VeChain (VET) - Key Levels 2024VeChain has yet to push price action above the neckline in order to have a continuation to the upside. Breaking the neckline will result in VET reaching a target of Resistance at: "$0.08" with up to +60%.
Candle wick rejection has formed again on the weekly time frame at the levels between the following: $0.047 - $0.054. A pullback to these levels will likely hold strong support around "$0.034" and bulls will retest major Resistance at "$0.04" once again in the future!
Vechainusdt
VET (VeChain): Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. Trend traders: wait for such a breakout. Swing traders can trade the channel, enter near channel support trendline and exit near channel resistance trendline of $0.27.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.02, then $0.015. Nearest Resistance Zone is $0.024, then $0.027.
VeChain (VET) Cryptocurrency Short | Swing Trade | 20% DownsideThe Price has closed below the daily support on 8 May and has also retested the broken. support as new resistance.
A Short can be initiated at Current market price.
This is a SWING TRADE
Entry- 0.0194
Stop Loss- 0.0204
Although if daily candle closes back above the broken support, then exit the trade and no need to wait for stop loss to hit
Target- Final target is 0.0156 but keep booking profits in between and trail you stop losses
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
VET - Inverted head and shouldersHello, thank you for taking the time to read through my post. I would like to discuss here some technical ideas related to VeChain.
As you already know, VeChain is gradually forming a bottom. This floor is in the form of a Classic Price Pattern called "Inverted Head and Shoulders". This pattern is often found at important reversal points and is therefore a sign of a trend reversal. The upper black line is the resistance, but also the so-called "Neckline". To confirm an Inv H&S we would need a clearly defined breakout above this line. We cannot say when this time will be, but we can use technical indicators to uncover the story. I would like to discuss with you the TRIX indicator.
Short intro to TRIX:
The TRIX is a Triple Smoothed Average line, also known as the Triple Smoothing Exponential Moving Average or EMA. It can be used both as an oscillator fluctuating around its zero line, called Triple Exponential Smoothing Oscillator, and as a momentum indicator. In accordance with the nature of moving averages, the TRIX is a smoothed indicator that filters out false signals. The TRIX indicator achieves the best results in clearly trending markets.
So by definiton this indicator is a help to filter false signals. As you can see here, the TRIX is now very close to the 0 line and tries to break it from the bottom to the top, which could be a very good signal for an uptrend.
So my idea: If the TRIX pushes above the 0 line, that will drive the price to resistance line and when that happens, our classic price pattern will be confirmed.
So keep your eyes open and your ears stiff,
until next time my friends,
Kami
VeChain (VET) formed big bullish Gartley for upto 39% pumpHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin with US Dollar pair.
Previously I shared a long-term trade setup for VET, which is still in play as below:
Now on a daily time frame, VET has formed a bullish Gartley move for another price reversal. (due to extreme sell-off, priceline broke down the potential reversal zone and it was likely to behave like a bullish Butterfly move, but recovered soon, and still it can behave like a bullish Gartley )
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Vet/USDT Long By Eliot WavesHello Crypto Lovers
This is a 15Minutes-time frame analysis for Vet/USDT
In the current chart, you observe 2 or B correction waves that lead us to Up trend waves 3 or C
Warning: This is just a suggestion and I do not guarantee profits. I advise you to analyze the chart before opening any positions.
Wish you luck
VeChain/USDT. Testing the 0.5 Fibonacci.Current Market Cap 1.69 Billion
Since it dumped to 0.00157 during the March 20 sell-off, VeChain rocketed up over %17,000 to a high of 27.9 cents!
Shortly after, the "Incredible Sell" prints, these signals should not be ignored on higher TF's.
Price has since corrected over 92% and finds itself @ the 0.5 Fib level (2 cents) This area is also previous resistance now being tested as support.
We also have a non confirmed conditional buy signal.
Should the 0.5 level not hold up, long term bulls should look for buys in the golden pocket (1 cent) This area is a support/demand zone / previous minor resistance.
The POC compliments the 0.786, (half a cent) long term bulls should reload again.
Biggest Volume Profile appears between 0.3 - 1 cent.
RSI is forming a nice falling wedge, a breakout + HH could initiate a rally. Stochastic is oversold.
Selling Volume has slowly declined over time.
Timing the tops/bottoms isn't important nor does it work. DCAing into your favourite projects that you believe in is best.
About..
VeChain is an enterprise blockchain platform that aims to provide a full view of an organization by disintermediating information from data silos.
VeChain also plans to become a leading platform for initial coin offerings (ICOs) and for conducting transactions between Internet of Things (IoT) connected devices.
VeChain makes use of two tokens: VeChain token (VET) as a value layer and VeChain Thor Energy (VTHO) as a smart contract layer.
Speculative Setup, DYOR. Allow 3-18+ Months For all Crypto Ideas.
Credit to @without_worries for allowing use of indicators.
VeChain (VET) Analysis 09/03/2021we are updating our Past Analysis on VeChain
as you can see the price has done its accumulation phase and now showing Hidden Bullish Divergence with MACD Histogram , which is the sign of trend continuation...
3 new Targets are Defined base on the Fibonacci Projections of the previews impulsive wave.
it may take some time to reach the 1 TP but as it gets Triggered the 2 TP is confirmed.
VET last time we made 186% impulse UPBINANCE:VETUSDT
Vechain looks pretty solid! We bounced on D timeframe from downtrend FIB line, almost retest fundamental price (green line)
Stochastic and RSI showed capitulation and we laying down. Last time when we saw this VET make a impulse move up in a few weeks and made 186% in this case we possible can see 0.768 level by fib and reach 0.23$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
VETUSD with 100% gain potention hidden bullish divergenceLooks like VET broke the trend line and now we have the confirmation and hidden bullish divergence on RSI with potential of 100% gain in next 10 days.
(VET) VeChain ON THE ROAD TO 1$ 🧑🚀 🚀Hello everyone !
Today the Black Cat Trader is analyzing Vechain (VET) based on a weekly chart 📈
What we can see :
- VET is actually very closed to its uptrend line (green).
- Prices broke the downtrend line (red) and test it now as a support.
- 0.618 fib level act as a strong support right now.
- Prices are under the Kijun/Tenkan and under the Kumo. Note that the Lagging span is actually trying to crosses prices.
What we can expect :
If VET manages to hold its support (0.618 / both trend lines) we can expect prices to reach upper levels in the coming weeks.
But we need, first, those confirmations :
- Prices must break the Kijun / Tenkan / Kumo, and the Lagging span must crosses prices and ALSO the downtrend line ⚠️
Resistance : Tenkan / Kijun / Kumo
Supports : (0.618 + both trend lines)
TP1 : 0,49 $
TP2 : 0,76 $
TP3 : 1,03 $
TP4 : 1,30 $
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Vechain sitting on a confluence of supportsHi everybody,
Vechain/USDT is sitting on a confluence of supports with the ascending trend line on the upside and a retest of broken through long term trend line just below that. Plus multiple MAs forming a bullish structure.
Buy 1.2 area, short term would set 1.1 stop loss.
Take profit areas: 1.6 / 2.5
However, personally I’m holding vechain long term (investor mindset)
VECHAIN Ready for a Bull Move to .1824 then .2233#VET ready for a run towards .1824 which has stiff resistance.
Once we are past .18 series .2233 and then SKY is the Limit.
Limitless VECHAIN
VETUSDT - Enjoy 🚀🚀🚀 (1H Signal)Follow me, its good IDEA :)
Now VETU 1H time frame is inside of triangle and this moment are very good for a little time frame scalping. (1,5,15m)
for a long position we need hard confirmation for a trend.
Please share your opinion in the comments
This is not financial advice !!!
VETUSDT , The price is coming back to buy zone area Hello everyone
Whats up ? did you take profit from the market until these days of the week ??
In here , After the price broke the sensitive zone ( Resistance zone ) we need pullback and rest for the price that the traders have decide to where we gonna go , and after broke the zone we had a little pullback ( Place of settlement of traders ) and again in here with reverse candle we have ( Place of settlement of traders ) another pullback and we think we have another time pullback to the area because this is a Place of settlement of traders and after these time the price is ready to jump and go to the moooooooooooooooooooooonnnnnn
Dont forget use money management , and use stop loss
Good Luck
Abtin
$VET Ascending Triangle - Breakout Soon$VET is currently in an uptrend on the daily timeframe and approaching resistance at $0.155 cents.
VeChain is in an ascending triangle which is a bullish chart pattern.
I am LONG expecting $VET to breakout of this resistance and flip it into support before continuing towards ATH of $0.28 cents.
Should this pattern breakdown $VET will look for support at $0.12 with deeper support at $0.10