VETUSDTVETUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
VETUSDT trade ideas
VET Long VeChain Partners with UFC to Launch Tokenized Gloves, Will VET Rally? VeChain has announced a partnership with the Ultimate Fighting Championship (UFC) to introduce tokenized gloves. These gloves, equipped with near-field communication (NFC) chips, will track fight data and authenticate the gloves’ genuineness through the VeChainThor network.
These gloves will debut at UFC 300 on April 13. They will be tokenized to record and preserve their history and data on VeChain’s blockchain. Post-fight, these gloves will serve as collectors’ items, the authenticity of which will be verified using smart contracts on the VeChainThor network. This step is considered an advance in sports memorabilia and also an improvement in fan engagement and sports integrity. Tagets 1-3 Marked
#VET/USDT#VET
The price is moving in a bearish channel on a 4-hour frame, and the price has adhered to it to a large extent
We have a downtrend on the RSI indicator
We have a higher stability moving average 100.
Entry price: 0.0444
The first target is 0.04681
The second target is 0.05028
The third goal is 0.05451
Stopped loss is below the green support area
vet 20% up soonvet held pretty strong during btc correction
now on 4hr rsi looks oversold
also the down slope resistance and 0.0488 is a resistance that needs to break in order to move up
even though rsi on daily hints to buy and macd printing faded red sticks givin a reversal sign
a potential 20% move awaits
.055 retest
4hr rsi hints at minor dump
let's see
VET ANALYSIS🔮 VET Analysis - Breakout Trading 💰💰
🌟🚀 #VET was trading in a Bullish Flag Pattern in daily time frame and breakout the pattern. We can expect a long rally after a small retest in #VET.💲💲
🔖 Current Price: $0.04718
⏳ Target Price: $0.05838
⁉️ 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
VeChain(VET): Looking For BreakdownVeChain caught our attention with a recent fakout occurring near a triangle formation.
With price finding a hard-to-secrue branch of EMAs (giving us a nice fakout), we are looking for a potential movement to lower zones, breaking that lower trend line as well. The setup is yet to be confirmed, but the vision is clear here!
Swallow Team
VET/USDT bullish momentum from demand? 👀🚀Vechain analysis💎 Paradisers, let’s delve into the intriguing movement of #VETUSDT. Currently, it’s retracing and meticulously retesting a critical demand level at $0.04248. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal.
💎 After successfully breaking out of a descending channel, the price of #VeChain is now confidently approaching the key demand level at $0.04248. If the price sustains its momentum at this level, we can anticipate a bullish reversal. With sustained upward momentum, the target lies above the formidable resistance at $0.061831.
💎 However, should the price of NYSE:VET dip below this pivotal zone, it’s crucial to adapt our strategy. We foresee a bullish rebound from the secondary support level at $0.03791. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate these market fluctuations!
MyCryptoParadise
iFeel the success🌴
finally vet getting ready for 65 to 70% bullish rally Seems Like Correction Has Already Completed & Now Finally Preparing For Upside Continuation Vet Moving In Bullish Flag & Recently Break's Falling Wedge In Shorter Tf Now Expecting Test Of Upper Trendline Once Upper Trendline Got Cleared Too Real Move Can Start Expecting 65-70% Bullish Wave In Coming days
keep eyes on vechain
VET/USDT A successful break the bullish flag, signal continue UP💎 VET has recently experienced notable market dynamics, currently facing resistance within a bullish flag pattern.
💎 A successful breakout from this pattern could signal a continuation of the upward movement, probability leading VET to test the next strong resistance area.
💎 However, if VET fails to break out of the pattern and faces rejection, there's a possibility of a retracement. In such a scenario, the price may retreat towards the support area around $0.034.
💎 VET must bounce from the support area if it intends to sustain the upward momentum. A failure to do so could indicate a shift to bearish sentiment, potentially leading VET to further downward movement.
VeChain (VET) - Bullish!VET is holding well above the 0.034 support mark atm.
Our current Resistance is at 0.054, which held major support during the 2021 bullrun cycle.
Target set at 0.074, which VET will atempt to test this next area of Resistance which also held a very strong Level of Resistance back in 2021 too after the Double Top failed rejection with BTC.
