VTHO looks a rocketIt looks like after wave E, we have an ABC on the chart, we are now at the end of wave B.
Wave B is a diametric, we are now in the final wave of this diametric (wave g of B).
We are looking for buy/long positions on the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Vthousd
VeThor Token (VTHO) setting up for upto 28% pumpHi dear friends, hope you are well and welcome to the new update on VeThor Token (VTHO) with US Dollar pair.
Recently we more than 30% pump of VTHO as below:
Now on a daily time frame, VTHO is about to complete the final leg of a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
VeThor Token (VTHO) formed bullish Gartley for 22% moveHi dear friends, hope you are well and welcome to the new update on VeThor Token (VTHO) with US Dollar pair.
On a 4-hr time frame, VTHO has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VeThor Token (VTHO) formed bullish Gartley for upto 110% pumpHi dear friends, hope you are well and welcome to the new update on VeThor Token (VTHO) with US Dollar pair.
On a weekly time frame, VTHO has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VTHO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The previous chart is not valid anymore as we went below the trend line. We've been looking for a bottom. It's either in or near. We can still drop another 62% and this chart is still good.
Potential 62% drop
Potential 1583% gain
RR: 25
Next target: 0.045211 (wave 3)
VTHO/USDVTHO update and a quick look to the future opportunities that may arise, not just VTHO but all crypto assets, because downtrends don’t last forever.
Here is a closer look at this VTHO 1 day chart.
At the moment VTHO is below its Least Squares Moving Average (LSMA) on this 1 day timeframe. A daily close below the LSMA is considered a sell signal.
At the moment, VTHO is fighting to stay above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 day timeframe. If VTHO closes below the BB Basis and re-test it as resistance then we should expect VTHO to drop to its BB Lower Band level.
VTHO is below its Volume Profile Fixed Range Point of Control (VPFR POC) fro the fixed range of 5x daily candles that i have selected.
Zoomed out on this 1 day VTHO chart, the Volume Profile Visible Range Point of Control (VPVR POC) is around $0.001480.
For your viewing pleasure i have added various support and resistance areas as highlighted by the Horizontal Black Lines with Yellow shading. I have also added 2 descending support lines (Blue Lines on chart).
If we look at the Average Directional Index (ADX DI), we can see that Positive Momentum has dropped with the +DI (Green Line) dropping to 24.29 but Negative Momentum has also dropped with the -DI (Red Lien dropping to 19.04. The Trend Strength is weak with the ADX (Orange Line) at 19.19 and still under its 9 Period EMA (Black Line) and now under the 20 Threshold. We need the +DI (Green Line) to stay above the -DI (Red Line) on this 1 day timeframe, if not then further downwards momentum will continue.
If we look at the STOCHASTIC Indicator (STOCH) we can see that momentum is slightly upwards but i would say sideways within a range at the moment with the %K Line (Blue Line) still under its %D (Orange Line) which is a further sign of upwards strength weakness. Not that the %K Line (Blue Line) still has room to drop before becoming Oversold on this 1 day timeframe. Be on the lookout for when the %K Line (Blue Line) strongly crosses back above the %D (Orange Line) on strong volume.
At the moment, like most other cryptos, VTHO is under the influence of BTC. With this mid to potentially long term downtrend, a lot of opportunities will soon arise because downtrends don’t last forever. Previous Volume POCs will potentially become new POCs and become area of strong volume control, be tested again as support and if it holds, it can again offer opportunities to allow you to acquire your crypto of choice at an unbelievable discount.
From the 9th Feb 2021 to 16th April 2021, VTHO did a massive rise from its POC starting around $0.00145 and eventually rising to $0.02738………. That is around a 1794% move up! You want to buy near the BOTTOM of that 1794% and sell near the TOP of the 1794%
This is just my opinion but a lot of people seem to get caught up in the hype of BTC and ETH and foolishly ignore the low cap coins that can potentually offer much higher returns and i believe that cryptos like VTHO and a few others can offer that once again, especially after this downtrend is over, even if that downtrend takes a year or 2 because we have to factor in what is happening to the economy at the moment, because like it or not, when the stock market crashes……. BTC and most other cryptos will follow.
Diversification is key.
I hope this is helpful with your trading and hodl-ing.
VTHO bullish take VTHO has been through major downfall after market has dropped but is is showing signs of a potential uprising after breaking through to the upside on the descending triangle. if we continue to stay between the two blue lines as we go up i expect we could hit 70 or more by the the end of December. this is just my take do as you please with this information.
VeChain | Still a Good Crypto Worth Buying at This Low PriceVeChainThor public blockchain was launched with the goal of mass business adoption. The public blockchain has two tokens, VeChain and VeThor (VET) tokens. VeThor token is used to power transactions that take place on VeChain. The token is critical to the functionality of the blockchain. It is representative of the smart contract element of the network.
The unique nature of the token has drawn the attention of investors. It possesses a meta-transaction feature, which means users can carry out multiple transactions. The participants of the blockchain can essentially organize multi-task transactions and multi-party payments.
The blockchain is also open source and has a high processing speed, making it possible for developers to combine their efforts.
VeThor exhibits excellent versatility, which makes it attractive to many users. Participants at all levels can enjoy the different capabilities.
For transactions to be approved on VeChain, a VeThor token has to be created for each VeChain token introduced to the block. The current generation rate for the token is 0.000432 per day.
The rate can change only by increasing but not reducing, there are several ways you can earn the token.
One is by owning VeThor, the other methods include owning an authority node or an X economic node.
With insights into the token price, you will be able to identify whether it is safe to invest in the token. More so, you will know when the best time would be to buy or sell the tokens. Currently, the price of the token stands at $0.011313. Only two months are remaining of 2021, and changes are expected to take place.
Suppose you look at this in terms of profitability and growth. In that case, the token is undoubtedly worth investing in. As seen from the price forecasts, the token price has been increasing gradually over the months. The price is going to increase, and this is excellent news for the investors.
Apart from its outstanding features, the token's blockchain will increase in popularity with time due to its current low price. As use increases, the price will also increase. The other reason why the token may be worth your money is that its price is not expected to reduce, especially as it becomes more prevalent in logistics.
To better understand the performance of a token, market information is vital. This will go a long way in providing you with the extra information you need to determine if the token is a good investment.
Based on the above forecasts, the future of the token is bright. The price of the token has been increasing over the months, and especially in 2021. The token is projected to maintain the upward trend even in 2022 and the coming years.
The general price chart of the token also looks promising. It ranks 153 in market capitalization, which indicates the token is popular. The trading volume is also good, as it shows that the token is used often.
VTHO price at 0.011313 USD, based on our forecasts a long-term price increase is expected to be around +742.00%.
- Our option for #VTHO is TO BUY AND HOLD IT.
It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
Please comment, like and follow if it was helpful for you.
Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi.Finance |
VTHO - to Daily Trend ?VTHOUSDT - Triangle Pattern
The price has been moving inside a triangle.
We expect it to come out of the triangle and move to the daily trend as the first target.
But according to the type of triangle, we can expect the price to continue its trend until the second target.
But for this it is necessary to break the daily trend line .
Crypto VTHO.Ready for an upward explosion?VTHO Daily. The charts shows that VTHO is ready for an upward explosion. Get ready...
$VTHO Arc de TriompheAn interesting look at $VTHO/USD following the inside and outside arc(s) almost perfectly to $.0038 support line where, if hit, should springboard up to a price between 1.618 - 3.618 fib extensions shown. Obviously, any close above the bull flag trend line, or below the aforementioned support will negate this analysis. DYOR. #carbon-is-the-new-oil BINANCEUS:VTHOUSD
VTHO - Looks like a good entry to meThe only VTHO that I currently hold is from staking VET, but that is about to change.
I'm seeing some upside movement, and am going to buy a small position.
The STOCH shows VTHO coming out of an oversold condition back on May 19th, and continues this trend.
VTHO is currently trading in the lower channel of the Bollinger band, which, isn't a bullish sign, so hopefully VTHO can rise above the SMA, which has a downward slope, another bearish sign.
But the MACD is showing an uptrend may be coming, so I'm going to gamble a bit and take a small position. I'm not predicting any crazy explosion, so there may be time to add more to this position, if it turns out that my assumptions are correct.