VETBTC trade ideas
VET falling wedge almost retraced to the last support levelVET has been pumping hard before the altseason but has been slowly retracing since. The retrace makes a daily falling wedge, which will turn bullish if we breakout from the resistance trendline.
We can expect this coin to overperform all the other altcoins while they are retracing.
VET/BTC 50% R:R2 setupYo guys,
quick VET/BTC pairing review
Looks like a falling wedge pattern with 5 corrective waves formed on Daily and possible C&H on higher timeframe (Weekly) is forming as seen below from previous analysis.
Once VET will close Daily aboove 140 then I would consider it a smart and save long
ChaChain
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Will VET close above Monthly Resistance!?VET has had a very bullish 4 months after almost reaching ATL's again of 35sats during March of this year. Price has already pulled back quite drastically as this month has unfolded, previously it reached heights of 237sats whereas it sits now at around 155sats with a Monthly Resistance at 158sats. With only a few hours until the Monthly close, it will be interesting to see whether this Monthly Resistance of 158sats will be broken or hold. If the Monthly Resistance were to be broken, we could see a further push higher. If Resistance holds, there may be another opportunity for accumulation in the low 100's at the Monthly Support of 102sats.
VET/BTC - swing trade On lower time frames (4-12 hr) we are consolidating.
On Weekly timeframe (1W) this has more bullish drive. I am swing trading this.
These coins could drop significantly if BTC decides to go on a bull run which comes to me as no surprise.
Just always be ready to watch out for BTC moves whilst your alts are doing its thing
Potential target is another approx. 50% or more move to the upside on the weekly, hold and be patient if you want to see this profit.
Vet Trading AnalisisHello Traders,
Vet recently pumped strongly and seems that passed for a period of profit realisation. Or recommendations is to buy vet above the strong support of 100 satoshis. It is expected that we will se another impulsive wave soon.
Please push like button and Subscribe.Hello Traders,
Vet recently pumped strongly and seems that passed for a period of proft realisation.
VET/BTC (3rd Retest Major Support?)💎Technical Analysis Summary💎
BINANCE: VETBTC
-VeChain is back at the previous key support area
-Unable to break above the long term trendline resistance
-This is Bearish because a series of Lower Highs and Flat support zone
-If the major support area failed, prepare for another leg down to 80s sat
-But if VET can break above the trendline resistance
-We might see a retest of up to 200s sat
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VeChain to BTC Hi Everyone
I am relatively new to trading, so feedback would be highly appreciated.
Here is a continuation pattern, I used a pole to measure the target price for VET/BTC, this target price hit a resistance level from 2018.
As the trend went upwards into the pattern this should mean that there is a 70% chance of VET/BTC breaking bullish.
VET/BTC (Retesting Previous Resistance Area)BINANCE: VETBTC
-VeChain is back at the previous key resistance area before the strong pump last July
-It is traveling inside a Bullish descending channel from the Top price
-Also, retesting the recent support last 1st week of September
-This can be a potential Double bottom reversal if we can confirm an upside breakout
-Until this channel remains valid, I recommend to patiently wait and observe the market
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
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