VeChain VET with enough power to break MA Ribbon?VeChain VET with enough power to break MA Ribbon?
This daily MA Ribbon is more than well respected.
The RSI shows room to grow before reaching the resistance.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
VETUSDT
VET - can buy it with these TPBYBIT:VETUSDT
1H trend chart
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VET has broken out the triangle and it is testing Fib1
If price can take out 0.0961, trading strategy as below.
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Profit Targets:
a) 0.0996~0.1010----Fib(1.272~1.382)
b) 0.1040----Fib(1.618)
c) 0.1089----Fib(2)
Stop losses:
a) 0.09275-----Red horizontal ray
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VET Big Symmetrical Triangle reboundVET/USD (Daily)
Bullish Case
- Uptrend Support Line being held, seem to have found Support between $0.07-0.08 area which is previous supports and range for a while now.
- Symmetrical Triangle intact.
- MACD/Signal and Histogram reversing
- RSI low and reversing.
- Bullish Divergence with RSI.
- Market Cipher B shows a Big Bullish push-up with a print of multiple Green Dots printed at the lows.
Bearish Case
- Can see further drops to the next lows at $0.055-0.06
Thoughts?
VET/BTC 300% Potential from here If Break Resistance..?#VET/BTC TA Update:-
#VET is also Looking good and Bounced back from Support level.
Try to catch between 170-180 Satoshi
1st Target as per chart is 231 Satoshi (36% )
After If break upward 240 Satoshi then I can expect 500 Satoshi will be my 2nd Target (200% )
And if hold 250 Satoshi + then My Last Target will be 700 Satoshi ( 300% )
Stop Loss:- 149 Satoshi
Support:- 165 Satoshi
Resistance:- 240 Satoshi
VET APEX Triangle (Recovery?)VET broke out, as you can see in my chart. RSI rising and it's above the support line which i drew base on weekly timeframe (VET often bounce off from that level, giving traders more confirmation on a up trend). VET charts is really beautiful with APEX triangle bullish pattern, sadly it broke down due to to BTC dump not long ago. I'm looking for a possible price movement back into the APEX and consolidate for awhile before breaking out of the APEX. Very bullish for VET.
Analysis VET/USDT on Daily chartRSI is slowly moving towards 50, which indicates a possible upmarket. The Heikin Ashi indicator is also showing green blocks (indicator below). Which also confirms we're most likely looking at a possible uptrend.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator is forming its 9th bullish signal for the 1 day chart in 2021. Six out of 9 signals, the price indeed went higher with a Monster Trend on March 2021.
Supports and resistances are displayed in grey. With below the price a strong support.
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
Vechain | Bottomed Out..!!
#VETUSDT (Update)
Falling Wedge Formation in Daily timeframe Chart.
Some decent volume coming in too!!
Looks like Massive Upside Breakout is about to happen so Fasten Your Seat Belts.
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Long on VETI think we are about to see a pump out of VeChain.
Indeed RSI is in the 'buy zone' and I believe we are approaching the bottom. Linear Regression candles also started to flip green which is a good sign but we need confirmation of uptrend with a green candle above the white line.
I would not like price to go below the strong support at $0.056 even though we could see a wick to that level. We might see the start of a W pattern just like we had in previous months.
When the bounce occurs, I expect price to go back up to at least the 0.5 fib level at $0.16 or top of the channel at $0.17 for a potential break and retest of the triangle line. I think if we break white line on RSI we should break through the triangle, if not we could come back down and consolidate some more inside the yellow triangle pattern.
What are your thoughts?
VETUSDT - BULLISH SIGNAL UPDATE!!As you all know, VET is not performing well from last 8 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. Vet has announced many (revolutionary) upgrades pending for their block-chain.
Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Signal Strength Ratio: 85%
Happy Trading :)
Good Luck!
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Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
VET/USDT idea. Two outcomes (Descending Triangle). Thoughts?Blue outcome is the most plausible. There will be better time to BUY in the near future.
Summary: We're not going to a new ATH here. Not yet. Price stays in the triangle for now.
Price might increase on the short term but decrease in the medium term. What do you think?
VET last time we made 186% impulse UPBINANCE:VETUSDT
Vechain looks pretty solid! We bounced on D timeframe from downtrend FIB line, almost retest fundamental price (green line)
Stochastic and RSI showed capitulation and we laying down. Last time when we saw this VET make a impulse move up in a few weeks and made 186% in this case we possible can see 0.768 level by fib and reach 0.23$
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