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VTHO / TetherUS

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VTHOUSDT trade ideas

VTHO - Inverted H & S Pattern - Waiting for ConfirmationHello Traders, It looks like we have an inverted Head and Shoulders patter forming the hourly. As well as a triangle forming on the hourly. I’ll be waiting for a breakout to the upside for confirmation that it is in fact forming the rest of the right shoulder and also breaking above the triangle trendline. Targets: Retesting the .008, .009 and if we can break the .01 range maybe we’ll see it pass it’s original high of .013 range. Good luck!
Long
by MarkStPeter
5
VeThor Token | UnderratedWhat. A. Week. Instead of patiently waiting for an altseason , we are experiencing imo; an allseason ! Insane gains for lots of cryptocurrencies, where today a couple of my favorites had great double-digit gains: $VET & $VTHO. Instead of posting another VeChain chart, I thought it was good to highlight VeThor Token for this time, as a lot of $VET investors tend to overlook $VTHO. For the ones who don't know, VeThor Token (VTHO) is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions (Binance Research, 2020). It means that VeChain Thor (VET) is the native token for the platform, while VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain (CoinMarketCap, n.d.). $VTHO is needed for every transaction on the blockchain, to run & maintain dApps, and usage of $VET smart contracts (Bitvavo, n.d.). So, think of this: if you invest in $VET, why not in $VTHO? If VeChain's price surges, VeThor Token will go along with VeChain's gains because of the transactions. In addition, $VET generates $VTHO, which means if you HODL $VET you will earn VTHO by staking, which can be used to pay for your transactions (VeChainInsider, 2019). Sounds great to me ;). Good thing to know is that 70% of $VTHO paid in each transaction will be destroyed, while the rest is awarded to the 'Authority Masternode Operator' (a server that is connected to the network operating the VeChainThor software), who validate and process blocks for the transactions (VeChain, n.d.). As $VET is showing lots of potential, I think this token is underrated as of this moment. According to CoinMarketCap, we saw 125%+ gains for $VTHO in the past 7-days. At January 18th, $VTHO had a high of $0.002 followed by a 'cooling period'. But in that particular period, we could see a bullish Gartley pattern while having higher-lows at all times. For now, it is totally understandable to have some bearish momentum, as investors are securing their profits. But for the longer-term, these two are looking very bullish to me.
by djaanos
5
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
48
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
13
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0040 TP2= @ 0.0050 TP3= @ 0.0060 TP4= @ 0.0070 TP5= @ 0.0080 TP6= @ 0.0090 TP7= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6