I came to this analysis by combining normal and Logarithmic chart. Let's look at the chart see what we got: VeChain successfully broke and important yellow Trend Line that gave us a green light. Successful upward breakout + re-test = moon We're at the re-test area so I saw this as good accumulation area but there maybe another lower retest so I added another step...
Price holding demand on weekly time. We have fundamental coming out today if the break out happens then it will continue its Daily bullish structure & move to make new ATH
Update on symmetrical triangle: Two days ago we saw the entire crypto market fall. Vechain came back into the symmetrical triangle, tested 200MA but luckily successfully bounced off 200MA and broke the triangle again. So far, everything seems fine and this pattern still looks valid. To be completely sure in this trade I want the price to exceed the previous high -...
VET price dropped as much as 22% in crypto market correction witnessed on October 28. VeChain is likely to drop another 34% to $0.0825 before restarting the uptrend. The VET price dropped 11% from $0.14033 to $0.12364 in a crypto market dip witnessed on Wednesday October 27. VeChain lost as much as 22.8% from a high of $0.15177 on October 26 to yesterday’s...
Vechain broke through the symmetrical triangle and 200MA. Let's wait for the end of the day to see if VET will close daily candle above symmetrical triangle and 200MA.
- Vechain successfully broke through 200MA, - successfully broke through the symmetrical triangle, - successfully tested the support line and continued to rise. This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I...
VET is in a range since May and is currently on the top of this range. In Daily the MACD is green and in Weekly, MACD is starting to go green too, which mean we have more chances to break this resistance now than we had before. However, prices could be rejected here and the idea would be to wait for a price confirmation with a Daily close above 15ct, then a...
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The four-hour chart shows that the VeChain price has been moving sideways recently. Along the way, the coin has formed an inverted head and shoulders pattern. The price is also consolidating at the 25-day and 50-day moving averages. It is also at the right shoulder. Therefore, while it is too early to tell, the price will likely break out higher in the near...
My simple view about VET: 1. VET have a strong uptrend 2. VET have a pontential to continue to wave 5 (Elliott Wave) as my target at Fib external retracement 1.272 or 1.618 or you can adjust more It's not for only 1-2 days or 1-2 weeks. But its very very long term, maybe 4 month? idk. But my view VET will to the moon. if you want to buy, you can buy step by...
Vechain has been fighting some heavy resistance at the 23.60% Fibonacci level. From here we were expecting a clear break above this level but since the september crash, Vechain has been consolidating around the 23.60% Fibs and now looks like it is ready to break above this level. Simultaneously, looking at the moving averages, VET looks poised for a big move on...
look at vet/btc think this a good thought experiment just to map out visions
VeChain forms a beautiful Elliott wave pattern. Based on this theory we are now in the beggining on the last fifth wave. I think VET can easily reach 0.60$ - 0.75$. Even 1.00$ is possible.
Vechain is currently fighting some heavy resistance at the 23.60% Fibonacci level. From here we can expect a break above this level, and if the bullish momentum continues we could see VET pushing past the 38.20% fibonacci level @ $0.14 (42% Gain from the current price level) . Due to the bear trap in the market we have seen all ALTS make a similar corrective chart...
Some price levels that will be important for vet for the rest of this market cycle.
the 5th elliott wave is already started. targets are on the chart.
Vet Looking Good Here... Bullish Breakout Done. Follow Your Risk Management.
Our favorite chart this morning. Fundamental agree, with deals from Chinese Olive Oil (!!!) , Oatman Farms, , Simplex and Enterprise Public Blockchain1,000,000 USD Grant Program Also check the Carbon emission idea below. Let's go VET! the FXPROFESSOR