$VET/USDT 4h (Binance Futures) Ascending channel on supportVeChain has broken the down-trend and is recovering quite quickly, let's join here.
Current Price= 0.08224
Buy Entry = 0.08217 - 0.07902
Take Profit= 0.08789 | 0.09418 | 0.09990
Stop Loss= 0.07443
Risk/Reward= 1:1.2 | 1:2.22 | 1:3.15
Expected Profit= +18.20% | +33.82% | +48.02%
Possible Loss= -15.22%
Fib. Retracement= 0.893 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
VET
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07923).
. 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 60.
Take Profits:
TP1= @ 0.08989
TP2= @ 0.09526
TP3= @ 0.10170
TP4= @ 0.11550
TP5= @ 0.12250
TP6= @ 0.14157
SL= Break below S2
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VETUSDT Long Term Setup!VETUSDT (Day Chart) Technical Analysis Update
VeChain currently Trading at $0.082
Buy Level: $0.065 - $0.080 (wait for the small retracement)
Take Profit: TP1 $0.095 , TP2 $0.145 , TP3 0.25 , TP4 0.50
Good Pick for the Long term, In the chart you can see it's reversing from the support trend line and also you can see in the chart it breaks the resistance line in the daily chart.
I'm expecting the Vechain uptrend will continue. if the uptrend continues we can expect a new ATH in few months.
based on past trends we can expect a minimum of 750%+ growth.
Vechain Overview: VeChain is a blockchain-powered supply chain platform. VeChain aims to use distributed governance and Internet of Things ( IoT ) technology to create an ecosystem which solves some of the major problems with supply chain management.
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Weekly close above EMA 8 seems even too bullish to be trueWeekly close above EMA 8 seems even too bullish to be true, and it is on my opinion, why?
BTC should follow history on my opinion, since when we touched the 365 daily EMA I saw a pattern that repeated a couple times.
Every time we touched it BTC made a bear trap just like it just did, went up at least 30% and then dumped again.
So my prediction is that BTC will find some resistance after 30%-40% and then it will drop even lower than 28k like it did before.
Also the market seems like it is about to crash again since is touching all time high like there is no tomorrow, once the bubble explodes we are going down badly.
VET Breaking OutVET has broken through Key Fib Levels as well as multiple Resistance Areas. High Abnormal Bullish Volume and the 50 Day Moving Average has Crossed over the 200 Day Moving Average.
Golden Cross Confirmed.
Might see a retest in Price Action down at previous Support Area and hopefully bounce right off and Range Higher.
VET - Possible 20% GainsAfter getting the last prediction right on spot () now VET has broken this downtrend line that was acting as resistance since early june, signaling a possible change in trend, it shall test this resistance line again, once it gets rejected that's my entry point.
Entry - 0.06557
TP 1 - 0.07209
TP 2 - 0.07582
TP 3(stretch) - 0.07899
SL - 0.06255 Move SL as TPs are hit
NFA
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Thank you
BTC- Buy Hello,
I previously bought BTC between $3000 and $10,000
Since I sold I have been waiting for BTC to retest a new area of support. Over the next coming months I believe we will have tested below $20,000 again and we will be moving sideways.
I have set buy targets between $10,000 and $18,000 once again for the next cycle. Be prepared to wait a couple of years before any real movement.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
VeChain- Buy Hello,
I previously bought Vet between 0.002 and 0.007 and sold $0.23
Since I sold I have been waiting for matic to retest that area. over the next coming months I believe we will have tested below $0.007/0.02 again and we will be moving sideways.
I have set buy targets between $0.007/0.02 once again for the next cycle. Be prepared to wait a couple of years before any real movement again.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
VET Critical Point - wait for it!BINANCE:VETUSDT In this chart we have a support line that have been respected since Dec/20, and no candles closes below it. Right now we're testing it and it will be bad news if we breakdown, expecting further downside to $0.60 level.
On the other hand we have another trend line been respected since early Jun, breaking this downtrend line might take us to retest higher prices in short term.
For now my position is to wait until direction is clear, once we have a direction we wait for a retest then long or short it. Tight SL and less market exposure as possible.
Thank you for reading.
VETUSDT Waiting for the Breakout Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, VETUSDT on H4 if we get a clear Breakout above the Resistance in the lower TF we can look for potential entry.
⬆️Buy at Resistance Breakout or Buy at 0.066
⭕️SL @ 0.056
✅TP1 @ 0.086
✅TP2 @ 0.102
✅TP3 @ 0.132
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VET looking for takeoff!Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at like a fakeout, the end of this triangle brings us into the beginning of august and thats when id say alt coins are going to really takeoff. Looking at the RSI we are pretty low in the confirmed downtrend half almost to the oversold zone, we are slightly pointing upwards and look like we are ready to see a bit of a climb upwards to atleast the midline at 50. We could see a rejection at first and then sort of repeat that cycle until the markets are ready to move (august imo) once we do get the momentum to smash through the midpoint on the RSI it is crucial not to jump to bullish positions until we see that confirmed, we need the confirmation before we can say we are in a confirmed uptrend. looking at the Wave trend oscillator we are coming to the bottom of this wave i would say almost bottoming out in the buy zone, we should see a smooth ride back up in this next wave which hopefully could bring us out of this descending triangle, maybe not this wave but i would say in the next couple bullish waves we see. One crucial thing to keep in mind is that we got to stay away from that bottom bollinger band as we could definitely see a significant fall if we start riding the bottom band, we are currently getting stuck underneath the midline and for the past couple weeks can't seem to break through it with multiple candles getting stuck right below it. a very positive scenario would be on this next bullish wave on the wave trend pushing price action above this midline and into the more bullish side of the BB, aswell the same thing with the RSI! Not financial advice just my opinion!