Vechain continues moving down- Broke strong support zone
- Retested and denied
- EMA's curling away from each other
- Volume rising
- No real resistance until $0.035
VETUSDT.P trade ideas
🔥 VET Forming A Massive Long-Term Bull-FlagSince hitting the all-time high during May-21, VET has been trading bearish-sideways.
During this period of sideways movement, a bear flag has been drawn on the chart. Be aware that this assumes that the current bearish move is over and that the bottom is in.
Assuming we're going up from here, I'm expecting a bullish move towards the top of the channel. We can either break bullish or reverse after hitting the top of the channel. Since bull-flag patterns are classically bullish patterns, a bullish break out is to be expected. This also assumes that the crypto bull-cycle is far from over and can potentially take another 6-12 months.
Happy trading!
VeChain with currently 10.000% chanceHello everyone,
please see my current idea on VeChain, where my counts suggests a minimum target of around 1.2 $. This is due to the fact that wave 3 is similar length as wave 1 on log scale. Based on this knowledge I assume that the ''real'' bullish impulse is just getting started.
Let me know your thoughts.
This is no financial advice, just my technical view.
RT
VETSalaam
After a long time of red candles, seeing some bounce is very good!
There is an inverse head and pattern that VET broke with 30m candle.
But waiting for 1h candle to close significant above 0.052 is a better idea.
The target of the pattern is about 0.059 but there are resistances to break.
Waiting for the market to make new higher highs and lows, till then be cautious more!
Manage your RISK in all states of the market!
These days you all saw there is no impossible move for the market!
Good luck!
VeChain at a discount?Honest don't have much to say about Vechain, other than the fact that it has had a mojor drop in the past couple of months. Personally I think if price hits the final support and doesn't break it, I'll buy some VeChain myself.
(NOT FINANCIAL ADVICE, DO YOUR OWN RESEARCH)
VeChain on the way downBy breaking the resistance level of 0.0558, VeChain is going to meet the lower target placed on 0.035.
Go lower?Salaam
Today we see some bounce.
But the market arrives at resistance and in many coins, we see rising wedge or descending trend lines that could trigger leg down.
it could be only a correction for the bounce but regarding fear, in the market, it could hit local bottom if don't go lower.
So be cautious with your trades.
Waiting for the market to break resistance and enter in retest is a good idea that reduces the risk sharply!
Good luck,
VeChain is good for long-term investmentVETUSDT may be in Re-accumulation schematic, this coin is still undervalue and good for long-term investment. I am buying here and accumulate more if it drops lower to demand zone.
VETUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Since the moment of the last idea, we have gotten more complex and updated the local bottom, I am still waiting for an upward movement to form wave (d) in the global triangle.
Entry: market and lower
Target: 0.1 - 0.12 - 0.15
after first target reached move ur stop to breakeven
Stop: ~0.056 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
VETUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked).Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.12 and 0.15
after first target reached move ur stop to breakeven
Stop: under 0.08(depending of ur risk). ALWAYS follow ur RM.
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
VETSalaam
happy Friday
Regardless we are in a bull or bear market, it's not a bad idea to buy after 70 days falling and 65% OFF!
Also, 4h and daily stochastic indicator are in the oversold state.
I can't determine the exact bottom spot but understand that now is not a bad time to buy even the market not go to ATH!
Price action from 4th December that filled the wick and also double knock the level shows the bottom is near!
I share only my opinion and what I did, please do your analysis and trade only based on what you think.
Managing risk is the most important factor in all trading markets!
Good luck
VET 1DVet is currently fighting this white down sloping resistance line, and forming bullish divergence on RSI . Break above 0.236 and retest would be early signs of reversal, of course we would like to see a higher high formation on daily chart but over all I think VET is looking bullish . Also should keep an eye out on weekly level, retest of that wouldn't surprise me. P.S this is my first post and I am relatively new to crypto.
VET - is going to break this resistance VET is sandwiched between the level of the trend line and the lower boundary of the big value area. The price can still gather liquidity both above the trend line and below the $0.072 level. A breakout of the trend line could be a good buying opportunity. In case of a false breakout, a good opportunity to sell. In case of a breakout of the level of 0.072$ may be a good opportunity to sell. In case of a false breakout, it is worth opening a position in the opposite direction.
I would also like to note that volumes appear at the bottom, which is a good signal, but on bitcoin volumes appear at the top, and that confuses me.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
VET (Updates)VET been moving real slow, being drag down by BTC. Unable to climb back and continue the Apex trendline. Next key support down for VET will be 0.06072 (Blue line). On the RSI VET failed to hold 45.48 which is the key support on the weekly timeframe. RSI reaching oversold. Bearish cross on the macd.
VET 8H
