#VETBTC 239%+ potential Rally!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Well, this setup is for the spot.
Accumulate between 200 to 250 sats for almost a 200%+ rally.
If you don't intend to miss this coin, you can simply buy some now and wait for the retracement.
The best strategy is to buy when Bitcoin takes a leap to the downside and ALTS BLEED!
Keep this second coin noted after Sand.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
VETBTC trade ideas
VeChain (VET) Starts To Recover, Next Target MappedVETBTC (VeChain) peaked mid-April 2021 and is finally starting to recover.
As you can see from the chart above, the downtrend line started back in April is finally being broken today and its price is now trading above all the EMAs.
We have a full green candle, the MACD above zero while trending up and the RSI is looking really strong.
VETBTC is ready.
The next target is marked yellow on the chart.
This one and many, many other altcoins will start to move really strong.
Plan ahead.
Do your own research.
Be grateful.
Enjoy.
Namaste.
VET/BTC { VECHAIN } - BULLISH SETUPANALYSIS 🔎
- VET/BTC is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry: the key fibonacci retracement zone.
- Conservative entry: breakout above the descending trendline resistance and horizontal resistance level (@0.00000263)
TARGETS 🎯
- Horizontal resistance level (@0.00000395).
- Horizontal resistance level (@0.00000443).
- Horizontal resistance level (@0.00000473).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the ascending trendline support.
- Final invalidation: breakdown below the horizontal support level (@0.00000189).
VET/BTC Daily Trend and projection. Is it possible?Messing around here on the VET/BTC chart.....Please feel free to issue feedback. I'm still green. Whenever the 50 MA dips below the 100 MA, it remains there for an average of 138 days however, as you can see in the chart, when the 50 MA crosses back over above the 100 MA, VeChain pumps on average 328% against BTC, each pump being approximately 100% greater than previous ATH against BTC. So, if this trend continues, in theory the next cross could see VeChain hitting somewhere around the .00001000 mark.
If there are any flaws here please let me know. I am still fairly new to this and would appreciate any critical feedback. Thanks!
VETBTC 4 -8- 2021$VETBTC is looking good again with upcoming small alt run-up vet should follow as well.
Sitting at nice support zone! TP I am looking is where we last breakdown which around 319 SAT
Invalidation point 189SAT!
On my last VETBTC UPDATE mention, that vet is ready for a correction. I hope I saved you some money with that call.
VETBTC Can Go Higher to 0.00000230
Welcome back Traders, Investors, and Community!
Hi Traders, VETBTC on H4 might go down for the retest at around 0.00000196 before it goes higher to the Resistance line. Our first target will be 0.00000230
⬆️Buy now or Buy at 0.00000196
⭕️SL @ 0.00000178
✅TP1 @ 0.00000230
✅TP2 @ 0.00000262
✅TP3 @ 0.00000302
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
VET looking for takeoff!Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at like a fakeout, the end of this triangle brings us into the beginning of august and thats when id say alt coins are going to really takeoff. Looking at the RSI we are pretty low in the confirmed downtrend half almost to the oversold zone, we are slightly pointing upwards and look like we are ready to see a bit of a climb upwards to atleast the midline at 50. We could see a rejection at first and then sort of repeat that cycle until the markets are ready to move (august imo) once we do get the momentum to smash through the midpoint on the RSI it is crucial not to jump to bullish positions until we see that confirmed, we need the confirmation before we can say we are in a confirmed uptrend. looking at the Wave trend oscillator we are coming to the bottom of this wave i would say almost bottoming out in the buy zone, we should see a smooth ride back up in this next wave which hopefully could bring us out of this descending triangle, maybe not this wave but i would say in the next couple bullish waves we see. One crucial thing to keep in mind is that we got to stay away from that bottom bollinger band as we could definitely see a significant fall if we start riding the bottom band, we are currently getting stuck underneath the midline and for the past couple weeks can't seem to break through it with multiple candles getting stuck right below it. a very positive scenario would be on this next bullish wave on the wave trend pushing price action above this midline and into the more bullish side of the BB, aswell the same thing with the RSI! Not financial advice just my opinion!
VETBTC could retest the weekly support 🦐VETBTC could retest the weekly support. IF the price will lise the daily support and flip it into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
VET/BTC
There is the possibility, even if weak, that it will quickly return to 242 sats, however it is, in our opinion the SIA price will appreciate against the king.
The Idea is based on fibonacci( we are on 0.618) gann fun, time cycle, MACD and william %.
We believe the price can reach easily the area between 445-469sats.
Enjoy it.
Vechain primed for a bullish breakout!ANALYSIS
On the VET/BTC we are in a potential inverse head and shoulders pattern on the daily timeframe. The final shoulder has yet to be confirmed so this pattern could fail to complete. Interesting VET has landed on a support trend line formed since early February.
TARGET
Target would be 0.00000637.
Disclaimer: Not financial advice, just amateur observation.
Let me know what you guys think, could this play out?
VETBTCWhile Bitcoin dominance is pumping! alt bitcoin starts to look weak for the short term.
Do u see the similarity?
Hold 0.00000325 sat as the support we could give another try to break the downtrend resistance, below low the resistance be careful
Next best Support are 0.00000303 - 0.00000281
Key resistance at the moment 0.00000253 - 371.
USDT value should follow btc.
not saying we going to doom from here this is just something to keep in mind make your plan.
Perfect situationBased on my previous idea about btcusdt situation i see vet is going to move hard, the resistance line is an old strong resistance plus as i see there is a massive triangle
Wait for btcusdt then you can apply your setting on vet for greater rewards, however u need to consider the failure of your chosen assumption on direction cuases big losse so go by little money, at least u know reward is satisfying and the risk is basically controlled by money management, plus the chart looks perfect for tight stops
VeChain (VETUSDT/VETBTC) Inverse Head & Shoulders Breakout LongIm taking a long here on VETBTC pair, as a small speculative position that I hope I can build into a larger hodl position if markets start to recover. Otherwise, I will be happy to treat it as a scalp and take whatever profits the markets offer. The reason Im taking this long trade is because VETBTC broke above the neckline of the inverse head and shoulders pattern, so theres a high probability that price will continue higher, so long as Bitcoin holds steady.