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Vechainthor

VET Looks Bullish For The First Time In MonthsCouldn't resist giving a quick update on VET before the weekend (taking a break). A while ago, I posted a chart suggesting that 100 sats was likely to be the bottom for VET, and that it could last a long time. Since then, it has pretty much held that support and even moved up slightly. It is only now beginning to move up convincingly with consolidation, rather than rejection. This is the longest period of time we've consolidated near 120 sats since the beginning of this long consolidation period. If the market continues to move up, we should see VET finally break the 127 resistance and move up towards the green resistance zones. We are also forming a flag, which could break to the upside pretty soon. Potential BUY setup: Aggressive entry - NOW with a stop loss below 113, or whatever you feel comfortable with. Or upon break of the flag. Conservative entry - break of 127/130 - however, this might be risky, as market makers have been taking some coins just above resistance levels before dropping them. This is an accumulation/shakeout tactic, as it causes people to lose patience. However, if this happens, I wouldn't be concerned - as I think it would continue moving up afterwards. TARGETS for near/mid-term: Green zones 127 130 140 150 160 180 On the short side, if VET falls below 100 sats, that's a clear breakdown, although a bigger shakeout is possible. Unlikely to happen unless we receive some horrible news. This is not financial advice. Just a quick update on VET, since it's still part of my portfolio and I've been observing its (mostly boring) movements. Things may about to stop being boring though. I've also noticed VTHO price increasing (which would indicate more network usage). -Victor Cobra
Long
by VictorCobra
Vechain possible $1 by OctoberYou have to remember that there are a ton of "gimmicky" projects in the cryptospace that have MASSIVE marketcaps that seem completely unjustified. We're talking marketcaps in the Billions for stuff that has no working real-world business relationships, and in some cases, no working mainnet. So what does that tell us? That projects with REAL fundamentals, like VET, have the real long-term investment upside. Now that we're done with the fluff, let's get to the meat of my prediction: WAL-MART. WAL-MART. WAL-MART. That's all you need to know, really. VET is correctly positioned to be the top choice in distribution logisitics, a $150 Billion dollar a year industry, and potentially revolutionize it -- offering deep discounts on tracking and tracing products, and far better reliability, trust and confirmation of where products are originating. Better for consumer, too. This is what blockchain was meant for, and not gimmicky silly projects that could implode any day now.
VLong
by Crypto_Millionaires_Club
9
With VeChainThor’s authenticating system for luxury wines One of the most well-known as well as one of its kind platform, Shanghai Wine and Liquor BlockchainAlliance, which was launched in 2018 has once again been in the news. Since there is no denial in the fact that this alliance has undoubtedly ended up enhancing the logistics as well as quality standards for the growing industry. This has also flourished as the middle-class Chinese consumers have gradually started developing a taste for the supple intoxicant. However, the concerning part is the counterfeiting part has equally grown along with the consumption. As per the reports, 65,000 counterfeit Penfolds bottles were seized by the Chinese authorities. COMBATING ILLICIT CHINESE WINE TRADE Well, this unethical Chinese wine trade undoubtedly needed strict action. Therefore, in order to fight with this illicit trade, one of the most renowned importers in the region, Shanghai Waigaoqiao Direct Imported Goods Co (D.I.G.) shook hands with VeChainThor. Together they ended up building a sophisticated as well as effective luxury wine authenticating system. HOW DOES IT AUTHENTICATE? Truth be told, this is indeed a really effective way to authenticate as the chances of illicit wine trade is minimized to a large extent. As per this authenticating technology, the blockchain-strapped bottles are equipped with NFC, i.e., Near-Field Communication chip. This is included so that the vintage’s provenance is tracked with better accuracy. Moreover, the entire process of authentication is even more trustworthy as the entire traceability program is overseen by two governmental bodies as well as the data included in the blockchain is independently verified by auditors like DNV GL. RAY OF HOPE One can never deny the fact that the sales, at one point of time, hit its lowest because of the illicit trades. However, situations are a bit less complex now as D.I.G mentions in a report that there is an overall increase of 10% in sales for vintages tracked by the authenticating program. Therefore since its launch, it has been a bright ray of hope for the market. News Source :TheCoinRepublic
BINANCE:VETUSD
by TheCoinRepublic
VET OVERSOLD SOON TO BUY VET FOR LONG!!Looks like VET is oversold but MACD got rejected, looks like a double bottom on the RSI have seen this alot on other altcoins but VET has some of the BEST fundamentals in the altcoin world and with billionaires like Tim Draper, Jim Breyer and Anthony Di Iorio investing into this project.... and with BIG Partners this investment is a no brainer! anytime now will be a GREAT time to invest in this project, looking at the TA im wait a short time to hit these points. if you miss out and dont buy any for the long term, I'd say you dont know what your missing out on. just my opinion. if there is one thing I've found out is Follow the SMART Money! with TA and FA cant go wrong at these price points. opinions are like A$$holes but I'd rather follow a smart one!
Long
by Crypto_Gardener