VETUSDT trade ideas
VET 4hr chart updates.2/05/22
4HR- Tapped weekly and reacted nicely, moved away from MO, gained support on the daily pivot and now finding resistance at previous swing high WO/DO and daily s/r.
reject here and possible move more to the downside. We are on the Floor on a macro scale and a close below the weekly s/r 0.04454 then we will be heading to the weekly s/r at into 0.03974 which is getting into old structure from Feb 2021.
LTF- 5m-there was a scalp short opportunity on the 5min TF at the swing fail currently about 3% drop.
30m- looking for a confirmation lower high on the 30mins preferably at the DO and daily s/r before taking a short position.
could find support again at daily pivot and this would be a good TP area and re evaluate.
OR a 4hr gain of the DO/WO and look for confirmation.
A gain of the upper blue structure line and will be looking to re evaluate for possible long term long positions.
#VET/USDT 1HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello community members welcome to this VET/USDT 1hr quick chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In a 1hr time frame VET/USDT formed an inverse head and shoulder pattern and broke the neckline.
In the current scenario, it's moving near the neckline and the green zone,
I am expecting an 11% gain from the current price
Mark.
Here we can take a long position for some decent profit on a leverage
entry:-$0.04830,$0.04880
target:-11%
stop-loss:-$0.04735
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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VETUSDTCurrently trend is in a macro wave 2 forming a bullish flag. In my view correction has been completed and now there should be a bounce towards upward movement, however OBV suggest there's still room for downward movement, hence I think it will retest 0.044 support.
Targets mentioned which are long term.
VETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for VETUSDT
The price has moved under the support line and we believe it will have a pull back to the lost area. If the price cannot fix above the resistance line, it faces more decline to the next support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
VETUSDT ASCENDING TRIANGLEVET has been ranging from the s/r levels by following a neutral ascending pattern and its currently at the verge of breaking out of the Resistance Level $0.0462 with the formation of a bullish double bottom pattern on 4hr timeframe. Wait for breakout at the Resistance Level $0.0462 to see if the current support would hold. A 4hr close above the level should prone an attempt to take a long position after it retests.
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VETUSDT - Possible higher lowHi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
I've closed my short trade on VET from my previous idea. Now i got a LONG signal from the 6H timeframe
Here is the trade:
SL: $0.05577/ 3.5%
Entry: $0.05772
Entry2: $0.05838
Take Profit 1: $0.6218/ 6.5%
Take Profit 2: $0.6142 / 7.8%
Estimate trade duration: 4 days
Estimate time to close the trade: 25 April - 27 April
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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.
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Bye-bye!
Good Luck!
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Chart Code:
Pastel Green Vertical Line - Long Signal (iJustCoin Phoenix Reader Strategy)
Pastel Red Vertical Line - Short Signal (iJustCoin Phoenix 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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VECHAIN - WHAT'S UP?BINANCE:VETUSDT
Despite the bleeding of BTC and US indices, VET looks like it's getting ready for one more pump. I love the project and I hold a large position in it, long term it will succeed but short term we may be looking at better buy opportunities. In case of a bear market, many investors will move away from risk on altcoins and the small caps won't survive a 50% BTC drop. I hope VeChain will.
In addition to that we can also see some established price action building up on BINANCE:VETBTC
Have a blessed day.
VETUSD (4H) Bullish reversalHi Traders
VETUSD (4H Timeframe)
Waiting for the upward break of 0.0640 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.0550 would cancel the bullish scenario.
Trade details
Entry: 0.0640
Stop loss: 0.0550
Take profit 1: 0.0695
Take profit 2: 0.0785
Score: 6
Strategy: Bullish reversal