it's time to going down for VETUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.03010
Target2: 0.02964
Target3(Final Target): 0.02889
Stoploss: 0.03184
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Guy's if this idea was useful and it was intresting for you please follow for more
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VETUSDT trade ideas
VET's Epic Accumulation : Bracing for a BreakoutVeChain (VET) has been immersed in a monumental horizontal accumulation since May 2022, an extended gathering of bullish energy. Recent attempts to explosively breach the upper boundaries faced a swift rejection, potentially fueled by Bitcoin's overstretched conditions. As the crypto giant takes a breather, VET might aim for a retest around 0.02, revisiting an older trendline, before catapulting into a new era of growth.
Key Phases of VET's Accumulation Odyssey:
The Grand Accumulation (May 2022 - Present):
VET embarked on an extensive period of horizontal accumulation, fortifying its foundations for a potential bullish escapade.
The length of this accumulation suggests the potential for a substantial breakout when the time is ripe.
Explosive Attempts and the Swift Rejection:
Recent endeavors to explosively breach the upper boundary of the accumulation zone were met with a rapid retreat.
Bitcoin's overbought conditions might have influenced this pullback, creating an opportunity for a strategic retest.
The Unfolding Drama - What Lies Ahead:
Potential Retest at 0.02:
As Bitcoin exhibits signs of exhaustion, VET may strategically plan a retest around the 0.02 mark.
This maneuver serves a dual purpose, aligning with a historical trendline and providing a robust foundation for the next ascent.
Building Momentum for a Breakout:
The extended accumulation, combined with a meticulous retest, sets the stage for a formidable breakout.
Traders and investors should keep a watchful eye on the evolution of this accumulation drama, anticipating signs of a pending surge.
Strategies for Traders:
Patience and Vigilance:
Traders should exercise patience during accumulation phases, waiting for optimal entry points.
Vigilantly monitor price movements, recognizing potential signals for a breakout or retest.
Adapting to Bitcoin's Influence:
Given Bitcoin's influence on the market, traders must adapt their strategies to align with its prevailing conditions.
Utilize indicators and market signals to gauge Bitcoin's impact on VET's movements.
Conclusion: VET's Symphony of Accumulation and Breakout Anticipation
VET's prolonged accumulation period, coupled with a strategic retest, paints an intriguing picture. As the drama unfolds, traders brace for a symphony of accumulation and breakout, positioning themselves strategically for the crescendo.
📈 The Grand Accumulation | 🔄 Bitcoin's Influence | 🚀 Anticipating the Breakout Symphony
💬 Share your insights: How do you interpret VET's accumulation and what strategies are you employing during this crucial phase? 🌐✨
🐮💹🚀 Vet/Usdt Trading Idea 🚀💹🐮
Vet/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥.
Remember, this analysis is not financial advice ❌📉. Always conduct your own research (DYOR) and make informed decisions. Happy trading! 💪💰📊
#VETUSDT 4H Chart
Price had tapped into the 4h demand at $0.288 where it moved up from leaving another 4h demand zone around $0.3 and it is currently retesting the resistance around $0.34. MACD is bullish, RSI is bought and EMAs are turning bullish. Price needs to break and close above this resistance in order to aim towards the next area of resistance at $0.038.
#VET/USDT LONG#VET
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
Price Now 0.02571
First Goal 0.03265
Second Goal 0.03969
Representing 170% of the current price
You must pay attention to the rebound points to be used.
🚀VeChain (VET) Re-Accumulation Potential and Range Confirmation
#VET rallied +43% to Range High, confirmed to remain inside the range with new Monthly Close.
Potential re-accumulation range above major white breakout structure.
Possible move to tag Range Low as support for affirmation. 🚀📈
#VeChain #CryptoAnalysis
Mock Up Price Action for VET | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:VETUSDT | Near-Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Still watching and waiting for a movement like this before I consider entry into short. My most likely scenario to play out will be continued BTC ETF approval speculation and hype driven bullish pump for market leading into SEC decision, then upon the news dropping good or bad (IMO likely good and green light ETF approvals), a "buy the rumor sell the news" short term healthy pullback for the market. BTC has run for the past couple months and so in January my anticipated small/normal pullback correction and people taking profits playing to the buy the rumor sell the news.. Which this in my observation would initially present like a panic sell off of everything, but once folks realize BTC isn't going into the dirt and things stabilize out, range and accumulate, then ETH to take a turn in February next, before then the ALTs February into March. Money flowing from Large to Mid to Small to Micro cap as is the natural progression of things. And in March with the market having confirmed recovered and run bullish for all this time, some kind of bullish recovery top and then massive cascading dump leading into the BTC Halving event March through April, pulling back hard recovering, then May the beginning of a steady climb up and true bull cycle. I'm not chasing anything right now, as I believe its too risky to assume one way or the other. I Entered the market and made my trades October through November and essentially pulled out of all short term speculative positions/trading. I am now taking the opportunity to observe the market, watchlist and monitor the winners and price actions, map out potential bullish and bearish targets, and simply patiently wait for whatever this correction / crash / rug pull moment before cherry picking re-entering the market in earnest. Until then I will simply take advantage of quick trades in and out, in parallel to just accumulating my mid to long term bags of things I actually believe in like OKX:CSPRUSDT and BINANCE:XRPUSDT
✴️ VeChain Double Cup (Fast 125%-175% Bullish Jump)I have to mention this because we have to look at both sides... The short-term bearish trade idea I shared recently for VETUSDT failed miserably... And that's good to be honest because we prefer to see prices going up rather than down.
Here we have a giant cup and another one even bigger.
VeChain is set for a massive explosion, a move that can develop within days and last only a few days to complete... That's my belief. It can happen really fast once it starts.
With that said, there is always room for retraces and corrections once the action is already on-going, allow for this in your planning.
✔️ Wishing you success.
✔️ Happy 2024.
Namaste.
Vetusdt Trading opportunityBased on the recent bullish trend in VET, the price has undergone a correction and is currently exhibiting a structure resembling a typical round bottom formation.
If this pattern materializes as expected, it could lead to the formation of a small cup before a potential breakout.
The chart indicates the presence of a buyback zone and an important external demand zone, both of which are acting as strong support levels. Additionally, there is an internal supply zone and established resistance targets.
Your insights and engagement through comments and likes are appreciated. Thank you.
The key is whether the price can be maintained above 0.03175Hello traders!
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(VETUSDT chart)
(1D chart)
As it rises above 0.02776, I think the possibility of a full-fledged upward trend has increased.
However, since the long-term moving average is still reversed, the key is whether the price can be maintained around 0.03175.
If that happens, it is expected to rise above 0.04757-0.05385 and escape the bottom range.
If it falls below 0.03014-0.03175,
1st: 0.02776
2nd: 0.02110
You need to check if you receive support near the first and second levels above.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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