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VeChain / TetherUS

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VETUSDT trade ideas

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.
Long
by Ochlokrat
1
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.
by MyCryptoParadise
2
Got late into Vechain?Are we too late to get into vechain? Of course not! I'm too. No worries! Here's one of my favorite strategies that trying to catch up! Vechain has been lagging compares to other alts-coin, BUT what do we do in this case? Trade within the ranges that the market has given us! Long at support and hedge against your long at resistance . Make sure to add your stop-losses. Take % of the long, and keep the rest! Rinse and repeat until we break either down or up of the range. "What if vechain never goes ATH? We'll never know, but I'm range trader, and I do not care where prices might go. Miss your set-up? Look for the next opportunity! Don't chase prices, because that's where most traders get rekt!" Miss the bull-run? No worries, prepare yourself and wait for the next opportunity!
Long
by Tri-EET
#VETUSDT CONTINUED GROWTH TO $0.55LONG #VETUSDT from $0.0515 1h TF. This instrument is currently in the growth leaders, the upward movement structure continues globally, upon reaching the $ 0.05150 mark, we have started a sideways movement in which the price is currently located, trading volumes are quite high, there is a good price rounding to the maximum of the current growth after the breakdown of the marked hourly slope, I expect to see continued growth after the breakdown of the high with further movement to the level of 0.055$
Long
by CScalp_EN
VET ANALYSIS (BREAKOUT)🔮 #VET Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Symmetrical Triangle Pattern in #VET and trying to retests the level. It's a 4D time frame breakout and we will see more higher price in long-term. If the price perfectly retest the major resistance area then there will be a confirmation of bullish movement in #VET 📈📈 💸Current Price -- $0.04550 📈Target Price -- $0.08494 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #VET #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
3
Can VET Climb the Wyckoff Ladder? Decoding the ChartThe VET/USD chart shows an interesting development with a potential resemblance to a Wyckoff accumulation pattern. This pattern, if confirmed, could theoretically indicate a move beyond $0.20. However, remember that the crypto market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential pattern and its implications for VET?
Long
by ParabolicP
7
VET/USDT descending channel upward move? 👀 🚀 💎Paradisers! Our focus shifts to #VETUSDT as it navigates a descending channel, now nearing channel resistance with a strong bullish outlook. 💎 Throughout its path, $VeChain has been tracking along a descending channel but is currently setting its sights on the supply level at $0.05438. A breakthrough above the channel resistance and subsequent maintenance of upward momentum could herald a bullish journey towards the $0.05438 supply level. Surpassing this supply could open the doors to targeting even higher major supply zones. 💎 For the astute traders among us, should the upward trajectory begin to lose steam, keep an eye out for a potential bullish resurgence from the support level at $0.03812. Falling beneath this mark could indicate a transition towards bearish conditions.
Long
by MyCryptoParadise
VETUSDT ANALYSIS As a novice in the realm of analysis, I've recently delved into analyzing VETUSDT using Fibonacci retracement levels on the weekly timeframe. My approach involves identifying key resistance levels and setting targets accordingly. Given my beginner status in analysis, I am eager to receive your insights and feedback on my method and conclusions. Additionally, I would greatly appreciate any guidance or suggestions you could offer to help refine my approach. Thank you for taking the time to consider my analysis and share your expertise. Your feedback will play a crucial role in my growth as a trader. Warm regards,
by alyazegia
VETUSDT.1DBased on the provided market data, the VET/USDT pair is currently trading at a price of 0.042 USDT. The 4-hour chart indicators show that the relative strength index (RSI) is at 41.24, which suggests that the cryptocurrency is neither overbought nor oversold. The moving average convergence divergence (MACD) is at 0.00010, indicating a relatively balanced market with no clear signs of a bullish or bearish trend. The Bollinger Bands (BB) on the 4-hour chart is at 0.046, indicating moderate price volatility. The support levels on the 4-hour chart are at 0.039, 0.038, and 0.035 USDT, while the resistance levels are at 0.044, 0.048, and 0.050 USDT. On the daily chart, the RSI is at 68.61, which is approaching overbought territory, suggesting that a price correction might occur in the near term. The MACD is at 0.0043, which shows a slightly bullish market. The BB is at 0.04852, indicating moderate price volatility. The support levels on the daily chart are at 0.038, 0.034, and 0.032 USDT, while the resistance levels are at 0.046, 0.051, and 0.055 USDT. On the 7-day chart, the RSI is at 79.04, which is in the overbought territory, suggesting a possible price correction in the future. The MACD is at 0.0045, which shows a bullish market. The BB is at 0.04853, indicating moderate price volatility. The support levels on the 7-day chart are at 0.033, 0.026, and 0.020 USDT, while the resistance levels are at 0.074, 0.081, and 0.088 USDT. In conclusion, the market data suggests that the VET/USDT pair is currently in a balanced state with a slight bullish bias, especially in the long-term (7-day) perspective. However, the relatively high RSI on the daily and 7-day charts suggests that a price correction might occur in the near term. As always, it's important to consider other factors and conduct further research before making any investment decisions.
Long
by MarsSignals