VeChain to BTC Hi Everyone
I am relatively new to trading, so feedback would be highly appreciated.
Here is a continuation pattern, I used a pole to measure the target price for VET/BTC, this target price hit a resistance level from 2018.
As the trend went upwards into the pattern this should mean that there is a 70% chance of VET/BTC breaking bullish.
Vetbtc
VETUSD Daily
VECHAIN USD DAILY
Vechain is exhausted, Been on the downside with low demand and decreased upside potential ever since the rejection from the upthrust move. Another leg down is possible but i expect it to gain back the momentum to the upside.. Potential Spring and mid term price target in sight!
LET ME KNOW WHAT YOU THINK!
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⚠ DISCLAIMER:
Trading Involves High Risk! Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
VET in a critical level- possible buy zoneBlue dotted lines indicate Daily S/R levels and trends. After the bearish shock in the market, VET is at a critical level. In case, it holds the current level, I expect it to reach the next targets. Losing the current dotted blue line S/R downwards will indicate the start of a short-term bearish trend, followed by a bullish trend leading to our targets. Losing the one level indicated by the red arrow eliminates the target levels for now. Better to wait for the daily closing before making a move.
VET/BTC (Retesting Previous Resistance Area)BINANCE: VETBTC
-VeChain is back at the previous key resistance area before the strong pump last July
-It is traveling inside a Bullish descending channel from the Top price
-Also, retesting the recent support last 1st week of September
-This can be a potential Double bottom reversal if we can confirm an upside breakout
-Until this channel remains valid, I recommend to patiently wait and observe the market
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
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If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
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VETUSD - very BULLISH long off possible corrective bounceSince my last trade idea became invalidated on VET due to a longer corrective wave than expected we finally touched major resistance off 0.01 resistance and bounced. Also bounced from double bottom neckline.
VET is showing strong signs of staying alive and keep in mind VET has risen almost 600% (look at my first call on VET) and we are still ABOVE yearly CAM S4.
Keep an eye on 0.015 levels, we could have one more shakeout and a re-test to 0.01. I'll post another idea if price hits 0.019 to see if our past target of 0.044 is still possible.
Short term TP levels are 0.0155 - 0.0.19.
Remember trade what you see and not what you think. Always look at price action and if you don't feel comfortable get out.
NOT a financial advisor, trade at your own risk.
VET/BTC (0.618 Fib Strong Support?)BINANCE: VETBTC
-VeChain tested the 0.618 Fib level and we saw a good bounce
-The 109 sat area is a confluence of previous support turned resistance
-If VET pulls back to retest the key support area and bounce strong
-We wait for the trendline resistance breakout to confirm trend reversal in the short term
-The upside potential target is up to 198 sat and the ideal stop loss is below 108 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
VeChain in a Bull flag!Today has altcoins are seeing a correction upwards, and it is a good time to get into an alt that doesn't seen a move and it's about to, like a VeChain!
Currently in a bullish flag.
Enter in the bull flag
TP1 6% 0.013080
TP2 16 % 0.014080
Leave below 0.012120.
Good luck with this trade!
VET/BTCI really like this VET/BTC set up here. It's sitting at a strong support zone and has been holding it quite nicely. However, the market is very volatile right now, so definitely manage your risk! I'm long VET either way (So I'm accumulating here), but this shows potential for a quick scalp to .140 sat area. Good luck!
VET / BTC Triangle. Work in a trend. Past idea + 435%VET / BTC past idea + 425% without margin and leverage. The last idea of 2019 + 200%. The pair against the dollar +30% +50%+ 600%. I fully accompanied the price from the very inception of the trend, as I myself actively participated in the trading. You can see it in the updates under the previous trading idea. The entry point was given a few days before the inception of an uptrend at the lowest price. The coin has acceptable liquidity and there is a margin, which allows working in two directions. I have been trading the coin since August 13 ( 8 ) 2019.
Past trading idea for this pair:
VET / BTC Potential double bottom. Previous idea more than + 200% Published May 23
Result + 425% from the entry point. In the trading idea itself, see in more detail how I followed the price in the trend.
Pair to dollar
VET / USDT Symmetrical triangle. The Dragon is forming. + 60-300% ... Published Jan 19
The result of the work. + 30% + 50% + 600%
+ 30% false breakout of the downtrend line.
+ 50% short work in the specified area.
Then the removal of the stop loss by the faith of the zombie traders below the support zone and a set of liquidity. We knocked out even the most inadequate stop loss size. The trend reversal took place without passengers. Use Stop-Loss "gentlemen", let's gain positions with a minimum step and discounts). TA books are sacred))).
Then, the development of an uptrend and the embodiment of the specified pattern on the chart. From the specified price reversal zone + 600%. 1318
The situation is now on the pair VET/BTC
BTC clone situation winter-early spring. To understand what could happen, look at my trading idea with this formation that formed on BTC which I published 1 year and 2 months ago. On such coins, the process simply goes faster.
BTC possible formation of a global triangle. Alto pump at the end of the formation. Jun 28, 2019
8 months later
Then watch this BTC/USD work / learning idea published in February 2020 already the year this global formation practically formed. Also in the video I talked about how to work and what will happen.
TRAINING / work Trading on trends and important areas using the example of Bitcoin. 15 february 2020
On the VET/BTC pair, a symmetrical triangle-like formation with a 160% base is currently forming in a secondary trend. The price is clamped. Work towards the breakout of the formation. Be aware of the possibility of a false breakout.
1318
Vechain Looking really Good!I prefer looking at the weekly charts to give the outcome the Bigger Picture.
Vechain looks really solid. On this chart we have 4 Indicators provided in the Public Library written by some good script writers.
TradingSystem101 by chartArt
I ndicated a buy on the the week of August 3
Slingshot by Chis Moody
Big trend Indicator showing the bears are over starting a week later Week of August 10th
SuperTrend by Mejialucas
Indicated a Buy on the week of June 8
Hash Ribbons by capriole charles
Indicated a Buy on the week of June 22nd
VETBTClets see if vet can hold support and breakout then retest the falling channel pattern to tap the level of supply above us !
Vet just bounced from .5 fib on dailyI do like how beautifully VET bounced from .5 fib, 2 times in August. To me this looks like a beautiful setup, however I'm not liking how BTC looks today, and NGL, I'm a bit scared of BTC dump, but if everything stabilizes this could be a very nice setup.
I think if rsi goes above 50, this could be another confirmation. However, I don't like that any logical SL for this trade is below .5 fib, which is 10+%, around 134 sats.
Volume is slowly creeping up as well.
Breaking downtrend & retest the trend where it break?its hard to say that VET is now uptrending, but high risk = high reward. Can be tried if u like high risk.