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.
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Vetusd
VETUSDT Longer term analysis VETUSDt trade corrected to -161.8% Fib and still in consolidation range in yellow zone area. Trade will move up as consolidation period will be finished. Next target will be 435% Fib ($1 level) with some kinks and pull backs. You can enter for buy position in purple supply zone or near -161.8 % Fib (0.07- 0.1 level). Technically trade will go up. For longer term investment purposes, you can hold VETUSDT for handsome profit.
VET will rock out again ... think away from the loss ✨3 bullish signs for midterm:-
1- on the weekly time frame we can see that the global trend hasn't broken yet.
2- we already corrected 82% lower from its ATH since this bull run. so what lower than this we can see ??!! A 100% low ??!
3- will reach 16 cents first all ways, if we will bullish will touch 16 n breakout n if it get worse it will get to 16 cents resistance first then will go lower.
what should be done:-
1- if u r planning to sell wait for 16 cents to get the lower loss as much as u can n sell there, however I don't prefer to sell.
2- if u r planning to buy more, buy under 10 cents is amazing price n try to buy on parts if it went lower n leave 50% to buy when we get a confirmation.
3- we will be testing this support one more time I think so a good time to buy there.
4- DONT EVER THINK ABOUT LEVERAGING OR FUTURE POSITIONS ON THE CURRENTLY SITUATION.
5- if we closed this week candle above 14 cents so we r bullish.
VeChain (VET) - May 21Hello?
Dear traders, nice to meet you.
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(VETUSD 1W chart)
(1D chart)
We need to see if we can get support at 0.12828604 and get off the downtrend line.
If it falls from the 0.12828604 point, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
In order to turn to an uptrend, it must rise above 0.17029034 and gain support.
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(VETBTC 1W chart)
(1D chart)
We need to see if we can get support from the 316 Satoshi-350 Satoshi section and get off the downtrend line.
If it falls, it remains to be seen if it can gain support at the 248 Satoshi spot and climb along the uptrend line.
If it declines at 248 Satoshi, Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 221 Satoshi point.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
VETUSDt entered in purple supply zoneVETUSDt trade corrected to -161.8% Fib as I predicted. Next we are going to see consolidation period in yellow zone area. Trade will move up as trade consolidation period will be ended. Next target will be 161.8% Fib. you can enter for buy position in purple supply zone or near -161.8 % Fib. Best of Luck.
$VET @ 1.618 FIBvechain challenging the 1.618 fib channel level
not easy to find assets performing like this.
ask your financial advisor about vechain to see if it is right for you
some people who trade vechain have experienced euphoria, depresssion, denial, shock and anxiety.
trading vechain is not for everyone
VETUSD 12HPrice has reached the powerful ascending trend line, which price has made very strong moves off in the past. Price has also retested previous resistance as new support structure, which aligns with the 50 fibonacci retracement of the last major impulsive movement. Price is now showing signs of slowing down at the key support zone, showing signs that buyers may step in to start a new impulsive stage & resume the uptrend for a new potential higher high next towards 0.35000 ...
$VET SetupSuper simple setup - crypto is usually that way. It's a symmetrical triangle coming from upside - so bias is to the bull side. Only looking to play the long side in this one. It breaks out above 0.248 today - that point slopes down every day by about 0.002. Remember to look for the daily close as confirmation. Price targets are 0.300 and 0.325. It will break down below 0.154.
Vechain Bull Flag!!Vechain has been in a bit of a cooloff and bullflag since our huge run up, we had a false breakout of the bull flag and we are approaching the bottom also the 0.5 FIB level. I would like to see VET hold this level for our daily close tonight and start to push back up, as you know BTC will drag everything down but once BTC starts to settle ALTs are going to takeoff. We must watch the bollinger bands as we do not want to start riding the bottom band which is very bearish, BTC is actually already riding the bottom band and is falling pretty hard. The RSI bounced off the 50. point line but looks like we are starting to curve up a little. If we do fall hard with BTC i will be buying the dip i think Vechain is a crypto for the future! The MACD is falling but we are seeing some resistance from the red MACD lead, we are starting to even out and point sideways, we want to see the Blue MA flip the orange bullish to get that confirmation of a move up. Not financial advice just my opinion!
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.
VeChain could do thangz!VETBTC lookin very bullish and cant hide its potential hidden bullish divergence on the daily any longer. To me its lookin like reaccumulation at very high price levels, with a sell wall at 400 sats. If VET can manage to break the resistance, it will most likely go straight to the previous ATH and hopefully break it. Im in this trade shown above right now and just wanted to share it, before it moons like my harmony trade/post.
VET - Wyckoff Method -6 hourbased on the Wyckoff Method, you can see that we are in Phase C of accumulation.
the "spring" period misleads retail traders who believe a price breakdown and a lower-low are imminent.
Test - The Composite Operator test the price for the last time. If there is a considerable amount of supply, the market is not ready to "take-off" and test may be on the way.
We will need to break the Last point of support, which is resistance at the current price
Once we break the All-time High, we should expect the price to pump towards .30 cents for the first target.
I will update once i get more information after breaking the first resistance.
As always:
Do your own research
Do not trade on emotion, execute logic and willpower
Question the trade, Entry Points/Exit Points, and question your greed.
It is a game, do notlet it play you.
Buy safe entries, never buy FOMO pumps. Safe entry points are unlikely to get retested and but are insanely profitable.
Cut your losses quickly -5%, hold if worse than that. Better yet move money into a different coin you are currently holding.
Keep gains bigger than losses and you will succeed.
Buy the rumor, sell the news
VETUSDT is preparing to launch to the moon!After news that made VETUSDT fail to make a Head and Shoulder pattern, VETUSDT made a big retracement, to the second-lowest Trendline. It can be seen that even though VETUSDT made a big retracement, VETUSDT is still in Bullish Trend, and it can be seen that there will be Head and Shoulder coming up tomorrow or the day after tomorrow. So, let's get ready to board this rocket before I have successfully predicted that ADAUSDT will go to the moon, so let's go VETUSDT, as one of the most promising coins with low carbon emission, FLY TO THE MOON. The rocket will go to the first target shown by the orange line. After that VETUSDT will continue its journey to the moon.
VET - Looks Strong (As your asked)VET looks very strong.
It's getting support based on Fibonacci, Lower Bollinger Band and also the Static support areas.
The price might go into consolidation or a little correction but once it crosses the resistance areas, you can open your long positions.
Don't forget that you have to wait until we get a 4H confirmation above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
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.
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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!
VeChain another channel & another run?Vechain is one of the projects I really believe in, this one will change the entire supply chain system around the world.
It ensures product quality, which is something that most of businesses need, like 99.9%.
Dollar cost averaging into this one is the best Long Term Investment.