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Vetusd

Another resistance has been broken out:Hi friends, hope you are well and welcome to the new update on Vechain. Another resistance has been broken out: In the previous article, we have seen that the price action of Vechain was expected to breakout the resistance of $0.021. Now finally, the price action has broken out this resistance and now trying to break out the next resistance at $0.026. The simple moving averages with the time period of 25, 50, 100 and, 200 also formed an opened alligator mouth below the price action that is also another strong bullish signal. The breaking out the wedge produced bullish divergence: As in my previous post we have seen, that the priceline of VET broke out the resistance of falling wedge pattern. This breakout invited many traders to jump into the Vechain and they started buying and took the priceline to the final resistance at $0.026. This is a key level resistance, if it will be broken out then the price action can even touch the $0.10. However, the next powerful bullish rally depends on breaking out of the $0.026 resistance level. After break out: A strong rally after breakout: The EMAs on the long-term chart: On the long-term weekly chart, the price action is using the exponential moving averages with the time period of 10 and 21 as support very well before starting the next rally to the upside and these EMAs are also moving slightly to the upside with the priceline to provide firm support. Ichimoku cloud is still strong bullish: 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. Conclusion: The priceline of Vechain is in the control of bulls at the moment, but once the key level resistance of $0.026 will be broken out then it can be a big invitation to many traders. And then we can expect a rally even to the $0.10 as well.
by moon333
1
Vechain, where are we headed? Short Term?We can see here that we are repeating where we have already been, here on the left. We can see here that we should at least continue to consolidate until we make another breakout up until this yellow horizontal line where our arrow is pointed (0.005) . * ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
VLong
by DreamBIG90
2
💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion: ". Buy on Neckline Breakup." ---------------------------------------------------------------------- 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
Long
by ForecastCity
12
💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion: ". Buy on Neckline Breakup." ---------------------------------------------------------------------- 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
Long
by ForecastCity
11
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.
Long
by moon333
3