VET/BTC 1D 🚀🚀🚀 About to rocket off? - %110+ move, RR 4.58VeChain has broken out of it's down trend, retested finding support, and has just broke out of a bull flag however it is moving into a key resistance level. Two ways to play this for a long both of which require you to wait for the reaction to the 90-95 satoshi range. If we see a reject this gives us an opportunity for a patient entry upon healthy consolidation as denoted by the LONG on the chart, however if we break above we can long the retest of the 90-95 satoshi range and take advantage of the 2nd move.
Target is 166 Satoshis for
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Vetbtc
VET/BTC (Vechain) the buyers still on show VET / BTC
🌟 Techincal Analysis 🌟
I still very bullish long term on this satoshi coin along with some few others
The buyers show strength since 2 weeks after breaking 5 months gaint falling wedge and we can see bullflag also on daily frame
On weekly frame chart is more impressive
I Remind you that we already bought VET(Vechain) early around 7x sat see here my previous idea :
🚨 Invalidation :
As you know this market is wild and we can change our view based on price action Change
If VET closed by weekly candel below 85 sat (0.786 fib level )then the bears can start to enter strong again
🌟 This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹
VeChain (VET) After Small Correction Will Grow 120%+VeChain (VETBTC) broke above EMA50 23-Nov. and peaked on the 25th of the same month.
It started a small correction, moving lower and testing EMA21 as support.
We are seeing signals on this chart pointing that this correction is over... I can tell by looking at the strong RSI and prices moving above EMA50 once again.
If VETBTC can stay above 0.00000084, we are likely to see the next move hit 120%+...
This is an easy target.
There will be additional growth as time goes on.
Patience is key.
Thanks a lot for your support.
Namaste.
$VET, Long multi-month Descending trendline breakout$VET
A pattern that I have seen on many alts since the run up started..
Long multi-month Descending trendline breakout, retest & continuation w/ increasing volume
Crossing above EMA50 w/ UCTS indicator Buy signal on the daily.. (180% room till 2020 ATH)
Looks good..
#VET
VET Bearish divergenceVechain forming a bearish divergence on the daily channel with the MACD. It has broken the downtrend, however you could draw this trendline in a different way (connecting it to the most recent high), which would invalidate a break of the downtrend.
Entry: around 62 sats
SL: 56 sats
Target: 95 sats
Where do you see Vechain going?
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Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
VeChain (VET) Correction Is Over | Moon After Higher LowVeChain (VETBTC) printed a higher low compared to March/May 2020.
This higher low is a strong bullish signal, especially after the current price bounce put VETBTC above the 0.786 Fib. retracement level.
At the same time, prices are now trading back above EMA50 with bullish indicators... Everything is pointing up!
From now on... Just a little extra time, some patience, and we will see our targets get hit one by one.
Additional details on the chart.
Thanks a lot for your continued support.
Namaste.
VET / BTC finally broke falling wedgeVet / btc
🌟 Techincal Analysis🌟
Was in Long downtrend since 5 months
Now with alot of alts becoming extremely bullish
Vet finally broke that wedge
Also on RSI we see Bullish divergence
As long as vet hold horizontal local support area we can expect it to do great pumps
Note : this is low satoshi coin so the risk is high
Please follow risk management and use stoploss
If you want to buy
💡Don't miss the great buy opportunity in VETBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000067). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.00000085
TP2= @ 0.00000110
TP3= @ 0.00000140
TP4= @ 0.00000190
TP5= @ 0.00000235
TP6= @ 0.00000270
TP7= @ 0.00000335
SL= Break below S2
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💡Don't miss the great buy opportunity in VETBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000067). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.00000085
TP2= @ 0.00000110
TP3= @ 0.00000140
TP4= @ 0.00000190
TP5= @ 0.00000235
TP6= @ 0.00000270
TP7= @ 0.00000335
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VET 4HR analysisLooking at the VET/BTC chart, you can see that VET/BTC pair floats between a strong support and a resistance level that used to be the support before the last fall down.
If this level breaks, I will be looking at the lower support levels which are at the green lines.