VETBTC: Bullish Divergence Just Below a Bullish Deep Gartley PCZVETBTC has been trading in this Bullish Deep Gartley PCZ area for many weeks now and is currently Bullishly Diverging just below the 1.618-0.886 PCZ Confluence Zone and if this divergence can bring VET back within the zone then I would be looking for it to trade up to four or five thousand sats.
VET
VeChain (VET) Technical Analysis: A/D IndicatorIntroduction:
Greetings to all cryptocurrency enthusiasts and investors. Today, we bring our attention to VeChain (VET). As we delve into the latest technical indicators, our focus is on the Accumulation/Distribution (A/D) indicator. However, we are also keeping an eye on the TRIX indicator, which from our previous analysis, we are waiting to cross the zero line to potentially confirm a price pattern.
Accumulation/Distribution (A/D) Indicator:
The A/D indicator is a volume-based tool used by traders to identify divergences between the asset's price and volume flow. This helps to determine potential buying or selling pressure.
VeChain Analysis:
Our attention is drawn to VeChain’s A/D indicator which suggests an ongoing accumulation phase and a bullish divergence. This is a potentially positive sign, as accumulation often precedes upward price momentum. Despite VeChain's current sideways or choppy price trend, the A/D indicator shows us that a substantial number of coins are being accumulated in this range.
When we view this accumulation phase in the context of the prevailing choppy trend, it aligns perfectly with the A/D indicator’s signals. In such scenarios, the A/D line tends to increase when the security is being accumulated, even if the price movement remains relatively flat.
Conclusion:
In summary, the A/D indicator for VeChain suggests a period of accumulation which could signal an upcoming bullish phase. As we continue to monitor the TRIX indicator for a potential zero line crossing, this could provide further confirmation for our analysis.
However, it's crucial to remember that indicators should not be used in isolation, but in conjunction with other technical analysis tools and fundamental analysis. Always ensure your trading decisions align with your overall investment strategy.
Please note that this analysis does not constitute financial advice. Always conduct your own research before making any investment decisions.
If you found this analysis insightful, please like, share, and follow for more updates. Stay tuned for more technical analysis of various cryptocurrencies.
Best regards,
Karim Subhieh
VET | VeChain breaking out of a descending wedgeVET | VeChain breaking out of a descending wedge
VET is showing all the signs of a strong bullish move up with a breakout of a descending wedge, along with a divergence whilst being oversold
| Descending Wedge Breakout
| Untested Weekly Pivot
| CVD Trendline Breakout
| Longterm Support
| Bullish Divergence + Oversold
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
Crypto , Cryptocurrency My mid-long term goals for #VeChain NYSE:VET 🫣
The #vet chart can leave a good profit in the long run. It is not investment advice.
VETUSDT LONG SETUPVET broke its down trend line on weekly time frame,
Price reacted to 0.66 Fib level and based on EMA20, Major trend reversal approved.
Targets are marked on chart,
There might be a second entry as BTC pair is still going down. However, its currently facing a support level.
I will update second entry based on market momentum.
Lets See
Whether it can rise above 0.02914 is keyHello?
Traders, welcome.
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(VETUSDT chart)
From a long-term perspective, a full-fledged uptrend is expected to begin when the price moves above 0.04757.
To do so, the key is whether it can be supported in the 0.02236-0.02519 section and rise above 0.02914.
If not, you should check for support around 0.01875.
Therefore, the possibility of a trend forming away from the current zone, the 0.02236-0.02519 zone, is increasing.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Vet long theory Without volume we could see a continuation of sideways price action within our triangle. As we near the end of the pattern $Vet looks like it’s in a good position to reclaim a new daily high if we close out above our 0.5 fib line. We’ve touched our retracement levels and if we can confirm these signals for a local bottom we’ll see a continuation pattern moving into April.
VeChain (VET) formed big bullish Gartley for upto 39% pumpHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin with US Dollar pair.
Previously I shared a long-term trade setup for VET, which is still in play as below:
Now on a daily time frame, VET has formed a bullish Gartley move for another price reversal. (due to extreme sell-off, priceline broke down the potential reversal zone and it was likely to behave like a bullish Butterfly move, but recovered soon, and still it can behave like a bullish Gartley )
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VET potential is HUGEVechain (VET), a leading enterprise-focused blockchain platform, has recently displayed significant bullish momentum as it crosses the crucial 200-day Exponential Moving Average (EMA) line. This key technical indicator is a vital sign for many traders and investors, as it often signals a potential shift in the market trend. Additionally, the Supertrend, a popular trend-following indicator, is on the verge of turning green, further reinforcing the positive outlook for VET. These confluence factors suggest that VET may be entering a new growth phase, presenting an opportune moment for those looking to capitalize on its potential upside. As always, investors are advised to conduct thorough research and consider their risk tolerance before making any investment decisions.
Wave 3 is comingVET will make an inverse head & shoulders on higher timeframes with a big wave 3 and a short wave 4. After that whales will push this to a blow-off top wave 5 to confuse retailers who sold between 1-3$ to create more FOMO.
V for Vet ⚔️ - Analysis #4/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
VET is overall bearish, however we are approaching a strong demand zone and previous major high. So we will be looking for buy setups on lower timeframes.
on H1: Right Chart
VET is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, VET can still trade lower till the 0.02 - 0.021 demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich