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VeChain / TetherUS PERPETUAL CONTRACT

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VETUSDT.P trade ideas

VET Broke Up and Retested Major ResistanceVET has finally broken 100 Daily EMA and a strong sloping resistance since May last year (only one false breakout had ever happened, just right before FTX). This is because BTC is also pumping hard (BTC.D is high) After the breakout, VET retested both said sloping resistance and 100 Daily EMA, and now it has broken previous high before the pullback, and also managed to close daily above Ichimoku Cloud with a huge bullish momentum bar (also worth pointing that Ichimoku Cloud forecast is green, sharply pointing up) Also, Daily 20 and 30 EMAs have crossed above Daily 50 EMA and are about to cross Daily 100 EMA as well If BTC moves up or sideways, then the next target would be around $0.025 which is also where 200 Daily EMA is (the last time VET managed to successfully break through 100 Daily EMA was in March last year, where it reached 200 Daily EMA and did a false breakout above it) If BTC moves down/does a correction, then most likely VET will retest $0.02-$0.021 level again Key Events: Lunar New Year on Sunday and Weekly Close on Monday Future targets/key points are marked as red lines on the chart Happy Trading Not a Financial Advice
Long
by OTWhale
2
VET/USDT still in sideways movementHey, guys ✌️ VET coin is the last from cryptos we will be looking into today. We see that price is still inside the sideways path where we move from one side to another resulting a nice, smooth, and calm movement. Currently we are waiting for price to reach the upper size of that path where we will be looking for a potential short position. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
14
$VET/#USDT [#VeChain]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $VET/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.02607 | 0.02756 | 0.03147 and the major support zones are respectively at 0.02216 | 0.01974 | 0.01583. We may consider entering a trade at the current price zone at 0.02484 and targetting higher level. - Technical Metrics Index: -- Current price: 0.02484 -- 24H Volume: 15,102,230.6324 USDT -- 24H Price change: 10.449% - Pivot Points - Levels: -- Resistance: 0.02607 | 0.02756 | 0.03147 -- Support:0.02216 | 0.01974 | 0.01583 - Indicators recommandations: -- Oscillators: NEUTRAL -- Moving Averages: STRONG_BUY -- Summary: BUY
by Crypto2AF
Vechain - Potential bottom inSince topping out in Apr 21 Vet has been in a bear market witnessing a major decline in price. But since the start of the new year Vet, like many other cryptos have witnessed a rally in price. This rally has resulted in a breakout of a major trendline resistance that has rejected the price of Vet multiple times in the past. Vet is above both the 9, 21 and 50 ma on the daily which is bullish and has broken through a key structure level that has acted as support and resistance going back, and seems to be approaching its Nov high. Providing Vet can remain above its moving averages and structure level that is around 0.02077 to 0.02175 then there's a good chance that Vet has potentially bottomed out (blue line). A slight pullback may be on the cards but overall I think its highly probable that Vet will break through its Nov high and then head towards the highs that it made in May and August (red line).
Long
by TheTradingHussle
VET is READY for the trend reversal! BULLHere are 4 simple reasons why VET is ready for a trend reversal: 1. A few days ago we saw a inverted head and shoulders succesfully breaking out to the upside. 2. During that formation there was a bullish divergence in the RSI. 3. At this moment VET is breaking out of the long downwards trend. 4. Beside that we can see that VET is breaking the resistance the 0,0194 region. With the right decent volume we could see the next stop at the resistance around the 0,028 region.
Long
by KennyCryptoNL
3
Whats next for VET? CONGRATS with you GAINZ!First of all congrats with your profit on VET BINANCE:VETUSDT . You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look. Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why: - VET is in a bullish trend. Check the blue trend line. - We're moving towards the daily 200 MA. - We broke the 50 and 100 MA. - Breaking the 200 MA and the path is clear towards the brown resistance box. - There is still a decent volume. But why do you have to be careful?: - We see a bearish divergence. - Breaking the trendline means we're in for a (small) correction. - The brown box is the next resistance zone. - The 200 MA could give resistance. Happy trading!!
Long
by KennyCryptoNL