET without a clear trend behind us, there is reason to be skeptical of this overextended run despite its bullish nature. Let's take a look at some key levels for bears and bulls.
Support:
The first major support for the VET bulls is the S1 bullish S/R flip below the current price and below the swing high of the last range. Although this support could result in a bull run, it is likely that any weakness in VET (even a pullback to that clear support level) could result in the start of a downtrend.
The other major support levels for VET are both along way down. While the bulls might find support on top of the lower range at the S2 S/R flip and S3 orderblock, any move to that level means the bull trend is long over.
Resistance:
The R1 range has seen reactions dating back to 2018 and is the first logical point of resistance. Any future rejection of this level, or if the current rejection is sustained should be good news for the bears and their short contracts.
If the bulls can maintain momentum and get past R1, then the R2 S/R flip from 2018 comes into play and R1 flips to become a potential support to retest before moving higher. R2 is the last notable resistance before we start making our way up to the previous top at the R3 orderblock and S/R flip. After that, the sky is the limit.
Summary:
The bulls have a path to uncorrelated glory here, but first, they have to make it through stiff resistance without the Binance futures bears taking over. That is a big ask. If the bears lose S1 for any reason, things start getting grim. So buying the strength makes sense here, but be cautious and don't go looking too hard for dips once this one turns over (instead, check out that short futures contract).
Resources: blog.coinbase.com + www.cryptoglobe.com + www.finsmes.com
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VET/BTC 142% profit and Strong move upward#VETBTC Profit Update:-
#VETBTC Now Trading at 100 Satoshi ( 142% Pure Profit).
Mean to say that total 142 % Pure Profit guys.
Our First Entry was 46 Satoshi ( 142% Profit )
And 2nd entry was 52 Satoshi ( 100+% Profit )
Both Entry in huge Profit.
Target 1 : ✅
Target 2: ✅
Target 3: ✅
Now Towards our 3rd Target
But Guys sold My 90% Position here at 126% Profit.
Because I am not greedy so 90% and 126% Profit within few days not Bad.
so you can also take profit guys partially.
10% position still holding.
if you still holding I suggest you can sell 100% position and book your profit.
Support :- 90/82/60 Satoshi
Resistance :- 106/126 Satoshi
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VET/BTC 126% Profit within Few days Congrats Friends#VETBTC Profit Update:-
#VETBTC Now Trading at 100 Satoshi ( 126% Pure Profit).
Mean to say that total 126 % Pure Profit guys.
Our First Entry was 46 Satoshi ( 126% Profit )
And 2nd entry was 52 Satoshi ( 94% Profit )
Both Entry in huge Profit.
Target 1 : ✅
Target 2: ✅
Target 3: ✅
Now Towards our 3rd Target
But Guys sold My 90% Position here at 126% Profit.
Because I am not greedy so 90% and 126% Profit within few days not Bad.
so you can also take profit guys partially.
if you still holding I suggest you can sell 100% position and book your profit.
Support :- 82/60 Satoshi
Resistance :- 106/126 Satoshi
Don’t Forget to Click #Like Button and Appreciate me.
Must Follow me for Latest real Time crypto updates.
Thank you.
VET/BTC 95% Profit Now so Book Profit..?#VETBTC Profit Update:-
#VETBTC Now Trading at 87 Satoshi ( 90% Pure Profit).
Mean to say that total 95 % Pure Profit guys.
Our First Entry was 46 Satoshi ( 90% Profit )
And 2nd entry was 52 Satoshi ( 67% Profit )
Both Entry in huge Profit.
Target 1 : ✅
Target 2: ✅
Now Towards our 3rd Target
But Guys sold My 70% Position here at 90% Profit.
Because I am not greedy so 90% Profit within few days not Bad.
so you can also take profit guys partially.
Support :- 82/60 Satoshi
Resistance :- 106/126 Satoshi
Don’t Forget to Click #Like Button and Appreciate me.
Must Follow me for Latest real Time crypto updates.
Thank you.
VET/BTC looking bullish for long-termVeChain is a popular project with strong team and optimistic fundamental connected to China. Also the chart looks really bullish on High Time Frames. We can see a massive breakout out of 1 year bullish falling wedge with continually rising volume. On 1D we see confirmed BK231 Daily . MACD + Histogram are bullish . RSI on HTF still in neutral zone , ready for bigger move. WatchOUT in next days.
VET/BTC (Strong Weekly Candle about to Close)VET/BTC
-the weekly candle is about to close in a few hours
-the strong trendline is now broken
-weekly local resistance at the 60s is broken
-potential double bottom reversal is about to confirm
-upside target of this break is up to 100s
-stoploss is placed under 52s
VeChain (VET) Breaks Above MA200, Next 80%+ MappedVeChain (VETBTC) just broke above MA200 while aiming higher.
This is a strong resistance level marked on this chart by a black line.
We consider VETBTC strongly bullish above MA200 and EMA50 (0.00000053).
We can switch to bearish if prices close below the last low at 35 satoshis (0.00000035).
This is a solid altcoin pair and is looking to grow some more... Additional details on the chart.
This is Alan Masters.
Namaste.
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Apr 11 | VeChain Trade Crypto Signal (VETBTC | 311%) AlanMasters
VET / BTC Potential double bottom. Past idea over + 200%VeChain (VET) potential double bottom.
First target + 40%
A breakthrough of resistance and the continuation of the uptrend, the second target is + 80%.
Further goals depending on the strength of the trend.
Stop Loss
Under key support levels during your entry into the market.
The previous trading idea profit at target levels from +60 to +210%.
VET downward wedge. First target + 60%
Entrance zone at the lowest price.
www.tradingview.com
Trend development. The first sales area + 120-140%
The second target was achieved +200%
Develop your brain. Do not be theorists, but practitioners. A theory without practice is zero.
Only the "weight" of your deposit matters. Everything else is "water"
Vechain / BTC Breaks Out! Will it go to ATH?VETBTC has successfully broken out of the long term resistance trend line on the daily charts. On the weekly charts the closing is awaited for confirmation of the same by post closing on 31st May 2020.
In the meantime, our initial position has already yielded around 30% returns and more returns are possible in the coming days if the chart structure remains intact.
Below is our earlier Long Call on VETBTC Pair
Earlier Analysis 4H Chart:
1D Chart:
The daily chart here shows the initial breakout region being tracked by a highlighted red eclipse.
The red line is the long term resistance line VETBTC has broken out of. The thick green line should act as the immediate support for VETBTC to continue moving in an upward trend. The green line at 35 sats is the long term support expected to be held but for current position to continue the SL would be maintained at the thick green line. Any break below the same could lead to testing the long term support at 35-37 sats region and hence shown with red downward pointing arrows.
The green highlighted polyline is the region for VETBTC to grow going forward with ghostlines drawn for only reference. The actual movement will be monitored over a period of time.
Any break above the yellow line could lead to a potential parabolic rally for VETBTC. Be cautious while trading in that zone.
Our targets on VETBTC pair stand at 64 / 82 / 110 / 150 / 250 sats. We are active in VETBTC since 45 sats level.