Vet UpdateSo followed the path very well! just not the super bullish variation. BULL: Price did break above and is so far hold the line on the chart. BEAR: It bounced of the median line of the pitch fork and the outer parallel and the 1:1 of the first swing, so its hitting some markers for an ideal ZZ. But the interior count is not ideal to me tbf. That line will be important for me, staying above good for bull, bellow will be looking to short it breaks below and rejects from it.
VET
#VETUSDT Daily Chart
Price is still ranging in a nice uptrend breaking through the first supply zone which makes it now a breaker but missed the second one by a few cents. MACD is not clear but RSI and EMA ribbon are both showing bullish indications. Price is currently retesting the daily breaker where it should bounce from and overall we would be waiting to see price's reaction at the daily supply zone.
VETUSDT 1DHi everyone
The daily VET chart shows that the price is looking to rise after a slight recovery on Saturday and sellers are still lurking near the $ 0.1650 level
The decisive passage of the VET above this level will revive the uptrend and will be followed by a new uptrend
The bulls can be stopped near the $ 0.20 resistance, after which the price levels will be around $ 0.22
The VET is likely to have growth potential as long as it can stay above its critical support of around $ 0.1490
If the VET closes below this level with a daily candlestick, the price will fall sharply to $ 0.1277
As the downtrend continues, resistance support is around $ 0.12
thankful
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💲Dump after hardfork 0.147$❗VET is moving slowly after break of the symmetric triangle. VET also break the key resistance of $0.158-$0.16 area and also retested it. The next resistance are $0.2 and $0.235 levels. VET is looking bullish on charts and VET hardfork is coming on 16 November. We may see some dump after the hardfork. Hold VET position with stop loss.
Have a nice trade!
Your Solldy.
VET drops to $0.16, quick recovery in progressVeChain price analysis is bullish today.
VET/USD likely saw the final push lower to $0.16.
Bullish momentum returned this morning.
VeChain price analysis is bullish today as we saw strong rejection for further downside as the market approached $0.16. Therefore, we expect VET/USD to recover later today and likely continue higher by the end of the week.
VET - Retracement and Up!Top of the Morning!
VET has shown some really great potential for this bull run, therefore my DCA levels on this retracements:
now
$0.15
$0.144
$0.131
$0.12
VET 🌚🌝
China banned cryptocurrencies, but historically this has caused the BTC to boost and with it the altcoins and with it possibly some coins reach their previous historical maximum and others pass their historical maximum creating a new ATH.
One of the cryptos that I would like to buy in this "BTFD" is VET which has great use and has a lot of projection in the future.
VETUSD Entry 0.1474 Take Profit 0.1877VETUSD (VeChain)
Diagonal Trend Line
Horizontal Support Resistance Line
EMA 10
EMA 20
Vet/Btc potential trendVeChain to the moon!
VET/BTC trading pair. Bullish divergence on RSI, MACD getting ready to send. Long term trend peaks at the green line multiple times. Golden cross (upward cross of 50d MA over 200d MA) incoming.
Coinciding with the coming crypto market overall bullrun, VeChain should see significant movement compared to bitcoin over the coming months. Should be fun.
🔥 VET Break Out Confirmed: Huge Buy SignalA couple of days ago I made an analysis on VET and the potential channel break out.
As seen on the chart, the price did indeed broke out of the bullish channel and went parabolic for a while. The most bullish buy signal from this chart is the fact that the price re-tested the channel's resistance and bounced from it.
Due to this bounce, I'm confident that the bullish trend will continue in the near future. First target still at $0.20, second at $0.22.
Happy trading!
VeChain forecast of $1.50 strengthens: VET Coin continues to folIn my VeChain forecast on October 11, I drew attention to a pattern that was last seen in the VET Coin's price action when it faced a massive price rally in late 2020. As a result of this rally, the VeChain price increased by around 1,350% in just over 100 days. Accordingly, the future prospects for the altcoin could be rosy in the coming months. At least if the pattern will repeat itself in a similar manner.
This does not seem to be far-fetched at the moment in any case. Because the similarities continue to accumulate. The above chart shows to what extent.
Obviously, they are not the same price movements, but they are enormously similar in nature.
What matters are the cornerstones of the movements. For example, then as now, the VeChain price first formed a high (1), which was followed by a correction with three stair-step lower lows (2-6). The first bullish countermovement failed at the resistance of the setup (7) and bounced off it. However, as a result, a higher low (8) was formed and from there, the break of the resistance was achieved and thus the structural break.
This structural break occurred recently and should be taken as a renewed bullish sign. In addition, it is the next indication that the pattern from then currently seems to repeat itself again.
However, it should also not be concealed that the structural break occurred this time with a significantly lower volume increase than back then. Accordingly, the current price increase looks weak in direct comparison.
Overall, the absence of significant volume increases is what seems to be a common thread running through the price increases of the entire market. Nevertheless, the parallels between today and the end of 2020 are too striking to ignore.
The symmetrical triangle, in turn, suggests that the odds are very good that the VeChain price could soon crack $0.36.
This would be important from many points of view, because apart from the fact that it would correspond to a 200% price increase at the current price of $0.12, it would furthermore be the next strong indication that the pattern from back then is still valid. It would be a higher high in the long-term trend.
A look at the price action of the VET Coin against Ethereum (ETH) seems to strengthen this thesis. Namely, here the VeChain price moves in clearly identifiable waves.
As the chart below shows, another accumulation of VET against ETH appears to have been completed. What could follow is a significant price rally.
CHART
So does the VeChain forecast of $1.50 still hold?
Currently, I am assuming so. Why, I have described here. Nevertheless, the lack of volume so far leaves a somewhat bitter aftertaste. However, as already written, this applies not only to the VeChain price, but to the market in its entirety. What is not yet, can still become.
Source: VeChain Prognose
9th Series of Altcoin Buying Areas!Hi followers and other TradingView users,
A month has passed since the last post and it would be correct to do another survey about your favorite altcoins.
I think everyone should know the rules already but just in case I will repeat it for my new followers:
1) Comment THREE of your favorite altcoin, not ten not five, THREE!
2) Name only the ticker - Bitcoin is incorrect, correct is BTC ;)
3) Hit the LIKE button!
4) If you don't already follow me then hit the button to get the update as fast as possible.
Only four simple steps and your named coins will get into the list!
As always, TOP mentioned altcoins get analyzed - pointing out breakout areas and if there are some logical price zones after a possible correction then also pointing out these levels from lower prices!
Previous idea peaks after the breakouts are here:
1. ADA: No trigger
2. SOL: +55%
3. MATIC: +61%
4. DOT: +45%
5. XRP: +25%
6. FTM: No trigger
7. ETH: +32%
8. ICP: No trigger
9. VET: +65%
10. SHIB: +180%
11. Close one but no trigger, peaked 100%
12. No trigger
13. No trigger
Go and name it...
Regards,
Vaido
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1646).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.1870
TP2= @ 0.1976
TP3= @ 0.2144
TP4= @ 0.2300
TP5= @ 0.2490
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️