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VeChain / Bitcoin

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VETBTC trade ideas

VeChain 1:2 Long PositionVechain is in the contraction phase and draws a triangle on the daily chart. The longer such phase lasts, the bigger the breakout is. If VeChain reaches its Point of Control on the daily chart before 23rd and the move is impulsive (big candles on hourly in the direction of the trend) and supported by increased volume as well, further move upside is likely. ▬▬▬▬▬▬▬▬▬ I am recording the success rate of all my analysis in 2020. Here is how I am doing so far: •A total potential reward of all my analysis is 5 out of which 2 was realized. •The total risk of all my analysis (number of analysis) is 2 out of which 1 was realized. •Trading based on my published analysis would equal to closing one RRR 2:1 position successfully. •This excludes analysis on LINKBTC, BATBTC which haven't reached any targets yet. I will consider this analysis successful if the price breaches POC level and close above. If the price breaches the level but quickly returns, it will be considered void. If it moves above and remains there one day and reverses before reaching the target and hits stop loss as a result of that, this analysis will be recorded as incorrect.
Long
by OrcChieftain
VeChain ready to retest the 100 satoshis? VeChain, one of the coins that has the biggest community behind it. And also had a big move in November to break out of the downtrend. At this point it’s retracing from this push and looking at the golden pocket Fibonacci area for support. Currently it’s getting the support there given the long wicks and instant bounces from this area, indicating that buyers are stepping in. Aside from that, if VeChain is breaking the 70 area (current resistance) continuation towards 81-84 and likely 103 are the targets to go for. If we lose 61-64 however, I’d be aiming at 49-51 as next long entry. But given the strength from altcoins during recent days, I’d be aiming for the upwards push.
Long
by CryptoMichNL
2
VET LOOKING BEARISH SHORT-TERMI've been HODLING my VET several months and it saddened me to dump my bags at near break-even value. I feel VET has a lot to offer long-term. I'll be looking for buys below 60 sats when alt season hits. But BTC dominance seems to be leading supremely, so I've finally abandoned every shitcoin I had (including my ADA position last night). However, I would not be comfortable shorting this monster, simply looking for a lower buy. Please leave a LIKE :D *I am not a professional advisor & my posts should not be taken as financial advice. Trade at your own risk*
Short
by peakindicator
5
VET / BTC DAILY LOOKS RIHNO'S READY TO GIVE A BIG RUN,Vechain, a lot of bullish signals mates, this is what I see: * We are in a ascending triangle, same as in November * Price on the 50 EMA, same as november * Volume dropping also good, same ass.... * This ascending triangle is a bit bigger so i think this run up will be bigger to i think * Consolidation under trendline that means bullish consolidation many times * MACD MA'S tries to get bullush cross also good * We nearing the apex of the RSI triangle, explosive moves will come most likely Keep an eye on this mates!
by Marcelvv
6
VET / BTC 2 HOUR WHEN RIHNO'S TRIES TO AWAKE BUT NOBDY SEES IT. Vechain: * Building a assending triangle volume confirm that, assending triangle is an bullish consolidation pattern. * Bullish devergence * Green main trendline needs to hold * MACD MA's don't know what the want * Have you seen that we slowly build momentum to or 110 sats high if we break that level with good volume we will some green Rihno bars believe mates! :) We keep an eye on this one mates, looks healty constructive bullish concilidation! I keep you gus updated! Have a good day / night!
by Marcelvv