VET about to start new impulse upVET is oversold, sitting at rising RSI support line and has developed similar pattern as XRP. Last capitulation dip seem also done - expanded flat correction.
If so we can expect from here strong bounce up and push toward ATH range where some consolidation before breaking to new ATH - targets being fibb 1.272 and fibb 1.618 extensions.
VETBULLUSD trade ideas
VeChain: StrugglingโฆVeChain is struggling to stay above the key support at $0.018, but the anticipated low of the orange corrective wave ii should form above this red line โ or may have already done so. Once the bottom is indeed settled, we expect the orange wave iii to break out impulsively, pushing well beyond the $0.08 resistance, where the entire orange five-wave move should ultimately complete the blue wave (iii). However, if VET falls below $0.018, the broader green wave alt. will reach a new bear market low (probability: 38%). Primarily, we consider wave as already finished.
VETUSD - Using Fib Circles AgainPrice showing strong affinity for 3.618 on the fib circle trend line i have drawn
I expect a strong bull move up to like 40c
Also plotting durations of bear and bull markets, with the first bear/bull market cycle being slightly shorter than the one we are experiencing now, meaning a longer bull period for the one we are in
Trying the fib circles again, 3.618 is the level in question
Bars pattern in green shows price movement up to 40c
Daily timeframe
VeChain: Down AgainAfter a brief recovery, VeChain is trending lower once more. The low of the orange wave ii from early February is approaching but shouldnโt be undercut for the structure of the orange impulse wave iii to remain intact. Soon, we expect a decisive and sustained breakout of this wave iii above the resistance at $0.08. As a mid-term target, the entire orange five-wave sequence should ultimately complete the blue wave (iii).
Vechain to 0.35 usdVechain is one of, if not the most widely integrated tech weโve seen so far. With Walmart China an bmw Germany using the chain, and Vechain being the official blockchain of the ufc, itโs got a good foot on the ground in real world assets. Seeing as the rwa sector of crypto is largely untouched I believe it will be the next .com boom. The โcrypto has no real useโ crowd will fomo in, grannies will understand the point, and feel safe investing in coins with real world asset backing. Each bull run after btc and ethereum peak we see the money trickle down into smaller cap utility token sectors, gaming being an example the past 2 bull runs. Donโt believe me, go see 10-50xs for yourself. Check the times compared to btc and eth. Currently Vechain has around 3b mc, sitting at #6 in rwa tokens. I think 30b mc is easily on the table after years of research and gains. Thanks for reading.
VETUSD H2 Best Level to BUY/HOLD +80% gains๐ธHello guys, today let's review 2hour price chart for VET. Outlook remains bullish currently pullback in progress, however buying low still is a perfect trade setup.
๐ธVET is currently re-accumulating for a re-test of recent high set at 0.075. risk/reward shifts in bulls favor towards range lows of the recent range set at 0.04.
๐ธRecommended strategy bulls: Price action contained within bullish channel. get ready to buy low near 0.04, TP is 0.075USD +80% gain. BUY/HOLD setup for patient traders.
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FIB TARGETS FOR $VET IN NEXT BULL RUNIF $VET bottomed in Dec 2022 then fib targets for the next bullrun are as follows:
1.272 Fib = $0.61
1.414 Fib = $0.92
1.618 Fib = $1.66
Fractal from last bullrun indicates a top in early 2024 - this is highly speculative but shows what is possible
VeChain Macro ViewWe all know that markets behave very cyclical. Top to top and bottom to top days are almost exactly the same (give or take a few days).
If the amount of days stay the same, we could see a market top at the end of 2023 or at the beginning of 2024.
VeChain is also printing an inverted H&S. This is a bearish to bullish reversal pattern. And it started exactly at the 600 day when the bottom was in.
We will see what happens at the next 8 months.
[VET] VECHAIN could gain up (+77%) to (+140%)Vechain is above 2024 value area high, it broke the symmetrical triangle in the monthly timeframe and the momentum is shifting in the higher timeframes. Weekly candle close above $0,0515 is important for continuation. The target is between fibonacci extension levels from jun 2023 low to feb 2024 high to nov 2024 low, fibonacci retracement levels from nov 2021 high to jun 2023 low, value area high from last bull run, anchored vwap from apr 2021 high and monthly level.
TARGET: $0,096808 TO $0,133149 up to (+140%)
Vechain is surging!Day 1 user of #VeBetterDAO here๐โโ๏ธ. Really love the #web3 expercience with #B3ter and #Vot3.
#VET has succesfully rebranded right before the Bullrun and as result the price is expanding with massive volume.
After breaking the 5 month accumulation period the price broke out with a 170%! Next targets are 0,09 and 0,10. Beware the RSI is overheating. Support levels are marked if the price retrace.
CRYPTOCAP:VET BINANCE:VETUSDT BINANCE:VETUSD COINBASE:VETUSD BYBIT:VETUSDT.P BYBIT:VETUSDT.P BITFINEX:VETUSD BINANCE:VETBTC CRYPTO:VETUSD MEXC:VETUSDT.P KUCOIN:VETUSDT BINANCE:VETEUR CAPITALCOM:VETUSD BITFINEX:VETBTC
VET/USD 3-Day Chart - Uptrend, Potential Breakout, and Reversal This analysis examines the VET/USD 3-day chart, focusing on a potential uptrend, breakout target, and reversal signals.
Identifying the Uptrend: Rising Channel Pattern
The chart exhibits a rising channel pattern, characterized by price movements bouncing between an upward-sloping upper trendline and a lower trendline. This pattern typically suggests an uptrend, where the price makes higher highs and higher lows over time.
Target Price Based on the Uptrend Channel
The upper trendline of the channel can be used to estimate a potential price target for the uptrend. In this case, the analysis suggests a target of around $0.0600 for VET if the uptrend continues within the timeframe of the 3-day chart.
Double Top Pattern: Reversal Signal or Resistance Test?
An interesting observation is the presence of a possible double top pattern near the $0.053 resistance level. A double top is a bearish reversal pattern formed by two consecutive price peaks at approximately the same level, followed by a trough and a break below the support level between the peaks. If confirmed by a breakdown below the support level, this pattern could signal a potential trend reversal towards the downside. However, it's important to note that the double top formation might not be confirmed yet. The price could be attempting to break through the resistance at $0.053 for a continued uptrend.
Strong Support Level: A Potential Buying Zone
The chart also indicates a strong support level at $0.045. Support levels represent areas where buying pressure tends to increase, potentially halting or reversing a price decline. If the price falls, it might find support around $0.045, preventing a steeper decline.
Additional Considerations for a Well-Rounded Analysis
While the technical analysis of the channel pattern and potential double top provide valuable insights, a more comprehensive analysis should consider these additional factors:
Trading Volume: Higher volume on breakouts (upward surges through the upper trendline) strengthens the uptrend's validity. Conversely, lower volume breakouts suggest a weaker uptrend susceptible to reversal.
Technical Indicators: Technical indicators like the RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) can be used to gauge momentum and identify overbought/oversold conditions. This can help pinpoint potential entry or exit points within the channel or during a breakout/breakdown.
Fundamental News and Events: Staying informed about relevant news or events impacting VET's price is crucial. Announcements from the VeChain Foundation or partnerships with other companies can influence price movements.
By combining these elements with technical analysis, you can develop a more comprehensive understanding of the VET/USD 3-day chart and potentially make informed trading decisions. Remember, technical analysis is a tool to assist with trading decisions, but past performance is not always indicative of future results.
$VET Pullback As in my previous chart the white dotted arrow is clearly showing my proyected path for NYSE:VET price action and it looks like it is falling into place as predicted. Invalidation will happen if shorts continue getting squeezed but 0.05 was a strong resistancec so we should see a much needed pullback before continuing to upside. Market is extremely Bullish and our Crypto Fear & Greed index is showing us in Extreme Greed levels so i would be very cautious but the trend is still your friend.
Going against the Bull trend is highly risky due to the strong sharp pullbacks, DCA'n is always the best option in this type of bullish environment. Between 0.05 & 0.06 should be the next target in the short time frame but i will update as needed. ๐ซก
$VET Break Time I have a 4hr chart showing VeChain in what it seems to be a pullback after some days of Bullish momentum. NYSE:VET looks very positive & strong for this Bull cycle and continuation to the upside will happen but there will be a pullback for the crypto market. Vet should be pulling back to test the previous resistance of $0.055 followed by consolidation before the next leg up. Dont sleep on this Gem ๐ we have much more to go guys ๐ช๐ผ๐ค๐ฅ๐๐๐
Short Term Target = 0.055
Vechain attempting to flip inverse h&s neckline to supportCan see here on the weekly timeframe chart how itโs already closed one weekly candl above the neckline.there have been many daily chart candles recently battling to main support on that neckline as well and also an impending golden cross on the daily chart time frame set to occur in tthe next 1-2 daily candles as seen here โ-> blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4 Since btcoin is still in the midst of itโs first correction since it has entered the parabolic phase of the bull run and we are so close to Black Friday which is often a time of year one can scoop up cryptos at a discount, this impending daily chart golden cross may be one of the few exceptions atelier where price action doesnโt immediately hav a big pump the same day as the cross. Vechain could always break apart from the pack though at that point as well and pump while most things are still correcting. Also a slight chance the market correction is over before Black Friday too. Whatever the situation may be, if we see Vechain correct here as well but also hold support on the daily timeframes 50ma,I will likely add a little bit to my Vechain stack *not financial advice*
VeChain: Letโs go! Last week, VET managed to move further away from our blue Target Zone (between $0.0179 and $0.0292). As a result, we now consider the low of the same-colored wave (ii) as established. In the short term, the substructure of the blue wave (iii) could prompt a temporary return into our Zone, which is why we are keeping it active for now. However, the primary trajectory remains upward. Once the blue wave (iii) concludes clearly above the resistance at $0.055, a brief interim correction should follow before another upward move completes the magenta wave (i).
$VET Ready to Explode?Weekly TF showing NYSE:VET ready for breakout once it breaks above 0.05 Resistance which is very likely to happen in the upcoming weeks. Price action is showing a steady uptrend within a small apex, pack up your bags, put on your space suit and get on this rocket ship not much time left for takeoff ๐ฅ๐ฅ๐ฅ๐๐
VeChain, VET, Golden pocket sets up 29x Algo TargetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.02275 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.0284
Stop: $0.0213
Target: $0.858
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
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.
VECHAIN another failed blockchainThis chart is of #VET priced in #BTC
A massively hyped supply chain project.
Another problem that didn't need solving by cryptography.
The chart has a massive head and shoulders is below a major previous low
and after this bull run, I can envisage losing more value.
#FinancialDamage
VET VeChain Breakout with Price Targets (LONG)IF VET gets a volume increase soon, we will start breaking trough resistance. We have just broken out of a 6 month resistance trend line after finding a bottom. If we can get through the .702 fib re-tracement at 0.402, the we are heading straight to the higher targets towards the top of the channel with the dotted line 0.074 & 0.107
Spot buy and ride this one all the way up!