Vetbtc
VET LOOKS BULLISHCaps lock, doh! Sorry. Anyway, it looks bullish beause it moves to the upper channle borders as well as close to trendline breakout. All together with bullish BTC., that VET usually follows, brings an idea, it may breakout soon. And if it will start an uptrend, it may very well get to 137 at least.
Vechain (VET) | 92%+ Potential Profits | FREE TRADING SIGNALAxsonex Vechain (VET) Analysis
Please see the video attached for our analysis on VET/BTC.
Entry zone & targets are on the chart.
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VET Looks Bullish For The First Time In MonthsCouldn't resist giving a quick update on VET before the weekend (taking a break). A while ago, I posted a chart suggesting that 100 sats was likely to be the bottom for VET, and that it could last a long time. Since then, it has pretty much held that support and even moved up slightly. It is only now beginning to move up convincingly with consolidation, rather than rejection.
This is the longest period of time we've consolidated near 120 sats since the beginning of this long consolidation period. If the market continues to move up, we should see VET finally break the 127 resistance and move up towards the green resistance zones. We are also forming a flag, which could break to the upside pretty soon.
Potential BUY setup:
Aggressive entry - NOW with a stop loss below 113, or whatever you feel comfortable with. Or upon break of the flag.
Conservative entry - break of 127/130 - however, this might be risky, as market makers have been taking some coins just above resistance levels before dropping them. This is an accumulation/shakeout tactic, as it causes people to lose patience. However, if this happens, I wouldn't be concerned - as I think it would continue moving up afterwards.
TARGETS for near/mid-term:
Green zones
127
130
140
150
160
180
On the short side, if VET falls below 100 sats, that's a clear breakdown, although a bigger shakeout is possible. Unlikely to happen unless we receive some horrible news.
This is not financial advice. Just a quick update on VET, since it's still part of my portfolio and I've been observing its (mostly boring) movements. Things may about to stop being boring though. I've also noticed VTHO price increasing (which would indicate more network usage).
-Victor Cobra
VETBTC Long1-Technical analysis:
#Classic Analysis: Price in strong support zone based on long term
Market in range zone and waiting for the breakout of price box
2-Position details:
*Entry: After green zone’s breakout , get a good trigger in lower time frame
*Stop loss= 0/00000097-0/00000098
*Take profit 1=0/0000015-0/0000016
*Take profit 2=0/0000018-0/0000019
*Profit/Loss ratio= 1 minimum (based on TP1)
VeChain ($VET) - up to 734% PPT! Long term trade.$VET is in accumulation zone. It shows bullish divergence on daily and RSI and MACD.
After swap accurate data with $VEN ATH price was erased from CMC and tradingview however it was around 1000 sats (supply divided by price).
$VET is an amazing project with real use cases, working product and huge community support.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Vechain looking primed to rocket!
VET has been forming a rounding bottom for the past few months and might be ready for higher prices
We are currently right above support and on the round-bottom trendline so anywhere near these levels could be good for a long
Targets are listed on the chart
Volume has been coming in over this span of time, which could mean higher prices are in the cards if BTC consolidates and doesn't drop sharply in price
Thanks guys!
Vechain(VET/BTC)-Long SetupVeChain (VET) has been on the watch of many cryptocurrency pundits due to the digital platform’s awesome use cases.It is one of the most promising cryptocurrencies 2019.
VeChain’s offers way to chain counterfeit products and helps in tracing products from the industry to the end user. Its drug, apparel, and wine traceability solution have been celebrated by many industrial experts.
Lets look at the latest 4-Hourly chart of VET/BTC(Binance) pair:
Bullish case:
As one can observe in the chart that the pair has been hovering around buy/accumulation zone(blue bar) since mid Januray'19 and moving within range with range high 127 satoshi and 107 as range low.This could be possible accumulation like TRX/BTC before blasting off.
It needs to test and break the 127+ satoshi level resistance to confirm bullish sentiments.Also, it has broken the 200H-SMAs(Simple Moving Average) and accelerated through ichimoku cloud which is early signs of the bulls.
Simply put, if someone wants to buy then once can buy only after 127 resistance breaks and retest for targets around red bars or upcoming resistance levels.However risk taker can enter any value from here to 127 for long term benefits.
Bearish Case:
The only Bearish argument for the pair is not breaking the 127+ satoshi resistance level, which could be early signs of bears and breaking the 107 satoshi level support would be stronglu bearish for the pair.
Simply put, if someone bought between 108 and 127 satoshi levels then stop loss should be below 107 satoshi level.
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Technical analysis:
It has been noticed that BTC gains power and slowly crawls upward while Alts demonstrate times faster growth. Vechain seems to lag behind in this rally, however it reached Fib 1 retracement level and global bottom. The most important is that we see a third fractal breakout from descending crossed trend line. The price is above EMA50 (Blue line) confirms the reverse. Stoch RSI is in overbought area, however volume goes up, while MACD is Bullish.
VET broke a large falling wedge that lasted almost a month. The price crossed Ichimoku red cloud resistance. EMA20 holds a dynamic support, RSI is in uptrend.
Overall: indicators shows possibility of a large growth we recommend to hold VET for several weeks
The next important resistance is around 0.00000126, then long term consolidation will finish and bull run will start
Signal:
Buy zone: 0.00000103-112
Sell targets:
0.00000126
0.00000154
0.00000181
Stop loss:
0.00000097
KEY looking like a bottom!
KEY seems to have formed a nice bottom and has been consolidating at these levels for over 2 months now
Scooping up some around 71 sats could prove to be a steal if this actually does start to move up
Targets are outlined no the chart
If BTC pullsback here and consolidates for a while, it could spell some good times ahead for alts
Thanks guys!
VeChain (VET) falling wedge breakout. TO THE MOON! Target 125%BINANCE:VETBTC
BITFINEX:VETBTC
BITFINEX:VETUSD
BINANCE:VETUSDT
VET broke a large falling wedge that lasted almost a month.
The breakup comes with a nice volume increasing, next to the breaking of the wedge the price also crossed the ichimoku cloud and is about to cross the 200MA.
20MA is holding as dynamic support and both MAs are pointed upwards, RSI is in a very strong uptrend just like the MACD, all indicators point to a big growth in the price of VET in the coming weeks.
The next important resistance is close to 129, and after the disruption of this zone, we will officially leave the consolidation zone that exists since November between 102 and 129 satoshi.
Targets below in the next comment! To the moon!
TOP LONG PICKS - JUST BUY AND HODLThese are my top long picks for the time being. Most have yet to jump, so there is time to still get in early!
I have some other favorites (HOT, ADA, LSK, CVC, ARK, XRP, TRX, etc...), but I think they have already jumped or are going to take some more time.
Did I miss one? Post it below with your anaylsis so we don't miss out.