VET (VECHAIN) Cup and handle inside a bull flag. Hello traders,
We are looking at the 1 hour graph of VET.
As we can see, a cup and handle formation has formed. Furthermore, the cup and handle has formed inside a bull flag.
However, there is not a clear trend visible ..
This is not financial advice, I am not a financial advisor.
Share your thoughts in the comment section!
Vetbtc
VeChain (VET) - March 25Hello?
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You should watch for any movement that deviates from the 0.080952-0.089695 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls between 0.067837-0.072209, a short Stop Loss is required.
It remains to be seen whether the CCI line can turn upward on the CCI-RC indicator.
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(VETBTC 1D chart)
You should watch for any movement that deviates from the 156 Satoshi-170 Satoshi section.
If you fall in the 128 Satoshi-135 Satoshi section, you will need a short stop loss.
We must see if we can touch the previous high point, 212 Satoshi, by breaking above 170 Satoshi.
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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)
Nice Inverse 'Head & Shoulders' for VET. Target 151 SatSo many of these have hit targets lately... Almost feels too easy.
Target 151 Sat (+74%)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
BUY SIGNAL VET HIGHFOR LONG TREND EXPEcTING INCREASE on VECHAINHello friends,
Depending on market study VECHAIN looks for new increase trend and with possible breakout next time.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
VET/BTC Cup & Handle formationIn the last few week we had a nice cup & handle formation, cup and handle pattern is a strong bullish sign, sometimes its tricky,
but in our chart we had the bull trend confirmed, also our analysis for the VETUSD pair confirms the strong bull run that VET is having.
#Trade Safely
VeChain - snipe on lil $VET $VET love the VeChain it's a long play for sure but loving the snipe a lil here.
💡Don't miss the great buy opportunity in VETBTCTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00000070).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.23.
Take Profits:
TP1= @ 0.00000095
TP2= @ 0.00000110
TP3= @ 0.00000130
TP4= @ 0.00000150
TP5= @ 0.00000190
TP6= @ 0.00000215
TP7= @ 0.00000270
SL= Break below S2
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Important update for VET holdersVET / BTC
Vechain play in this range against BTC since 2018
(green area in chart)
What if it can hold above monthly resistance zone
If that happen we can expect bullish parabolic move and possible price discovery against BTC
The most confirmation is waiting for monthly candle closure above which even the new buyers can buy with small bag after that
But take care because if failed it will drop near lower line of the range again
Best wishes
1$ VET - Lets go!Please don't go by the title, to go to 1$ there is a lot of time and VET has to burn down their tokens. But still it is very bullish, actually very very bullish token and it should be bought and put in a cold storage. check their website to see there partners and work they are doing. With respect to BTC price also VET has reversed the trend bullish.
VECHAIN 240 CHARTVechain is in a bullish channel leaving a strong trend. We will look for a first target at the top of the channel with a very tight stop. If we want to split the position, our next target will be the psychological target of 0.10 $.
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Vechain está en un canal alcista dejando una fuerte tendencia. Buscaremos en un primer objetivo la parte alta del canal con un stop muy ajustado. Si queremos dividir la posición, nuestro siguiente target será el objetivo psicologico de los 0,10 $
$VET, Trying once again to break above ~110 sats resistance $VET
Trying once again to break above ~110 sats resistance level..
UCTS signalling buys across the board 👍
For now looking at a r/s flip above this level (and volume 🙏) as signal of continuation..
if happens, then looking for ~140 sats.
#VET
VeChain has had it's morning coffee, now it's ready to go VeChain seems to be forming a cup & handle pattern on 1hr chart (VETBTC pair). The pattern target is probably at the drawn fibonacci level, 0,00000170BTC.
This is around 32% pump from the top of the handle, and approximately 47% pump from it's current price. If the bitcoin price stays put more or less, that would put VeChain to 0,10$. We would see history in the making for VET.