VETUSDT (VECHAIN) - BIG MOVE ANALYSIS 🔎
- VETUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2), fibonacci extension levels.
- Downtrend ⬇️: Horizontal support levels (S1, S2, S3).
Vetusd
VeChain - Yep!........ still undervaluedWhile ADA does its thing and continues to make me nice profit, let’s have another look at the most undervalued Crypto ever. A Crypto with a client base that would make any FTSE100 corporate salivate with jealousy. At the moment of typing this, if we look at the daily chart, VeChain has found support from its Conversion Line (Tenkan Sen). If we cannot close this new daily candle above it then we may wick down to our 50EMA or possibly its Base Line (Kijun Sen) which has acted as strong support 3 times over the last 10 days, so if we do wick down, it looks possible we won’t go below the 50EMA, But that is if we cannot close above the Conversion Line (Tenkan Sen) or the Bollinger Bands Middle Band Basis on the daily. The Lagging Span (Chikou Span) is inside the wick of the Price from 30 Periods ago which is indicating possible uncertainty or possible sideways trading. The RSI is at 55 indicating Sideways momentum. The ADX DI SMA is showing that the ADX (Yellow Line) is at 17.5 and has crossed back over its 10 Period SMA which is at 16.5. The +DI (Green Line) is at 16.4 and the -DI (Red Line) is at 7.7 indicating an uptrend but it is a weak uptrend because the ADX is at 17.5. A real show of strength will be if VET can close above its resistance at $0.035 and turn that into strong support. I'm not to sure on the dates but i believe that VeChain has an upcoming update called PoA 2.0 SURFACE Consensus Algorithm which will apparently enable VET to make millions of Transactions TX a day. Like i said, I’m not to sure on the release date, but i think its sometime this year so if anyone can confirm, please let us know. I still feel that VET is the most criminally undervalued crypto in the ever, and seems to have gone completely under the radar of most. VET is a blockchain that is actually being used by real companies in real world situations. Maybe once the PoA 2.0 SURFACE Consensus Algorithm goes live, we’ll start to see larger movements upwards. Even at $0.03, i still think VET is an absolute steal 💪. I hope this is helpful 🙏
VeChain ScallopsVeChain idea containing four scallops
Some descending some ascending
While in a rising wedge this is a weak indication of a bearish move
Some chart patterns aren't respected as much, or seemingly have different success rates as others
Personally I think this is pretty bullish, fundamentally
VeChain (VET) - Februray 2Hello?
Dear traders, nice to meet you.
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We have to see if we can get support at 0.028812 and ascend above 0.031621.
If it is supported at 0.028812, it is a new entry point.
However, since it is near the peak, short-term response should be possible when entering.
We need to see if it can rise along the uptrend line (4).
If you go down at 0.026771, you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line (3) and go up.
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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 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 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 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
VETUSDT(Falling wedge breakout)VETUSDT (4H CHART) Technical Analysis Update
Falling Wedge Breakout
VET/USDT currently trading at $0.0280
Buy-level: Above $0.269 - $0.0282 (Wait for the small retracement)
Stop loss: Below $0.0241
Resistance l;evel 1 (Target 1): $0.0352
Resistance level 1 (Target 2): $0.0400
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
VeChain - Criminally UndervaluedSo let’s have a look at the most criminally undervalued crypto EVER. A Blockchain that is everything most if not all other cryptos aspire to be, and has a client base that would make any corporate gasp with Jealousy. I’m talking of course about XRP........ 🤣 only kidding 🤣. At the moment of typing this, VeChain has found support at its 50EMA on the daily chart, slightly below that is its Ichimoku Cloud Base Line (Kijun Sen) which is also potential support. The RSI is showing sideways momentum. The ADX DI SMA is showing that the +DI (Green Line) is at 11,7 & the -DI (Red Line) is at 10.9 so an uptrend but it can switch over. The ADX (Yellow Line) is at 16 so that is showing its a weak uptrend. The ADX line has also dropped below its 10 period SMA (White Line) which is at 16.6. If the Price stays above the 50EMA the we can easily cross back over the SMA after a bit of consolidation. The Lagging Span (Chikou Span) is inside the Price from 30 Periods ago, so this shows uncertainty in the market or potential sideways trading. Our Bollinger Bands Upper and Lower Bands are both pointing inwards indicating VET may consolidate with a potential rise up to the Middle Band. This all depends on if VET can stay above the 50EMA and the Base Line (Kijun Sen) on the Daily Chart. If VET does drop further than it may WICK down to its 100EMA but i don’t think it will stay there. I believe VeChain has a very bright future, it is the only 5 Star rated Blockchain in the world and is actually being used by multiple companies in real life situations from Walmart China to Covid tracking, so speculation isn’t even an issue. What i find crazy, is that people are willing to put $1,000 on Bitcoin at $42,000 or $1,000 on XRP at $3.5 on speculation, but will pause & are less willing to put $1,000 on VET at $0.025. The way i see it, anything you accumulate under $0.1 for Vechain is an absolute steal. Let me tell you this, I swapped all my XRP for VET when VET was $0.009 and I’ve never looked back. It might be best to wait to see if this Daily Candle closes above the 50EMA before rushing in for a Long position as there might be better lower entries if VwChain WICKS below the 50EMA and Base Line (Kijun Sen). I hope this is helpful & good luck 👍
VETUSDT (VECHAIN) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- VETUSDT is testing the ascending trendline support.
- Price action is printing a descending triangle pattern.
- We could see a bounce off the ascending trendline support as an uptrend continuation.
- We could also see a breakdown below the ascending trendline support as a correction.
POSSIBLE PRICE ACTIONS
- Uptrend continuation⬆️: breakout above the descending triangle's inclined resistance and the horizontal resistance level (R1).
- Correction ⬇️: breakdown below the ascending trendline support and the descending triangle's horizontal support.
TARGETS 🎯
- Uptrend continuation ⬆️: swing high horizontal resistance (R2), fibonacci extension levels.
- Correction ⬇️: Horizontal support level (S1), fibonacci extension levels.
$VET looks vicious againSorry for the awful alliteration but VET looks a good buy
Similar chart to $BAT which we posted earlier, which is up a good 15% now, both have broke a range and a wedge
Confirmation on close above,
Target of 0.40 cents, very good R:R here,
Also, BTC looks more settled and if it hold 33K this will fly!
Enjoy....
Pitchfork on VET after ATHWe can see that after the ATH we went back to the strong support of around $ 0.123.
After this VET started ascending in the pitchfork inner channel.
Curious to see if we stay in the inner channel or if there is gonna be a break downward.
Please feel free to comment and correct my analysis as I am just beginning and this is the first analysis I post.
This is not advice, DYOR.
Vechain VETUSD BULLISH!We Are Looking At VET On A 4HR Time Frame
Vechain Is On A Aschending Channel Up To Micro Wave 5 Target Of Around 0.04 Before We Break The Channel Into And Consolidate. This Is 100% Gain From Previous Bottom With Head And Shoulder Breakdown.
-Market Is Showing A Lot Of Strength
-RSI Is On A Upside Momentum
-Ascending Volume Will Fulfill Our Price Target
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VET 1D It's time to correct downSince the publication of the previous idea , the price made good +60%.
Also, the VETUSDT price tested the past historical high for strength.
At this stage, it is more likely that it need to make another rollback down before updating the high.
The liquidity zone of $0.0155-0.0175 will act as a magnet for correction.
In previous ideas, we wrote that the chart shows a strong interest in the coin. However, at the moment we have not found any news that could help break the historical high upwards.
Nevertheless, we will consider the long scenario for trades if the price confidently fixes above $0.0336.
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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 - Could be approaching uncharted territoryAt the moment of typing this, if we look at the Daily Chart, VET has recovered from its correction that it had after making a new ATH on the 6th Jan. VET is at the upper band of its Bollinger Bands and has found strong resistance there. If VET makes it to a new ATH over the next week or so, we will be in uncharted territory. If VET fails to get above its previous high, it will possibly drop back to its Middle Band of its Bollinger Bands, which wouldn't be a bad thing as the price could consolidate for a more few days and attract buyers at a lower price. The RSI on the Daily Chart is indicating that VET still has room to move up before becoming overbought. In a worse case and unlikely scenario of a major reversal to a downtrend this week, VET has its 50EMA, 100EMA and 200EMA levels, as well as its Ichimoku Cloud Conversion Line (Tenkan Sen), Base Line (Kijun Sen), Leading Span A (Senkou Span A) & Leading Span B (Senkou Span B) as potential support levels. I hope this is helpful with your trading or hodl-ing.
VeChain - VETUSD Long price targetHope some people have taken benefit from the 1st analysis on Oct 8th as per below. It has taken longer than expected but has played out exactly as anticipated. Patience is key.
NOW Next target and possible but opportunity.....
Expect price to pullback and retest 0.01480 level before continuing the bull run and aim 0.02247118 in the coming weeks as the 1st target.
Please note, this setup is for long term investment and not intraday trade for me.
VeChain (VET) - January 19Hello?
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.
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New High was updated by breaking above 0.027990 point on this chart.
We must see if it can rise above the 0.031621 point.
The volatility around January 26th should be observed to see if there is any movement outside the 0.028388-0.034854 range.
If it falls at 0.026771, it is a short-term stop loss.
We do not recommend new investments as they are located at too high a price range.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for 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 conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
VET/USD - 70% gains possible on leg 3 towards ATH!VET is in the middle of leg 3 ascending towards $0.05 which would put us at the top of this massive wedge. After that I expect us to correct back to around $0.03 and move once more up on leg five.
Currently we are at the resistance level of $0.03 which is likely to be broken as we move up. Watch the price action here closely and if we push higher that is a good place to long if you are not already in a position.
Indicators + volume also show bullish momentum, so my bias is bullish at this moment.
Like and follow if you liked this idea!