💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion:
". Buy on Neckline Breakup."
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308% pips profit...
Total Profit: 308%
Closed trade(s): 162% Profit
Open trade(s): 146% Profit
Update Details:
Closed Profit:
TP1 @ 0.012550 touched at 11.17.2020 with 25% Profit.
TP2 @ 0.015250 touched at 11.23.2020 with 52% Profit.
TP3 @ 0.018600 touched at 11.25.2020 with 85% Profit
25% + 52% + 85% = 162%
Open Profit:
Profit for one trade is 0.017340(current price) - 0.009988(open price) = 73%
2 trade(s) still open, therefore total profit for open trade(s) is 73% x 2 = 146%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.023000
TP5= @ 0.027900
Vetusd
#Vet daily chart look so strong vet look like breakout zone and as soon as hold upper 0.02216 i can see the big move to 0.0350
look powerful
VETUSDT can breakout the next resistanceHi friends, hope you are well and welcome to the new update on Vechain.
More than 74% rally:
In my previous article, I said that the VET has completed the bullish setup for the breakout and I was expecting up to 60% rally. Finally, the pricelline of VET broke out the resistance of wedge and rallied more than 74%.
Different support and resistance levels:
After the breakout the price action of Vechain also broke out the $0.013, $0.015, and $0.018 and at the moment it is trying to breakout the next resistance at $0.021. In the meanwhile, the priceline of VET has also broken out the simple moving averages with the time period of 25, 50, 100 and 200 as well.
Exponential moving averages:
On the long-term weekly chart the price action has also broken out the exponential moving averages with the time period of 10 and 21 and using them as support very well before starting the next rally to the upside.
Ichimoku cloud:
On the long-term weekly chart the price action of Vechain has already crossed up the bearish cloud and now it has good support of conversion line and baseline and bullish cloud as well.
Priceline has broken out the resistance of new wedge:
On a small time period 4-hour chart, the price action of Vechain formed a falling wedge and now broken out the resistance therefore, it can make another attempt to break out the next price level resistance at $0.021.
Conclusion:
After breakout from the new wedge, the price action can even breakout the $0.021 and can make a new high at $0.03.
Vet/usd bullish continuation patternQuick vet update: it looks to have formed a hidden bullish divergence on the four hour meaning continuation likely. I still like my .022 target for now. Good luck y’all!
VETUSDT (Resistance Zone Breakout )#VETUSDT Technical Analysis Update
Resistance Zone Breakout
VET/USDT currently trading at $0.0192
LONG ENTRY level: $0.0183 to 0.0193
STOP LOSS: below $0.0173
Resistance level 1( Target 1): $0.0213
Resistance level 2 ( Target 2): $0.0240
Resistance level 3 (Target 3): $0.0270
Max leverage: 4X
ALWAYS KEEP STOP LOSS...
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VET 12h Will Buyers Continue to Grow?A month has passed since the previous idea was published.
The quality of its development, of course, is something you can evaluate.
The minimum VET cost was $0.0115 , with the forecast that if buyers have serious plans for VET, they will not allow the price to lower below $0.0105.
The buy out of buyers was very sharp and confident. For a week, the VETUSDT price made almost x2.
The price stopped before the historical price high of the VETUSDT trading pair.
What do we get next?
Now we don't know for sure whether there will be an altseason or not, so we assume several scenarios:
1) if the current growth continues, then in the near future the VET price will rise above $0.0210 , then the update of the high $0.0230 and $0.0255.
Global growth target , provided altseason around $0.0470
2) the zone $0.0136 - 0.0175 can be called neutral. And if the price goes down there, it will be necessary to understand in more detail who dominates in the protocol: sellers or buyers, and to calculate the future price movement.
3) Sellers will gain control over the chart only after the price is firmly fixed below $0.0136 . Then it will be possible to more seriously consider the scenario of the possible formation of a global double top with a base of $0.0089
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VETUSDT about to break out or continue trading this range?This 3-day chart is providing some clarity on what could happen next for this coin.
0.0143 has been holding like a champ as support but price has been trapped within this level and resistance 0.0174 which is the highest monthly close since the low of 2020. I have been harping about these levels and heralding breakouts that have not happened but I am sticking to my guns here. A weekly & monthly close above 0.0174 could be the signal the whales are waiting for here so let's see if we see it soon. I do have resistance levels around 0.020 - 0.022 but I think 0.0174 is more significant than those two, IMO, in terms of medium to long term positioning.
Price action indicates we may be looking at a leg up from these prices, especially if the current candle closes near its high.
See chart below without the distractions.
VET COPYING THE 2015 - 2018 BITCOIN PLAYBOOKvet looks very similar to the bitcoin 2015-2016 playbook
will it continue to match the path or will it find a more vigorous, or less vigorous path
notice three valleys and a retest of the breakout
this is where vet is at the moment
what do you think of the resemblances
not financial advice
VeChain VETUSDT - 2 x bullish flag + next 400% bull market- 2x bull flag on the chart (on the weekly + daily candles)
- This coin is ready for another huge pump to the upside
- The price is above 200 daily moving average (we established this MA as support)
- If you check weekly candles, you can see very bullish hammer this week
- ABC correction is done and now i am expecting the biggest 3rd impulse wave
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
VETUSDT (Waiting for the resistance zone Breakout)#VETUSDT Technical Analysis Update
Waiting for the Resistance zone Breakout
VET/USDT currently trading at $0.1580
LONG ENTRY level: above 0.01600 (only enter long after the resistance zone breakout in 1-hour chart)
STOP LOSS: Below 0.0151
Resistance level 1( Target 1): $0.01660
Resistance level 2 (Target 2) : $0.0178
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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