Vechain
VET DAILY TRADE #13 -> BREAKOUT PLAY!VET looking more bullish today despite BTC having failed at 58k. It came up for a break briefly, but wasn't able to close it on the 4h.
There is a possible entry back on support, that's definitely a play I may consider if we come down sharply.
If BTC can recover and try again at 58k then get ready for the breakout play!
-=-=-=-=-=-=-=-=-
AGGRESSIVE ENTRY
-=-=-=-=-=-=-=-=-
Buy the 'break and close' on 4h
-=-=-=-=-=-=-
TARGET: .25
STOP: If we break and close on 4h back below trend line.. or if BTC takes a big ole dump
-=-=-=-=-=-=-
-=-=-=-=-=-=-
SAFER ENTRY
-=-=-=-=-=-=-
IF BREAKOUT
THEN
Buy the successful retest of trend line
-=-=-=-=-=-=-
TARGET: .25
STOP: Same as above
-=-=-=-=-=-=-
-=-=-=-=-=-=-
SAFEREST ENTRY
-=-=-=-=-=-=-
BUY: .185
TARGET: .25
STOP: .175
-=-=-=-=-=-=-
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
Vechain - Symmetrical TriangleVechain (VET), Inside of a Symmetrical Triangle.
If you want to trade this pattern wait for a breakout with good volume and confirmation!
Possible breakout to the upside (7.6 % increase)
Breakdown target upper support level (7.6% decrease)
Symmetrical Triangles mostly breakout to the upside, especially in the bull market.
Not financial advise, do as you please.
VeChain- New ATH inboundBINANCE:VETUSD
Fib retracements confirm we are out of the pullback and consolidation period. Downward trendline broken, double bottom on 4hr chart confirmed post breakout of wedge (two green dots on Cypher B indicator, coincide with price action of 4hr chart).
3 confirmations of bottom
-Price action (always look at candles before indicators, rule #1)
-Fib levels held, and price action breakout of downward trend.
-double bottom on 4hr price action with dual confirmation on cypher B at these levels.
.24 is first price target, then look to following fib levels for resistance/ profit taking around .25 <-> .30
Regardless what happens to this coin in the near future, this is THE alt to hold long term, it will change the future of supply chain management by utilizing the power of blockchain.
VeChain: Cup and handle | VET SUPER BULLISHVeChain went out of the consolidation phase Sunday 02/05. A lot of people thought it would immediately break out.
But VET did something else. He formed a cup and handle.
What is a cup and handle pattern?
William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. The cup forms after an advance and looks like a bowl or rounding bottom.
A summary, I think VET is going to explode after this, it just touched the bottom and I think it will rise a lot when breaking through the second swing high (second triangle).
I really think VET is a top gainer!
VET DAILY TRADE #12 --> Bullish triangle days behind us?We are on the downside now of that triangle, there may be some trend lines to fit us back in there, but how many times have we adjusted them lines?! At some stage you have to let the pattern go.
I see the upper descending trendline, that's significant. I also see the support levels. And I feel tremendous pressure and connection to BTC price action. It is our gravity currently tying us together.
There is an opportunity to buy here ontop of support and hope that BTC holds long enough for us to touch the upper trend line and take profit.
I want to recommend it to ya'll but... BTC is too volatile right now. There WILL be a period of a day or 2 this week where ALTs can pump and we can see VET make that move but right now I feel its too risky.
VET BET12 our, long term. Setup nicely for a bullish inverse head-and-shoulders. Lows to $0.172 are tolerable, and price should return to the neckline at $0.22. Break above green neckline: $0.30 Target.
VET / USDT Key Support and Resistance AreaJust an analysis for the key trendline, support and resistance areas for VeChain (VET) against USD.
Intersting, how Fib retracement lines coincide with key points of the former support.
Will be following the price. If BTC continues its correction - support levels are here to keep an eye on.
If not - VET will be looking to break up from the channel and go for the new ath.
VET Vechain/USDSlightly adapting & analyzing this amazing project/pair.
at the end it's a market, you gotta adapt to the price action.
as shown, a really nice heading upward on the up-trend line.
3 touches so far, might be the last one.
altcoin season. Eth needs to cool off now, BTC dominance at 45%
VET DAILY TRADE #11 --> BTC fiendishly stabs VET!WE STILL IN UNCERTAINTY LAND GUYS!
The moral of my VET trades hasn't changed much. Buy on the trend line. VET fell sharply, and briefly, below the current trend line I've been using. Its created potentially a new trend line that I've drawn in with dull orange. I still prefer the bright orange lower trend line as I think it gives more context to price action.
When BTC comes straight up after dips like this, it has often indicated bullishness for small time frame. I do see a window here where VET could get a quick touch in on the upper trend line of this ascending triangle.
Just a sneaky touch, cheeky 10% and then we come down. That's the idea for today.
-=-=-=-=-=-=-
Todays VET Trade
-=-=-=-=-=-=-
BUY: Enter on the trend line , don't settle, get a low price.
TARGET: .223
STOP: .188
-=-=-=-=-=-=-
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
VETUSDT, Needs a strong breakout then growth. VeChainHello my friends, Everything is clear on the chart for you like always. So monitor the price's behavior in the circles and oval as o strong resistance zone witch the price must break it to growth. Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
.
Hello be doostan, mesle hamishe hame chiz bar rooye chart moshakhas shode. pas rafter gheymat dar dayere ha va beyzi be onvaane yek nahiye moghavemti ghavi rasad konid, ke gheymat baraye roshd bayad in ra beshkane. hemayat ha ham moshakhas shodan. moafagh bashid.
like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
Cup and handle forming, bounce off trending supportCup and handle pattern is forming on VET, we can see the handle forming now, with a bounce off two support lines (trend line & .5 fib). We do have .618 resistance line that we haven’t been able to break through. If pattern pushes us through, we could see new ath soon!