Vetanalysis
VET/USDT 2HOUR UPDATE Welcome to this quick Vet/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- vet/usdt analysis is ascending triangle ready and green zone fast by the dip.
Entry:- $0.11646.
$0.11840.
Traget:-
T1:- $0.12197
T2:- $0.12509
T3:- $0.12823
T4 :- $0.13470
Stoploss:- $0.11174
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
VET/USDT - Potential 185 setupHello Traders!
VET is another ecosystem asset.
The asset is under selling pressure after a strong seller reaction from the $0.154 level.
We should look for purchases based on a possible continuation of the correction of the asset.
The nearest liquidity buffer is the $0.082 - $0.099 range. It's better to buy closer to the lower border of the range - the level of $0.082.
It's better to place a stop under $0.05700. As the stop is long it's better to work with 50% of the volume of allocated funds for the deal at first, to make other purchases after correction completion.
The targets for purchase will be price levels
$0,154
$0,187
$0,234
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
VET/USDT BINANCEVET/USDT BINANCE
1D hollow candlesticks
After a price dump came from the symmetrical triangle, a candlestick hammer seems to form.
Until the daily candle ends, we can't tell for sure that will happen.
As it seems a Cypher has formed, so a price rebound will follow, as the aqua-colored path shows.
Also, this path is more clear in this dis ascending - a bullish falling wedge that has formed from a symmetrical triangle.
The next resistance will be at the last two Fibonacci retracements golden ratios.
If MACD bullish crossover occurs, it will confirm the movement of the path.
The steady volume shows HODL.
VeChain Price (VET) = $0.08826 -0.95%
0.00000211 BTC -1.18%
0.0000311 ETH +0.86%
Good Luck
CryptoHellas Team
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!
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
Very important close for Vechain!!!VET has been moving sideways along the 0.2 FIB level for some time now and seems to be getting dragged along with a big part of the market. We do really need to see a daily close above this 0.2 and hopefully see some bullish momentum bring us upwards. We look like we are getting stuck on the middle line of the bollinger bands and aswell holding the 0.2 FIB very strong. also the BB's are squeezing down on our candles and we could be loading up for a big move if we continue like this, could be bullish or bearish though. The reason i think this daily close is so important is because if we don't hold the 0.2 thats bearish in itself then we add on the chance we start riding the bottom band on the bollinger bands which almost everytime results in a pullback. The RSI keeps shying away from the 50. point and we are currentlly slopping downwards, we need a full break of the 50. point and a hold to be considered in a uptrend again. the MACD is bullish as of right now but we see the Blue MA starting to curl downwards coming towards our orange and we could be seeing the beginning of a bearish cross. I am overall very bullish on Vechain as a short and more long term project for sure and i definitely look to add more when i can. if we do by chance see a little pullback i imagine we won't go further than the 0 FIB level where we touched during that big correction. Not financial advice just my opinion!
VET big move coming soon!!?Vechain has fully broken out of the descending channel and now in the past few days we are seeing nice momentum pushing the 0.3 FIB level. If you look at the RSI, we're seeing an approach to the 50. point, if we can see a full break of this level we will be in a confirmed uptrend and we all remember what vechain did at the beginning of march this year! Also looking at the MACD we see a buy signal put out the other day and now starting too see a confirmed bullish flip of the Blue and Orange MA's, plus looking like 2 green bars on our histogram and we haven't seen that in quite some time. I think if we see a bullish close today above the 0.3 FIB we have a good chance of gaining a lot of momentum to launch us to the 0.5 FIB and beyond. Not financial advice just my opinion ps. everything also depends on BTC
VET ready to breakout!!?Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the descending channel and the 100 day MA i think VET will start to explode once again like we saw a little while ago! Our RSI is pointing down slightly around the oversold zone and we have lots of room to run up to that midpoint line, for a full uptrend we need a confirmed break of that 50. point! The zero lag MACD looks very bullkish with our lead heading up and a start to a confirmed flip bullish with our blue MA ontop of the Orange. Very Bullish on Vechain as a long term project too i love the tech and real world use cases they are providing and could definitely see VET as a top tier crypto project in the near future, their partners are quite impressive and big institutions are really starting to realize what Vechain can provide and bring to their businesses! Not financial advice just my opinion!
VET - 6h. Critical point for growth - the range of $0.16-0.17 Nothing is impossible. It was with this slogan that VET sellers lowered the price by 80% from the all-time high. A powerful wave of decline in the VET market tested the liquid range in which the price was trading back in February 2021. It is in the range. of $ 0,05
buyers set the previous all-time high. It was at this historical high that we took a fractal that worked perfectly in our previous idea:
Sellers managed to push the price even below our global target o f $0.07 . As a result, all the profit that investors could have earned within 3 months disappeared in one day. Of course, this is at best.
However, the sharp rebound of the VETUSDT price from the mark of $0.05 and the unsuccessful attempts of sellers to update the local minimum proved the strength of the coin. Our short-term scenario for the VET price movement is positive. We expect the price rebound to continue after the panic fall with the target of $0.16-0.17 . For a confident continuation of growth, buyers should not give up control of the mark of $0.104 . After a successful test of this mark, a good chance will open up to buy this coin with low risks. The loss of this mark will send the VET price towards the trendline and question the strength of the buyers.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Vechain Bull Flag!!Vechain has been in a bit of a cooloff and bullflag since our huge run up, we had a false breakout of the bull flag and we are approaching the bottom also the 0.5 FIB level. I would like to see VET hold this level for our daily close tonight and start to push back up, as you know BTC will drag everything down but once BTC starts to settle ALTs are going to takeoff. We must watch the bollinger bands as we do not want to start riding the bottom band which is very bearish, BTC is actually already riding the bottom band and is falling pretty hard. The RSI bounced off the 50. point line but looks like we are starting to curve up a little. If we do fall hard with BTC i will be buying the dip i think Vechain is a crypto for the future! The MACD is falling but we are seeing some resistance from the red MACD lead, we are starting to even out and point sideways, we want to see the Blue MA flip the orange bullish to get that confirmation of a move up. Not financial advice just my opinion!
VET - 12h. In a step before a powerful fall wave?Hello everyone. For almost a month, the VET market continues to consolidate, in which market participants are trying to gain positions before the next impulse. The main question that arises for us is in which direction will this powerful impulse , which is about to begin to emerge? On the one hand, we see a powerful wave of growth, after which a shallow correction began. This fact indicates a high probability of the continuation of the growth trend.
However, if you pay attention to the history of the VETUSDT price movement, you can see a similar situation in February 2021. On the chart, we copied the fractal from this segment of the chart and transferred it to the current situation. As you can see, this scenario looks quite realistic. In addition, if we build a global growth channel, from which the VET price jumped out in April 2021, we see a likely collapse of the VET market can stop at the lower trend line:
If we look at the situation and ignore the fractal, we see that the VETUSD price is preparing to exit the triangle . The lower trendline of the triangle also serves as the trendline of the growth channel, which buyers have been holding since February 2021. The current wave of growth, within the triangle, is happening without much enthusiasm from buyers:
This can be seen from the trading volume and the growth pattern. The breaking of the lower trend line of the triangle will trigger the triggering of a large number of stop orders of buyers who bought VET during the previous 2 months. This volume of long positions, which starts to sell at the market price, could trigger a powerful wave of decline with the first stop at $0.17.
If the triangle is broken upwards, we will wait for the retest of the mark of $0.22 . If buyers after the breakdown of the triangle upwards hold this mark, this idea will become irrelevant and it will be necessary to buy VET.
P.S. Our previous idea for Vechain had two scenarios. So far, buyers have failed to implement a positive scenario.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Expect Big Vechain Move Soon!Vechain has been moving sideways for a little bit now and i believe we are going to see a very big run up in the near future! Vechain is currently looking to breakout of a wedge, we are getting very close to the apex of the wedge and I think we will see a break soon. We are getting great support from the Ichimoku cloud, we are still seeing thicker clouds being printed and I think we are going to continue seeing it! Aswell we are seeing great bullish momentum from the EMA ribbons, we are starting to see some spread on the ribbons with 0 signs of slowing down! Our MACD has recently flipped bullish and I believe once we see a breakout of the wedge I think we are going to see a very strong push up possibly up to our 0.2 FIB level! Very bullish on VET overall, Not financial advice just my opinion!