VET ready to breakout!!?Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the descending channel and the 100 day MA i think VET will start to explode once again like we saw a little while ago! Our RSI is pointing down slightly around the oversold zone and we have lots of room to run up to that midpoint line, for a full uptrend we need a confirmed break of that 50. point! The zero lag MACD looks very bullkish with our lead heading up and a start to a confirmed flip bullish with our blue MA ontop of the Orange. Very Bullish on Vechain as a long term project too i love the tech and real world use cases they are providing and could definitely see VET as a top tier crypto project in the near future, their partners are quite impressive and big institutions are really starting to realize what Vechain can provide and bring to their businesses! Not financial advice just my opinion!
VETUSDT
VET - 6h. Critical point for growth - the range of $0.16-0.17 Nothing is impossible. It was with this slogan that VET sellers lowered the price by 80% from the all-time high. A powerful wave of decline in the VET market tested the liquid range in which the price was trading back in February 2021. It is in the range. of $ 0,05
buyers set the previous all-time high. It was at this historical high that we took a fractal that worked perfectly in our previous idea:
Sellers managed to push the price even below our global target o f $0.07 . As a result, all the profit that investors could have earned within 3 months disappeared in one day. Of course, this is at best.
However, the sharp rebound of the VETUSDT price from the mark of $0.05 and the unsuccessful attempts of sellers to update the local minimum proved the strength of the coin. Our short-term scenario for the VET price movement is positive. We expect the price rebound to continue after the panic fall with the target of $0.16-0.17 . For a confident continuation of growth, buyers should not give up control of the mark of $0.104 . After a successful test of this mark, a good chance will open up to buy this coin with low risks. The loss of this mark will send the VET price towards the trendline and question the strength of the buyers.
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VET is going bearishDear ladies and gentlemen, as you can see the market is starting a new bearish phase that can last months before starting to climb again. I would like to share with you my idea about VET and where you should sell it despise the price you bought it for. If you sell your VET at $0.13 you can easily go and make profit as soon as the bearish starts. Please be aware that the market may go bullish once more if BTC decides to break though its resistance point (check my BTC post for more information). Before selling at $0.13 make sure to double check BTC position and to understand if there may be a reversal bullish starting from that point. The possibility for a bullish to start is really low so do not worry too much. Apart from that, as soon as you sell your VET at $0.13 you will be able to make a lot of money when the market drops. The market is going to be in an up and down phase for a while and here is where we have to farm our main coins. We want to be able to make money out of any market and not only out of a bullish market.
VETUSDT Longer term analysis VETUSDt trade corrected to -161.8% Fib and still in consolidation range in yellow zone area. Trade will move up as consolidation period will be finished. Next target will be 435% Fib ($1 level) with some kinks and pull backs. You can enter for buy position in purple supply zone or near -161.8 % Fib (0.07- 0.1 level). Technically trade will go up. For longer term investment purposes, you can hold VETUSDT for handsome profit.
VET DAILY TRADE #23 -> Sorry guys, but we short now*NOT FINANCIAL ADVICE. DO NOT TAKE MY TRADES. DO NOT TRADE ON LEVERADGE*
BTC has not look bullish to me for a while. Up to this point these trades have all been going long. If we are to continue this theme of a daily trade... we have to start going short.
This is going to come with some disclaimers now, shits about to get serious! The nature of shorts is people will be dealing with leverage! I cannot ever recommend that, nor do I EVER recommend people follow ANY trades I do here. This is purely for sport and fun.
These really aren't VET trades, they are BTC trades. We are betting that BTC comes down to 30k. If it does, this is likely where VET goes. VET is now unfortunately in a significantly bearish downtrend. It needs to do some significantly bullish things to break this.
===TRADE===
SHORT = .101 to .105
TARGET = .093
STOP = .112
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VET will rock out again ... think away from the loss ✨3 bullish signs for midterm:-
1- on the weekly time frame we can see that the global trend hasn't broken yet.
2- we already corrected 82% lower from its ATH since this bull run. so what lower than this we can see ??!! A 100% low ??!
3- will reach 16 cents first all ways, if we will bullish will touch 16 n breakout n if it get worse it will get to 16 cents resistance first then will go lower.
what should be done:-
1- if u r planning to sell wait for 16 cents to get the lower loss as much as u can n sell there, however I don't prefer to sell.
2- if u r planning to buy more, buy under 10 cents is amazing price n try to buy on parts if it went lower n leave 50% to buy when we get a confirmation.
3- we will be testing this support one more time I think so a good time to buy there.
4- DONT EVER THINK ABOUT LEVERAGING OR FUTURE POSITIONS ON THE CURRENTLY SITUATION.
5- if we closed this week candle above 14 cents so we r bullish.
One more dip and then VET will rise again?Hopefully Vet will recover from the latest dip. I bought at 0.156, which looked like a fair price to me at that time, I think it still is. It is possible that Vet will dip shortly after reaching 0.155. That would be a good time to get on board. I think it will recover and it certainly has potential.
BTC ETH TRX VET EOS. TOP 15 ideas where we expected a fallWhen there are some too sharp movements in the market, the trading dynamics clearly changes, when on the 15-minute timeframe the volatility is greater than it was on the daily chart, we always sit down to analytics. In constant movement, you may not notice how you accidentally deviated from the course, from the correct understanding of the market . Therefore, situations like yesterday are great for analysis.
Let's just say that we have been waiting for a correction in the crypto market for 2-3 months. Over the past three months, we have been systematically publishing coin breakpoints and correction targets . Since we do not trade all the coins that we publish here, sometimes we do not have time to track "paper positions". Therefore, today it were pleasantly surprised by what they saw.
Let's start with BTCUSDT. We recently updated our global idea. We wrote about a possible scenario of a fall in the price of BTC since March in our traditional heading "Bitcoin-weekend"
While the scenario is running . Although we were expecting a fall, the drastic drain like yesterday was also a small surprise for us. At the moment, we are expecting a test of the range of $46000-48000 , where we will make decisions to keep BTC further or sell.
UNIUSDT. Almost before the start of the powerful fall, we updated the global idea for the Uniswap project token. We rarely meet such a quick development of an idea:
YFIUSDT. Those who placed limit orders for long-term trading according to our idea could wake up in a good mood today. The YFI price reached clearly to the expected range and bounced sharply:
FILUSDT. Also, the idea for the FIL coin worked out as clearly as possible.As a result of a long consolidation in the triangle, the price fell from $198 to $95 in one impulse:
ETHUSDT. Strong and powerful ETH also did not resist the fall in BTC. Even considering the low impact on the cryptocurrency market, the price of ETH dropped to $1,900. We published an idea about the possibility of this correction on May 11:
TRXUSDT. One of the most controversial predictions was Tron. The audience was so eager to continue to grow that they allowed themselves direct insults at us. We hope that this case will finally dispel the unreasonable "wishes" of new market traders and force them to make more informed decisions:
VETUSDT. The idea for the Vecain coin worked just as well. Having found a similar situation in the market and turned it into a fractal, we got a wonderful scenario of price movement. Interestingly, the price went even lower:
EOSUSDT. The global correction in the EOS market was just as lightning fast and the same on target. The price dropped by almost -70% and reached our global target :
WAVESUSDT. The idea, published on May 4, worked great. The price fell by 60% and is now stalled in an important range for continued growth:
DOGEUSDT. Perhaps not 10 times, but the price of DOGE fell quite well. Please note that the publication of this idea was before the start of a new wave of decline:
HOTUSDT. Idea posted on March 31st. Since then, the HOT price has not sustained its explosive growth. The total market decline since the idea was published is -76%.
ONEUSDT. The idea was published on March 22. Roughly from that day, the ONE market began a correction. So far, the price has only reached the first point of the correction. However, given how it is being held, the price may not go below:
XEMUSDT. Good old XEM, it moves perfectly according to our scenario. At the moment, the price has dropped by -60% since the publication:
GRTUSDT. This idea was generally published on February 12th. An interesting fact is that after the publication, buyers did not manage to update the historical maximum. In fact, since February 12, the GRT market has been in a correction . As a result, the price dropped even lower than we expected:
ALGOUSDT. The unsuccessful attempt of the ALGO price to gain a foothold above $1.54 ended in a powerful correction. As a result - working off the idea and falling by 50%:
WINKUSDT. Whoever read the name of our WINK idea could save their deposit:
This idea is just a summary of the development of ideas starting from February. In the process of work, there were ideas that were not fully worked out. Among the short-term ideas were some that were completely unsuccessful. Of course, we are not Gods and on yesterday's fall we did not buy coins on the very hairpins below.
However, in our next statistical idea, we will tell you how things are in our trade marathon , which we started in February, and how we survived yesterday's fall in the cryptocurrency market!
If you are interested in such an idea - write "statistics marathon" in the comments and we will publish it on the weekend!
VETUSDt entered in purple supply zoneVETUSDt trade corrected to -161.8% Fib as I predicted. Next we are going to see consolidation period in yellow zone area. Trade will move up as trade consolidation period will be ended. Next target will be 161.8% Fib. you can enter for buy position in purple supply zone or near -161.8 % Fib. Best of Luck.