March deadline for Vechain. Do or die!We expected a sooner breakout for Vechain to higher levels based on the charts, but instead Vechain broke down continuing the downward trend to our lower support & final support. If Vechain breaches this last resort, all hope in this project will be dead.
It appears mid-march is the area of rebirth.. or the death of Vechain. Time's ticking.
Vetforecast
#VET/USDT 4Hr UPDATE !!Hello, dear traders welcome to this VET/USDT 4hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see from the above chart, VET/USDT is currently trading conform triangle pattern, and the upper side brake and retest the trendline
is bounce sand target almost 70%
Entry:-$0.03084,$0.03150
Target:-70%
Stop-loss:-$0.02890
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#VETUSDT looks prime for 350% Rally!Welcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to VET/USDT 1day chart update by CRYPTOSANDERS
As we can see at the above mentioned chart that vet/usdt currently trading inside the channel and broke the blue MA and currently facing green MA as a resistance .
So here we are expecting that vet will reject from the green MA and mov e down to green zone and bounce.
We can take entry if it moves down to green zone which will be the confirmation for long trade position.
entry:-$0.05639,$0.06803
target:-300% to 350%
stop-loss:-$0.04434
with laverage 5x to 10x
Sorry for my English it is not my native language.
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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
VET/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- VET/USDT is a bullish falling wedge pattern conform and retest and buy the green zone
Entry:-CMP and green zone
Traget:-25% to 30%
Stoploss:- $0.04600
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 language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Vechain primed for a run!!Today we are looking at Vechain on the daily timeframe and one thing is pretty clear... we are ready and looking for a run to the upside, VET has seen a steep decline in price since mid November but that doesn't change the absolute brilliance and expanding business of this project! I am personally looking to pick up some more Vechain adding to my current bag around our current price and also if we see a little bit further of a drop. I have drawn out a buy zone that i am personally looking at, from where we are right now to the bottom 0 FIB level at just about 7 cents USD (0.0069). Looking at the BJ Key levels we are currently coming down turning a couple key levels back to resistance but more of what i looking at is the level directly above the 0 FIB, this represents strong key support and gives us a likely chance to see a nice bounce and reversal. Checking out the MACD we are looking okay but not very bullish as of right now, the histogram has had a tiny green cycle but is now on the way back down to the midline, now we could either see a push into a red cycle or we can likely see a bounce and another green cycle, what we want to see is an increase in green bars day by day showing a rise in bullish momentum, the blue MA is trailing back towards the orange where we could either be looking at a bearish cross or a fakeout and bounce, think we are very likely to see a bounce sooner than later due to the current downside we are facing! Checking out the RSI we are looking at a potential bounce here aswell, we are currently sitting right on the yellow simple moving average coming in for support for us and this spot also gives us an opportunity for a bounce, the main goal here is to make our way upto that midline and ultimately reclaim it, this is the most important step because it allows us to reclaim a confirmed uptrend, being stuck below the midline keeps us in a confirmed downtrend and being above and holding it puts us back into a confirmed uptrend! Not financial advice just my opinion!
Vechain ready for a run!!?Vechains daily candle today is rising fast and currently sitting around a +10%, we are looking very bullish if this price action continues and we could be seeing the beginning of a breakout for VET! We are currently trading inside of a bullish triangle where the chances of us breaking out to the upside is likely, especially when you look at our current spot in price, we are sitting above the pivot point where if we can close above could send price action flying upwards likely shredding through multiple major levels on the way. As far as resistance goes we are looking at the pivot point we are currently above and then the top of this bulllish triangle, the 0.6 FIB level and then the R1 resistance apart of the pivot points! for our support we have quite the cushion underneath us we are looking at the midline on the bollinger bands (if we close above today) uptrend support coming from the bottom of our triangle, support at 0.08 cents, and support at 0.069 cents! Looking at our bollinger bands we notice that price action is sitting right below the top band, if we can make the push today to close ontop of here we could be looking at a big run to the upside, even if we take a couple days to do so a close ontop of this top band is going to be very bullish! Our MACD looks good we seem to be starting another bullish run here, the histogram came way down but todays green bar is significantly bigger than yesterdays, showing us a rise in the bullish momentum, and if we can continue this on day after day then we are looking at another bullish cycle. The MA's are a little bit squeezed together which we would like to see that separation, but the blue MA is starting to bounce and seems to be reversing and ticking back to the upside, this is exactly what we want to see here and ultimately continuing this on creating that big separation making it more difficult to trigger a bearish cross! NFA just my opinion!
Vechain Ready For a HUGE Run!!Looking at the Vechain/Bitcoin chart we have recently seen a great breakout to the upside, we were stuck in a clear descending channel since mid august and have finally broken through the top and i personally think this is just the start for this VET run! We are currently right on the 0.2 FIB after testing it for the 3rd day in a row and the break up and above is looming, i would love to see a push up and a daily close above this FIB level flipping it back into support and getting that boost to keep going upwards, a break above here would open the door for an absolute key target which is the pivot point, this is so important because if we get a close above this level we are set for a true pivot/reversal to the upside, with this level not far away it is very doable and could happen this week! Another explosive looking indicator we should talk about is the bollinger bands, we have been touching the top band for 3 days in a row now and the grab on and ride up is absolutely imminent, i believe that a break above this 0.2 FIB level will ignite this move on the bollinger bands since our actual candle body will be directly on the top band! Plus with our bands a lot more squeezed than normal an explosive move is coming and the bollinger bands doesn't actually indicate which way it will go but i think we all have a very good idea of which direction that is;) a very doable conservative target with all this bullishness is the 0.5 FIB which is our highs from mid august, after that we do have many key resistance points but i won't speculate too much and that will be for a later TA! Now the squeeze momentum indicator we are seeing something absolutely huge! Now we do have to wait until daily close to get the confirmation but it is our first green bar on the histogram in quite some time, without counting the super small green bar in the middle of our 2 red cycles it is the first since mid september! Now if we continue to see bullish price movement and continues increasing green bars we will be moving into a bullish squeeze shown by the black crosses and then eventually a bull squeeze release which almost everytime sends us flying to the upside! of course if the cycle is big enough with lots of momentum and with the looming altseason i think that is exactly what we are due for! Not financial advice just my opinion!!
Vechain Possible Hidden Bullish Divergence!!?Looking at Vechain we have recovered nicely off of the little correction we had and we are starting to push back up towards our previous high at 0.16c shown by red horizontal ray, but the main thing i wanted to discuss here is the very possible hidden bullish divergence that could play out in the coming days/week/s. This pattern is a continuation pattern of the current trend we are in and could keep pushing VET to the upside. Before we get into this possible outcome lets discuss the bollinger bands first, the main thing we notice is the squeezing of the bands which means volatility is shrinking and we are set for an explosive move in a matter of time, now the bollinger bands don't indicate which way but that is why we use other indicators to try and determine that. we are holding the midline quite strong and its looking like we will continue too after todays daily close, and keep in mind with the bands so close to price action a little pump could ignite a massive one if price action grabs onto that top band! Now the hidden bullish divergence, what we are looking for and we are already seeing is higher lows on the price chart which is shown by the green uptrend line and then lower lows on the oscillator and in this case i am using the stochastic RSI, look at the yellow horizontal ray, that line shows our previous low and what we are looking for here is a fall below this level and a creation of a lower low, similar to the path ive drawn on the Stoch RSI, the path shows a likely scenario because we have support down there shown by the green horizontal line, but we could see this play out anywhere inbetween the green and yellow horizontal lines and anywhere in that area would be valid for this divergence! and with the stoch rsi just having a bearish crossover this could play out perfectly, on the price chart we still have a bit of room to fall down along with the stoch RSI we just have to make sure price action keeps on making higher lows which can be seen by following the green uptrend line, if we made a higher low on the green uptrend line that will definitely be enough for the stoch RSI to fall into that zone we talked about and then go on to make that lower low. Now something key here is when we look at the RSI we see that we are falling a bit along with the stoch RSI which is completely normal and we are coming up on the midline in a bit and now this is where the hidden bullish divergence CONTINUATION comes into play, we are currently in an uptrend shown by being above the midline and we want to stay above here when the stoch RSI makes that lower low to complete the divergence pattern and the continuation part goes hand in hand with us being in a confirmed uptrend. And when we talked about having room to fall on both price action and the stoch RSI the same thing goes for the RSI, we definitely have room to fall along with both of these other factors and we can likely see ourselves getting a bounce off the midline which is currently support (as shown by path) and then continue back upwards, it really looks like we could see all of these get that bounce which we need for this to complete the pattern and the beauty is that all these indicators play into eachother and follow eachother so that gives us more hope that this is really going to play out similar to how i have it layed out! Then pair this divergence pattern along with the squeezing bollinger bands and we could definitely have ourselves a huge catalyst for a mega breakout to the upside and a continuation of this uptrend! Not financial advice! If you have any questions don't hesistate to ask i will do my best to explain further and answer in good time! Cheers everyone this is very exciting!
VET looking for takeoff!Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at like a fakeout, the end of this triangle brings us into the beginning of august and thats when id say alt coins are going to really takeoff. Looking at the RSI we are pretty low in the confirmed downtrend half almost to the oversold zone, we are slightly pointing upwards and look like we are ready to see a bit of a climb upwards to atleast the midline at 50. We could see a rejection at first and then sort of repeat that cycle until the markets are ready to move (august imo) once we do get the momentum to smash through the midpoint on the RSI it is crucial not to jump to bullish positions until we see that confirmed, we need the confirmation before we can say we are in a confirmed uptrend. looking at the Wave trend oscillator we are coming to the bottom of this wave i would say almost bottoming out in the buy zone, we should see a smooth ride back up in this next wave which hopefully could bring us out of this descending triangle, maybe not this wave but i would say in the next couple bullish waves we see. One crucial thing to keep in mind is that we got to stay away from that bottom bollinger band as we could definitely see a significant fall if we start riding the bottom band, we are currently getting stuck underneath the midline and for the past couple weeks can't seem to break through it with multiple candles getting stuck right below it. a very positive scenario would be on this next bullish wave on the wave trend pushing price action above this midline and into the more bullish side of the BB, aswell the same thing with the RSI! Not financial advice just my opinion!
Vechain (VET) - 3D. We are waiting for the test of the ATHThe unstable situation in the cryptocurrency market , a sharp change in investor sentiment and fear of the continuation of a total fall in prices motivated us to update our global forecast for the Vechain coin . We remember that in a completely opposite situation on the market, when everyone believed exclusively in the continuation of the cryptocurrency market without corrective growth, we published our previous VETUSDT market forecast . Below you can check How clearly the idea worked (the result of the market fall by more than 70%):
Today we decided to continue looking for relevant mid-term scenarios and built a new fractal . Of course, it is unreasonable to rely only on a part of the schedule that is somewhat reminiscent of the current situation. Therefore, below there will be other arguments for such a positive scenario.
We'll start by looking at the 4 hour timeframe . As you can see in the chart, buyers are carefully holding the price and increasing their positions in the range of $0.66-0.75. Even if we assume that the VET market will continue to fall, then the correction of the previous fall wave is still incomplete:
The increase in trading volumes in the range of $0.66-0.75 and the unsuccessful attempt of sellers to gain a foothold below this liquid zone indicate that the consolidation in the VET market has not yet been completed. From the local perspective, we expect the price to rise in the range of $0.116-0.12
Given the strength of the previous wave of decline, the continuation of the medium-term upward or downward movement of the VET price is impossible without increasing positions by market participants. Therefore, by mid-summer, we will expect further consolidation in the VET market.
If we analyze the VETBTC chart , we see that sellers were trying to gain a foothold below the global range 0.000002-0.00000236. However, their attempt ended with a false breakout:
The current attempt by sellers to break through this range looks much weaker, which signals the weakness of sellers in this price range. As a result, a consolidation triangle is also formed on the VETBTC chart
Fixing the price above the 0.000002-0.00000236 range will signal the beginning of a new wave of growth in the VET market.
An alternative scenario of a complete collapse of the VET price, we will consider only when the price fixes below $ 0.05
Very important close for Vechain!!!VET has been moving sideways along the 0.2 FIB level for some time now and seems to be getting dragged along with a big part of the market. We do really need to see a daily close above this 0.2 and hopefully see some bullish momentum bring us upwards. We look like we are getting stuck on the middle line of the bollinger bands and aswell holding the 0.2 FIB very strong. also the BB's are squeezing down on our candles and we could be loading up for a big move if we continue like this, could be bullish or bearish though. The reason i think this daily close is so important is because if we don't hold the 0.2 thats bearish in itself then we add on the chance we start riding the bottom band on the bollinger bands which almost everytime results in a pullback. The RSI keeps shying away from the 50. point and we are currentlly slopping downwards, we need a full break of the 50. point and a hold to be considered in a uptrend again. the MACD is bullish as of right now but we see the Blue MA starting to curl downwards coming towards our orange and we could be seeing the beginning of a bearish cross. I am overall very bullish on Vechain as a short and more long term project for sure and i definitely look to add more when i can. if we do by chance see a little pullback i imagine we won't go further than the 0 FIB level where we touched during that big correction. Not financial advice just my opinion!
VET big move coming soon!!?Vechain has fully broken out of the descending channel and now in the past few days we are seeing nice momentum pushing the 0.3 FIB level. If you look at the RSI, we're seeing an approach to the 50. point, if we can see a full break of this level we will be in a confirmed uptrend and we all remember what vechain did at the beginning of march this year! Also looking at the MACD we see a buy signal put out the other day and now starting too see a confirmed bullish flip of the Blue and Orange MA's, plus looking like 2 green bars on our histogram and we haven't seen that in quite some time. I think if we see a bullish close today above the 0.3 FIB we have a good chance of gaining a lot of momentum to launch us to the 0.5 FIB and beyond. Not financial advice just my opinion ps. everything also depends on BTC
VET ready to breakout!!?Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the descending channel and the 100 day MA i think VET will start to explode once again like we saw a little while ago! Our RSI is pointing down slightly around the oversold zone and we have lots of room to run up to that midpoint line, for a full uptrend we need a confirmed break of that 50. point! The zero lag MACD looks very bullkish with our lead heading up and a start to a confirmed flip bullish with our blue MA ontop of the Orange. Very Bullish on Vechain as a long term project too i love the tech and real world use cases they are providing and could definitely see VET as a top tier crypto project in the near future, their partners are quite impressive and big institutions are really starting to realize what Vechain can provide and bring to their businesses! Not financial advice just my opinion!
VET - 6h. Critical point for growth - the range of $0.16-0.17 Nothing is impossible. It was with this slogan that VET sellers lowered the price by 80% from the all-time high. A powerful wave of decline in the VET market tested the liquid range in which the price was trading back in February 2021. It is in the range. of $ 0,05
buyers set the previous all-time high. It was at this historical high that we took a fractal that worked perfectly in our previous idea:
Sellers managed to push the price even below our global target o f $0.07 . As a result, all the profit that investors could have earned within 3 months disappeared in one day. Of course, this is at best.
However, the sharp rebound of the VETUSDT price from the mark of $0.05 and the unsuccessful attempts of sellers to update the local minimum proved the strength of the coin. Our short-term scenario for the VET price movement is positive. We expect the price rebound to continue after the panic fall with the target of $0.16-0.17 . For a confident continuation of growth, buyers should not give up control of the mark of $0.104 . After a successful test of this mark, a good chance will open up to buy this coin with low risks. The loss of this mark will send the VET price towards the trendline and question the strength of the buyers.
___________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
VE CHAIN VET CLEAN TECHNICAL ANALYSIS Looking at ve chain here on the 4hr time frame.
- Focusing on the outer structure and the bigger picture play happening with this coin we can see price has previously had a major impulsive leg to the upside reaching its most recent all time high.
- Since then price has been corrective in a bearish trend with price forming a symmetrical testing and respecting the trend lines on the upper and lower areas of the structure,
- Most recent price action shows that price has rejected the second touch of the outer triangle and had made an impulsive push to the lower part of the structure.
- Price is now currently in a bear flag continuation pattern. I am anticipating price to make a third touch to this pattern before making the continuation to the downside where there is a high probability of price testing the fib support area near the green box.
- There is also a possibility that price may confirm support at this current fib level located at the orange box area, after price may confirm support from these areas we may see and impulsive push to the upside if price breaks out of the symmetrical triangle.
VET - 12h. In a step before a powerful fall wave?Hello everyone. For almost a month, the VET market continues to consolidate, in which market participants are trying to gain positions before the next impulse. The main question that arises for us is in which direction will this powerful impulse , which is about to begin to emerge? On the one hand, we see a powerful wave of growth, after which a shallow correction began. This fact indicates a high probability of the continuation of the growth trend.
However, if you pay attention to the history of the VETUSDT price movement, you can see a similar situation in February 2021. On the chart, we copied the fractal from this segment of the chart and transferred it to the current situation. As you can see, this scenario looks quite realistic. In addition, if we build a global growth channel, from which the VET price jumped out in April 2021, we see a likely collapse of the VET market can stop at the lower trend line:
If we look at the situation and ignore the fractal, we see that the VETUSD price is preparing to exit the triangle . The lower trendline of the triangle also serves as the trendline of the growth channel, which buyers have been holding since February 2021. The current wave of growth, within the triangle, is happening without much enthusiasm from buyers:
This can be seen from the trading volume and the growth pattern. The breaking of the lower trend line of the triangle will trigger the triggering of a large number of stop orders of buyers who bought VET during the previous 2 months. This volume of long positions, which starts to sell at the market price, could trigger a powerful wave of decline with the first stop at $0.17.
If the triangle is broken upwards, we will wait for the retest of the mark of $0.22 . If buyers after the breakdown of the triangle upwards hold this mark, this idea will become irrelevant and it will be necessary to buy VET.
P.S. Our previous idea for Vechain had two scenarios. So far, buyers have failed to implement a positive scenario.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
VET 1D Will it increases +200% again?Two months ago we published an idea for a VETUSDT pair that the price can do +200%
And she did, even more, breaking through the channel upwards in which the price of VETUSD moved for a year and showing the result of +400% - +500%
Further, is even more interesting , the annual channel has confidently broken through up and even managed to test the strength of the channel base with a squeeze.
Now the daily candles are showing a consolidation above the $0.220 level, not really reacting to the BTC straits
If this trend continues, then we can expect another +200% increase in the price of VET
Is there a strong fundamental news background behind the Vechain project? Please write about it in the comments.
We consider the level of $0.17 to be the critical point. Fixing the VETUSDT price below this level may start a correction to the $0.75-0.95 zone.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Vechain(VET) Explosive Move New ATHs 30% Gain to $0.10Vechain parabolic move towards $0.10
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET 12h Will there be enough strength to grow to $0.077?An interesting picture emerges on the VETUSDT chart
On the one hand, the VETUSD price renewed its maximum and tested the $0.06 level for strength from above. That is, the path to the top is open for at least one more impulse to $0.077
On the other hand, it seems to us that this growth is very difficult for buyers.
If the VET price drops below $0.06 , then in our opinion it is better to forget about the long for a while, since a strong fall with the first global target of $0.033-0.035 may be activated
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)