Vechain
VET/BTC Daily Trend and projection. Is it possible?Messing around here on the VET/BTC chart.....Please feel free to issue feedback. I'm still green. Whenever the 50 MA dips below the 100 MA, it remains there for an average of 138 days however, as you can see in the chart, when the 50 MA crosses back over above the 100 MA, VeChain pumps on average 328% against BTC, each pump being approximately 100% greater than previous ATH against BTC. So, if this trend continues, in theory the next cross could see VeChain hitting somewhere around the .00001000 mark.
If there are any flaws here please let me know. I am still fairly new to this and would appreciate any critical feedback. Thanks!
Vechain Showing Strength (VET)Vechain's logistic token is showing strength amidst the positive sentiment in the market.
The market is moving bullish.
Use tight stops.
VeChain BullRun!Price 2017 bullrun: VEN (Vechain)
Date: 2017.12.16 , Price: 0,92$
Date: 2017.12.17 , Price: 1,25$
Date: 2017.12.18 , Price: 1,71$
Date: 2017.12.19 , Price: 1,41$
Date: 2017.12.30 , Price: 2,10$ ATH!
News: July 8, 2018 VeChain VEN to VET token swap.
vechaininsider.com
Prediction:
My opinion target: 2-3$ or high!
Info:
coinmarketcap.com rank number: 44
www.cryptoratesxe.com
VeChain (VET) - August 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(VETUSD 1W chart)
If the price holds above the 0.06265984 point, it is expected that the uptrend will continue.
(1D chart)
If the price holds above the 0.08458101 point, we expect it to turn into an uptrend and move higher.
In order to continue the upward trend, it must rise above the 0.11326725-0.12610267 section.
In particular, it is expected that a breakout from the downtrend line can accelerate the uptrend.
If it falls from the 0.06265984 point, it may touch the 0.03981204 point, so you need to trade cautiously.
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(VETBTC 1W chart)
If the price holds above the 158 Satoshi point, it is expected to continue the upward trend.
In particular, if the price is maintained above the 221 Satoshi-237 Satoshi section, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 214 satoshi-270 satoshi, it is expected to turn into an upward trend.
However, in order to continue the upward trend, it must rise above the 299 Satoshi point.
If it falls from the 214 satoshi point, it can touch the 129 satoshi-157 satoshi section, so careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
VeChain - Keep an eye on key levelsVeChain analysis:
VET is back above its 50EMA for this 1D timeframe.
VET is still above its Bollinger Bands Middle Band Basis 20 Period SMA. Note that VET is still walking upwards on the inside of the Upper Bollinger Band.
VET has found some resistance from its Pitchfork Median Line. If you are Long and waiting for confirmation then a close and successful retest of the Pitchfork Median Line as support is crucial for you.
VET is above its Volume Profile Visible Range (VPVR) Point of Control (POC) for this charts visible range.
VET is below its Volume Profile Fixed Range (VPFR) Point of Control (POC) for this charts fixed range that i have selected.
Note that VET has closed 3 volume bars in the green but they have all been below the Volume 20 Period Moving Average.
The Moving Average Convergence Divergence (MACD) is showing strong positive momentum and the MACD Line (Blue Line) is now in the positive zone.
The Average Directional Index (ADX DI) is showing a strong trend with the ADX (Yellow Line) at 29.89 above its 9 Period EMA (White Line) which is at 29.25. the +DI (Green line) has increased to 22.95 and the -DI (Red Line) has dropped to 9.85, this indicates an increasing in Positive momentum while a decrease in Negative Momentum.
The Chaikin Money Flow (CMF) is indicating that the CMF (Green Line) is now back above the Zero Line & back in the Accumulation Zone at 0.02. Note that the CMF (Green line) is way above its Least Squares Moving Average (LSMA) which is at -0.07.
The Relative Strength Index (RSI) is showing strong upwards momentum, note that the RSI (Purple Line) is still safely above its 9 Period EMA (Yellow Line) and note that the RSI still has room to move up before entering the Overbought Zone on this 1D timeframe.
So if you are waiting to go long on VET, a break above the Pitchfork Median Line and successful re-test of that level as support is crucial for you. If VET cannot make it back above the Pitchfork median Line then it could drop back to its Bollinger Bands Middle Band Basis 20 Period SMA as potential support, and as always, we need to keep an eye on what BTC is doing.
I hope this is helpful with your trading and hold-ing.
VeChain - Shorterm#SM.DUNZA-VETUSDT-30min-3TP #BINANCE #VETUSDT
Close short position if opened.
OPEN NEW/ADD TO LONG POSITION
Enter around: 0.08216
TAKE PROFIT:
0.08346, 0.0842, 0.08601,
STOPLOSS:
0.0780425,
We recommend moving stop loss to break even once the first TP is hit
Signal issued at 2021-07-30T18:30:00Z
VETUSD is at the start of a multi-month rallyVETUSD is now one of the most undervalued coins in the market while at the same time having one of the strongest technical supports to start a multi-month rally.
As you see on the chart, the price bounced 10 days ago exactly on the Higher Lows trend-line of the Fibonacci Channel and broke above the 1D MA50 (blue trend-line). The sequence resembles a lot the early November 2020 break-out fractal (even on RSI terms).
During that phase, the price also rebounded on the Higher Lows trend-line of the Channel and progressively tested the 1D MA50, the 1D MA200 (orange trend-line) and finally the 1D MA100 (green trend-line), all within a smaller Channel Up. At the moment the MA periods are set the same way, possibly for a similar test.
Every peak/ Higher High appears to follow an arithmetic sequence, the first was onthe 2.0 Fibonacci extension, the second on the 2.5 Fib ext. Can the next one (and potentially the last in this Cycle) be on the 3.0 Fib ext or it seems too high for the market cap to you?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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VeChain - Shorterm#SM.DUNZA-VETUSDT-30min-3TP #BINANCE #VETUSDT
Close short position if opened.
OPEN NEW/ADD TO LONG POSITION
Enter around: 0.0828
TAKE PROFIT:
0.08442, 0.08517, 0.087,
STOPLOSS:
0.0804,
We recommend moving stoploss to break even once the first TP is hit
Signal issued at 2021-07-29T10:00:00Z
$VET/USDT 4h (Binance Futures) Ascending channel on supportVeChain has broken the down-trend and is recovering quite quickly, let's join here.
Current Price= 0.08224
Buy Entry = 0.08217 - 0.07902
Take Profit= 0.08789 | 0.09418 | 0.09990
Stop Loss= 0.07443
Risk/Reward= 1:1.2 | 1:2.22 | 1:3.15
Expected Profit= +18.20% | +33.82% | +48.02%
Possible Loss= -15.22%
Fib. Retracement= 0.893 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07923).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 0.08989
TP2= @ 0.09526
TP3= @ 0.10170
TP4= @ 0.11550
TP5= @ 0.12250
TP6= @ 0.14157
SL= Break below S2
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HighAccurate forecast for
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07923).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 0.08989
TP2= @ 0.09526
TP3= @ 0.10170
TP4= @ 0.11550
TP5= @ 0.12250
TP6= @ 0.14157
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 / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VeChain Scythe IdeaA scythe structure on VeChain
These usually result (from my experience) in bullish continuation
As we can already see a breakout is occurring from the also triple bottom on the Fibonacci circle
The bars pattern in green is what we can likely expect from price action in coming weeks
VeChain - Lets have a look at yaVeChain daily chart update:
VeChain had broken upwards through its Falling Wedge Pattern on the 22nd July.
VET has broken upwards through its downward trend-line and successfully re-tested it as support 4 days ago.
Note that VET had successfully tested its Major Longterm Upwards Trend-line as support twice on the 20th-21st July.
As noted on the chart, VeChain may have a new Support Line if VeChain closes this daily candle above it and turns it into support.
VET has found some resistance from its 50EMA and has dropped below it. We 110% need to close a daily candle above this crucial level and turn it into strong support on this 1D timeframe.
VeChain is above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1D timeframe.
VeChain is slightly above its Bollinger Bands Upper band so we may see a drop back under the Upper Band or VET may continue walking upwards on the outside of the Upper BB.
Volume has increased and notice that todays volume bar is way above its Volume 20 Period Moving Average.
VeChain is back above its Volume Profile Visible Range (VPVR) Point of Control (POC) for this charts visible range that I’ve selected.
If VET goes higher, we can expect strong resistance at around. $0.0955
The Moving Average Convergence Divergence (MACD) is showing that the MACD (Blue Line) is still above its Signal Line (Orange Line) and we have Green Histograms of increasing size. We may see the MACD Line (Blue Line) cross back over the 0.0 Level into the positive zone. This would mean that a 12 Period EMA has crossed back over a 26 Period EMA on this 1D timeframe, this would be a very good thing. Note that the MACD Line (Blue Line) has not been in the positive zone above the 0.0 level since 17th May 2021 for this 1D timeframe.
The Average Directional Index (ADX DI) is indicating Positive Momentum has finally overtaken Negative Momentum on this 1D timeframe. The +DI (Green Line) is at 24.82 and has crossed over the -DI (Red Line) which is at 15.46. The ADX (Yellow Line) is starting to curve sideways at 28.46 but still below its 9 Period EMA (White Line) which is at 30.13. Note that this is the fist time the +DI (Green Line) has been above the -DI (Red Line) since 11th May 2021 for this 1D timeframe.
The Chaikin Money Flow (CMF) is indicating a sharp rise in accumulation with the CMF (Green Line) rising from -0.15 to the Zero Line at 0.0. Note that the CMF (Green Line) is back above its Least Squares Moving Average (LSMA) (Blue Line) which is at -0.13. It's a good sign of accumulation strength when the CMF (Green Line) is above the LSMA (Blue Line).
The Relative Strength Index (RSI) is showing a sharp rise in upwards momentum with the RSI (Purple Line) rising to 59.43 from back when it was in the Oversold Zone on the 20th July. Note that the RSI (Purple Line) is back above its 9 Period EMA (Yellow Line) which is at 44.86, this is a good sign of upwards strength.
Congrats if you managed to buy VET at $0.056 or near enough. This rise is great but we shouldn’t jump the gun & we obviously need to keep an eye on what BTC is doing and whether or not BTC can break out upwards from its sideways channel. For VeChain, the daily 50EMA is a crucial level to watch. If VeChain fails to close a daily candle above the 50EMA then VeChain may drop back to its Bollinger Bands Middle Band Basis 20 Period SMA, but at the moment it’s looking very promising VET will close above the 50EMA, but again its best to wait for confirmation if your uncertain to go Long.
I hope this is helpful with your Trading or Hold-ing