VETUSDTVETUSDT broke trough the falling wedge. Value zone is still acting like resistance. SL wouldn't have been hit otherwise the RR still stays 6. Keep looking for new price action.
VETBULLUSD trade ideas
VET/USD - My Longterm PlanVeChain update with my opinions and what i plan to do if my opinions are correct:
Here is a closer look at the 1 day VET/USD chart:
While VET did have a nice move up from $0.0152 to $0.032, that impetus is gone and VET is now making Lower Highs and Lower Lows.
Notes:
VET is still in its Descending Channel Pattern.
VET is back in the Bearish Zone of the Ichimoku Cloud.
VET is under both its 50MA and 200MA levels.
The 50MA has crossed back under the 200MA on this 1 day timeframe.
If we look at the volume for VET/USD, it’s been very low since around July 2021 and has not really recovered.
On this chart, i have added various Support and Resistance Lines as well as Areas of Interest as highlighted with the Black Dotted Lines with Yellow Shading.
If we look at the Chaikin Money Flow (CMF Indicator), we can see that the MF Line is still very near its 0.00 Base Line, a cross below the 0.00 Base Line will take VET into Distribution on this 1 day Timeframe. Note the the MF Line is still below its Least Squares Moving Average (LSMA) Line.
My longterm Hodl plan for VET/USD:
I still believe we will see $0.0096 to $0.0084 especially when the USA finally admits publicly that it is in a Recession, which when it does, will mean it’ll actually be in a Depression. So if this recession plan follows through then i will be looking to buy in around $0.0096 to $0.0084 and longterm hold until it reaches back to the ATH of around $0.28 and then re-asses the situation. A successful Daily Candle close below $0.0152 will be my first confirmation that we may see below $0.01.
With the potential oncoming of this world depression, if the only way out for the US is to start WW3 to counter BRICS, the loss of the Petro Dollar, the loss of sanction power and the growing +$32T of debt then i believe we could see $0.0057 to $0.0043.
When the oncoming recession/depression pivots and the new Bull-Run starts, after a while, keep an eye out for when the Mainstream Media starts broadcasting to the public about huge Crypto Gains! When this happens you’ll suddenly have random family and friends who now want to jump into crypto because it has gone up 1000s of %! This will be the time to consider taking profit on any long term hold as all the newbies jumping on the band wagon will be providing EXIT LIQUIDITY to those who got in at a really low price. Once this happens, then the market makers will change direction and become Bearish as Bulls and Bears are the same people I.E they are the Market Makers. I have seen this happen twice now with the Crypto market, once in 2017 and another in 2021.
As always, we must keep an eye on what BTC/USD is doing.
Anyway, this is all just my opinion and i have other strategies in place for if we don’t see sub $0.01 again.
I hope this post is helpful.
VETUSD - Angled H&S VET is still moving downward but this inverted H&S provides a possibility for reversal.
We are now experiencing what I would call the right shoulder which is a bullish phase.
Lets see if the bulls can take it.
Crypto , Cryptocurrency My mid-long term goals for #VeChain NYSE:VET 🫣
The #vet chart can leave a good profit in the long run. It is not investment advice.
Vechain - Flat Top on this TF should popLooking for swing longs here on vechain. Price should bounce above resistance here and retest previous highs. On the downside, the price may retest the triangle's support.
VeChain ready to launch? We see... Down trend breakout & retest
OBV zone is good. ( ~0.027 )
Green zone i think good buy zone. Stop loss important (red lines)
Tp1, 2 & 3 (red zone)
GL
VET - Nerves of steelThe situation in VeChain is pretty similar to the one we face in Polkadot, so I won't go into technical details here...
Overall it's pretty the same here, we finally reached the blue retracements, and we got very near the 0.786 retracement. As I stated in our Polkadot analysis, it would be optimal if the price won't breach below this level.
To be honest, the correction in VeChain was one of the most brutal ones i have observed in the last days, overall we crashed by nearly -40% in a matter of weeks!
We posted about VeChain a few weeks ago, and our count slightly changed because the final wave (v) expanded a LOT more than we estimated. The funny thing here is however that in the end we pretty much retraced back to our original price target, for everyone interested the post can be found below.
We should really build up some bullish momentum in the next days and exit these low prices, it would be very bad for VeChain if we should establish a sideways movement. As of now I estimate that we won't see another low in this coin and I remain on my bullish stance in VeChain and all other altcoins which we cover on here. We are currently assessing if we add another position in VeChain, and we would of course update everyone on here, if we choose to do this.
Keep your head up, folks, now is not the time for fear!
Please notice that we are already invested in VeChain since the 29th of July, back then we announced our first positions here on tradingview.
If you should have any questions whatsoever, you can write a comment or contact me directly!
Long VeChain (VETUSD)
AVERAGE EXECUTION PRICE: 0.02449$
STOP-LOSS: NONE
LONG TERM TARGET: 0.27$ and more!
👀 Seeing a bearish analysis on #VET👀 Seeing a bearish analysis on #XMR, waiting for a small time frame sell setup. #cryptocurrency 📉📊💰
VeChain X2 Bull stephello everyone,
I see some good movement of VeChain price... for long time Vechain has good support/resistance trendline... trendline that was actin as support turn out be acting as resistance.. looks like that trendline has come to its end.. the price is starting to make a new uptrend with 50ma crossing 200ma.... as well New support trendline is developing.. if the price make a bullish move it will most likely cross the resistance of 0.032 and reaching the next resistance of 0.045. Current pattern: Ascending triangle
good luck with your investment...
Crypto VET. TF H4 LONG According to my calculations, on the 4-hour time frame, the trend started on March 11.
On March 14, the level of 0.0253 was tested. This level will be tested again in the near future.
Take profit at TP = 0.0259 , do not forget about SL = 0.0192.
Good luck! ,
Regards WeBelieveInTrading
VET / USD Monthly Chart (Eventual Long)Hello traders. Not sure who is into Vet, another great smart contract based platform for the business world, but I am a long term holder. I got in before the market dropped, marked on the chart. By 2030 we could see Vet at $1 or better, so buying small chuncks at factions of a penny could be beneficial if one is to hold it for a while. All speculation and just my analysis. Until we break out of the current bear cycle , this is a great time to get in on promising crypto (like Ethereum, ADA, Polygon) and other big name stocks like Apple, etc. All things go back up, just gotta wait. Big G always gets my thanks. Trade the trend and be well.
VET/USDVET/USD very quick update.
Here is a closer look at this VET/USD 1 day chart:
VeChain is in a new smaller Descending Channel which is in a massive Descending Channel. VeChain is also in a massive Symmetrical Triangle.
At the moment of typing this, VeChain is still in the Bullish Zone above its Ichimoku Cloud.
At the moment of typing this, VeChain is still above its 200MA. Note that the 50MA is still traveling upwards so we may eventually see the 50MA cross above the 200MA on this 1 day chart.
Not that overall traded volume is still very low compared to what we were getting from 2018 to 2021.
Looking at the Average Directional Index (ADX DI) we can see that the Trend Strength is dropping with the ADX (Orange Line) at 36.08 and under its 9 Period EMA (Black Line) which is at 39.52. Positive Momentum has dropped with the +DI (Green Line) dropping to 19.73. Negative momentum has also dropped a little with the -DI (Red Line) slightly dropping to 15.87 on this 1 day chart.
I hope this very quick update is helpful.
Wave 3 is comingVET will make an inverse head & shoulders on higher timeframes with a big wave 3 and a short wave 4. After that whales will push this to a blow-off top wave 5 to confuse retailers who sold between 1-3$ to create more FOMO.
VET VeChain Crazy Cup & Handle Pattern FractalI think this one's out there but so interesting...
A cup and handle that's proved to have happened inside a much bigger cup & handle that's setting out to happen in the next bull run. Time-wise the PA must reach close to ATH this year and then it's game on.
There's so much going in the chart. The target for the cup & handle falls on the backwards 0.618 fib level, which is one more strong confluence. I could go on about all the confluences but I need the crazy side of me tamed this fine monday morning.
This is not financial advice. I'm a monkey with a TV membership.
Vet $LongAvg: 0.0257
9;29 PM 2/9/23
Purchased above this key resistance turned to support. I could see the continuation of this pattern play out with all the technicals on Bitcoin as well as the price action between the both.
Not the ideal entry I do admit, but we’re only investing what we can afford to lose. Scared money don’t make no money.
VET - Falling WedgeWe are facing VET broking the border of the falling wedge. For me it is a huge bullish pattern and can go up direct to the first Fibonnaci zone. All the criptos that broked the Falling Wedge are rising unstoppable.
$Vet looking top heavyMost timeframes showing bearish RSI Divergence, looks like the top of an impulse. Hard to say how high it will go, but hard to imagine that Vet is going to break these key levels and hold above them in the short to mid term. These levels it has recently broken(yellow box) have proven to be significant resistance and support in the past, and if/when Vet breaks back below, we could see serious declines. Keep your stop losses tight in case it wants to do what crypto does sometimes and just go off on one, but I think the R2R here looks pretty favorable.
Confirmation Breakout!! 🚀Vechain has finally made a breakthrough out of all ranges.. expect some big things in price action 🎬
VeChain - Upcoming opportunity and macro outlookWell, as the work week starts again and everyone returns to the office, we want to give traders on here an update on VeChain.
Back in July we announced our first position in VeChain and since then we didn’t cover this coin again. After months of relatively low price action the momentum finally returns, as many other altcoins spiked, VeChain managed to gain almost +48% too!
As many of our subscribers know, besides bitcoin / ethereum we choose to cover Chainlink, Solana , VeChain and Polkadot . These are our favorite altcoins, and we are already invested in all of them.
So let’s talk about what we got here, to clear things up we provided a Macro chart below which features our count in the 2D chart. Since the last all-time high at 0.278$ VeChain crashed tremendously and over the course of more than a year and a half we tumbled by -95%. Most investors may have already forgotten this gem, nevertheless, we always kept a close eye on this and think it has much potential for the upcoming bullrun.
From a technical perspective, VeChain established a clear ZigZag (5-3-5) correction in which the C-wave caused the most damage. Inside the C-wave a major impulse (marked in blue) hammered the coin downwards, and we have reason to believe that all major bearish impulses have come to an end. Feel free to comment below if you should have any questions regarding the count!
For the upcoming weeks it will be very important to watch the movements of VeChain because we estimate, that the coin will establish a very bullish Wave (i) – Wave (ii) setup, which should push the price above the important 0.03$ level again. Furthermore, the bullish impulse inside Wave (i) seems to be finished and besides an overshooting (b) wave, I don’t believe that we are going to see a further push above 0.023$.
We want to highlight our marked buy zone (blue), new investors can take this opportunity and begin to accumulate coins as soon as the price reaches this zone. (Coordinates 0.0191$ - 0.0162$)
We will continue to build up long positions in the blue Fibonacci zone too!
There is a slight chance that VeChain could still expand further to the downside, but this really depends on how Bitcoin and Ethereum behave in the upcoming correction. To be honest, I Benjamin Mendenmein, don’t believe that we are going to see further low’s in VeChain.
Please notice that we are already invested inVeChain since the 29th of July, back then we announced our first positions here on tradingview.
Read the full statement here:
If you should have any questions whatsoever, you can write a comment or contact me directly!
Long VeChain (VETUSD)
AVERAGE EXECUTION PRICE: 0.02449$
STOP-LOSS: NONE
LONG TERM TARGET: 0.27$ and more!
VetWaiting on the retest for this entry. Not too much support above, if we break down we'll manage the trade but if we trend up I think we'll see a small vol spike due to SL's.
March deadline for Vechain. Do or die!We expected a sooner breakout for Vechain to higher levels based on the charts, but instead Vechain broke down continuing the downward trend to our lower support & final support. If Vechain breaches this last resort, all hope in this project will be dead.
It appears mid-march is the area of rebirth.. or the death of Vechain. Time's ticking.
