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Vechain

VET/USDT Bracing for Potential Breakthrough Resistance? 👀 🚀💎 Paradisers, focus on #VETUSDT as it showcases a promising development. The asset is approaching a crucial resistance level, with strong indications of an upward movement on breaching this barrier. 💎 Reflecting on #VeChain recent market behavior, it has consistently followed a descending channel pattern. Recently, it broke above this channel and is now gearing up to challenge the resistance at the $0.03793 zone. There’s a significant likelihood that NYSE:VET will embark on an upward journey, aiming to overcome this major resistance. 💎 #VET traders should remain versatile and ready for different outcomes. If it fails to sustain its upward trajectory and dips below the current demand level of $0.02741, the market's direction could shift. Traders may then need to pivot their focus towards a bullish recovery from a slightly lower demand level of $0.02653. 💎 Crucially, a fall below this lower demand level would be a signal to reassess the situation. Such a development could indicate challenges in maintaining the bullish trend, requiring a strategic reevaluation of the market approach. 🌴💰
Long
by MyCryptoParadise
1
VET/USDT Bullish Outlook from Key Support Level? 👀 🚀VeChain💎 Paradisers, focus on #VETUSDT as it displays a promising pattern. The asset is currently maintaining a critical support level and is gearing up for a potential bullish movement. 💎#VeChain has shown a tendency to follow a descending trendline, breaking above it to initiate an upward trajectory. Presently, after retesting the trendline, it is demonstrating strong momentum at the key support level of $.02125. A break above the resistance at $.02188 could significantly increase the chances of a robust bullish movement. Should this upward momentum be sustained, NYSE:VET is set to target the resistance level at $.02262, with the possibility of extending to challenge further resistance at $.02372 💎 It’s also essential to be prepared for the scenario where #VET might fall below the support level of $.02123. In such an event, a bullish rebound from a lower support level of $.02071 could be expected. However, a descent below this level might raise questions about the sustainability of the bullish trend. 💎 In this dynamic trading environment, strategic insight and informed decision-making are crucial. Crafting a comprehensive trading strategy that encompasses effective money management and a thorough grasp of support and resistance levels is key to securing successful trading outcomes. 🌴💰
Long
by MyCryptoParadise_Simon
The Demand for $VTHO Grows Gaining Over 60%VeThor ($VTHO), an ecosystem token on the VeChain blockchain, has seen a massive surge in the last 24 hours, gaining as much as 60%. $VTHO rocketed from $0.00169 to $0.003 in a moment, displaying a gigantic green candlestick. At the time of writing, $VTHO was up 55.45% in the last 24 hours to $0.00275. The gains are significant, as the entire crypto market traded in losses, with more tokens recording significant declines. $VTHO's 24-hour trading volume has soared 2,800%, with $64.7 million worth traded, per CoinMarketCap data. The exact reason for the price spike remains unknown, although several reasons are plausible. VeThor Token is one of the two tokens employed by the VeChainThor public blockchain. While VeChain Token (VET) is the native token for the platform, VeThor Token ($VTHO) plays an essential role in the overall functionality of the blockchain. The VeThor Token is a VIP-180 Standard token that denotes the cost of using the VeChainThor blockchain. Its major function is to facilitate operations and transactions on the blockchain, and it effectively represents the network's smart contract layer. Bearing this in mind, it could be said that one of the main drivers of VeThor Token's growth might be increased adoption and demand for the VeChainThor blockchain. The demand for VTHO grows as more firms and organizations use the platform for their business purposes, as it is essential to pay network fees and execute smart contracts.
COINBASE:VTHOUSDLong
by DEXWireNews
VET/USDT Break alert, Bullish Momentum ?? Vechain Analysis Today💎 VET has successfully break the resistance trendline of its descending pattern, and we're looking for a daily close above this trendline to confirm the breakout. 💎 A corrective phase for retesting the newly established support trendline is expected before VET continues its upward trajectory. 💎 Historically, VET has twice rebounded from a strong demand zone. The first bounce saw a modest 13% uptick before retracing back to the demand area. On the second occasion, VET surged with a strong Marubozu green candle and confirmed a breakout two days later. This sets the stage for bullish momentum in VET's short-term movement. 💎 The bullish outlook would be invalidated if VET's daily candle closes below the strong demand zone
by MyCryptoParadise_Nathan
4
VET's Manipulative Chart: Spotting Liquidity Sweeps for Profit!Today, let's unravel the intriguing dance of VeChain (VET), a coin that consistently orchestrates a substantial pump following a liquidity sweep. It's time to decode the manipulative ballet and learn how to use these maneuvers to our advantage! 🩰📈 VET's Manipulative Symphony: Observing the Pattern: Ritual: VET engages in a dance of liquidity sweeps, luring unsuspecting traders into its intricate moves. Purpose: Each sweep creates a spectacle, shaking up the market and setting the stage for the next act. Mastering the Sweep and Return: Tactic: VET's modus operandi involves a sweep, swiftly grabbing liquidity, followed by an equally swift return to the prevailing trend. Opportunity: Savvy traders can capitalize on this pattern by strategically entering the market after the liquidity has been snagged and the price retraces. Navigating the VET Dance Floor: Identification of Liquidity Clusters: Key Skill: The ability to spot clusters of liquidity is paramount. These areas often become the focal points for VET's dance. Timing the Entry: Strategic Move: Enter the market after the liquidity sweep and subsequent retracement, aligning with the prevailing trend. Caution: Beware of false signals; confirm the upward momentum post-sweep for a more secure entry. The VET Advantage: Consistent Performance: VET's ability to consistently execute this manipulative ballet provides traders with recurring opportunities for profitable engagements. Educational Reminder: VET serves as a reminder that not all market moves are organic; understanding and adapting to manipulative strategies can be a valuable skill. Conclusion: VET's manipulative ballet is a spectacle worth studying for traders seeking an edge in the crypto market. By identifying liquidity sweeps and entering strategically, you can dance along with VET and turn its orchestrated moves into profitable performances. May your trades be as graceful as VET's dance on the crypto stage! ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
1
VET/USDT Uptrend Within the Ascending Channel? 👀 🚀 💎 VETUSDT has been on a steady climb, securely navigating within an ascending channel, signaling a strong likelihood of continued upward momentum. 💎 Currently, the price is retesting the lower boundary of this channel, presenting a significant chance for a bullish move. A critical point to consider is if the price breaches the lower boundary, a bullish strategy from the demand level may be initiated, with a break below potentially leading to a notable downturn. In this scenario, the interplay of probabilities and mathematics becomes crucial, offering a clear view of the risk-reward landscape for investors. 💎 As long as VETUSDT sustains its position above the demand zone, our MCP team foresees a potential rebound in its value. A definitive bullish signal would be the breach of the recent high at $.2168, marking a strategic entry point for market participants. Following such a breakout, we expect the price to approach one of our identified resistance levels, as outlined in our chart analysis. Notably, the second resistance level coincides with the upper limit of the extended ascending channel, potentially acting as a target for profit realization in the event of a sustained uptrend. 💎Paradisers, we remain vigilant for the establishment of a new higher high, a development that would likely usher in the next phase of the uptrend
Long
by MyCryptoParadise
1
VET/USDT bullish horizons? 👀 🚀 VET Today analysis💎 Paradisers, set your sights on VETUSDT as it approaches a resistance level, signaling an elevated likelihood of a bullish ascent. 💎 In our previous observations, veChain successfully broke free from a descending channel. Following a brief pullback, it embarked on a bullish trajectory. Currently, it's grappling with the resistance at 0.01937. 💎 Should it surpass this level, there's a strong probability it will challenge the above resistance once more. Alternatively, there's potential for it to harness bullish momentum from the demand zone at 0.01820. 💎 However, if it dips below this demand zone, the scales tip towards increased downward potential, likely leading the price to revisit the robust support level.
Long
by MyCryptoParadise
1
VET/USDT has a Good Run 👀 🚀| What's Next for VeChain?💎Yello Paradisers! Turn your gaze to VETUSDT. It's currently navigating within a demand zone, hinting at a possible bullish shift. 💎For quite some time, VET has been maneuvering within a descending channel. As of now, there is a high probability that VET will see a bull run to the Bearish OB and the supply zone due to volume surge. 💎If VET manages to cross the .0193 mark due to its Position in the demand zone and huge volume, the bullish probability will strengthen. While noobs might think of shorting around this level, it's prudent to see the bigger picture. 💎On the other hand, if VET descends below the .01820 demand mark, it might be gearing up to touch a more robust support zone. As always, keep your eyes peeled and strategize with foresight. 💎Sharpen your trading decisions for VeChain with ParadiseFamilyVIP. Immerse yourself in our expert analyses on VET and other potential tokens, refining your crypto approach.
Long
by MyCryptoParadise_Simon
Entering bull market?Bitcoin has officially entered the bull market, with closing above 20WMA the previous week and 20WMA crossing 100WMA this week, which is technically the start of a bull market. Now we also know that historically, when bitcoin keeps above the 20-week moving average line, altcoins tend to outperform it. What is the situation with VeChain now? We can see that VeChain has also broken above 20WMA with good momentum, although it might test it again for confirmation, also it has broken out of the falling wedge drawn, which is also a positive sign for upward momentum. Overall it never is just a straight row of green candles. We must also consider the orange line of resistance, which was tested twice before and never broke through, the line is also a 0.382 Fibonacci resistance level, which is quite significant. So in the following weeks, we might see the test of this price level and then return to test the 20WMA, if it holds we might confidentially confirm the official start of the bull market of VeChain.
BINANCE:VETUSDLong
by RejaA
VET/USDT WHAT NEXT? 👀 VET Today Analysis💎Paradisers, turn your attention to VET/USDT as it showcases a compelling trajectory, currently navigating within a descending channel and setting the stage for potential outcomes. 💎In the past, vechain broke free from its descending channel, embarking on an upward trend. However, after facing rejection at a higher resistance, it has once again aligned with the descending channel pattern. 💎 At this moment, it's revisiting the channel's support, hinting at two possible scenarios: Firstly, if the price upholds the 0.01600 support, we could see a bullish ascent towards our anticipated resistance level. Conversely, should the price dip below this support, we're confident it might gravitate towards the daily support once again. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
by MyCryptoParadise
VET finally ready for LONG?!Flip BTC for VET?! Looks llke the bottom is in for VET. VET/BTC-chart indicate upwards next! With some push from BTC and a clean break out I definitely see VET on a potential 80% trade. It will take some time for the trade to play out. A breakout from the VET/BTC pair could give VET/USDT some momentum to ride on. Both charts looks potential strong in bullish market, if VET break out! VET/BTC chart and VET/USDT match up well and 80% profit is possible. P
Long
by TaTaTaCrypto
Support range for short-term uptrend: 0.01599-0.01647Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (VETUSDT chart) (1M charts) In order to turn into an upward trend, the price must meet the HA-Low indicator, receive support, and rise above the MS-Signal indicator. Therefore, the key is whether it can be supported and rise around 0.006085-0.008837. (1W chart) The key is whether it can be supported by rising above the HA-Low indicator, that is, above 0.01741. Therefore, the key is whether it can receive support and rise around 0.01741-0.0211. If not, it is expected to fall to around 0.004398. (1D chart) It shows an upward trend near the HA-Low indicator. Accordingly, the key is whether it can receive support and rise around 0.01599-0.01647. To do this, we need to check whether we can break upward through the downward trend line and the M-Signal indicator on the 1W chart. 1st: 0.0197 2nd: 0.02382 You need to check whether you can receive support and rise near the 1st and 2nd levels above. If the price rises above the MS-Signal indicator and maintains the price, there is a possibility that it will turn into an upward trend. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
5 Weeks of Unwavering Support for VeChain (VETUSDT)💎Turning our focus to the #VETUSDT weekly chart, it becomes evident that recent price movements have piqued our interest. Over the past year, #VET has maintained a tight range, primarily hovering around the $0.015 support area. During this extended period, it has formed what appears to be a compelling triple bottom pattern, and the most recent bounce off this crucial demand zone has occurred consistently over the past five weeks. This remarkable resilience suggests strong defense by the bulls and amplifies the potential for an imminent upside breakout. 💎As we delve deeper into the chart, we note that #VET has now approached a long-term downtrend trendline. Intriguingly, this trendline, when combined with recent price action, forms a triangle pattern—a classic signal of impending volatility. Maintaining a cautious yet optimistic stance, we keep a close eye on the current support area, anticipating a potential breakout above the downtrend trendline. This critical juncture could witness a substantial shift in market sentiment, with the possibility of this breakout occurring on either the daily or weekly timeframe. 💎Envisioning a bullish scenario, should the breakout materialize as expected, #VETUSDT would likely embark on a northbound trajectory, setting its sights on the nearest Supply Area around $0.0216. Such a substantial price surge would signify a robust 50% increase for the #VeChain community, reinforcing the significance of these potential developments. 💎While the path to the upside appears promising, it's prudent to acknowledge that the closest resistance area coincides with the 50 Exponential Moving Average (EMA). This confluence highlights the importance of this supply zone and underscores its potential role as a significant hurdle for price advancement. 💎In conclusion, while we eagerly await the long-awaited upside breakout, we advocate for a cautious and prepared approach. The recent pattern of consistent defense of the support zone indicates a strong foundation for potential bullish momentum. However, it is essential not to rush into positions prematurely. Maintaining readiness for various market scenarios, including the possibility of a price retracement, is crucial. Paradisers, remember that prudent and informed actions based on confirmed price action are key in navigating this intriguing landscape.
Long
by MyCryptoParadise
Vechain next possible move?!!👀 VETUSDT Today Analysis 💎 Let's delve into VET. Currently, it's trading within a descending channel and we anticipate a breakout in the near future. 💎 If the breakout occurs successfully, it will likely trigger an impulsive move as projected. 💎 An important observation is that we have two confirmed order blocks in the lower timeframe. The price is expected to reach these levels due to the presence of liquidity. 💎 Previously, the demand turned into supply, causing a significant price drop and targeting the previous OB. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
by MyCryptoParadise_Simon
3
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift. 💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward. 💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line. 💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future. 💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
2