VETUSDT trade ideas
VET - AnalysisOver the past week, VET has been expected to rise to the resistance range of $0.0235-$0.024 and reacted negatively after forming a double ceiling pattern in this area. We can still consider the price inside the descending channel. Because the resistance range indicated on the chart was fake broken. But as long as the support range of $0.022 to $0.0225 is maintained, we can expect the price to exit the descending channel.
But if the price hits this resistance area with a negative reaction this time, the price decline can continue to the monthly support area of $0.020. For the trend to rise in the 4-hour time frame, breaking this resistance range is necessary to continue the trend. On the RSI indicator, you can consider a narrow ascending channel. As long as the bottom of the channel is maintained, we can expect an upward movement.
VETUSDT 1W LONG ANALYSISHi, friends. Nice to meet you
The chart we're going to analyze is the VETUSDT PERP chart
We're right above the very important support order block right now, and we've gathered all our strength to climb, so we're judging that it's going to go up
Please refer to your friends and have a good TRADING
VET/USDT 15 min chart Possible Bull FlagIn this idea I got a possible bull flag on VET that would be the catalyst to rise up to the max resistance within this last consolidation region before we see our last fall. Targets on chart in red. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains. Much love to my supporters - ND
VeChain VET Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
VET/USDT short
Entry Range: $0.022 - 0.024
Take Profit 1: $0.020
Take Profit 2: $0.018
Take Profit 3: $0.015
Stop Loss: $0.025
VETUSDT(H4)
Vet has finished his wave in the 4-hour 5-minute time frame and has also completed corrective waves A and B.
It is currently trying to complete the corrective wave C
The price range is 0.029 to 0.03 trading nodes and the resistance range.
The completion of the C wave can also be completed in the same range.
VETUSDT - $0.018XX in 12 daysHi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
VETUSDT is bearish at ALL timeframes. Short-term and mid-term it is bearish!
If you are holding your short position i'd recommend you to HOLD it till 0.018 levels. I expect this price level to be touched in next 12 days.
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Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
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Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy)
Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
Orange Dotted Line - Profit taking Point
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Vet/USDT Short📉N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
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VETusdt 1HVET has been following BTC moves and broader macro market suggestions. The negative price movement seen on its 1D chart exactly followed the BTC Chart. Sellers were taking advantage of the market condition.
After the double bottom at $0.02291 VET formed a beautiful bull channel, where it has already passed through the pressure of the Ichimoku cloud and a little more buying pressure can take VET to its closest resistance now that it is the edge top of the Keltner Channel at $0.02379 and after that the MM200 at $0.02475. An important indicator like RSI STOCH favored the bears on the 1-hour chart, VET could reach its support of $0.02355. Because of this overbought we can reach our target in the next 15 hours.
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Retest or ReverseHi everyone,
My last post was about BTCUSDT where I explained why we might be bullish for the rest of this week.
Looking at the chart of VETUSDT, the price has just broken the consolidation area to the downside, and we are now resting the support level to become a resistance level.
However, due to the fact that we are on a higher time frame support (or demand zone), we might witness at least a higher time-frame pullback to the upside.
In conclusion, if we see a rejection from the retest area, it means that we are going to make new lows and continue the downtrend. Although, if we get to break the area of consolidation to the upside, we might see a higher time-frame pullback which will create an opportunity to make a buy.