VETUSDT trade ideas
VET Wave C SetupVeChain peaked in three waves in 2021 during wave A, and wave B bottomed in June 2023, setting the stage for an anticipated wave C peak. Given the pattern of three upward waves and five downward waves, there is concern that the Wave C target may not be met. If the price exceeds the 2021 high, it is likely to achieve the Wave C target. Otherwise, it may peak during Wave 2, followed by a decline in Wave 3.
VET price update. After a successful breakout vet is still holding the green-marked zone as strong support at 0.03424 to 0.04008 for the last 9 weeks, which is a positive sign, and if it holds this support we could see a massive bullish move. As you can see in the picture it is also making a channel and While retesting the green zone it is also trading in a channel you can see it in a smaller time frame. We could take entry after it breaks out from the upper trend line of the channel.
Remember stop-loss is your friend while trading always use it while trading@everyone
#VET\USDT#VET
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it.
We have a tendency to stabilize above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.04.5
The first target is 0.0430
The second goal is 0.04660
The third goal is 0.04980
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?
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