VET
VETUSDT 1DHi everyone
If Bitcoin continues its uptrend to $ 53,000, it is likely that VET will retry its next hurdle at $ 0.137
Even in very bullish conditions, the VET price can reach the $ 0.158 volatility ceiling
While the situation looks bullish for the VET price, the failure of the price to cross the $ 0.119 resistance indicates that the uptrend is fake
That way, the VET could go below $ 0.107 and try again at $ 0.102
A price drop below this support cancels out the uptrend scenario and the VET price drops to $ 0.085
Have your say on the VET price move
Thankful
VET - is going to break this trend line🚀🚀Most coins show the same pattern on the graph. Almost all altcoins are near the trend line . A break or retest would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
VET bear divergencePrinted bear div on RSI and MACD histogram on 2hr chart, SRSI looks like death cross will be printed when this bar closes. So I am waiting to see which level will hold and waiting for possible bounce, if that support at 0.11381 is lost, 0.10333 could be in the cards again... Good luck traders
Checkout this 30% bull break from VET!VET has had a real nice gain combined with the BTC rise. Could see further bull action after consolidation.
VET/USD ChartWhat a day for crypto, the total market is up 8.5%, and my previous BTC prevision is starting to make sense (check it out, I might post another
BTC chart later). Vet is up 20% today, so it might get a drop in a next few days, but the predictions are still very bullish. A new ATH seems umprobable because if the market starts to get overvalued coins like VET will be sinking. Being greedy with profits is never a good thing. If your plan is to hold for +5 years the trading perspective doesn't really matter right now, but for a mid-short term investor a 2-5X your inicial investment in VET is so good so just take the profit before the next bear market. Keep in mind that I'm not a financial advisor, and that just my opinion. Comment, like and follow.
VETTF: 12 Hr
It will be interesting to see what VET wants to do at this resistance. If if breaks above and holds above price may see $0.19 if it holds below then look out below
VETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has broken its resistance line and experienced a rise. At the moment, we are considering that the price can start moving towards its target after a pullback again.
But in case of drop, and fall below the support line, we consider further fall to the next support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08887).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 0.09407
TP2= @ 0.09990
TP3= @ 0.11053
TP4= @ 0.11929
TP5= @ 0.12825
SL= Break below S2
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💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08887).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 0.09407
TP2= @ 0.09990
TP3= @ 0.11053
TP4= @ 0.11929
TP5= @ 0.12825
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 ❤️
VET/USD $2.50 on the next leg? (Weekly Perspective)VETUSD to $2.50 on the next leg? (Weekly perspective)
Great project. Great team. Extremely bullish in the long term.
What do you guys think?
VeChain - still in its Symmetrical TriangleVeChain is still within its massive Symmetrical Triangle on this 1d timeframe.
Note that VET is still ABOVE its Longterm Upwards trend-line.
Note that VET is back ABOVE its Least Squares Moving Average (LSMA) on this 1d timeframe.
VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Lower Band is moving upwards indicating weakening volatility and a possible Bollinger Bands Squeeze/Pinch.
Volume on Binance has decreased and note that the last 4 Volume Bars have been below its Volume 20 Period Moving Average.
VET is back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 4 daily candles that i have selected.
VET is still below its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range.
If we look at the On Balance Volume (OBV) the OBV (Blue Line) has increased but note that it is still under its 9 Period EMA (Orange Line). If you are waiting for confirmation of renewed upwards momentum STRENGTH then you need the OBV (Blue Line) to cross back above the 9 Period EMA (Orange Line) and stay above it.
The Average Directional Index (ADX DI) is indicating the trend strength has increased with the ADX (Orange Line) at 32.49 and ABOVE its 9 Period EMA (Black Line) which is at 30.46. The -DI (Red Line) has increased to 26.70 and the +DI (Green Line) has dropped to 10.52. This tells me that Negative Momentum has increased and Positive Momentum has decreased on this 1d timeframe.
The Moving Average Convergence Divergence (MACD) is indicating VET still has a very long way to go on this 1d timeframe before we see the MACD Line (Blue Line) cross back over the Signal Line (Orange Line). Note that we do have lessoning Histograms but note that the MACD Line (Blue Line) is still under the 0.0 Base Line and it is still in the Negative Zone.
The ascending trend-Line of the Symmetrical Triangle is a major support level. If VET ends up dropping more, a good spot to buy extra VET would be around $0.076 - $0.069. I wouldn’t get excited until VET crosses and closes a daily candle back ABOVE the Descending trend-line of the Symmetrical Triangle and turns it into strong support. Also, be on the lookout for when the OBV (Blue Line) crosses back above the 9 Period EMA (Orange Line) as well as a CLOSE back ABOVE the Bollinger Bands Middle Band Basis on this 1d timeframe.
Here is a closer look at this 1d chart.
I hope this is helpful with your trading and hodl-ing.
Notes:
Symmetrical Triangle = Black Lines on Chart
Longterm Upwards Trend-line = Dashed Line on chart
LSMA = Black Squiggly Line on Chart
Bollinger Bands = Grey Bands on Chart
VPVR POC = Long Horizontal Red Line on Chart
VPFR POC = Short Horizontal red Line on Chart
Volume = Red and Green Bars bottom of Chart.
Volume MA = Orange Line going through Volume Bars bottom of Chart.
VET at the bottom of ascending channel but...my personal point of view is that VET is going to lose this ascending channel and drop down somewhere around 0.069$ . there are a bunch of reasons for seeing higher prices ( like breaking the recent down trend and even completing a nice pull back , receiving support at the bottom of the ascending channel and etc... ) but with taking a look at indicators and oscillators and also watching BTC movements you can see that there is no desire for VET to take any serious action about moving up .
so anyway , resistances and supports are showed in case of any correction or upward movements .