Vetusd
VET correlation with ADA is uncannyJust a quick follow on to my previous chart (see linked chart). VET and ADA have been in lock step for years. It's only been the past few days where Cardano has gone insane (in a good way ... :) . Now, VET is making it's move as well as it enters its third wave.
If you found value in this post or you've been receiving receiving good value from my posts, I'd appreciate a Thumbs Up and a Follow if you haven't already done so. Thank you.
VET - Lets have a look at the 3 dayI saw an earlier chart post that stated VeChain my dip. So let’s do my own take on it & look at the 3 Day Chart…….. because i quite like the look of it. VET is still well within the Bullish Zone of the Ichimoku cloud. It is still above its The Conversion Line (Tenkan Sen), Base Line (Kijun Sen), 50EMA, 100EMA and 200EMA levels. The RSI is showing that momentum is downwards at the moment & the ADX DI SMA is showing that VET is still in a longterm uptrend because the ADX (Yellow Line) is at 44.4, the +DI (Green Line) is at 17.9 above the -DI (Red Line) which is at 7.6, but note that the ADX is slightly under its 10 Period SMA (White Line) which is at 42.8. The Ichimoku Cloud Conversion Line (Tenkan Sen) & Base Line (Kijun Sen) are both moving parallel sideways indicating we may be seeing some consolidation. Around the same level as the Conversion Line (Tenkan Sen) is also where the Bollinger Band Middle Band Basis, so that is an area to keep an eye on as you would always want the 3 day candle to close above that Middle Band Basis. VET has bounced off the Pitchfork Median Line twice in a row this timeframe, indicting strong support at that level. At the moment of typing this, VET is under its Ichimoku Cloud on the 1hr, but still above it on the 2hr so its best practice to keep an eye on the other timeframes to check that there is not a cascading downwards effect happening on the timeframes. If VET does break down through its Pitchfork Median Line then it may find strong support from its Conversion Line (Tenkan Sen) because it has bounced off that level twice previously. If VET does drop further, then the most i think it would drop is a Wick down towards the 50EMA on the 3 day but it wouldn't stay there. If you follow the ways of the Ichimoku Cloud like i do, you can see that the Lagging Span (Chikou Span) on the 3 day is still well above the Previous Price from 30 Periods ago. VET is also quite a distance away from its Hagopian Line so there is no fear of VET crossing that any time soon. I still believe that VET is completely undervalued & is a sleeping giant that once woken will melt faces & any dip should be used as a chance to accumulate more at a cheaper price. From my point of view, unless VET closes below its Pitchfork Median Line on the 1,2 & 3 day charts, then i’m still longterm bullish. I hope this is helpful.
$VETUSDT - Uptrend inside this channelHello everyone!
Vet has to close above the previous high at 0.3536 to continue the uptrend.
If a breakout is confirmed than VETUSD will go further to $0.4000
The closest support is 0.32180, closing below this support might signal the downtrend and a confirmation of a double top pattern.
VETBTC to 150 sat then 300 satsNOT FINANCIAL ADVICE . I don't follow price action on VET or own any VET. I am charting this based on request so here we are! I do not care what the usd value is as much so I will chart the BTC version. If we can break 154 sats then 300 should come easy. If we break 300 sats then the sky is the limit.
VECHAIN ABOUT TO SNAP!!! CHECK PRICE TARGETS BELOW 😍😍VET - Vechain 💸
° if you like my analysis, please follow, like and share!😍
Just one more analyses before bedtime! So back at VET, which I'm investing in for a long time! AAANDDD it's about to snap!! It won't take too long, tonight, tomorrow.. for sure it'll be this week! Also rsi is squeezed, showing it'll pop soon!
° price targets (based on Fibonacci)
1. 0.046
2. 0.060
3. 0.070
4. 🌙
I'm not saying, sell at these price targets, but these are the levels where you can see a potential pullback, always HODLLLL!!!
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).
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.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
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.
-------------------------------------------------- -------------------------------------------
** 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....