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.
Vetbtc
VET/BTC (3rd Retest of Support)VET/BTC
-VeChain is now trading at previous support area at 137 sat
-Will this level hold and see a relief bounce?
-If BTC and Dominance chart will not make any significant move
-VET has the chance to bounce up to the trendline resistance
-This will the 3rd time the area of support will be tested
-So there is still a chance it will not break to the downside yet
-Be cautious because the short term trend is bearish
-Use proper stop loss below key areas
Vechain (VET) is looking bullishSWING TRADING STRATEGY
Hello everyone, are you happy today?
If you are not, did you know that you are a wonderful person? there you are the smile 😁😁😁
I looked at VET / BTC pair and think it will go bullish again after retrace for almost 2 months, there are signs that makes the pair will be bullish :
1. The pair is creating pennant pattern right know
2. It was bounce on FIBO 0.5 in bigger wave and 0.768 on smaller wave
3. There is yearly strong support below the price in green curve line
4. EMA 55 is supporting the price
5. Volume profile showed spike around this price
The target is mapped using violet lines, we can see 70% easy potential profit in the future
Entry : 137 - 159
Target 1 : 206
Target 2 : 238
Target 3 : 279
SL : Below 132
Look for Another Swing Trading Strategy Below :
Long VET Potential 30%VET looking strong and should again bounce from here now right at support. So good to accumulate some VET here.
ENTRY: CMP (161 SATS)
TARGETS:
188
202
211
Moon!
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Stay safe
#PEACE
Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
VeChain BTC Short Term Analysis VetBtcFormed the second flag on the daily candlestick chart. Sma didn't disrupt 10, 50, 100 and 200 in graphics and tried the 160 sat level many times but failed. Now that I think the acceleration should be upward if it gets rid of the selling pressure. vtho may have slowed us down a bit, but i still have hope.
This graphic is my amateur work. it is not investment advice. good luck to everyone.
VET ready for another ride! Potential 20%Welcome to this quick update
VET is looking strong again and after a long tear and a healthy correction, VET is back on in action again.
We can see VET bounced to strong support not once but twice which shows that there is a strong interest in this zone for buyers. Also as VET is one of the top altcoins and not everyday shitcoins! We can see VET again going for a run to the moon especially in the new bull market that is raging at the door.
Along with TA jumping to support also we can see more room for RSI to grow above 50 which can be a good sign to accumulate or DCA. Same case with Stoch RSI , Overall Scenario .
Above all important EMA and MA too
VET FA is blast too. VET just announced "World’s 3rd Largest Pasta Producer Adopts VeChain (VET) and DNV GL’s Infection Risk Management Solution" and we can see more announcement like this the coming season.
making it bullish.
ENTRY: CMP (Current Market Price or DCA )
TARGETS:
188
202
211
Moon!
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Stay safe
#PEACE
Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Buy Altcoins when BTC is ranging!Thanks for the likes and subscribes!
A little known fact about crypto. If BTC starts ranging, we load up on altcoins!
So what is ranging? Well there are uptrends, downtrends, and then sideways action. Ranging is the sideways action that you see on charts. The sideways action on BTC lets the rest of the market catch up to it!
So what are we seeing in the chart? Well BTC may still have upside, so this is unconfirmed as of yet. We are watching it closely for the micro high if it has not already been set.
We also want to see the RSI stay in between 40 and 80 to continue the bull trend. We want to own altcoins that are between these RSI levels as well. Anything will do! Some of our favorites right now are VETUSD, MATICUSD, and the DOT ecosystem!
Happy Trading!
Looks like VET is finally showing some bull signsHello everyone,
After calling a TOP in previous idea (Red thumb down) VET is finally showing some bullish signs so wanted to let you know.
4h chart is slowly forming bullish divergence on RSI after hitting 0.618 fib retracement
ChaChain
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trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
VETBTC | Eyeing key supportBINANCE:VETBTC upon breakout has shown clear price action and likely to bounce off the key support producing 87% more of its current price.
BUY: 0.00000160 - 0.00000170
T1: 0.00000197
T2: 0.00000217
T3: 0.00000237
T4: 0.00000267 -> 87% 🎯
SL: 0.00000142 (Below trend line)
Thank you for reading, hope you have a good day!
VET BullishVET bullish breakout from descending triangle. We had both a MACD and EMA cross on the 4hr chart prior to the breakout. Shorter term, like 15min and 1hr charts are less bullish. The current 4hr candle needs to close above the triangle‘s top line and our next candle will confirm the breakout. Longer term charts are extremely bullish. VET/BTC looks to have bottomed and turned up as well. We should see resistance around 0.024¢/ USD, could be a chance to reload. My current price target is around 0.031¢- 0.035¢ especially after a long consolidation. There’s a huge sell wall at 0.04¢ so expect a large rejection before continued bull run.