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Vetusd

VET pushing for ATH and price discovery!after having a short cool off VET has started to move again aprx. 5% upwards and we have no resistance left until the ATH. Our ichimoku cloud bringing us support and is starting to curl to the upside, Stoch RSI is around the middle of the neutral zone. When we reach our ATH i think we have a chance of getting rejected the first time but we should be able to breakthrough on the next ones. Creating a new ATH and putting VET back into price discovery mode! NFA just my opinion
BINANCE:VETUSDLong
by JacobR905
Update Vechain(VET) Explosive Move New ATHs 30% Gain to $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 :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet
Vechain cooling off for nowWe saw an aprx 10% dip for vechain today but i believe we are just seeing a little cool off after a big run up. We are seeing price action touched down at the bottom of our ascending channel but has rebounded back up, currently we are pushing to come back above our support at 0.0737. I think short term we could see possibly a drop down to the 0.0709 support. our Macd has turned bearish for now and im looking for it to cross back over. EMA ribbons are still carrying bullish momentum and as of right now are starting to point a bit sideways and the ichimoku cloud support has been a little light but is still bullish and pointing up now. Overall still very bullish on VET just thinks it needs to cool off like it has been doing before continuing to fly up. Not Financial advice just my opinion.
BINANCE:VETUSD
by JacobR905
VET cooling off before next move.Vechain is looking like its cooling off a bit after our big run up. Im looking for the bulls to hold this support line we are currently holding, i believe we will we have nice support printing from the ichimoku cloud and our EMA ribbons are carrying us and pushing up with bullish momentum. The Macd is looking very bullish its starting to slightly point sideways like we are seeing with our recent candles. The stoch RSI is coming down from overbought and is about to enter back into our neutral zone. We could see some accumulation along this support for a little bit but if the bulls boost price up and keep us trading inside our ascending channel there is a good chance we will fly back up to our ATH levels. NFA just my opinion.
BINANCE:VETUSDLong
by JacobR905
1
VET/USDT - Bullish W pattern approvedHello traders and community, today we will tell ourselves shortly about the situation of VET/USDT Trend analysis - As you can see from the VET/USDT daily chart , the price of VeChain is going upward cause of double bottom formation (white line) and already tested resistance level (first red line), that's why we can expect bullish movement in the following days with 70 % probability. I recommend to put long positions (possible scenario on the chart), but only when you see correct signal for this movement. Today's resistance level is on 0,072683 price level, support level is on 0.059543 price level and global trend stays bullish. Wish you good luck with VeChain! Chart pattern - Double Bottom pattern (processing) Technical indicators - RSI: market is still in boarders and is located near 69 level (not overheated, Neutral signal) - MACD: MAs are prepared for upward movement + they get away from each other (Bull signal) - BB: Volatility of the market started increasing after range movement accomplished (Bull signal) - MA (10,20): MA10 is higher than the level of MA20 and going upward (Bull signal) = Overall bullish signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Long
by PrizesRises
Vet UPDATE 13 Ema about to cross up 50 SMA March 02 2021 Update 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 :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet
2
Super bullish on vechainVechain is continuing to push higher highs and creating new ATHS, we are pushing the 1.2 Fib level and imo I believe we will see a breakthrough soon and continue to our next FIB level, vechain is in price discovery mode and theres no sign of any bearish movement, the MACD is looking extremely bullish and almost pointing straight up! If we see any dips or little corrections i imagine the bulls will buy it up in a heartbeat and keep pushing price up! NFA just my Opinion!
BINANCE:VETUSDLong
by JacobR905
2
VET must hold support!The bulls are coming in strong and buying up this dip and holding our previous ATH support. Looking like a bit of a cool off after our big recent run, we could see a little bit of accumulation on the support line and slightly above but believe we are going to see another strong move up in the near future! we have got very strong support all around with Ichi Cloud and EMA ribbons point up! Our stoch RSI is coming back down from overbought and like i said possible accumulation but ultimately to go back up! Not financial advice just my opinion.
BINANCE:VETUSDLong
by JacobR905
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 :)
by P_S_trade
27