VETUSD trade ideas
[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%)
Big Push Is ComingWe have had a healty correction after the election pump. The bullrun is not over yet. I expect vet to draw a C&H pattern which will complete in late Januari/early Februari. If my expectations are met, we will see a pump to around 0.15 dollar in Februari.
Vechain is surging!Day 1 user of #VeBetterDAO here🙋♂️. 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. 🫡
$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 💎 we have much more to go guys 💪🏼🤑🔥🚀🚀🌒
Short Term Target = 0.055
Vechain attempting to flip inverse h&s neckline to supportCan see here on the weekly timeframe chart how it’s 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 —-> 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 it’s 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 doesn’t 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: Let’s 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 💥🔥🔥🚀🌒
VeChain 2024-25 Bullrun targets VET is looking to have found a nice bottom here, and waiting to see if we can get out of this in short time. VET is another utility driven token leading the way in supply chain efficiency. Let's see how the charts play out into summer 2025.
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!
VET bullishOn higher timeframe it seems that altcoinseason is confirmed.
We are in accumulation zone, VET will go higher, I expect 4x-5x from here.
Wyckoff is confirmed on HTF that means a lot, secure bag at 5x.
VeChain: ReboundedVET was pulled back to the 78.60% retracement (at $0.0221) of our blue Target Zone (between $0.0292 and $0.0179) after our last update. From a technical perspective, the low of the blue wave alt.(ii) could now already be established and a recovery could begin. However, this scenario (35%) will only be activated if the resistance at $0.033 is broken. For the time being, we maintain that there should be a further setback to the lower edge of the zone before the coin turns around. With the low in place, a significant increase above the resistance at $0.055 should then set in.
VET - Prime Buy PositionVET #42
If you're looking to buy a solid top tier altcoin that may bring you the volatility that comes only with altcoins but with less downside risk than many others, then VET is a great choice here.
This whole area since June '22 has been very shallow in reflection of the highest time frame trend.
From the bearish "SC" Selling Climax low of '22 we had slightly lower lows "ST" Secondary Tests signalling downside weakness.
From there VET broke out but in the end it form a weak 3 wave 1:0.618 Golden Window correction.
And from that peak we saw further bearish action.
This is the rise and fall of an accumulation.
And it looks very much like we're reaching the end phase of the accumulation here and potentially now at "LPS" Last Point of Support.
The recent slump has pulled back to the ideal retracement Golden Window; 0.618 - 0.786.
And exactly as we like to see; a very significant support of August 2020 is plumb on the 0.618.
So we have double confluence that this can be a significant bullish reversal point here.
Whenever we see the 0.618 retracement and a significant support; that is a bit of a clue.
Notice as high as the week chart, we have a little RSI uptick of bullish divergence.
The RSI source is set to "low" not the default "close" and so it gets a reading from the lowest point.
This means that the wick of the lowest candle is captured in the reading.
But yet it has printed a higher low on the RSI.
This is bullish.
On lower time frame down on the day chart, notice the slightly lower low is likely to be a Wyckoff SC and ST, very similar to what we saw through 2022 and 2023, but in lower time frame.
So we have multiple layers of Wyckoff accumulation here and looking bullish.
Obviously for this to be correct then BTC must not make lower lows or VET will slump lower.
If BTC does slump back to the 0.618 as described in a previous thread then VET may have a minor pull back.
And in my work I am confident Bitcoin does not have another high time frame wave down as many are calling for dreaming of $35K etc.
Thats not happening I think.
Those areas are gone.
And so VET is in prime buy position here with as little downside risk as you could hope for.
See you at the top 😼.
Not advice.
vetusd, , so simple, will longIt is important to draw the line correctly to go long at the support level of two oscillation intervals.. The white oscillation intervals are interspersed reasonably, and the local blue downward channels are also independent and do not interfere with each other
VeChain: Still Some RoomVET experienced a setback last week within our blue Target Zone (between $0.0292 and $0.0179). This development aligns with our primary expectation, as we still grant the blue wave (ii) scope down to the lower edge of the zone. As soon as the low has been established, the price should turn around and be carried above the resistance at $0.055 by the same-colored wave (iii). However, the minimum technical requirement for the low has already been met. Should the coin break through the $0.033 level directly (35% likely), we will already see it in the blue wave alt. (iii).
VeChain: ReturnedVET returned into our blue Target Zone (between $0.0179 and $0.0292) last week. As we consider the blue wave (ii) to have ended, we interpret this development merely as part of the internal substructure of the same-colored wave (iii). Accordingly, we expect further rises and an overcoming of the resistance at $0.055. Investors could therefore open long positions within our Target Zone, whereby stops could be placed about 1% below the lower edge.
VeChain: Turned AroundVET gained sharply last week and left our blue Target Zone (between $0.0179 and $0.0292). In view of this neat turnaround, we now consider the blue wave (ii) to be complete and see the price in the same-colored wave (iii). This movement should reach beyond the resistance at $0.0550. Within the internal substructure, however, it remains possible that our Target Zone could be approached again, which is why we are currently keeping it active. In the event of a further dip, investors can once again cover their positions with long positions, whereby stops could be placed around 1% below the lower edge.
$VET weekly chart giving a buy signal!COINBASE:VETUSD weekly chart is showing a big green dot on the trading indicator. This is a signal of direction shifting from bear to bull. Long over .022. Sell target will be when the RSI (light blue line) hits the white dotted line or we get a red dot!
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