VETUSDT trade ideas
Potential long VETUSDTTop down analysis:
W: Looking at the weekly we see VET touched a strong support zone and rebounded nicely. Yet we are still in a long-term downtrend on VET so enter trade with caution. (red lines)
D: Zooming in on the daily we can see VET had some consolidation near the support zone and broke out of the channel. When drawing a FIB retracement on the previous leg up we can see that there is confluence between the support zone and the 0.236 level.
H1: This brings me to this trade. Right now on the 1H, we can see a double bottom forming right on the above-mentioned support zone and FIB level.
Entry:
I would first like to either see a new range of consolidation forming and tracking it for a break-out. if this does not happen I will be looking at forming HL & HH. I will update this post when the time comes.
If you appreciate my analysis a like or follow would mean the world to me.
VETSalaam
After falling last day, it doesn't seem any rejection and bouncing!
VET going to make a rising wedge in 15m.
break it and could go down about 10% from here!
I'm still waiting for a good buying opportunity.
Do your analysis first before entering any trade.
Because you need efficient confidence to hold a trade and give good decisions.
Good luck!
VET: Cup and HandleVET/USD (4Hour)
Bullish case:
- Has found previous support and broke through resistance lines.
- Cup and Handle looks to be in play with it possibly hitting old support which should serve as resistance at the $0.08 range
- Golden Cross looking to form in the upcoming candles
Bearish Case:
- Could get rejected at the peak of the handle at $0.07.
Thoughts?
VeChain Weekly ChartVet Weekly Chart
Vet Chain is , as most of Crypto coins are, trending down since the ATH April 2021.
The last two weeks the price bounced off the major S/R around the 0.050 area, and is approaching another resistance at 0.06750
To make it to 0.075 (also 78.6% Fibo Ret of the last swing from 0.18755)
Vet price need to stay consistently above 0.06750.
Weekly trend reversal will be in place above 0.1000 and by the time would be nice to breakout the diagonal trendline
0.10 is also a 61.8% Fibo Ret of the last swing down from 0.18755
Below 0.050 the next stop may be the 0.040 area , with the nightmare scenario as to go to 0.030.
My focus will be on any candles pattern to confirm the 0.06750 support.
Also, at H4 Timeframe MA200 is now support.
This is only my personal view, Not Financial Advice here.
VECHAIN , Falling Wedge ✅All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #VETUSDT ( Vechain )
💹 Time Frame : Weekly
👤 Saeid.Mahbob
📅 10.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$Vet Long If price rejects to .0646 I will watch how buyers react to this level.
This is an important level where buyers are stacked up.
If price sells through this area = No trade
If price continues to rally = No trade
Confluence
200EMA>
50Ema>
VWAP test
Support
Demand zone
Potential bear trap
Pivot point (daily)
POC
Insane VeChain Bull Flag in Formation!Hey Traders,
This may be my most important trade yet! According to the Weekly chart of VETUSD, the price action has formed a bull flag (attached image URL). The breakout target out of this pattern is approximately 1.1-1.2 USD. In the rare case this does break down the target would be 0.007 USD (In this case we could open a short).
VeChain (VET) is a very revolutionary blockchain product, its utility is very unique compared to other Cryptocurrency Projects. The various amounts of things VeChain could be used to track for supply are infinite, not to mention it could also partner up with things like oracles AKA Chainlink to make it more efficient and data rich.
I hope this helped,
-Pulkanator
VETUSDT TECHNICAL ANALYSISThe candles break out down trendline and one candle open-close above to down trendline. Also, MA changed to direction as well. Not only that, we have received multiple buy signals from @EngineeringRobo as well and Candle is staying above to support line as well. If market not get any correction in short time, we may earn approximately 46%. Let's follow our analysis together and do not forget the follow me.
"NFA"
VETSalaam
All healthy markets need some correction after a decent rally.
VET retrace 60 Fibo of last up move.
Also, there are falling flag (channel) in 15m charts of many coins that could be a good sign to show the correction will end soon.
But remember that no pattern is perfect and always consider some percent to fail patterns.
So, manage the risk and use stop loss to control it.
Good luck
WIll VET continue respecting the up trend and chance to buy !!VET is in an up trend on fraim 15 min an maybe this our chance for scalping so guys my entry price 0.06389$
my first target 0.068$ /
second target .0.076$
and my stop loss 0.0617$ good luck everyone
NOTICE: THIS IS A SPOT POSITION NOT ON FUTURE YOU ARE RESPONSIBLE FOR YOUR SELF
VET/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
VET/USDT breaks out this channel and already retested it and lying on 200MA.
Entry: CMP
Targets: 30%TO 40%
Stop Loss: $0.0612
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
VET/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
VET/USDT is making a bullish symmetrical triangle pattern.
Entry: CMP
Targets: 20%TO 28%
Stop Loss: $0.0497
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
VET H&SHello, trading view community, should you like this analysis, please support with like and comments, Thanks
It seems that VET has compeleted a head and shoulders pattern in the weekly timeframe which means it may pullback to $0.07896 resistance zone and then probably carshes to $0.03455 - $0.03341 support zone.
at the bottom right, in the circle, the morning star formation has already been confirmed which is a very strong confirmation of bullrun.
both of them have been formed in weekly timeframe which is very strong signal to present two different trends in near future.
should traders take the morning star formation into consideration, then they may go long from $0.06400 and exit on $0.07890
or if you look at the H&S pattern, it's better go short from $0.07895 resistance zone and exit on $0.03341 - $3455 support level
this is a personal idea and I am not a financial adviser.