VET DAILY TRADE #18 -> High Risk Wednesday!Todays trade is VERY HIGH RISK
I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness.
In this recent uptrend I don't think VET has been particularly bullish, just religiously following BTC price.
Its possible that even if BTC ticks all the boxes for this trade, that VET may not even hit .223
High risk mild reward... lmao
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ENTRY
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BUY: .207 - .209
TARGET: .223
STOP: .2
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Vetbtc
VET DAILY TRADE #16 -> RETEST ENTRY no2 - The RetesteningVET broke resistance again, another breakout essentially, now looking to retest resistance. BTC will determine whether this is is a fakeout or not. VET is still being influenced greatly by BTC price action, we aren't seeing a ton of trading pair separation.
I will say I think BTC is showing a short term trend reverse after failing 59k again, I think testing trend line I have at around 57.5k is more likely today, which may bring VET below this resistance again. The safe play today could be buying in the support cloud at .217
Another strategy here, which I'm taking, is just accumulation. Let your entry ride, buy more at the retest, buy more if we hit the support at .217.
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ENTRY
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BUY: .224 to .225
TARGET: .279
STOP: 4H close below .217 support
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VET DAILY TRADE #15 -> BREAKOUT RETEST ENTRYVET has lost a bit of momentum and been testing the previous resistance now support. Hopefully it can hold, im getting a lot of bullish sentiment vibes with VET, a contained excitement. @cryptoJimmyTwoTimes is thinking .35c this month... lets see
Again, as I say so often each week, its really up to BTC, if we can break 58.5k I can see serious bullishness.
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ENTRY
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BUY: .224 to .226
TARGET: .279
STOP: .217
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Crypto Market VLOG #17 - BTC needs to break 58.5kWelcome to the daily crypto vlog, hope you're having a grand old day.
Today I explored a couple trending BTC tradingview ideas and gave my interpretation and thoughts on them. Shoutout to @TradingShot, @MMBTtrader, @P_S_trade, @caldooninvestment and lastly everybody's favorite, @EXCAVO
All of them had good points, I love the rising wedge pattern find of @MMBTtrader, I find that highly significant and I may do my own idea building on his work today if I get time.
<><><><><>
TimeStamps
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0:00 = Hello!
0:40 = Small TF double top
2:50 = 100MA
4:20 = vechain check up
7:55 = @TradingShot -> 1 red month rule
10:30 = Reality of hitting the 1M upper trend line
13:50 = @MMBTtrader -> Rising wedge pattern BTC
16:20 = @caldooninvestment -> next move for BTC
17:05 = @P_S_trade -> interesting lower trend line
17:20 = @EXCAVO -> PLEASE DONT BE RIGHT AGAIN!
18:05 = CLOSING = cryptopanic = Bearish BTC news
<><><><><>
VET DAILY TRADE #14 -> How high can VET go?VET has broken a major trend line, broken 1 resistance and looking bullish. Its starting to approach the .25 mark and appears to be following many other dino coins in this bowl shaped pattern on the weekly, coming full circle back to the previous bullruns gains.
Todays VET daily I decided to chart up my ideas on vechain price targets for this year. These targets come from a mix of fibs and various VET charters (like cryptojtt) predictions.
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VET Daily Trade
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BUY = trend line retest
TARGET = .25
STOP = 4H close below trend line
** coin telegraph published an article highlighting institutional bears wanting to keep BTC below 60k this Friday due to $1.1B options expiry. So expect price to be suppressed today (for me, in my timezone) We will see if the expiry lifts the lid a little on this price range... aka WE GOING TO THE FRUITING MOON??!!
VET DAILY TRADE #13 -> BREAKOUT PLAY!VET looking more bullish today despite BTC having failed at 58k. It came up for a break briefly, but wasn't able to close it on the 4h.
There is a possible entry back on support, that's definitely a play I may consider if we come down sharply.
If BTC can recover and try again at 58k then get ready for the breakout play!
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AGGRESSIVE ENTRY
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Buy the 'break and close' on 4h
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TARGET: .25
STOP: If we break and close on 4h back below trend line.. or if BTC takes a big ole dump
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SAFER ENTRY
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IF BREAKOUT
THEN
Buy the successful retest of trend line
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TARGET: .25
STOP: Same as above
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SAFEREST ENTRY
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BUY: .185
TARGET: .25
STOP: .175
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VET DAILY TRADE #12 --> Bullish triangle days behind us?We are on the downside now of that triangle, there may be some trend lines to fit us back in there, but how many times have we adjusted them lines?! At some stage you have to let the pattern go.
I see the upper descending trendline, that's significant. I also see the support levels. And I feel tremendous pressure and connection to BTC price action. It is our gravity currently tying us together.
There is an opportunity to buy here ontop of support and hope that BTC holds long enough for us to touch the upper trend line and take profit.
I want to recommend it to ya'll but... BTC is too volatile right now. There WILL be a period of a day or 2 this week where ALTs can pump and we can see VET make that move but right now I feel its too risky.
VET TO THE MOON !! SYMMETRY PENANT BROKEDHello,
Vet has just got alot of volume on this breakout, sorry for being late
well still it has to retest the breakout and go towards the targets, volume is good and the symmetry bullish triangle is awesome perfectly.
Price is above 20 daily moving average and RSI is in oversold zone.
respect the stop loss and take profit zones, unload the positions on each TP.
Cheers.
VET DAILY TRADE #11 --> BTC fiendishly stabs VET!WE STILL IN UNCERTAINTY LAND GUYS!
The moral of my VET trades hasn't changed much. Buy on the trend line. VET fell sharply, and briefly, below the current trend line I've been using. Its created potentially a new trend line that I've drawn in with dull orange. I still prefer the bright orange lower trend line as I think it gives more context to price action.
When BTC comes straight up after dips like this, it has often indicated bullishness for small time frame. I do see a window here where VET could get a quick touch in on the upper trend line of this ascending triangle.
Just a sneaky touch, cheeky 10% and then we come down. That's the idea for today.
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Todays VET Trade
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BUY: Enter on the trend line , don't settle, get a low price.
TARGET: .223
STOP: .188
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💡Don't miss the great buy opportunity in VETBTC
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0362).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0406
TP2= @ 0476
TP3= @ 0601
TP4= @ 0808
TP5= @ 1022
SL= Break below S2
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💡Don't miss the great buy opportunity in VETBTC
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0362).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0406
TP2= @ 0476
TP3= @ 0601
TP4= @ 0808
TP5= @ 1022
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VET - Looks good (As you asked)VET looks like it's trying so hard to break resistance.
If you're into opening long positions, wait until a breakout first. it happens after the closure of the first 4H candle above the resistance area.
After that conformation open your long positions.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
VET DAILY TRADE #10 --> Lots of trend line supportHIGH RISK TODAY!
This isn't really where you want to be entering this trade, there is a breakout play here still. Technically if we close on the next 4h, we have another decent opportunity at a breakout with move up to test next resistance.
BUT, bitcoin took a dump, and what we've seen past few days is = BTC pump -> ALTS don't move -> BTC dump -> ALTS dump. Its been a losing scenario for most ALTS.
VET has certainly held here better than others. But lots of indicators are getting bearish, if you entered a trade here, got your 10%, i would consider just taking it. Be real conservative with a trailing stop.
We need a few more days of BTC price action to figure out what's happening here.
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Todays VET Trade
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BUY: Enter on the trend line, don't settle, get a low price.
TARGET: .25 (consider selling at .223)
STOP: .198
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VeChain (VET) - May 2Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(VETUSD 1D chart)
You should watch for any movement that deviates from the 0.19129250-0.25429895 segment.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls, you need to make sure you get support in the 0.17029034-0.19129250 range.
If you go down at 0.17029034, you need a short stop loss.
If you go down from the 0.12828604 point, you can touch the 0.09410614 point, so you need to trade carefully.
If the red of OBV on the volume indicator does not increase, it is expected to maintain an upward trend.
In the CCI-RC indicator, it remains to be seen whether the CCI line breaks above the EMA line.
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(VETBTC 1D chart)
We have to see if we can get support and climb at the 350 Satoshi point.
If it falls, it remains to be seen if it can gain support in the 316 Satoshi-350 Satoshi section and climb along the uptrend line.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
VET DAILY TRADE #9 --> PLAY THE BREAKOUT!Seeing breakout plays all across crypto, all we waiting on is the money to take its attention off BTC for a minute and flood into ALTS!
Todays trade is simple and actually what the trade should have been for yesterday! PLAY THE BREAKOUT! Simple!
I would buy here, stop limit below .198 and that buildup, and see what happens. Pretty simple stuff. Fingers crossed boys!
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Todays VET Trade
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BUY: .201
TARGET: .25
STOP: .198
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Fundamentals
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