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Vetbtcbuy

VET BullishVET bullish breakout from descending triangle. We had both a MACD and EMA cross on the 4hr chart prior to the breakout. Shorter term, like 15min and 1hr charts are less bullish. The current 4hr candle needs to close above the triangle‘s top line and our next candle will confirm the breakout. Longer term charts are extremely bullish. VET/BTC looks to have bottomed and turned up as well. We should see resistance around 0.024¢/ USD, could be a chance to reload. My current price target is around 0.031¢- 0.035¢ especially after a long consolidation. There’s a huge sell wall at 0.04¢ so expect a large rejection before continued bull run.
BINANCE:VETUSDLong
by MambaTrader24
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.
Long
by MavericcCap
#VETBTC ANALYSIS.. In the #VETBTC daily chart; We observe that the T3 curve and Vortex form the BUY signal, we can say that these two indicators work well together from past to present in #VETBTC.. Ma50 is important resistance, must be followed carefully.. For those who love risk, I think # VETBTC is worth watching.. Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk.. I wish you all the best..
Long
by OguzhanSengor
VET/BTC TA Update (good bounce play?)VET/BTC VET must hold a price level between 47-34 sat levels in the coming days or week to keep this bullish setup in play. VET bounces off at previous key support level and if this second time around will trigger a good buying opportunity, the price could rally back up to 64 sats before facing strong resistance trend-line. To invalidate this bullish analysis, if the price closes below 34 sats, it will negate this current market structure and longer consolidation is likely to happen.
Long
by PolarHusk
VET/BTC - target perspectiveHello guys, thanks for reading this analysis! VET/BTC is a beautiful chart currently. We broke out with heavy volume and ripped all the way up right below the 0.786 Fibonacci Yet it seems we are consolidating for the next test to the upside. Why? 1. The RSI (14) is completely overbought, yet it seems like it won't cooling off, it looks more like the opposite at the moment. 2. We have support from the 89 MA which is a good indicator for changing trade directions. 3. The Volume is amazing: High green volume candles and low red volume candles. This means that many people are interested to buy at the moment, but not many people that want to sell for now. IF we can get above the 0.786 Fib (99 Sats) we can see this as our confirmation to test the 0.618 Fib (150 Sats) which is the most important one, because we failed the last rally there so this means it has the most confluence in it. Once we broke the 0.618 and consolidate above we can say the bear market is over! Take this chart as your help to find entries and exits. All Fibonacci's will play an important role and you should take my red boxes as places to sell or to re-enter. Be safe, be happy, be healthy, Kami
Long
by KarimSubhieh
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