We are so close now 🚀🚀🚀Vechain has been in a strong bear market since the middle of 2021 and I think we've hit the bottom most part of Vechain's channel.
We had a recent huge drop wick from 0.021 down to 0.013 and then an immediate retracement back to 0.021 signifying strength and support in this area. The beginning of a bull market is exactly what I expect in these months leading up to Christmas 🎄 🎁
Vetbullish
Teasing a breakup to new price discovery!I think we're so close to something big happening or an altcoin season in my opinion. Ever since the Ripple lawsuit by the SEC that Xrp is now considered not a security. This cannot be reverted. No appeal is going to change that decision so literally I believe this is the beginnings of the altcoin season and we're on the verge!
Patience for a new bullrun any moment.. and we can see that sentiment with mutiples of different crypto ready for big moves in this space, examples such as XLM, TRX (Tron), Flare, Songbird, Vechain, Pundi X and tonnes of others waiting for new price discovery. Ticking timebomb!!
VET/USDT 2HOUR UPDATE Welcome to this quick Vet/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- vet/usdt analysis is ascending triangle ready and green zone fast by the dip.
Entry:- $0.11646.
$0.11840.
Traget:-
T1:- $0.12197
T2:- $0.12509
T3:- $0.12823
T4 :- $0.13470
Stoploss:- $0.11174
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Vechain makes a bullish bounce!CHART OVERVIEW
VET/BTC - Weekly Chart - Binance
CHART DRAWINGS
On the chart are key resistance and support measured by the Fibonacci retracement. Also with the Fib circle tools, you can see where the price has found support and resistance.
ANALYSIS
Vechain has bounced out of the 0.5 Fib circle and from the 0.5 retracement line. This shows confluence towards more bullish action.
CONCLUSION
The week isn't finish but it would not be suprise me if Vechain restest the high of august 16th at 00000.305. Vechain was a powerhouse before the crash, fundamentals remain the same, no reason to not see a strong bull run coming soon, price action is indicating a breakout from this pivotal point of the 0.5 retracement and fib circle, the week is not over but as long as Vechain stays above the 0.5 fib line (0.00000254) the price is on the bullish side.
What do you guys think? Are you bullish or bearish?
*Disclaimer: Not professional financial advice, only invest based on your own research!
Vechain primed for a bullish breakout!ANALYSIS
On the VET/BTC we are in a potential inverse head and shoulders pattern on the daily timeframe. The final shoulder has yet to be confirmed so this pattern could fail to complete. Interesting VET has landed on a support trend line formed since early February.
TARGET
Target would be 0.00000637.
Disclaimer: Not financial advice, just amateur observation.
Let me know what you guys think, could this play out?
VET next possible moves?So VET has been acting the way we supposed... BUT
there has appeared a new resistance area .89-.85
right now we can test the area again and VET can of course bounce to the yellow resistance line.
But it can also break down and check the trendline...
On the chart, you can see possible scenarios that could happen...
In the long term, VET is still in a bullish trend!
Feel free to check my other ideas :)
VET pullback overPrice bounced after hovering around 200 4hr ema for awhile. Looks to have bottomed. Look for 20 & 50 ema cross soon for confirmation. VET sold off hard as BTC pumped, But with continued consolidation after its breakout VeChain should get another chance to shine here along with other ALTS. Further breakouts by ETH or BTC could quickly slow rallies