VETBTC trade ideas
VET updateAs expected, we've now been consolidating for about a week around the 159 sats level. Reaching the target I set in a previous idea.
As we're consolidating with volume still stagnant, we could see another leg up towards the 210 sats level, which has confluence with the high we made back in July.
Are you still holding or did you take profits already?
VETBTC - Long - Potential 14.49%VETBTC - Long - Potential 14.49%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.00000163 - 0.00000171
Take-Profit Targets:
1) 0.00000179
2) 0.00000196
Stop Targets:
1) 0.00000155
Trailing Configuration:
Entry: Percentage (0.0%)
Nice Inverse 'Head & Shoulders' for VET. Target 151 SatSo many of these have hit targets lately... Almost feels too easy.
Target 151 Sat (+74%)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
VETBTC to possibly test 190 soon 😎We are making higher lows, significant golden crosses. Looks like we have found the bottom and heading towards a bull market.
Vechain has been making steady progress, fundamentals look alright, news is good.
I see an ascending triangle that we are trying to breakout of. That stimmy money from america is coming in, will it go to GME or crypto?
Measured move up is roughly to test 200, I'd take profit 190s. Keen to hear y'all thoughts!!
VET, medium term bullish-VET just had Golden Cross on 8th of March, finding its way up inside pitchfork boundaries.
-There has been large accumulation between Oct'20 and Feb'21.
-It will eventually reach targets, marked with red rays on the chart, but not as a linear, more likely higher-highs and higher-lows.
-VET having a great project with strong team and community behind is more likely to stay as one of the mainstream coins in the market.
Food for thoughts 23-03 VET/BTCTook a lot of profit in BTC and Dollar, between 160 -170BTC and between 0.09 - 0.10$. Happy that I did. If we see a rejection at 160, 140 is propable.
VET/BTC Cup & Handle formationIn the last few week we had a nice cup & handle formation, cup and handle pattern is a strong bullish sign, sometimes its tricky,
but in our chart we had the bull trend confirmed, also our analysis for the VETUSD pair confirms the strong bull run that VET is having.
#Trade Safely
💡Don't miss the great buy opportunity in VETBTCTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00000070).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.23.
Take Profits:
TP1= @ 0.00000095
TP2= @ 0.00000110
TP3= @ 0.00000130
TP4= @ 0.00000150
TP5= @ 0.00000190
TP6= @ 0.00000215
TP7= @ 0.00000270
SL= Break below S2
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💡Don't miss the great buy opportunity in VETBTCTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00000070).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.23.
Take Profits:
TP1= @ 0.00000095
TP2= @ 0.00000110
TP3= @ 0.00000130
TP4= @ 0.00000150
TP5= @ 0.00000190
TP6= @ 0.00000215
TP7= @ 0.00000270
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment. Let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VET- More Love to Give! Next Targets + Long term.🚀So far our position from earlier this year is paying off in spades and looking like there's a lot more to go here.
Full blown alt gains across the board, and VET is in an interesting spot.
Fundamentally, they have a unique focus on implementation in healthcare systems - which if you've been on the planet earth at all in the past while you know have become rather important.
Technically this chart is looking insanely bullish - Huge volume building intensity, the last big retrace left us with a strong higher low in the support area and now we're back on the move upward.
Short term we might get a slight retrace down, but don't be fooled, this is clearly a bullish breakout and any downward movement, unless sustained, is just going to be a speedbump on the way to the moon.
Important update for VET holdersVET / BTC
Vechain play in this range against BTC since 2018
(green area in chart)
What if it can hold above monthly resistance zone
If that happen we can expect bullish parabolic move and possible price discovery against BTC
The most confirmation is waiting for monthly candle closure above which even the new buyers can buy with small bag after that
But take care because if failed it will drop near lower line of the range again
Best wishes
Food for thoughts 17-03 VET/BTCTurned out to be a pretty good call. Took some profit in BTC (140sat) and in USDT (0,08$). Looks like a nice retest of the former resistance, so I feel optimistic.
My next targets are: BTC 160 and 180.
Just looking...VET-BTC appears to have a lot of energy stored up in its chart and while it has some resistance at the 95 - 100 sats level, it looks to be in an uptrend since late December. And while the 7MA has crossed above the 77MA, they're both still under the 231MA which typically means price action will be relatively slow moving. But once those MA's get air, VET will likely see a blast up to the 0.382 fib line where it might encounter resistance at around 140 sats and with enough volume, it could even go to the 0.618 fib line.
This is purely TA, I know nothing about this project.
Follow the channelA nice channel has formed and the falling wedge shows us that a rebound is possible.
MACD is crossing and RSI is pretty low thus the indicators are good.
The trading plan would go as follow:
target 136 sats
Support / optimal buy zone +/- 2% : 85 sats
Stop Loss : 79 sats
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Food for thoughts 15-03 VET/BTCWhen 130sat breaks, it could make a really nice rally! But.. If BTC decides to jump, a breakdown below the diagonal could slow things down.
The VET/USDT pair is also a real beauty! Moves in a pretty steep ascending channel since the end of february (+100% in $).
VeChain Cup and Handle Hello and thanks for reading into this,
IMO we're in the middle of a pattern called "cup and handle"
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle are considered a bullish signal extending an uptrend and are used to spot opportunities to go long.
Do you agree with this view, or do you see something else? Let me know, thanks!
Greets,
Doc
