VECHAIN IS LOADING UP ITS GUNS!VET will be stuck in this wedge for a while and rest; however, a parabolic move is out of the question! Once the resistance zone is broken, 1.618 FIB will be the beginning of a long but fast-and-furious journey!
Vechain
Vechain gearing up for an explosive move!Vet has been going sideways in accumulation for a almost a couple weeks now after its huge run up creating new ATH's and support. I believe its just a matter of time before we see VET go on another huge run creating new ATHS and upper supports! All we have in the way is 1 FIB resistance level coming from the ATH! the longer the accumulation goes for the stronger and more explosive our next move will be! The MACD is looking good we are starting to see a slight point up, I think we are going too see a golden cross any day now at the start of the next run up! We are seeing a nice spread among the EMA ribbons which are also slightly pointing up, dont think we will see a flip of the ribbons anytime. And the coppock curve has been on the fall and we are now reaching the bottom and i expect us to see a reversal sometime soon. Overall very bullish on VET i believe this project is going to play a crucial role in the future of crypto and real world retail which it is already dominating in! NFA just my opinion!
VeChain - Looking Very StrongVeChain - Daily Chart Update:
The Stochastic RSI is indicating that the %K (Blue Line) has popped back up from the oversold zone with the %D (Orange Line) still slightly in the oversold zone. The Stochastic RSI is indicating VET has plenty of room to move up before becoming overbought on this indicator. Note that the %K (Blue Line) is above the %D (Orange Line).
The ADX DI SMA is indicting the trend strength is very strong with the ADX (Yellow Line) at 62.7 but slightly below its 10 Period SMA (White Line) which is at 64.1. We’ll see renewed upwards strength once the ADX crosses back over the 10 Period SMA. The +DI (Green Line) is at 21.02 still above its -DI (Red Line) which is at 5.2.
VET is still above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen). The Conversion Line (Tenkan Sen) is indicating that the short-term momentum is sideways at the moment.
The Ichimoku Cloud Lagging Span (Chokou Span) is indicating momentum is sideways with a slope upwards.
VET is above its Bollinger Bands Middle Band Basis which is a 20 period SMA.
VET has found support from its 0.618 Lower Dark Green Pitchfork Support Line.
As you know VeChain is a two coin system with VET (Smart Money) and VTHO (Energy).
VeChain has about 2 1/2 days left on the vote for reducing the Gas Fees with VTHO. At the moment it looks like they will reduce the base gas price by 1% of the current gas price. Reducing the gas fees is a good thing as it will increase purchasing power & encourage clients to use VET & VTHO. People are screaming “lowering the gas will make VTHO drop” This is wrong, lowering the VTHO Gas Fees will not effect the market price of VTHO. VTHO has dropped but not because of the vote, it’s dropped because of traders panic selling because they don’t realise that lowering the gas fees will encourage more clients and partnerships for VeChain thereby increasing utility.
VeChain already has a real world, very strong client base that every other Crypto is now striving to achieve. I am still very bullish on VeChain and as i keep blabbering on about, i still believe VET is the most criminally undervalued crypto ever! Looking at some of the absolute crap crypto coins in the top 10, i have now doubt that both VET & VTHO will be in the top 10 in the very near future.
I hope this is helpful. 👍
VET pointing 0.15 with +50% spike next.This are my expectations from VET in the near future. It could spike higher of course, we will see how much FOMO the next pump brings.
I also have the red scenario with rejection from 0.09 area.
We are depending on BTC next steps. He will lead the way.
I maintain my opinion, from 0,1 it will spike higher towards 0,15.
THIS IS NOT A FINANCIAL ADVISE!
Take care of your hard made money GUYS!
CHEERS!
VeChain Triangle Consolidation; Watch BreakoutGood afternoon,
Leave pending orders for triangle breakout. See graph for take profit, stop loss levels.
Ratio 2:1.
Good luck!
VET - Accumulation ATM - Look for a key break outside the box!Hello Traders,
VTHO is moving pretty hard right now or at least has had a nice bounce to the upside.
VET will most likely continue to accumulate for another 3-4 days, before breaking outside of the upper trendline of the box.
Buy, Hold, Realize gains!
VTHO - Setting up for something nice! Targeting 92% gainsHello Traders,
We have a familiar pattern forming on the daily chart for VTHO.
If it repeats previous breakouts, we could see a very nice push to the upside.
I’m DCA’ing my orders in as it ping pongs between the triangle trend lines, which as soon as it breaks that top line, I’ll be setting my targets to the recent highs and then holding a trailing position, if it can break into price discovery.
Good luck!
[35%] VET / USDTAnalyse :
- We still above the Kumo, Tenkan, Kijun
- We can see a canal in yellow
- We still above 0.786 Fib
- Target 0.122$
What Is VeChain (VET) ?
VeChain (VET) is a blockchain-powered supply chain platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.
The platform uses two in-house tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain.
The idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users.
VET.USDT (P21.P2.E3).Trend opportunity.Hi Traders,
Using the EMA ribbon along with formation and candle sticks on this 8 hourly chart, we are likely to have a good entrance.
Note, the 8 hrly candle must close bullish but not too big as well.
Potential hidden bullish div. on the 8 hrly.
This also is a subset of a macro formation that I discussed previously, link below.
All the best,
S.SAri
VETUSDT | Do Not Miss The Opportunity!Hello, traders!
Let's talk about VeChain. Now it has a nice opportunity for potential dip buying.
VETUSDT ANALYSIS
The price of VeChain was in the strong uptrend for a long time and now it is in the reaccumulation phase. We can see the support level of the accumulation cycle (weekly S1, $0.078). There is a high probability that the price will test this level again and bounce off it. Thus, it is nice idea to set the buy order on this level.
VETBTC ANALYSIS
Let's take a look also at the VETBTC price action. It formed the the upward trend channel. There was the bearish divergence with the MFI and the rejection from the channel's upper band. Now everything looks like that the price will reach the lower channel's band and the weekly S1 pivot level before the uptrend continuation.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Vechain loading up momentum Vet has been holding our 0.2 FIB level solid and i believe we will see another daily close above here. Our stoch RSI is looking good slowly coming out of the oversold zone aswell our RSI has been going sideways for a little bit now but we are seeing it sloping slightly due to recent price action. The RSI is kind of close to the overbought range, but we have been since the beginning of March without any noteable big dips. I think a lot companies and institutions and retail are starting to realize what VET is and the potential for the great technology its providing. Last the MACD is looking the same as RSI and Stoch building momentum the more accumulation. We could see a Golden cross any day now in my opinion, Not financial advice!
VeChain - Daily Chart IchimokuVeChain - This time a Ichimoku Cloud (Kumo) Daily Chart Update:
If we look at this daily chart for Vechain, we can see just how good and strong it looks.
VET is well above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) levels.
The Lagging Span (Chikou Span) is indicating momentum is sideways with a slight slope downwards.
The Conversion Line (Tenkan Sen) which is the faster line is showing short-term momentum is sideways.
The Base Line (Kijun Sen) which is the slower line is angled slightly upwards confirming this sideways momentum.
VET has found strong support from its 23.6% Fibonacci Retracement level and has closed above it 4 days in a row and looks like it's about to make it 5 days in a row 👍.
VET is still well within the Bullish Zone of the Ichimoku Cloud Indicator.
VET is quite a distance away from crossing back over the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) support lines, so for the foreseeable future, i cannot see VET dropping into the Equilibrium Zone let alone the Bearish Zone for this time frame unless there is a complete crypto market crash which i cannot see happening especially because this 2021 Crypto Market is completely different to the Crypto Market of 2017/18 where it was only speculation that was making cryptos rocket. Now we have DeFi, Smart Contracts and big institutional Investors interested & investing in Crypto.
VeChain is still looking absolutely fantastic especially on this daily chart. I keep saying this but it’s true, VeChain is a crypto with a client base that would make any corporate jealous with envy, it seems to have completely gone under the radar of most and i still feel it is the most criminally undervalued crypto ever, the way VeChain has been moving the last couple of months, it may not be so undervalued for much longer! Its a good thing it hasn't broken out just yet, as its pay day in about 30mins and i want to acquire more before VET closes over the $0.1 mark 😜.
I hope this is helpful with your Trading or Hodl-ing. Good Luck 👍🔥🚀🌍🌔🪐
VET new growth channelEventhough the last few days felt as if VET was only falling down, but if we moved the line of the growth channel before the big BTC dips we can see a new growth channel is setup aligning the same angle as the previous growth channel. This seem to be the most promising prediction as we have retested the support already many time, but I also doubt to fall so far down to test another support as that would mean a big crash.
