VET LOOKS BULLISHThe VET diametric has been over for several weeks and VET has entered an uptrend.
It has a flip support range that can be pumped towards tp by maintaining this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VETUSDT trade ideas
You Must See This - Analysis VETHi all,
I would like to provide an analysis of BINANCE:VETUSDT
We are currently trading above a strong support zone in the range of 0.037 to 0.039 . Moreover, we have established an uptrend starting around 0.015 .
Our initial goal is to remove liquidity from (x) and then test the resistance zone located between 0.060 and 0.068 .
You need to carefully monitor the stability of the support zone during retesting.
I'm inclined towards an upward price movement for the asset.
VET: Fractal Patterns and OpportunitiesVeChain (VET) is a blockchain platform that aims to improve supply chain management and traceability. The VET/USDT trading pair has been exhibiting fractal patterns on the daily chart, which can be used to identify potential trading opportunities.
Fractal Analysis:
Repeating patterns: The VET/USDT chart has been forming a series of repeating patterns, such as triangles and flags. These patterns suggest that the price is likely to continue moving within a range until a breakout occurs.
Fibonacci retracement: Applying Fibonacci retracement to the previous bullish impulse wave shows that the 0.618 and 0.5 retracement levels are at $0.06 and $0.07, respectively. These levels could act as potential targets for a breakout.
Trading Opportunities:
Breakout trades: Traders can look for breakout opportunities above the resistance level of the current pattern. A breakout above $0.055 could signal a continuation of the bullish trend.
Retracement trades: After a breakout, traders can look for retracement opportunities to enter a trade in the direction of the breakout. The 0.618 and 0.5 Fibonacci retracement levels could be potential areas of support.
Artificial Intelligence (AI) Hype:
There is currently a lot of hype surrounding AI-related cryptocurrencies. VET has been associated with AI due to its partnership with IBM and its use cases in supply chain management. This hype could provide additional tailwinds for the VET price.
Conclusion:
VET/USDT is trading in a range on the daily chart, with repeating fractal patterns. Traders can look for breakout and retracement opportunities based on these patterns. The recent hype surrounding AI-related cryptocurrencies could also provide additional momentum for VET.
Vechain 0.05 - 0.08Blue graph taken from Vechain's 2021 run at the exact same time bitcoin hit its ATH. Vechain has acted almost the exact same as is did back then to even the same percentage drops. Will be interesting to see if it can ride to .08 cents. It only took Vechain around a month to get to .26 cents after that.
vetusdt Chart is a masterpiece clean and precise targetsHI everyone,
Vechain chart looks promising and its product looks good as per my opinion.
Long term accumulation is done and its going to reach its target which is .10 cents. At the moment, i would like the daily and weekly candle to close above 0.05 cents for the target.
An indicator i have used in this chart which is called aroon. whenever the blue line comes all the way down and orange line goes all the way up and they both stays around there, it means the trend has strength and we keep expecting more strength as you can see in the previous structure and reflection of strength by aroon indicator.
Please do your own research as well
Please like and subscribe for more analysis as i will be posting more charts if market stays in good shape
VeChain to much higherVeChain is setting up potential long term trade similar to the trades we took in SOL, AVAX, WOO, Theta etc.
I will be accumulating during pull backs to my buy zone of 0.03910 to 0.04010.
VeChain is setting up multi time frame squeezes and I'm expecting explosive moves to much higher prices. This is a weekly chart so this move will take some time to play out.
My price targets for VET is as follows:
PT1: 0.06480
PT2: 0.09226
PT3: 0.1069
PT4: 0.1490
VET - there's another roughly 45% to goAfter Bitcoin, many altcoins are also returning to their former strength in the year 2024. Among the most attractive altcoins in our view is VET. The price has seen strong gains in recent days and appears far from the end of its rally. We expect VETUSD to rise by around 45% once more before the price begins a noticeable correction.
However, we advise waiting for a decline to around 0.042 before entering a long position. The reason for this is that the daily chart currently appears overheated and should first cool down.
Please note that the trade idea is an approach applicable if one wants to execute the trade "in one go." For day and swing traders, there may be further attractive trading opportunities with better RRRs in the upward direction.
VET/USDT Ready to continue Upward Movement?? VET Analysis Today💎 VET has been a notable focus in the financial market, recently achieving a breakthrough by surpassing a significant resistance area, marked by a strong green candle. Following this breakout, VET has entered a valid retesting phase at what was previously a key resistance, now acting as support. This development indicates a probability for continued upward movement, with our next target being the Bearish OB area.
💎 However, should VET struggle to achieve new highs and sustain its upward trajectory, it might retreat back to retest the support level around $0.0345 in an attempt to gather new momentum. If, during this retesting phase, VET fails to demonstrate a strong bounce or bullish candle confirmation, there’s a risk that it could lose this support level, leading it back towards the lower demand area of $0.0265.
💎 The $0.0265 demand area becomes crucial in this scenario. For VET to resume its upward journey, a strong rebound from this level is necessary, aiming to reclaim and sustain above the resistance level. Conversely, if VET shows a lack of strong response at this demand level, indicating a potential breakdown, it could signal a shift to a bearish trend, possibly leading VET towards a stronger support area.