QUICK LOOK AT VET - WITHIN BUY IN ZONEVET is looking good to buy in within our zone. We see that this will be our third bottom and you know what that means! Higher chance for us to start bounce action next month and moving into summer. Don't be invested in this for more than 15% of your total portfolio.
Vetbtc
VET-BTC DowntrendVET:BTC is currently in a downtrend. The Double Bollinger Band middle line has been rejected (closed below it) and now we saw a drop in price again. When it closes above the middle BB, I am more confident in a change of trend. Until then I do not advise to enter VET:BTC at this moment. However if you are a scalp trader, you can try to scalp on the shorter time frames by adding to your bag at the 2nd lower BB line and sell on the bounce (will be only a few % gain though). Might workout if you stick to your stoploss and sell target.
A close above the middle BB would be a decent entry for a longer term position (not intraday).
VET/USD - 4 Hour chart - Potential +50%VET/USD just completed the 4th sub-wave of the higher degree 3rd.
I'm expecting one more leg up to complete the 3rd.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
$VET update* Vet Summit next week on Apr 18th
* according to @Cointelegraph #VeChain is among 197 approved blockchain companies in China
* $VETUSDT - the price is on channel and 200MA support
* $VETBTC - the price made a pull-back and tested the initial breakout (my re-entry)
* price above Kumo
* golden cross about to happen in a fey days
#bullish
VeChain Challenging Resistance (VETBTC)(138% PP)Welcome to this updated analysis on VETBTC Let's get right to it!
VETBTC Targets:
0.00000133
0.00000147
This information is to be used for educational purposes only
Would be equivalent to a rise of 138% Therefore, if 0.0000147 can hold support line
A breakout above the trend line would cause ELFBTC to rally to about 138%
I expect to see a breakout to the upside.
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VET is basically free money.This is a beautiful and clean chart and that's why I'll let the chart do most of the talking.
So to keep it short and simple:
- didn't make new historic lows
- we had an accumulation range
- broke out of range on high vol
- first tiny resistance became support
It doesn't get more clean than this.
I'm targeting 187 sats (the 0.5 fib).
However you could play it more conservatively and aim for 167 sats.
Cheers.
VeChain- Can we break out?After #Vechains recent news & updates price is at our key resistance again. We need to break the Key resistance to confirm a bullish trend and the end of the sideways market. If we manage to break out this would be the targets to watch for! (Marked as T1,T2,T3)
Im no financial advisor
VETBTC Breakout and SignalVETBTC has had an interesting price breakout from its bottom. We expect a follow on movement with a short term potential gain of 29% (targets 1 and 2). This scenario is invalid if the price drops back to pre-breakout levels so this gives us a natural place for our stoploss.
Buy: 130 - 133
Target 1: 156
Target 2: 172
Target 3: 191
Target 4: 217
Target 5: 245
Stoploss: 116