VETUSD Vechain Almost Finished Consolidating. Volume Picking UpThis has a bit more to go to take out resistance at the top. It should break the top in the next few days if BTC can hold above 55800. The volume is picking up and institutional money is coming in (see the red at the bottom mcdx indicator). Get your alarms ready or set a buy order for the next 5% retracement, it may be the last one before the run up.
Vetusd
VET/USDTTrading suggestion:
If it breaks the 0.222 resistance we can buy it to achieve those targets that I determined
Buy few in one Step now next if break the resistance buy step two at 0.222 to complete your buying ✌
DO your stop loss 2 if you want to hold ! in long term but if you want to invest short term put your stop loss1
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VET BET12 HOUR. Now that we've just about reached the neckline, we can anticipate the handle forming on this cup; touching $0.25, cooling off, and then $0.030. $0.172 is the most important support to hold if we're to continue, don't worry. Speculating Elon Musk's scheduled SNL appearance pumps all of crypto, the event just happens to fall where our handle belongs. I will never short my top holdings, this is one.
VETUSD 4H broke out the wedge patternVETUSD 4H
It broke out the wedge pattern.
If the close can higher than pattern and have short upper shadow. (less than 1/3 body)
The stop loss at red line (0.1820).
1st target will be 1(0.2798).
If the close can higher than 1(0.2798).
2nd target will be 1.272~1.382(0.3352~0.3576).
3rd target will be 2(0.4834).
VET breakthrough?VET has been consolidating for the last couple weeks now.
it has created a horizontal channel and has made a double top pattern while testing the resistance line.
let's see what happens but for now, bullish.
VET BET12 our, long term. Setup nicely for a bullish inverse head-and-shoulders. Lows to $0.172 are tolerable, and price should return to the neckline at $0.22. Break above green neckline: $0.30 Target.
VET Vechain/USDSlightly adapting & analyzing this amazing project/pair.
at the end it's a market, you gotta adapt to the price action.
as shown, a really nice heading upward on the up-trend line.
3 touches so far, might be the last one.
altcoin season. Eth needs to cool off now, BTC dominance at 45%
VETUSDT, Needs a strong breakout then growth. VeChainHello my friends, Everything is clear on the chart for you like always. So monitor the price's behavior in the circles and oval as o strong resistance zone witch the price must break it to growth. Good luck.
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Cup and handle forming, bounce off trending supportCup and handle pattern is forming on VET, we can see the handle forming now, with a bounce off two support lines (trend line & .5 fib). We do have .618 resistance line that we haven’t been able to break through. If pattern pushes us through, we could see new ath soon!
VET - Looks good (As you asked)VET looks like it's trying so hard to break resistance.
If you're into opening long positions, wait until a breakout first. it happens after the closure of the first 4H candle above the resistance area.
After that conformation open your long positions.
⚠️ 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 🎲
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VeChain (VET) - May 2Hello?
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(VETUSD 1D chart)
You should watch for any movement that deviates from the 0.19129250-0.25429895 segment.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls, you need to make sure you get support in the 0.17029034-0.19129250 range.
If you go down at 0.17029034, you need a short stop loss.
If you go down from the 0.12828604 point, you can touch the 0.09410614 point, so you need to trade carefully.
If the red of OBV on the volume indicator does not increase, it is expected to maintain an upward trend.
In the CCI-RC indicator, it remains to be seen whether the CCI line breaks above the EMA line.
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(VETBTC 1D chart)
We have to see if we can get support and climb at the 350 Satoshi point.
If it falls, it remains to be seen if it can gain support in the 316 Satoshi-350 Satoshi section and climb along the uptrend line.
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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)
Expect Big Vechain Move Soon!Vechain has been moving sideways for a little bit now and i believe we are going to see a very big run up in the near future! Vechain is currently looking to breakout of a wedge, we are getting very close to the apex of the wedge and I think we will see a break soon. We are getting great support from the Ichimoku cloud, we are still seeing thicker clouds being printed and I think we are going to continue seeing it! Aswell we are seeing great bullish momentum from the EMA ribbons, we are starting to see some spread on the ribbons with 0 signs of slowing down! Our MACD has recently flipped bullish and I believe once we see a breakout of the wedge I think we are going to see a very strong push up possibly up to our 0.2 FIB level! Very bullish on VET overall, Not financial advice just my opinion!