Bullish Piercing Line pattern formed & engulfing pattern formingWe see a piercing line pattern has formed on the 4h timeline, and a engulfing pattern is potentially forming in the current candlestick. Both signs of reversal into an uptrend.
VETPERP trade ideas
VET on its way back to previous highsVET has dropped off since its April highs, but that is good news for those of us looking to get back into this excellent project. It has been consistently making higher lows and is in a general up trend. Now is a good entry point since last time VET tried to break .22 the RSI was much less favorable (more overbought). So if we can break the resistance between .21 and .22 then we can run all the way back to at least our previous highs in the .27 range. This is about a 35% move. We'll have to reexamine the chart when we get here. Turning that resistance at .27 into support will be the next challenge.
Stop loss would be a daily close under the trend line. Make sure you wait for the day to end though. VET has a habit of swinging wildly over a single day.
Have fun, trade at your own risk.
Narrow Bollinger Bands -> Substantial Move Coming (4hr Heiken)Looking for bullish confirmation on the next Heiken candle and increasing volume to support a potential large move to the upside after recent sideways movement and consolidation. If bullish confirmation fails, it may be grounds to retest the lower curve of VET's parabolic trend in the low 17 cent range. BTC.D still under 50% even after BTC's recent rise up past 57k. Eying the 1.618 fib line as VET's next big milestone of around $0.33, how it gets there is anyone's guess.
VET $1.50 ?Here is my price prediction for VET based on the Elliot Wave Theory. $1.50 is completely possible in this cycle. Time will tell! #vechain #vet #crypto
VET . Will Explode SoonVET still move above trend line although big coin such bitcoin fall down. Looking opportunity to buy a cheaper VET?
Good source pennycryptos.net
Cup and handle forming, bounce off trending supportCup and handle pattern is forming on VET, we can see the handle forming now, with a bounce off two support lines (trend line & .5 fib). We do have .618 resistance line that we haven’t been able to break through. If pattern pushes us through, we could see new ath soon!
VeChain updateVeChain (VET) Update:
VeChain is safely above its 50EMA.
VeChain is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
The Bollinger Bands Lower Band has moved up closer to the Middle Band indicating volatility has slowed and we may see some sideways ranging.
VET is still well within in the Bullish Zone of the Ichimoku Cloud.
VET is above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen).
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways at the moment.
VET has found some support from its Lower Yellow Pitchfork Support line.
The Chaikin Money Flow (CMF) is indicating accumulation has dropped but the CMF (Green Line) is still in the Accumulation Zone at 0.07.
The Moving Average Convergence Divergence (MACD) is indicating that the MACD Line (Blue Line) is still under its Signal Line (Red Line) and moving sideways. For most traders, a buy signal is generated when the MACD Line crosses back above the Signal Line.
Volume is still relatively low at the moment compared to previous trading days.
So it looks like we may see a few days of consolidation before VET makes another attempt at creating a new ATH above its Upper Yellow Pitchfork Resistance Line which could take VET over $0.4. I wouldn’t be surprised if VET is over $1 by July latest. Seriously, i’ve been accumulating VET since $0.009 and I’ve never looked back. I tried to convince some friends about the potential of VeChain and how its different from other blockchain projects especially because of the huge PwC partnership it has. Now that VET is at $0.2 everyone is now jumping on board, All i can say is, get as much as you can before VET gets over that crucial $1 mark. 2020 has been slow for VET because of Covid-19, now that businesses & supply chains are getting back to normal, VeChain will soon awaken & start chipping away at the top 10.
I hope this is helpful with your trading or hodl-ing. 👍
VET DOING BITSSSHello all, looking at the technical analysis for VET we can see it coming away from its previous downtrend hoping to rejoin its path back into ATH territory. Using the trend based fib extension we have found these TP.
TP 1 : $0.233
TP 2 : $0.262
TP 3 : $0.291
TP 4 : $0.332
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and follow for more content !!
VeChain (VET) - A second lookIt looks like the recent correction is a fractal of an earlier correction, projecting a very strong rally.
What do you think? Is it a fractal?
Triangle pattern After Price breaks top trend line we can expect a near target to be at Resistance.
When Price is above Resistance, we can soon wait for the target area 127-238 of Fibonacci retracement
VETUSDT 1day ://shes lookn strong (srry never got posted yesterdvet is a supply chain blockchain all combined with vr codes instead of barcodes. No more reentering data at ever stop.
like v chain under .20 but she looks like she wants to start running
top picks that r easy to buy n stake ADA ALGO then like UNI 1INCH SWAP CEL DMST STMX these r some basics but all in all the focus is on eth n btc for us.
others we have or like r
BLANK this security token is non cust. wallet n token that hides all etherum activity_ shats d0pe but getn killed rite now. would watch n wait _ look to buy under 2 as low as 1.65 1.50 range __MAYBE
RAMP getn ready to run with BSC intagration
AUDIOS or AUDIO is interesting as well and looks like she is heating up n took a hit last month so great time to jump in there
Refinable or FINE is also super interesting. this project was a long time in the making but had the bad luck of launching during that BTC n market hit last week or so
also keep an eye on anything that helps mass adoption. for us this is 3 areas in that will matter.
_cross chain ease of use will be king esp as layer 2 begins to intagrate with exsisting blockchains and projects.
_fiat on n off ramps. like exchanges that have debit cars or in general catore to the consumer and not so much the goverment. EVEN square or paypall are big ones even though you cant really move the crypto u buy out of there platforms even robinhood and webul have the same restrictions. this should change in the future but for now it is an important step to get the masses involved.
_real world use case like stormX selling and connecting merchants and consumers to buy anything you would normaly buy off the internet or vechain who is building a supply chain all on a blockchain or even ada creating a blockchain education tracking and support for developing countries in africa and even to NFT projects that tie in real world assets like car loans, property, art work, or even gold etc.
VeChain (VET) - Structure and ProjectionA nice looking chart, respecting lines of support/resistance within a Fibonacci Pitch Fan in the logarithmic scale. A Wave 5 looks to be underway, and could rally strongly, looking at past wave-5 rallies.
VET/PREP Pitchfork against hyp ascending trianglesThis is only an estimated Oblique view of a trending section which may or may not continue along this course.
YTD. yükselen üçgen formasyonu olumlu cıkıs yapacak gıbı
olumlu cıkısta re test yada yesıl sevıyelerde stoplu alımlar yapılabilir.
ytd.
