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VET

$VET/#USDT [#VeChain]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $VET/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.02607 | 0.02756 | 0.03147 and the major support zones are respectively at 0.02216 | 0.01974 | 0.01583. We may consider entering a trade at the current price zone at 0.02484 and targetting higher level. - Technical Metrics Index: -- Current price: 0.02484 -- 24H Volume: 15,102,230.6324 USDT -- 24H Price change: 10.449% - Pivot Points - Levels: -- Resistance: 0.02607 | 0.02756 | 0.03147 -- Support:0.02216 | 0.01974 | 0.01583 - Indicators recommandations: -- Oscillators: NEUTRAL -- Moving Averages: STRONG_BUY -- Summary: BUY
by Crypto2AF
Whats next for VET? CONGRATS with you GAINZ!First of all congrats with your profit on VET BINANCE:VETUSDT . You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look. Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why: - VET is in a bullish trend. Check the blue trend line. - We're moving towards the daily 200 MA. - We broke the 50 and 100 MA. - Breaking the 200 MA and the path is clear towards the brown resistance box. - There is still a decent volume. But why do you have to be careful?: - We see a bearish divergence. - Breaking the trendline means we're in for a (small) correction. - The brown box is the next resistance zone. - The 200 MA could give resistance. Happy trading!!
Long
by KennyCryptoNL
VET may retrace before going up due to 3 bearish ideasVET price may retrace before going up Rational: 1) Hidden Bearish Div on daily 2) Approaching Overbought 3) Decreased Volume + Increased Price = Reversal ( bearish ) Safer entry - enter on 2hr retest Target 1: 0.0225747 Target 2: 0.0244824 Target 3: 0.0264341 Stop Loss: 0.0178233 Manage Risk - have a stop loss in place price movement prediction Price Prediction not financial advice this is for entertainment purposes only always DYOR
by TradeIntuition
✴️ VeChain Falling Wedge Opens 159% Potential Mid-TermThere are so many reversal signals here that it is hard to choose where to start... Ok. Late December VeChain (VETUSDT) printed a DragonFly Doji candlestick. This is the one with a small real body and a long lower wick/shadow. When this candle shows up at new lows/support, it can be read as a strong reversal signal. The fact that it is followed by a full green candle the next week, gives confirmation. This current week also starting green gives additional strength. This is a strong bullish reversal bias based on candlestick reading from the last three weekly candle. The RSI hit a low and is now curving upwards. We have very big falling wedge pattern breaking bullish. The Red Ichimoku cloud is on top and prices are normally attracted to this cloud. After years of bearish action, the resistance levels turned support need to be tested and thus we come to the following conclusion: VeChain is set to move up. First stop/target will be EMA21 or 0.382 Fib. extension at 0.02150-0.02240 for 25%. Second stop/target for 53% will be 0.02679. Third target almost reaching EMA50 at 0.03333 for a nice, ~90%. Fourth and last target is the 1.618 Fib. extension level matching the weekly EMA100 blue line or 0.04530 for a great 159%. That's the potential, now the risk. The stop-loss can be used as a manual stop-loss, our preferred method, when an entire session closes below 0.01500. If this criteria takes place a buy can be closed. Very low risk... High potential for rewards. Namaste.
Long
by AlanSantana
2
VET - Technical review and analysisVET had a range trend during the last week and a downward trend in the last two weeks. The price of this currency has formed a new downward wave by completely breaking the support of the range of $0.017 to $0.020, and the support of the range of $0.014 to $0.015 and finally, the strong level of $0.010 can be good reaction areas for the current week and the coming weeks. Of course, a short-term stop occurred in the $0.016 range, which increases the probability of the price entering a corrective wave in the 4-hour timeframe. Also, at the time of writing this analysis, the price has entered a trading range area in the 4-hour period, the first resistance of which is at the level of $0.0163 to $0.0165, and the second resistance can be considered in the range of $0.0170. Only if the second resistance is broken, we expect a trend change in this time frame. Otherwise, with a negative reaction to these resistances, we expect the continuation of the downward trend and a decrease in the specified support levels.
by MonoCoinSignal
4
VETUSD may drop even 80 % in this bear marketVETUSD looks mega bearish. The price got rejected from the resistance multiple times. To be honest, there's nothing bullish now on this chart. It looks like it can drop even 80 %, however there are multiple support levels that may hold. In case of playing short position , we recommend taking profits at support levels (red lines). Probably many persons will think that it's crazy to predict 80 % drop for VET, but remember, this is crypto and altcoins may go parabolic down in a bear market . Alts can reach crazy low levels before finding the bottom. BTC.D looks like it wants to rise which is another reason why we expect altcoins to dump a lot.
Short
by vf_investment
5