VET
VET Intraday Trade I've gone ahead & labeled the Supply & Demand zones. Here we've just bounced off the Supply & believe we will make our way up to the Demand over the next hour or so, my trade is set for 3% gain If it's filled.
*Not Financial Advice
VET testing the resistance zoneWe are currently testing the upper resistance zone as well as the trending line in this wedge.
If we are able to break above the resistance zone/trending line we may see a nice push towards .08, this may be a very great end to the week. BTC seems to be gaining ground as well but it could very easily consolidate & shift the market into a consolidation phase.
*Not Financial Advice
VET could be on its way to .10As you see we are headed to the previous resistance back on June 20th which could be a great Buying Opportunity for a Swing Trade. We very well could break that resistance & fall until that Golden resistance which would be an Optimal Buying Opportunity once we get confirmation of a breakout.
*Not Financial Advice
VET TRADE #28 - Support retest entryIf support line is retested there's a trade opportunity to go long to 0.1 area.
BTC is potentially entering a squeeze zone and could get very volatile, stop loss on VET is essential here otherwise you can get gigarekt. And essential to take profit and not get greedy, when things get bearish you get less greedy. Don't go looking at 0.137 with stars in your eyes!
==TRADE==
TP2 = .095
TP1 = .082
ENTRY = .07
STOP = .068
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Fundamentals
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Blockchain-powered supply chain platform
Top tier project
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VETUSD Long Term Setup!
VETUSD (Weekly Chart) Technical Analysis Update
Buy Level: $0.055 - $0.070
Good Pick for the Long term, Vechain currently trading at 0.078. it's already hit the uptrend support line I'm expecting bounce back from this support line. if it breaks trend support line then it can reach below 0.55 but chances are very less.
also, you can see that previous resistance line acting as strong support.
based on past trends we can expect minimum 750%+ growth.
Vechain Overview: VeChain is a blockchain-powered supply chain platform. VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves risk of losing the entire invested money.
VETUSDBINANCE:VETUSD is neutral-bearish and holding position above long term uptrend line. Decision time in the next few days.
Steps to take:
Buy at trendline support OR first horizontal support line OR multiple buy signals
Take profit areas are .10 > .15 > .24 resistance zones. One method is to take 30% profit at each zone.
Not financial advice, trade at your own risk
vet coins : Is it crypto currency for save now?vet coin or vechain is blockchain on smart contract platform that focuses on 'processing tracking business'
for now vechain to hospital mediterranean hospital of cyprus is using the blockchain to track the COVID-19 vaccination. through the E-HCert application as well .
in my pov for elliottwave analysis : i think it will go up to that price is 1.44$ and next target price is 10.3$
don't believe me It's just a personal analysis.
thank you for reading my pov analysis .
if you like my analysis you can like, comment on any topic or donate to me for a coffee . hahahahaha
Vechain (VET) - 3D. We are waiting for the test of the ATHThe unstable situation in the cryptocurrency market , a sharp change in investor sentiment and fear of the continuation of a total fall in prices motivated us to update our global forecast for the Vechain coin . We remember that in a completely opposite situation on the market, when everyone believed exclusively in the continuation of the cryptocurrency market without corrective growth, we published our previous VETUSDT market forecast . Below you can check How clearly the idea worked (the result of the market fall by more than 70%):
Today we decided to continue looking for relevant mid-term scenarios and built a new fractal . Of course, it is unreasonable to rely only on a part of the schedule that is somewhat reminiscent of the current situation. Therefore, below there will be other arguments for such a positive scenario.
We'll start by looking at the 4 hour timeframe . As you can see in the chart, buyers are carefully holding the price and increasing their positions in the range of $0.66-0.75. Even if we assume that the VET market will continue to fall, then the correction of the previous fall wave is still incomplete:
The increase in trading volumes in the range of $0.66-0.75 and the unsuccessful attempt of sellers to gain a foothold below this liquid zone indicate that the consolidation in the VET market has not yet been completed. From the local perspective, we expect the price to rise in the range of $0.116-0.12
Given the strength of the previous wave of decline, the continuation of the medium-term upward or downward movement of the VET price is impossible without increasing positions by market participants. Therefore, by mid-summer, we will expect further consolidation in the VET market.
If we analyze the VETBTC chart , we see that sellers were trying to gain a foothold below the global range 0.000002-0.00000236. However, their attempt ended with a false breakout:
The current attempt by sellers to break through this range looks much weaker, which signals the weakness of sellers in this price range. As a result, a consolidation triangle is also formed on the VETBTC chart
Fixing the price above the 0.000002-0.00000236 range will signal the beginning of a new wave of growth in the VET market.
An alternative scenario of a complete collapse of the VET price, we will consider only when the price fixes below $ 0.05
VeChain (VET) completed big BAT for upto 450% huge moveHi friends, hope you are well, and welcome to the new update on VeChain (VET) coin.
Previously we had a nice harmonic trade of VET coin.
Now on the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 50 simple moving average in the buying zone and 100 SMA is below this area.
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.
BTC - Time to buy the Dip!It is likely that BTC is forming a perfect head & shoulder even with legs this time... this is a major correction, the past 24 months parabolic growth was not healthy by any means, here is why:
1. A lot of stupid money is flowing in the market, everyone saw the power of BTC (from Zero to 60K) and they think it will make them rich overnight.
2. A lot of shitcoins & shady projects are flooding the market without the slightest regulatory supervision, which gives the perfect opportunity for con artists, scammers, digital thieves to create a coin (quite easy actually) and sell you to the moon dream .... unfortunately a lot of naive people out there believing anything they hear about any digital coin. this is not right!
3. BTC war from China disturbing market dynamics...
4. Governments will have to accept and regulate crypto, when that happens, the market will likely be more mature, more stable with less scammers, less stupid money and more protection for the same stupid people... including all of us. When will this happen... when the decision-makers, ppl in policy and regulatory positions understand the power and force of BTC .. find a way to regulate it....they will need to regulate it.
My fear is that we need another Satoshi Nakamoto to establish a regulatory framework for the 10-year-old BTC for the 1000-year-old financial system and the 100 your old bank system!
US governments (USD) will continue to fight off any currency that may threaten the precious $$$$ and it's dominance and will destroy anything and everything on its path. Long live the $$$$.
What's next:
- BTC likely to retract to 19K level.... this may be a safe zone to buy the dip, in my opinion, I could be wrong (like every other analyst out there)
- Crypto projects that is related to the real economy, like AlGORAND, XLM, VET, CXR and many others will prevail in the long run
- Defi Crypto provides with insane ROI- APY basis will eat your money before breakfast, these you need to be careful with
Look for sustainable projects with existing products and credible teams... long-term winners basically. Those with technology and a business model that you can understand. Only go for that.
If you know how to surf... enjoy the waves.
Otherwise, stay safe.
J
VeChain - Update with a Falling WedgeQuick VeChain 4hr chart update with the Ichimoku Cloud:
VeChain is still in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating Short-Term momentum is downwards at the moment. Note that the Conversion Line (Tenkan Sen) is only sloping slightly downwards.
The Ichimoku Cloud Base Line (Tenkan Sen) is indicating Mid-Term Momentum is downwards at the moment.
The Ichimoku Cloud Lagging Span (Chikou Span) is pointing upwards indicating momentum is upwards, but be aware that this is a fast reacting indicator.
Note that the Leading Span A (Senkou Span A) is pointing downwards and the Leading Span B (Senkou Span B) is starting to slope downwards but note that the cloud gap between the Leading Span B (Senkou Span B) and Leading Span A (Senkou Span A) is still quite large. When the Leading Span B (Senkou Span B) is on top, we do not want that gap to shorten into a thing gap unless you are short selling.
VET is below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that VET is back above its Lower Band, this is indicating negative volatility has slowed.
VET is below its Volume Profile Visible Range (VPVR) Point of Control (POC) for this 4hr timeframe.
VET is below its Volume Profile Fixed Range (VPFR) Point of Control (POC) for this 4hr timeframe.
VET is in a Falling Wedge pattern. A Falling Wedge pattern is a possible bullish reversal pattern, but because all alts are still at the mercy of BTC, Exchange & Market Manipulation, its debatable as to whether or not the potential reversal will be realised. The bottom trend-line of the wedge is a crucial support line as VET has bounced off it 4 times. VET needs to close this 4hr candle above this support line and turn it into strong support, if not, then VET may see $0.092 again and possibly much lower so there could be another opportunity to acquire more VET at a cheaper price.
VeChain is still the most criminally undervalued crypto out there, so if it does drop more, then i’ll just DCA more at an amazing cheap price before the next crypto leg up.
I hope this analysis is helpful with your trading and hodl-ing.