Vechain Bull Cycle View For the next few weeksIt's all in the chart
#This is not an investment advice
VETPERP trade ideas
VeChain - UpdateVeChain is still looking abosolutly fantastic. If we look at the daily chart, we can see that VET has found resistance at its green Pitchfork Resistance line. Once VET crosses over this line and turns it into strong support, then VET will possibly consolidate for a few weeks before another breakout upwards.
The RSI is indicating momentum is slightly overbought, but being in the overbought area dopant mean VET will drop as momentum can range sideways within this area.
The ADX DI SMA is indicting we have a strong uptrend with the ADX (Yellow Line) at 48.3 and still above its 10 Period SMA (White Line) which is at 33.2. The +DI (Green Line) is at 21.6 and still above its -DI (Red Line) which is at 4.2.
Volume is relatively low at the moment.
The Bollinger Bands is indicating volatility is slowing, because you can see that the Upper, Middle and Lower Bands are moving upwards together and the Lower Band is moving closer to the Middle Band. If Volatility was crazy, then the Lower Band would move away from the Upper and Middle Bands. The Price is also still above its Middle Band Basis.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is still upwards.
The VET Price is Still above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) levels.
A key thing to look out for is when VET crosses the Green Pitchfork Line and turns it into strong suport as that brings us closer to the Pitchfork Median Line on the daily chart.
All in all, VeChain is still looking really strong and it looks like VET will attempt what ADA did in Sept - Oct 2020 when ADA went from $0.07 to $0.1. So if you missed that previous ADA rise, then make sure don’t miss this VET one. VeChain is still the most undervalued crypto ever, with an actual real world client base that would make any corporate jealous with envy 💪.
I hope this is helpful. Good luck 👍.
Vechain/USDGetting more comfortable with fib circles. next resistance at 0.098 then just 0.148 after that. lets see how the rings hold up.
VET: This breakout should have wind behind its backVET attempted a breakout of resistance on Feb 20, but unfortunately, the crypto market was in correction mode. Now, it looks like cryptos are ready for at least a mini rally and VET is one of the leaders. First target for VET would be the 4.618 extension from the circle wave 1 high which is about 0.102.
VET UPDATEHey guys. Just an update. Trendlines are an indicator that I actually like cause I dont gotta draw them myself. I know theres a lot but if you can look at the candles it isnt hard to use.....
VET is at the bottom of the trend channel AND at the same time at a 4 hour support... Lets see that new ATH.
VET - Waiting for better prices on this oneToday VETUSD opened at .04306700. Through the day it traded as high as .04471400 and as low as .04131200
Bollinger Bands
Looking at the Bollinger Bands for VETUSD, you can see that VETUSD is trading in the lower, which is considered to be a bearish sign.
MACD
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards VETUSD by the market.
Looks like .03 is a very real possibility IMHO. Seems like Mr. Market is being irrational to me, but I'll take the opportunity.
VET pushing for ATH and price discovery!after having a short cool off VET has started to move again aprx. 5% upwards and we have no resistance left until the ATH. Our ichimoku cloud bringing us support and is starting to curl to the upside, Stoch RSI is around the middle of the neutral zone. When we reach our ATH i think we have a chance of getting rejected the first time but we should be able to breakthrough on the next ones. Creating a new ATH and putting VET back into price discovery mode! NFA just my opinion
Update Vechain(VET) Explosive Move New ATHs 30% Gain to $0.10 *Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
Great time to buy $VETVeChain, IMHO, is on the top 5 project out right now. It's disrupting supply chain technology is a big way and is extremely undervalued. This is a long term hold for me but I also like to play the channel swings.
Vechain cooling off for nowWe saw an aprx 10% dip for vechain today but i believe we are just seeing a little cool off after a big run up. We are seeing price action touched down at the bottom of our ascending channel but has rebounded back up, currently we are pushing to come back above our support at 0.0737. I think short term we could see possibly a drop down to the 0.0709 support. our Macd has turned bearish for now and im looking for it to cross back over. EMA ribbons are still carrying bullish momentum and as of right now are starting to point a bit sideways and the ichimoku cloud support has been a little light but is still bullish and pointing up now. Overall still very bullish on VET just thinks it needs to cool off like it has been doing before continuing to fly up. Not Financial advice just my opinion.
VET Price Looking For A Big Move
Vechain has made an all time high on Mar,15 2021and is currently on a bullish trend.The daily chart of the VET highlights that 3rd elliot wave is coming to an end.The 4th wave can see a correction upto $0.06 before jumping for a new highs.There is a also a possibility that the 3rd wave can sustain more before correction
Kindly comment your thoughts below
Top Alt ready for prime timeVET is can very likely become a top 5 coin based on its World wide adoption. It is undervalued and overlooked for some reason, but that will change in the coming weeks and Months.
Great long term hold on par with ADA and ETH.
VeChain - VETUSD Long price targetVET recently broke the ATH at $0.06250 and retesting the support.
$0.055 should hold as the support on a daily closing basis and the procie will then target 0.085-0.095 region in the coming weeks if not days.
I'm long since end of last year and will continue to do so atleast later part of this year.
Please note, this setup is for long term investment and not intraday trade for me.
Vechain(VET) Explosive Move New ATHs 30% Gain to $0.10*Update Vechain Outlook 15/03/21*
Road to $0.10 is clear, 30% Gain from current price level to the 161.80% Fibonacci level. Buy the dips, be patient!
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET Price Made An All Time High Of $0.075Vechain coin has made a high of $0.07543 with an intraday gain of 8.79% while a major resistance at $0.08.According to the Fibonacci levels,the resistance of the coin can be seen at the level of 0.075fib.If the price goes in downward direction than the support for the coin can be seen at the level of 0.067fib. Vechain price is trading above the 50 and 100 Simple Moving Average
Kindly comment your thoughts below
Vet is booming Vechain pushing towards ATH, broke heavy downward resistance, our EMA ribbons are starting to point even higher up and the stoch RSI exploded off of the top of the oversold zone, looking for a break of the ATH in the coming days if we keep this up! Not financial advice, just my opinion
VET cooling off before next move.Vechain is looking like its cooling off a bit after our big run up. Im looking for the bulls to hold this support line we are currently holding, i believe we will we have nice support printing from the ichimoku cloud and our EMA ribbons are carrying us and pushing up with bullish momentum. The Macd is looking very bullish its starting to slightly point sideways like we are seeing with our recent candles. The stoch RSI is coming down from overbought and is about to enter back into our neutral zone. We could see some accumulation along this support for a little bit but if the bulls boost price up and keep us trading inside our ascending channel there is a good chance we will fly back up to our ATH levels. NFA just my opinion.
VET: ATH after ATH // the start of the parabola!Vechain hasnt gained that much yet compared to other altcoins. This is because VET has been around for a while and there isnt that much hype around it.
However this is all about to change, VET has one of the best fundamentals and will be one of the biggest players in the Chinese block chain empire.
And yes; China is the empire for block chain, not Europe or USA; China will be the first to launch their CBDC and create mass consumer adoption for blokchain.
If you dont know what im talking about; do your research and find out what and why.
VET has many many partnerships in China with corporations and the government, this means that they will be one of the (if not the) first block chain with MASS consumer adoption.
Dont think because you hold some coins you are adopted on the block chain, youre just in it for the win; which is fine but block chain will be mass adopted for multiple use cases.
When this happens in the next years; VET, LINK, DOT, ETH, KSM, UNI, MUSE and many more will be the winners and shitcoins will disappear. VET will be the first to get that adoption.
Long story short, VET is mega bullish on TA and fundamentals, check the chart for short term targets and yes I believe this the start of the parabola!
We are in full price discovery so we can snap parabolic anytime, make sure to ride the wave!
This is not financial advice, you invest with your own research and based on your own opinion and at your own risk.
