VeChain Incoming Breakout?I think veChain, like other cryptos are prepping to break out from a prolonged bear market.
VETUSD trade ideas
🚀 Unveiling Hidden Gems: VeChain's Divergence Decoded! 🧐Hey Crypto Enthusiasts! 👋💰
There is a fascinating scenario unfolding with VeChain (VET)! 🕵️♂️
👀 Spotting the Unseen: The Divergence! 📉📈
While analyzing VeChain's charts, I noticed something intriguing. Despite the overall market turbulence, VeChain shows signs of a potential divergence! This could be a game-changer for savvy investors. 🧠💎
🌟 VeChain's Unique Position:
VeChain isn't just another crypto. It's backed by solid blockchain technology with real-world applications in supply chain management, anti-counterfeiting, and more. This isn't just speculation; it's tech with a purpose! 🌐🔗
📊 What the Charts Say:
The technical indicators are suggesting a bullish divergence. While the prices are dipping, the momentum indicators are moving upwards. This mismatch could be the precursor to a significant price rally! 📈🎉
🧗♂️ The Climbing Potential:
If this divergence plays out as expected, VeChain could see a substantial climb in its valuation. For those looking to diversify or take a calculated risk, this might be your moment! 🚀💸
Why Should You Care? 🤷♂️
Divergences can be a powerful tool for predicting future price movements. If you're looking to make informed decisions in your crypto journey, keeping an eye on these patterns is key. And when it comes to VeChain, this divergence might be the whisper of a bigger story unfolding. 📚
👉 Stay tuned for more insights and happy trading! Remember, the crypto world is full of surprises, and VeChain might just be the next big surprise! 🎁🌍
VET SINKING SHIP STRUCTURE Let's Have Some Fun With It!!Not financial advice.
Very neat idea i floated around here where even though we could move up 100% we could still be bearish.
Short term im expecting a pullback to .015-.018 to retest the golden cross on the daily.. But overall as long as we stay in this sinking ship structure we can aim for a target in the .033-.042 range
Always do your own research and Patience is Key
It begins...It took it's time, but Vechain has finally made that anticipated upturn! ⤴️
The start of the return of Vechain's comeback and the rise to eventual new price discovery! 🚀
VET - First Ever Monthly RSI Cross BUY SignalThis is the first Monthly RSI Cross Buy signal in the history of NYSE:VET
Entering bull market?Bitcoin has officially entered the bull market, with closing above 20WMA the previous week and 20WMA crossing 100WMA this week, which is technically the start of a bull market.
Now we also know that historically, when bitcoin keeps above the 20-week moving average line, altcoins tend to outperform it.
What is the situation with VeChain now?
We can see that VeChain has also broken above 20WMA with good momentum, although it might test it again for confirmation, also it has broken out of the falling wedge drawn, which is also a positive sign for upward momentum. Overall it never is just a straight row of green candles. We must also consider the orange line of resistance, which was tested twice before and never broke through, the line is also a 0.382 Fibonacci resistance level, which is quite significant.
So in the following weeks, we might see the test of this price level and then return to test the 20WMA, if it holds we might confidentially confirm the official start of the bull market of VeChain.
✴️ VeChain Looking Pretty Good (Name Your Altcoin)Let's dive right in as I feel that we've been going through many of these charts together...
If this is the first trade idea you read, please keep in mind that I've been writing dozens of these lately and so I tend to get straight to the point, bear with me.
This is requested by one of you and that's why it says "Name Your Altcoin" in the title.
Not because I am taking requests here but because it is part of that series.
You can make your own requests in the Bitcoin post.
VeChain (VETUSD)
We have lots of action, lots of signals, lots of data to look at and consider.
It is always like this... We have short-term, medium and long-term.
We have the moving averages, the volume, the oscillators, the candles, the waves, market sentiment, market cycle, correlations with other markets, correlations within the same market on and on...
What we are most concern about is confirmation, mostly.
Will VeChain finally move up?
How is the chart looking?
Sometimes we are concerned with the targets, the next target but this comes after bullish confirmation has taken place.
I like VeChain based on this close up:
We can see a higher low with today's candle breaking above EMA50, together with the break of a classic consolidation pattern and the blue arrow for a clear view of whats coming. This whole mixture confirms the bullish bias medium-term.
When we zoom out and consider the whole chart, we can see that VETUSD is trading above its December 2022 bottom low, which supports the short/medium-term bullish signals above.
Personally, for me that's enough.
Since most of the time these charts are used for trading, we only need to define a stop level, buy and hold. This is not financial advice of course but that's how traders do it.
➖ If it goes down and the stop level criterion is met we close at a loss.
➖ If it moves up... You know the drill; That's a winner, enjoy the profits and then comeback for more.
All these trade ideas are shared for informational and educational purposes only.
You are responsible for your own actions, we are all adults.
With that said... I really appreciate you, your encouragement, your comments and your continued support.
Namaste.
Vet Building up to something potentially?Many prominent names in the cryptocurrency sector have been doing very well token-wise some have been around for a while along with new-comers. Vetchain took advantage of the volume and uncertainty to rally up this past week 2% into July territory. IT IS currently up 3.4% on the Monthly & 9.4% these past 2 weeks. The smiley faces and white lines were my entry and exit for this past week. Vetchain is doing good needless to say proceed with caution when placing trades.
✴️ VeChain (Easy 115% Potential Mapped)12 Days of correction recovered in a single candle after a higher low... Yesterday's candle pushed VETUSD above EMA21 and EMA10, the bulls are now in control.
The low 11-Sep is much higher compared to 10-June (higher low just mentioned).
This means that VeChain is ready for its next bullish wave.
👉 We have a breakout and retest complete, easy 115%+ or much higher as the next peak.
👉 For more charts, more Altcoins, follow me!
Namaste.
VETUSD Flat IdeaIn my point of view Vet is running a running flat correction from the beginning. In present it is running the final leg. Let's see whether the supercycle wave 5is truncated or not. If 0.218 area broken and started pumping the 5th wave has truncated and a new wave has started. Unless that we can expect further downward movement. Currently wee are in the leading diagonal of cycle wave
We are so close now 🚀🚀🚀Vechain has been in a strong bear market since the middle of 2021 and I think we've hit the bottom most part of Vechain's channel.
We had a recent huge drop wick from 0.021 down to 0.013 and then an immediate retracement back to 0.021 signifying strength and support in this area. The beginning of a bull market is exactly what I expect in these months leading up to Christmas 🎄 🎁
VET/USD 3 Month ChartHello traders. I wanted to re post a follow up of Vechain. We broke the lower area marked on the chart, and we are filling the wick to the left. Big G gets all my thanks. I am a proponent of this software and can see it being implemented more in the main stream of business over the rest of this decade. Be well and trade the trend.
Teasing a breakup to new price discovery!I think we're so close to something big happening or an altcoin season in my opinion. Ever since the Ripple lawsuit by the SEC that Xrp is now considered not a security. This cannot be reverted. No appeal is going to change that decision so literally I believe this is the beginnings of the altcoin season and we're on the verge!
Patience for a new bullrun any moment.. and we can see that sentiment with mutiples of different crypto ready for big moves in this space, examples such as XLM, TRX (Tron), Flare, Songbird, Vechain, Pundi X and tonnes of others waiting for new price discovery. Ticking timebomb!!
Looks like breakout imminent for Vet!Vechain is quite undersold at the moment, although it's been forming this resistance on the way down and appears it's finally going to breakout to the upside 😀
This is finally going to turn things around for Vechain and I can't see it any other way 🚀
✴️ VeChain 2024 All-Time High Potential Visited (3,500% or 35X) Recently, I shared the potential targets for VeChain vs Bitcoin (VETBTC) for the year 2024, some people were quick to point out, "only 10X?"
If you look at the chart the potential goes higher, up to 16X and the Bitcoin pairings can produce different results compared to the Tether pairs.
VeChain vs Tether (VETUSDT) has a much bigger potential, it goes beyond 30X, let's dive in.
VeChain's last bull-market lasted 399 days from bottom to peak.
The bottom was hit March 2020 and the peak (All-Time High), April 2021.
The entire bull-market produced a run of 17,514% or 175X.
I know many people say this is untrue or not possible, they just don't believe this kind of numbers to be real but this is irrelevant because this is already in the past and this can be confirmed easily by looking at the chart.
Cryptocurrency is a new technology.
When it comes to the financial markets, this is a new asset class. As the market is new, swings are wild, potential growth is infinite, volatility is strong.
As the market becomes more mature, older, evolves, the swings become smaller, potential growth is still strong but reduced, stability takes place (lower volatility).
This is the case with Cryptocurrencies but it is still really early in this game.
I used three different methods to calculate the potential target as the next All-Time High, I will keep these to myself for now but the target sits around $0.696 or between this range: $0.676 and $0.700.
If we consider VETs current price, that would be a total/nice 3,500% potential or 35X...
What do you think about these numbers?
It is many times less than 2021, which is normal, but the numbers are still amazing by any standards.
Do you think this is possible?
What's your target for the next bull-market top?
Share in the comments section.
Namaste.
VeChain Macro ViewWe all know that markets behave very cyclical. Top to top and bottom to top days are almost exactly the same (give or take a few days).
If the amount of days stay the same, we could see a market top at the end of 2023 or at the beginning of 2024.
VeChain is also printing an inverted H&S. This is a bearish to bullish reversal pattern. And it started exactly at the 600 day when the bottom was in.
We will see what happens at the next 8 months.
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.
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!
