$VET swing long$VET has not moved significantly yet in line with other altcoins, they usually move together. The general structure looks like this dip below the range is just a deviation and it will be confirmed once we brake back above 102 sat. On a fib retrace we can see 87 sat. has been acting as decent support no 1W candle closed below it, and 1D closed below then instantly got back above.
At 1W we can see it is near an ATL and the price has been around that level for over 3 weeks now, I would say this should expand soon.
At 4H we can see the box I drew is the body of a bearish candle from a previous low which has been acting as support, no 4H candle has closed within it.
I was tempted to take the trade at 87 sat. but I wanted to see some form of confirmation, the 1D close above that level was good enough for me.
Vetbtc
#VET : Still In Bullish Trend For The Mid Term.#VET_Update
#VET is looking very bullish once again after our call at around 90 sats on May 27 is showing a good progress breaking out of the formed downward channel trend on the daily time frame. For now we might see some downward push downs which might further go down to the area between 98 sats - 100 sats for a testing of the line which was the resistance before the breakout and which becomes the support for the trend for now. By this we are expecting a huge formation of an extended 3rd impulsive wave in the mid term. Distribution targets are stated on our last idea.
$VET I like how this is looking...$VET I like how this is looking...
Double bottom at support level around 82sats
Volume looking nice
Massive RSI & MACD divergences can be spotted (both rising aswell)
Really nice room for movements at this level
Pay attention to that descending trendline breaking..
#VET
[VETBTC](73%) VeChain Falling Wedge, Potential Breakout Targets!VeChain (VETBTC) is now trading within a falling wedge. This is a bullish pattern and can produce a strong breakout.
We are seeing increasing volume and an attempt to break above EMA10, these are early signals of an upcoming move to the upside.
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BUY: 84 - 92
NEXT SUPPORT: 80
TARGET:
(1) 110
(2) 120
(3) 130
(4) 145
(5) 158
STOP: Close weekly below 72.
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Thanks a lot for your support.
Namaste.
This is not financial advice.
VET/BTC 10-25% Profit, 1-5 Day Trade (& BTT is one bad mothaaa)Happy Friday Financial Amigo's! BTT is my primary love affair at the moment and still gives me tingles you know where. But I also like VET as a potential side chick. It's a good/stable coin, had a nice run over last months and definitely completed significant retrace from then, as well as from all high/late 2017.
My average trade is less than a day but lately I've been trying to venture a bit more into a few mid-term trades to make up for occasional short term loss(es). If I can just couple my wisdom (a.k.a.: arrogant confidence) with some more patience then I'll be in good shape. Seriously though, over time, but especially recently in this coming of age crypto bull market, I've found how important patience truly is if you want to grow as a successful trader.
Easier said than done, especially when drinking while trading. Anyway, not to digress so let's get to it!
TIME RANGE:
Currently: 3 PM Eastern, VET = .00000092 BTC (I'll be excluding all the 0's hereafter)
1-12 Hours :
98/99
1-2 Days :
101/102
1.5-4 Days :
108/109
2-5 Days :
112/113
If I am wrong, then I hope you didn't read this. If I'm right, then you're welcome. Either way, this is for fun and not financial trading advice. DYOR, blah, blah, blah, etc.
PS: SHORT TERM BTC PREDICTION:
Not ever trying to wish losses on other traders, but Gosh! Isn't it nice to hear bears bitching and moaning for once lol. You can fight it all you want, but I knew when this last FUD dip(s) regarding alleged Tether problems/Binance hack, etc., only caused a tiny dip with quick recovery, that it's time for more profits. Other bull runs happened quick, I think this time will be a bit different with longer/more stable growth. However, still expecting some normal Bitcoin/Crypto volatility. Fingers Crossed.
Next Month BTC Timeline:
8K to 8.3K to 9.4K to 10.3K down to 7.5K
(Those are "ish" ranges, not putting my actual sell/buy limits on here lol, or claiming to when it's really fudged figures * cough cough * pay me money for a subscription lol
Good luck trading amigos and thanks for reading. Maybe.
$VET / $USDT ready to push higher$VET / $USDT ready to push higher
ECHAIN Scoring
Overall Score: 72.3%
Open communication channels: 100%
Team strength: 59%
Product strength: 61%
Coin strength: 90%
Business/Company strength: 50%
Brand awareness/Buzz: 80%
Advisory board strength: 100%
Activity on social media: 20%
Quick Research
Purpose: "By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable."
Product Status: Prototype / MVP
Consensus Method: Ethereum consensus (currently proof of work, will be proof of stake later on)
Emission rate: No new tokens created
TXN'p/s: 0
Abstract:
VeChain is a global leading blockchain platform for products and information.
VeChain is the world’s leading Enterprise-focused dApp/ICO platform for products and information. It aims to connect blockchain technology to the real world by providing robust infrastructure as well as IOT integration, with scalability up to 10,000 tx/s and pioneering in building real world applications. This is being achieved through partnerships and collaborations with innovative brands and industries.
Investment data
Listed on 16 exchanges
CoinMarketCap Rank: 17
Market Cap: $2 B
24H Volume: $93 M
Coin Age: 10 months
Vechain bottom?Shittiest of shit coins but seems like good risk/reward to me. 101 sats is its all time low and looks like clear accumulation pattern around 102-103 sats. Could be a falling wedge at its potential 5 point of reversal with a fairly pronounced bull div on the Daily. Worst comes to worst we stop out at new lows.