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Vechain

Long on VETI think we are about to see a pump out of VeChain. Indeed RSI is in the 'buy zone' and I believe we are approaching the bottom. Linear Regression candles also started to flip green which is a good sign but we need confirmation of uptrend with a green candle above the white line. I would not like price to go below the strong support at $0.056 even though we could see a wick to that level. We might see the start of a W pattern just like we had in previous months. When the bounce occurs, I expect price to go back up to at least the 0.5 fib level at $0.16 or top of the channel at $0.17 for a potential break and retest of the triangle line. I think if we break white line on RSI we should break through the triangle, if not we could come back down and consolidate some more inside the yellow triangle pattern. What are your thoughts?
Long
by Fenrir_Crypto
VeChain - A quick analysisVeChain was in a massive Rising Wedge Pattern and has broken below it. VeChain is now in a new massive Symmetrical Triangle Pattern. VeChain needs to stay above the Ascending Trend-line of the Symmetrical Triangle for any real upside recovery to take place. At the moment of typing this, VeChain is below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. We need VeChain to break back above and more importantly close above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. At the moment of typing this, VeChain is above its Least Squares Moving Average (LSMA). At the moment VeChain has found support from the LSMA. We need this daily candle to close above the LSMA. At the moment of typing this, VeChain is above its Volume Profile Fixed range Point of Control (VPFR POC) fro this charts fixed range off 29 daily candles that i have selected. Note that yesterday’s Volume Bar ended in the Green and closed above its Volume 20 period Moving Average. It’s still uncertain if today will end in the green. The Average Directional index (ADX DI) is showing that the -DI (Red Line) is still above the +DI (Green Line) indicating that Negative Momentum is still dominant over Positive Momentum on this 1d timeframe. Note that the -DI (Red Line) has dipped slightly to 31.03 and the +DI (Green Line) has risen to 9.02 but it looks like it’ll be awhile before we see the +DI (Green Line) cross back above the -DI (Red Line) on this 1d timeframe. Note that at the moment, the Trend Strength is strong with the ADX (Orange Line) at 34.40 and still above its 9 Period EMA (Black Line) which is at 28.80. The Moving Average Convergence Divergence is indicating momentum is still downwards and note that the MACD Line (Blue Line) is still below its Signal Line (Orange Line) and is also in the Negative Zone below the 0.0 Base Line. We need to see the MACD (Blue Line) cross back above the Signal Line (Orange Line) on this 1d timeframe for any real recovery to take place. I would not get excited unless VeChain closes a daily candle back above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1d timeframe. Here is a closer look at this VeChain chart. I hope this is helpful with your trading and hodl-ing. Rising Wedge Pattern = Ascending Converging Black Dashed Lines on chart Symmetrical Triangle Pattern = Ascending/Descending Converging Black Dotted Lines on chart LSMA = Black Squiggly Line on chart Bollinger Bands = Grey Bands on chart VPFRPOC = Short Horizontal Red Line on chart
BINANCE:VETUSD
by TradingThroughTheLens
3
VETUSD Ve-chain Trendline Support VETETH Bottoming FormationVe-chain VETUSD approaching trendline support on 3 day chart. While at the same time VETETH pair looks like it is about to bottom. RSI divergences and oversold levels have historically marked each major bottom in VETETH. Both ETH and VET are smart contract platforms, it makes sense for holders of Ethereum to rotate profits into a project like Ve-chain. A similar bottoming pattern was formed in the ADAETH pair earlier in the year which marked the start of a big run up for ADA.
BINANCE:VETUSDLong
by jaepayne
2
VET last time we made 186% impulse UPBINANCE:VETUSDT Vechain looks pretty solid! We bounced on D timeframe from downtrend FIB line, almost retest fundamental price (green line) Stochastic and RSI showed capitulation and we laying down. Last time when we saw this VET make a impulse move up in a few weeks and made 186% in this case we possible can see 0.768 level by fib and reach 0.23$ Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
Long
by Crypto4light
3
🆓VeChain (VET) Dec-10 #VET $VET . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.075$ zone 🔴Buy : 0.085 - 0.075 🔴Sell : 0.1 - 0.12 - 0.15 - 0.18 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.075$ zone 🔵Sell : 0.075 🔵Buy : 0.065 - 0.055 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation