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Vechain

VeChain VET price are holding up well, what are growth prospect?VeChain (VET) is a blockchain platform for logistics management. The idea behind VeChain is to increase the efficiency, traceability, and transparency of supply chains while reducing costs and putting more control in the hands of individual users. Maximally logistics optimization is very important in the current difficult times. Launched in June 2016, VeChain is now one of the oldest specialized blockchain-based logistics platforms. VET is a token used for transactions and other activities, while VTHO provides commission payment, similar to how Gas works for Ethereum (ETH) transactions. If we look at the chart with weekly candlesticks, we can see that for the last six months the price of VETUSDT has been trading above a strongly mirrored level. The liquidity zone of $0.02-0.022 in 2018, 2020-2021 and now skillfully played the role of resistance and support alternately for a long period of time. In case of a positive phase in the cryptocurrency market, $0.039 per VET should be an easy target in the coming weeks. The medium-term target is $0.06 according to the blue scenario. If the negative background and "wars" behind the scenes of the crypto market will continue (in particular, we described them in yesterday's FTTUSDT idea) Then the development of the white scenario can also be considered positive) The main thing is that buyers of VETUSD keep the price above the liquidity zone of $0.02-0.022 and then everything will be fine for VET in the medium and long term. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
17
VECHAIN TO £13- As you can see previously VET did a 15,000% increase within 2 years! - IF you were to invest £500 by dollar cost averaging in at around £0.02 a coin, £100 a month for 5 months if it stays at this price! - You would accumulate around 25,000 VET coins! - Now if you ware to divide your 25,000 VET into 3 sections you would have 8,333 coins split into 3! - TARGET 1 - SELL 8,333 at the 4.618 level (£1) - 8,333 X £1 = £8,333 - TARGET 2 - SELL 8,333 at the 21 FIB level (£4.87) - 8,333 X £4.87 = £40,581 - TARGET 3 - SELL 8,333 at the 55 FIB level (£13.27) - 8,333 X £13.27 = £110,578 If you have the patience and wait for VET to reach those FIB LEVELS, then your £500 investment could be around £159,492 - NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARH - ONLY INVEST WHAT YOU ARE WILL TO LOSE!
VLong
by ALTCOIN_BEAST
1
VeChain VET Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week. VET/USDT short Entry Range: $0.022 - 0.024 Take Profit 1: $0.020 Take Profit 2: $0.018 Take Profit 3: $0.015 Stop Loss: $0.025
Short
by BuySellMarketMaker
$vet #vechain/usdt 1hr Vechain is essentially following $btc #bitcoins lead, which is short term bearish. I am neutral for now on $vet but long term very bullish, at the minute vet is going sideways but my target for end of year is $1 vechain vet. As the fundamentals are excellent, for example #Vechain's partnership with PWC has been highlighted in the paper 'Importance Of Blockchain Within The Big 4 CPA Firms: Cryptocurrency’s Existence, and #Vechain has also become the official Layer 1 #blockchain partner of the ufc in a historic global marketing partnership With 900 million+ households across 175 countries, $VET will receive unprecedented brand/asset integration. fundamentally vechain is a excellent choice to buy and hodl, but to trade in the short term is of course reliant on bitcoins movements, as with most of the market. i would spot buy for now and hold, and not buy on margin until we get some clarification what the market (btc intends to do). I provided some Ta on the 1 hour for those that do want to scalp trade, rsi's aren't to high but currently going sideways for today. thanks like and follow for more updates. Technically Bullish.
by TechnicallyBullish
1
UPDATE: VET UP 29% after bullish signal - Ready for 148% 🚀🚀🚀VET pumped 29% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). VET is forming Leg A with a possible bull run to around to 0.063 USD (0.618) or 0.054 USD (0.5). Which is about 148% (orange price range) possible gain. VET is breaking out of the Ichimoku Cloud , which is considered bullish. The RSI is starting to warm up for a bullrun at 73. RSI Brown at 96. If we take a look at the Average Directional Index ( ADX DI) its in the bullish zone, now starting to move sideways. Currently VET is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well. I see more bullish than bearish elements. Since VET price and the RSI are still forming a higher low. Which is a bullish sign as well. Let the GAINS begin !! Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
VeChain (VET) - August 4hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (VETUSDT 1D Chart) Resistance: 0.04214-0.05546 1st support: 0.02299-0.02452 Secondary support: 0.01840 The 0.04216-0.05546 interval is the interval that determines the trend. Therefore, the important key is whether it can be supported by rising to the 0.04216-0.05546 section. To do this, we need to check if it can be supported by rising to the 0.02949-0.03286 section. If it falls from 0.02299 and is resisted, it may lead to further declines, so a Stop Loss is needed to secure cash. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto