VETUSDT____ABCD pattern in VETUSDT we should see ABCD pattern;)follow my green arrow until reaching 1.68 point
Vetusdtidea
VET 1D Continuation of a strong fall cannot be avoided.You can make sure that the VetUsdt pair works out technically well by looking at our previous idea .
Fixing a low at $0.0089, Vet, following the example of BTC, organized the growth by 36% , which is a weak indicator against the background of other altcoins.
Such input data suggest two scenarios of development in the near future:
1. If the price can fix above the level $0.0118, then another small interval $0.0118- $ 0.0133 will open for growth.
2. If the price even today draws a false breakdown of the level $0.0118 as in the previous two days, then, with a high probability, a long way will open for a fall with the final target $0.0077.
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VET. 12h. We are waiting for the fall to the first target $0.009From March to August 2020, VET made x15 in price.
Now it has a long cooling process.
2 weeks ago, the news that VECHAIN will become the only government-owned blockchain technology provider in the China Animal and Food Safety Alliance, providing technical and infrastructure support to over 130 council members.
But this news served only as a driver for corrective growth from $0.0126 to $ 0.0156.
And then, a deep fall awaits us, first to $0.009856.
The final target of the fall - $0.008656.
S ubscribe and like to follow the changes in the idea as the price moves.
VET in a critical level- possible buy zoneBlue dotted lines indicate Daily S/R levels and trends. After the bearish shock in the market, VET is at a critical level. In case, it holds the current level, I expect it to reach the next targets. Losing the current dotted blue line S/R downwards will indicate the start of a short-term bearish trend, followed by a bullish trend leading to our targets. Losing the one level indicated by the red arrow eliminates the target levels for now. Better to wait for the daily closing before making a move.
VETUSDT - Correction Not Over Yet?5-3-5 EW correction in-place. Great short opportunity and ladder-in at 0.5 fib level from 0.0130 down to 0.015.
VET still solid. Be cautious VET still following bullish trend line from its breakout. Depending on where this 4hr closes could give us another leg up. Im currently holding long. If we don’t get another leg up I’ll be looking to add more around $0.019. The daily close below 786 Fib level could pose a difficult barrier short term. Overall I have a cautious view on the market as of recently. I’ll be holding crypto’s long but won’t be adding to any new positions until BTC fully breaks out from the 12k level. I think it’s more likely we have another breakout here but a dip is definitely possible for the entire market.
