Vechain attempting to flip inverse h&s neckline to supportCan see here on the weekly timeframe chart how it’s already closed one weekly candl above the neckline.there have been many daily chart candles recently battling to main support on that neckline as well and also an impending golden cross on the daily chart time frame set to occur in tthe next 1-2 daily candles as seen here —-> blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4 Since btcoin is still in the midst of it’s first correction since it has entered the parabolic phase of the bull run and we are so close to Black Friday which is often a time of year one can scoop up cryptos at a discount, this impending daily chart golden cross may be one of the few exceptions atelier where price action doesn’t immediately hav a big pump the same day as the cross. Vechain could always break apart from the pack though at that point as well and pump while most things are still correcting. Also a slight chance the market correction is over before Black Friday too. Whatever the situation may be, if we see Vechain correct here as well but also hold support on the daily timeframes 50ma,I will likely add a little bit to my Vechain stack *not financial advice*
Vechain
VeChain (VET) - Key Levels 2024VeChain has yet to push price action above the neckline in order to have a continuation to the upside. Breaking the neckline will result in VET reaching a target of Resistance at: "$0.08" with up to +60%.
Candle wick rejection has formed again on the weekly time frame at the levels between the following: $0.047 - $0.054. A pullback to these levels will likely hold strong support around "$0.034" and bulls will retest major Resistance at "$0.04" once again in the future!
VeChain: Let’s go! Last week, VET managed to move further away from our blue Target Zone (between $0.0179 and $0.0292). As a result, we now consider the low of the same-colored wave (ii) as established. In the short term, the substructure of the blue wave (iii) could prompt a temporary return into our Zone, which is why we are keeping it active for now. However, the primary trajectory remains upward. Once the blue wave (iii) concludes clearly above the resistance at $0.055, a brief interim correction should follow before another upward move completes the magenta wave (i).
Vet Looks Ready For 300 to 400% Bullish Wave Like Doge Chart Looks Extremely Bullish For Vechain I Posted 1st Breakout Falling Wedge After That Vet Bounces Currently Vet Approaching Towards Symmetrical Triangle,s Major Resistance (Multi Year Descending Trendline) Expecting Successful Breakout In Coming Days From Here Vechain Easily Can Give 300-400% In Midterm
VECHAIN another failed blockchainThis chart is of #VET priced in #BTC
A massively hyped supply chain project.
Another problem that didn't need solving by cryptography.
The chart has a massive head and shoulders is below a major previous low
and after this bull run, I can envisage losing more value.
#FinancialDamage
VETUSDT Long Setup Setting / Divergence on the ChartBINANCE:VETUSDT
COINBASE:VETUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
0.2295-0.2352
⚡️TP:
0.2360
0.2405
0.2440
0.2481
🔴SL:
0.2203
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
VETUSDT 1:1 Long Setup SettingBINANCE:VETUSDT
COINBASE:VETUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.02525
0.02551
0.02581
0.02621
🔴SL:
0.02354
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
VET VeChain Breakout with Price Targets (LONG)IF VET gets a volume increase soon, we will start breaking trough resistance. We have just broken out of a 6 month resistance trend line after finding a bottom. If we can get through the .702 fib re-tracement at 0.402, the we are heading straight to the higher targets towards the top of the channel with the dotted line 0.074 & 0.107
Spot buy and ride this one all the way up!
VeChain: ReboundedVET was pulled back to the 78.60% retracement (at $0.0221) of our blue Target Zone (between $0.0292 and $0.0179) after our last update. From a technical perspective, the low of the blue wave alt.(ii) could now already be established and a recovery could begin. However, this scenario (35%) will only be activated if the resistance at $0.033 is broken. For the time being, we maintain that there should be a further setback to the lower edge of the zone before the coin turns around. With the low in place, a significant increase above the resistance at $0.055 should then set in.
VeChain: Still Some RoomVET experienced a setback last week within our blue Target Zone (between $0.0292 and $0.0179). This development aligns with our primary expectation, as we still grant the blue wave (ii) scope down to the lower edge of the zone. As soon as the low has been established, the price should turn around and be carried above the resistance at $0.055 by the same-colored wave (iii). However, the minimum technical requirement for the low has already been met. Should the coin break through the $0.033 level directly (35% likely), we will already see it in the blue wave alt. (iii).
VET (VeChain): Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. Trend traders: wait for such a breakout. Swing traders can trade the channel, enter near channel support trendline and exit near channel resistance trendline of $0.27.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.02, then $0.015. Nearest Resistance Zone is $0.024, then $0.027.
VeChain green area to refill your bag before the alt seasonVeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked.
However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am quite frustrated by all this nonsense, woke socialist ideas. We are here to make money and create new tools in a new industry; who cares if it emits carbon or not? The whole climate change vs. crypto debate is highly hypocritical and political.
This is a red flag for me, so I do not invest in this coin. However, some friends and people I respect in the crypto community are all over this project, so here is my entry point.
VeChain is still in consolidation and has not reached the bottom of it. It will likely continue to go down, and a good price to hold for the upcoming altseason is 0.023-0.025. Ideally, 0.020 would be perfect, but I am not sure if that opportunity will come again. Anyway, this coin will probably do x2-x5 in the next few months, so it's not a bad deal compared to what banks can offer for your money.
DYOR.
VeChain: ReturnedVET returned into our blue Target Zone (between $0.0179 and $0.0292) last week. As we consider the blue wave (ii) to have ended, we interpret this development merely as part of the internal substructure of the same-colored wave (iii). Accordingly, we expect further rises and an overcoming of the resistance at $0.055. Investors could therefore open long positions within our Target Zone, whereby stops could be placed about 1% below the lower edge.
Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next.
💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support.
💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout.
💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success.
MyCryptoParadise
iFeel the success🌴
VeChain: Turned AroundVET gained sharply last week and left our blue Target Zone (between $0.0179 and $0.0292). In view of this neat turnaround, we now consider the blue wave (ii) to be complete and see the price in the same-colored wave (iii). This movement should reach beyond the resistance at $0.0550. Within the internal substructure, however, it remains possible that our Target Zone could be approached again, which is why we are currently keeping it active. In the event of a further dip, investors can once again cover their positions with long positions, whereby stops could be placed around 1% below the lower edge.
VETUSDTAs shown in the picture, the V-Chain factor was in a very deep correction from March 2021 to today. June 26, 2024, and then the price took off from the 0.012 levels with five very clear impulse waves. To the 0.05 levels and then. Then it made a correct triple ABC, as shown in the picture. And the fourth wave test returned, which forms a very strong support. With this currency? In light of this data, we entered the purchase of this currency from 0.02 by targeting the previous peak at 0.05, and by breaking it, the targets may extend to 0.09. From there, we may target 0.11 cents for this currency. Good luck to everyone, and if you have any questions, do not forget to leave them in the comments.
VET Set for Major Gains: Preparing for Alt Season SurgeVeChain (VET) is part of a blockchain platform that enhances supply chain and business processes. It improves transparency, traceability, and efficiency across various industries, including healthcare, agriculture, luxury goods, and logistics. With the VET coin serving as a transactional token, companies can ensure the authenticity and quality of their products.
Currently, VeChain shows significant potential. With a maximum circulating supply of 86.713 billion tokens, about 93.39% already in circulation, VET is poised for growth. The alt season is between Q4 2024 and Q1 or Q4 2025, during which the market is expected to see a substantial increase in volume. This period could present an excellent opportunity for VET to make significant gains.
At present, VETUSD's strong support level is at $0.02443. If this support holds, we could see a significant upward movement. However, if it breaks, the next strong support lies at $0.2028, from where a bounce is expected. We anticipate market volume to start increasing from October 2024 onwards, signaling the beginning of a bullish phase.
Based on our calculations, VET's bull run targets a minimum of $1 by Q1 2025. If VET flips the $1 resistance by Q1 2025, the maximum target could reach $11.2 by Q4 2025. Alt season often brings unexpected price surges, and we might see similar volatility this time. It's crucial to monitor the resistance zones and manage trades accordingly. We recommend exiting long positions around Q1 or Q4 2025 to capitalize on the bull run and alt season's end.
For more detailed analysis like this, follow us on TradingView to stay updated with our latest ideas. Share your thoughts in the comments, and let us know if you need analysis on any specific coins. We're here to provide insights and help you make informed trading decisions.
Is #VETUSDT Poised for a Major Breakout or a Steep Drop? Yello, Paradisers! Have you set your sights on #VETUSDT yet?
💎We've observed that #VeChain (VET) is testing a key resistance level $0.02686. If it manages to break above this resistance, there's a high probability of a bullish move. Recently, #VET has been following a descending resistance trajectory, and the recent break above indicates a potential upward trend. With the current bullish sentiment, if the price can sustain and the bulls remain in power, we can expect a move targeting levels above the strong resistance zone.
💎But what if #VET faces a strong rejection from the internal resistance at $0.02686 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543.
💎During this phase, many crypto noobs might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴