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Vetusd

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 $0.033-0.035 may be activated _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
27
VET SMASHED THROUGH KEY RESISTANCE LEVEL Vechain has absolutely smashed through this key resistance and flipped it to support, Ichimoku cloud still printing support pointing slightly up and the EMA ribbons are really starting open up and point up with Bullish momentum! The Stoch RSI is in overbought territory so what we could see is a little dip down in both price and RSI but i believe it will get bought up pretty quick and we have a good chance of holding our new support, in that scenario afterwards we will start to see price rise again creating new levels of support! Not financial advice just my opinion.
BINANCE:VETUSDLong
by JacobR905
(update) VET can possibly reach 0.12$Hi every one VECHAIN / TETHERUS This is only an update on the VET which we made an analysis earlier ! so as you can see the triangle pattern has been broken by the VET/USDT price so we can hope that VET move upward as much as the measured price movement if this movement happens, VET can reach around 0.12$!! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
14
Vechain in upward trend |Testing previous double tops ! | Hi Traders, We are looking at the 1 hour graph of VET/USD. As we can see, the trend is going upward for around 10 days now. Possibly testing the previous double tops in the next coming days. When it breaks the previous tops, we could enter into price discovery. Vechain's idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users. The traceability goal could solve the problem of "fake products" in this world. Which is huge. This is not financial advice, I am not a financial advisor. Thanks.
BINANCE:VETUSDLong
by Aroundthesun
4
VET giving a hint of the direction to follow - Altseason 2021Market rhymes. By looking at some coins we see structures repeating and accomplishing the same pattern. We call that fractals. VET is front running alt coins and is showing what could happen to a lot of them. Here is my list of coins that I hold and that have the same srtucture to follow (and didnt pop) : YFII, XTZ, CRV, SXP, ONT, REN. Avax have the same kind of structure but even more violent. A lot of other coins should be in this list but those are my favorites.
Long
by The_Father_of_Crypto
Update for VET We have rejected off ATH resistance but are still comfortably holding the Top of the FIB retracement, i think we could possibly see some accumulation as we go to try and break the ATH and enter into Price discovery mode. Once we break this ATH we could see a continuation upwards creating new support levels. Stoch RSI is coming back down out of the overbought areas so we could see a little bit of sideways/ downwards movement but i believe it wont last for long before we go back up. NFA Just my opinion
BINANCE:VETUSD
by JacobR905
VET/USDT can move upward after a little bit of correction!Hi every one VECHAIN / TETHERUS the VET/USDT chart shows that the price is in an ascending triangle which means the price can increase as much as the measured price movement but only after the breaking of the triangle and also there is a regular hidden divergence (-RD) which suggests that the price would experience a little bit of correction and than starts the upward movement! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck.
by CobraVanguard
24
VeChain (VET) - March 7Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 0.045285-0.055976 range. If it falls, you need to make sure you get the support at 0.050631. If it falls between 0.042613-0.045285, a short Stop Loss is required. If it gains support in the 0.055976-0.058648 range, it is expected to lead to further gains. The next volatility period is around March 15th. -------------------------------------------------- ------------------------------------------- ** 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. Hence, the interpretation is the same as the traditional 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 published by oh92. (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 are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
VET looking super bullishVechain looking great holding support at the 0.2 FIB also holding the ascending channel. 0.2 fib is a crucial level for us right now if we break below it some downside is likely, the ichimoku cloud has shifted to printing support heading up and the stoch RSI is close to being in oversold areas. I think we are likely to keep heading to the upside looking to break that 0 Top FIB level and ultimately keep following the ascending channel upwards. once we break that top FIB level our next goal would be to break that key resistance area and continue the climb up creating new levels of support. Not financial advice just my opinion!
BINANCE:VETUSDLong
by JacobR905