VETPERP trade ideas
VeChain - Longterm OutlookVeChain Longterm Outlook:
I thought i’d do this post slightly differently, more neater with less indicators on it so you can see how far VeChain has come and what a crucial time VeChain is nearing at.
VeChain is well above its 50EMA on the daily chart.
The Bollinger Bands are indicating volatility has increased with the Upper and Lower Bollinger Bands expanding away from each other.
VET is still above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. VET is essentially walking the Upper Band upwards.
The ADX DI SMA is indicating the upwards trend strength is huge with the ADX (Yellow Line) at 75.8 above its 10 Period SMA (White Line) which is at 68.7. The +DI (Green Line) is at 35.8 which is hugely above its -DI (Red Line) which is only at 2.7.
If we look at the Chaikin Money Flow (CMF) we can clearly see VET is being accumulated with the CMF (Green Line) above the Accumulation/Distribution Line (Dashed Line) at in the Accumulation Zone at 0.13 at the moment.
I have added a Least Squares Moving Average (LSMA) on this daly chart to show that VET is very strong and shows no sign of crossing back under its LSMA anytime soon. FYI the price crossing back under the LSMA is a sell signal.
VeChain has found very strong support from its Lower Yellow Pitchfork Support Line.
There is no fear of VET crossing and clossing a daily candle below its Pitchfork Hagopian Line in the short to mid-term.
Very soon, VeChain will likely attempt a crossing back above its Pitchfork Median Line 🤯.
We can expect massive resistance at the Pitchfork Median Line, and there should be some pullback expected because of this resistance……… or maybe it’ll breeze through, such is the nature of cryptos.
Crossing and CLOSING a Daily Candle above this Pitchfork Median Line and turning that line into strong support will enable VET to set a new launchpad from which it can achieve its next challenge…….. crossing & closing a daily candle above $1.
As you can tell, I’m very excited about this prospect.
Just google VeChain and see just how much of a sleeping giant this crypto is. It has a real world partner & client base that would make any corporate jealous with envy. People have asked me, “why doesn’t VeChain promote & pimp themselves out like other crypto companies”?…… my answer is…. because they don’t need to.
As i stated before, VeChain should be in your longterm portfolio & is definitely one to watch.
I hope this is helpful with you trading and hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
gone bad SMILEZlolFML) VETUSDT 4hr ://re trace and.... nvrmind wanted the scalp_re-buy about herrrr...
but ended up watching these big dildo3s
from the side lines. this is why u dont scalp unless
its that 10% of the time when ur fingers just seem
to move on their own... the rest of the 90% remembr
my dumb A33 (n dnt get me started on ALGO scalps
real world blockchain tech solving supply chain issues with qr codes _no more re entering inventory at every stop _scan it anywhere n see farm to table any worker for any reason _GAME CHANGER
_HGM
VeChain $VETUSD Long Term Target PTs .35-1 and higherEnterprise-level partnerships send VeChain (VET) price to new highs
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high.
Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads.
Since February enterprise-level adoption and a wide array of use cases have worked in favor of VeChain (VET), a blockchain-powered supply chain platform that seeks to use distributed governance and Internet of Things (IoT) technology to optimize supply chain management systems.
Data from Cointelegraph Markets and TradingView shows that the price of VET has increased more than 400% over the past two months, climbing from a low of $0.0263 on Feb. 8 to a new record high at $0.1344 on April 9
Major collaborations ignite VeChain price
A scroll through the project’s Twitter feed shows that VET's price growth in 2021 has largely been stimulated by the adoption of its supply chain tracking technology. On April 8 the team announced a collaboration with the software company Salesforce.
VeChain’s technology has also been utilized on several projects that are managed by its partner DNV. DNV uses VeChain's blockchain solution to manage the data from projects with the Danish company ReSea and the Norwegian industrial company Hydro.
The increase in VET price and adoption since the beginning of February has also led to a 1,000% increase in the price of VeThor Token (VTHO), which is used to pay for transactions and smart contract interactions on the network.
An early March NFT-related collaboration with VIMworld also helped bring extra attention to VET and VTHO and was followed by a steady increase in price.
The positive benefits of these partnerships were reflected in data from Cointelegraph Markets Pro, which shows that the market conditions for VET have been favorable for some time.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
As seen in the chart above, the VORTECS™ Score for VET turned bullish and reached a high of 73 on April 3, about two days before a smaller price spike on April 5. Following this move, the VORTECS™ Score increased to a high of 87 and remained in the green zone over the next three days as VET price gaine 35%.
Now that institutional investors now taking a serious interest in the crypto sector and the ways that blockchain technology can be integrated into various sectors, VeChain’s real-world use cases and growing list of enterprise-level partners indicate that there is potential for further upside.
VET gets a pullback VET gets a pullback if it hits te resistance. The pullback will be til the support.
VeChain - Yep 👍Remember my previous post that said “VeChain should be in your Longterm Portfolio”. Yeh! I wasn’t joking.
Unlike certain other crypto rises that shall remain nameless, VeChain’s rise really looks sustainable and has purpose. Yes there will be dips n retracements as that is the nature of trading but VeChain really does seem to be a different beast altogether.
VeChain already has a partner & client base that every other Crypto Company is hoping and striving to get. PwC recently bought shares in VeChain and there is also the potential of PwC pimping VeChain out to ALL OF THEIR CLIENTS because they now have a stake in it. If you don’t know who PwC are, just google them and see how many companies they look after and audit as well as their massive interest in blockchain. It’s HUGE.
VeChain really is a sleeping giant that i honestly believe will start destroying the competition as this year plays out. VET is certainly going to be in the top 10 this year.
Just grab it while its still cheap. 🔥🚀🌍🌔🪐👽🛸
4HR VET, LONG YOUR LONGSpump repeating, check bottom indicators
Tight short trigger waves, lower lows. See dotted white lineS
VET 0.2980VET is currently trading above the support zone at $0.1261. Its first resistance will be at $0.1358. If it can break this resistance and close above, we could start seeing a move towards $0.1417, $0.1513, $0.1581 and $0.1668. 0.1668 is an important resistance level and we might see a small rejection there. If VET can flip this resistance to support, then we could start seeing a bigger rally towards $0.1918, $0.2324, $0.2728 and $0.2980.
VET is currently trading at $0.1333 with a market cap of $8,915,654,688. Its 24 hour trading volume was $1,441,354,250.
VETUSD 1Day ://look to enter on upcomn re trace#VeCHAIN $VET look to enter at .0105 to .0115-.012s if the support at 010s breaks look for dips as low as .085
A solid wall @ 085s to hi 09s n a smaller wall_order block @ about 0105 to 0115 ie look for dip to that 0115 n if that 0105 break to .09 look to cost averge from there down. This is best if u have limit orders on whatever u use if n0t look for red btc days esp a few in a row.
if u already have a VET position i would maybe look to start to buy more here at .013 n down or wait n hope we see a BTC dip before this upcoming anyday BTC rip...
_HGM
VETVeChain Thor (VET) is blockchain with the posited goal of “solving real world economic problems”. VeChain has two kinds of tokens, VeChain Token (VET) and VeThor Token (VTHO). While VET has a fixed supply of ~86.7bn token, VTHO is issued as a block reward for VET staking AMs. VTHO is required for smart contract and transaction executions. Consensus is achieved on a threefold-level: (1) technical level, (2) business level, and (3) governance level
$VET is testing ATHs on the daily -- no kidding!With $BTC expected to hit a consolidation point or minor pullbacks..
...the stage is set for Alt Season 2021!
And we have $VET here that is endlessly retesting ATHs ever since the turn of this year.
While 5th Waves are characteristically related to FOMO, we can clearly see that the 'energy buildup' is increasing ever since late March.
I will not be surprised if more FOMO kicks in and retail rushes in to grab their $VET.
With this information at your fingertips, you have the best seats to front-run these buyers.
Go $VET!