Vetusd
VeChain (VET) - December 3Hello?
Dear traders, nice to meet you.
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We need to see if we can break above the downtrend line (2) and get support at 0.017119.
If you break through the downtrend line (2), you are more likely to touch the downtrend line (3).
However, if you fail to break above the downtrend line (2), you may fall below the 0.013970 point, so you need to trade carefully.
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** 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 trading. You should trade from a short-term investment perspective.)
Long term Vet predictionHello,
As you can see VET broke out of a downtrend.
It will take some time to go up again to levels where he was before.
First of all I want to show the uptrend that is going on.
Trendline straight up.
ALso the EMA is showing some positive sings.
A: most likely it will go this path (no financial advice).
B: if A doesn't work out immediately and it receives some resistance it will bounce a little in this area and then break out.
C: total rejection and it will go to lower resistance lines again
D: bullrun scenario when BTC goes down and Altcoins will boom.
All indicators show VET will rise long term.
But besides that there are many other reasons.
VET has a lot of big plans going on in 2021 and 2020 was also a beautiful year for them.
My personal outcome for VET in bullrun after BTC dominance goes down:
it will get to 0.4$, possible to max 1$.
Why not +1$?
calculate yourself, supply x price = market cap from +1T, is impossible.
Feel free to comment, add or question.
These are also my first releases on tradingview and I'm still learning a lot.
Thanks for reading
and please leave a comment/your view about VET!
VET BULLISH (70%+ GAIN)BITFINEX:VETUSD
Looking at VET we've recovered nicely from the previous bearish cycle (shown with the purple channel).
The orange circle is showing the EMA20 crossing over the EMA50 which we know is the beginning of a bullish period.
The awesome oscillator shows a steep rise in market momentum as price increased, however be wary of the current red lines. If those continue getting shorter it'll confirm the pull back and a drop can be anticipated to around $0.012 (this would likely also be confirmed with the EMA50 crossing back over EMA20). Although, if those lines stay tall or turn green we can anticipate a another big jump.
My price prediction is currently at $0.0245.
VET 12h What surprise is the project preparing for us?VET buyers have become very active in the last two weeks.
In fact, either sellers at the last moment, or the BTC fall managed to stop the VET growth at a critical level.
Above $0,0188-0,019 begins the territory of full ownership and control of buyers.
It will be interesting to observe the manner in which the VET price falls over the next few weeks.
And if the entire fall stops at $0,0105 , then it will be possible to think of a super bullish future for the coin.
But more about it in the following ideas.
Therefore, like and write a comment so as not to miss all the fun)
VeChain VETUSD - Key Levels to watch for Buy opportunityKey zones to buy VETUSD or VeChain.
0.0085-0.0095 has been historic resistance on many occasions. Expect this level to be respected as a support going forward for the next leg up.
Also, break of the descending channel will confirm the setup and will resume the bull run that started around Apr 2020.
#VETUSD Long Term Hold Idea!VeChain is a blockchain platform designed to enhance supply chain management and business processes. Its goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT).
- #VETUSD has retested previous resistance and it now stands as support!
- Looking for VET a potential 1000% gains!
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VETUSDT doing the fake false breakout move...Just when you thought this was another fakeout, the market gives you the fake fakeout. :)
Sometimes we see stronger moves after a double fake like this.
Bulls will want to see a close near the high for today's candle. A probable higher high after that (>.012).
VETUSD bottom is near or bottom is here? Looking at the daily chart, yesterday was a retracement of a strong rally that started November 4 and right now a second leg up may be forming. Will this be just another 2-legged rally before another leg lower or is this a rally that will start a bigger rally to re-test the ATH? As always, we shall see but depending on how today's bar closes, we could see another attempt at 0.012 and maybe higher. To achieve that we need a daily/weekly close above that descending resistance trendline marking a potential wedge bottom structure.
VET USDT | 1D chart | Long position | 44% profit + entry
BINANCE:VETUSDT
The price is more likely to hit the resistance one more time
Entry Price: 0.010377
Take profit: 0.015076
Posible gain: 44%
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Vechain (VET) Has Broken Out The WedgeHey friends, hope you are well and welcome to the new update on VeChain Coin.
On daily chart the priceline of VET coin was moving in a falling wedge. Finally the price action has broken out the resistance of this pattern. The volume profile is showing very low interest of the traders in the area where the priceline is moving therefore the price action can move more up in the area where the trader’s interest is strong. Once the exponential moving average 10 will cross up the EMA 21 then a further bullish momentum will be confirmed and move buying volume will be entered.
On the long term weekly chart after a strong bullish move the priceline is retraced at 0.618 Fibonacci retracement level an likely to re-test the ichimoku bearish cloud as support. The conversion line is moving down to form bear cross with baseline but lagging span is again moving up therefore we can expect that soon the conversion line will be moved up that will be strong buying signal for the long term rally.
On the daily chart different short and mid term support and resistance levels can be seen. The priceline is moving between $0.011 and $0.015 support and resistance level. At the moment candlesticks are trying to breakout $0.015 resistance. Once this resistance will be broken out then a move upto $0.018 resistance is expected very soon.
Conclusion:
As the price action of VET coin has broken out the resistance of wedge but the buying volume is not as that much powerful that can give us confirmation that it is not a fake-out. However, if we will see the weak buying volume with continuity and the EMA 10 will cross up the EMA 21 then we can have the confirmation of a firm breakout. And in case of this bull cross between these two EMAs 10 and 21 we can expect a rally upto $0.018 very soon and in case of breaking out this resistance the price action can move upto $0.021 powerful resistance.
VETUSDT Weekly Inside Bar Forming at SupportLast week's candle was a bullish pin bar. We might see another bullish pin bar this week, along with a possible inside bar pattern
Little choice for the market but to break out. Question is, which direction? :)
PS. Still a few hours to go before the weekly close so let's see if we do see an inside bar pattern here.