Uptrend formationVetchain is forming a uptrend. be aware for a large selloff. large selloff or a technical revers will send vet back to the downtrend.
Vechain recently announced co-op with Alibaba and Mastercard. should be very bullish.
Vetchain
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.
VET Pump VETs been held down by larger coins but a lot are starting to hit resistance and will most likely stall for awhile before taking off again. MACD Cross in hour time frame. Bullish on multiple time frames. VET will move over .02¢ soon
VET BullishMACD crossing on shorter time frame, positive EMAs. Longer time frame EMAs starting to cross, price usually likes to bounce off of it. Still bullish, VET should breakout to new all time highs after its long consolidation period.
more upside to VET (Vechain)Higher highs in last trading hours and doble bottom appears on RSI.
Strong signe for more short-term upside
VET/USDT (Daily Uptrend Continue?)VET/USDT
-a bullish breakout above the resistance area
-broke the 200D MA also
-new higher high on the daily
-trading priority is back to the bulls
-upside potential is up to 0.0084
-key stoploss is below 0.0048
VET/USD - delayed altcoin.Prepare to rise from 0.49 level
Looks like a level breach.
It's important that today's day close above the level.
Cancel the longitude by break-down level 0.49.
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Short-term VETUSDT may go downwardBull trend is broken. Price is in 0.57 - 0.50 band. If price down further more, downward trend can gain more power. And we may see the short term goal which is 0.50.
If I want to buy some of VETs, I will wait for price break to the EMA 34 upward.
#VET: 40% Profit Potential in short term!!!VeChain (#VET) is an up and coming blockchain platform aimed at serving the logistics sector and the Internet of Things (IoT). The new blockchain was launched in July 2018, offering a swap of the older VEN token for the VET digital asset. VeChain is a dual-asset platform, with an elaborate system of staking nodes paying out rewards in VeThor (VTHO).
In a short to midterm, VET is currently on reversal trend which already started to go up. Currently on short term pullback. It has major support at 86.
Critical areas to watch if buying pressure is strong at 88, 89, 90.
Short term Target at 123.
Easy buy opportunityWith Tim Draper behind VETchain I still see a lot of growth coming for this chain. They are working with some pretty large investors and these guys aren't trying to get rich quick. This is an asset I can see jump back to a penny no problem. I have dropped $500 USD on this just to see where it'll take me down the road. I wont hold it for the long term but as a 6 month to 12 month trade I will take advantage of a low entry such as this zone. My entry was .004420 I have no SL since I am only investing a small amount. At its current price of .0051 you can grab close to 100k of them right now. Something I would have LOVED to have been able to do with our XRP buys lol. Unfortunately I didn't have that 2017 opportunity with XRP. But why not try with this one?
Tim Draper is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, and Draper Associates. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring (company), Twitter, DocuSign, Coinbase, Robinhood (company), Ancestry.com, Twitch.tv, Cruise Automation, and Focus Media. In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road marketplace website. Draper is a major proponent of Bitcoin and decentralization. Draper Dragon (draperdragon.com) is invested into VEChain, owned by Tim Draper. What truly caught my attention to throw some cash at this was the data processing for agicultural growth. This is the field I am building my career in. So this is what really has my money in it. I personally might make an approach to contacting this team to get more details on the roadmap for this. Here is the source: www.vechain.com
You are looking at a Billion dollar market growing....would you take a chance? Tell me your thoughts on why you would or wouldn't invest or trade this asset. Thanks all! This is something I have eye'd for a few months now and just now decided to get in.
VETUSD continuedGot my bags in..just drawing up another idea for everyone.
:)
Order status in at: .0044 and .0045
