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Vetbtc

VET Needs a Doctor SoonThe fundamentals of VET haven't really changed, as far as I know. Time will tell if this is a worthwhile investment, but I'm personally betting on it, since their community remains as strong as ever. However, one can't deny that extreme selling pressure has been there for quite a while. VETBTC has essentially respected the downtrend for months now (in teal), although we're riding on top of it at this point. In my previous chart, I expected VETBTC to bottom sooner and flatline, but I also said that we shouldn't expect much upside any time soon. I was wrong about bottoming sooner, but right about the latter. It has been clear for many months that the price has been suppressed. Just look at the order books. Patience will be key. A while ago, I speculated on an eventual bottom of around $0.002 for VET. Let's see if that plays out. This would mean another 50% decline from here in USD value. HOWEVER, this chart is about a potential long setup. VETBTC looks very weak at the moment, so I won't be surprised if this doesn't play out. If it does, though, we may be seeing a large Adam & Eve bottom forming over the coming months. This was something I speculated about in my previous chart, but I thought it would happen at a higher price. Oh well. If 100 breaks, investor confidence in VET will likely decrease, and the next target will probably be anywhere between 36 and 90 (based on the now extinct VENBTC chart). This will mean a complete retract of the bubble, which would be a bad sign. Here is the long setup anyway, just for fun. BUY: 100-110 satoshis STOP LOSS: below 100, depending on your risk tolerance. SELL: 129/130 resistance 150 resistance FURTHER TARGETS (if a big Adam & Eve bottom plays out) 170 180 200 BEARISH SUPPORT (historical VEN chart before token swap) $0.25/$0.0025 90 satoshis 36 satoshis This is not a recommendation to buy or sell, and I am not a professional financial advisor. This is for educational purposes only, and what you do with your own money is completely up to you. -Victor Cobra Link to the previous VETBTC analysis is at the bottom.
Long
by VictorCobra
VETBTC Double bottom and bullish mood.At the 4-hours timeframe chart we can see partially finished Double bottom pattern. This means the price has found its support and is ready to bounce if global market conditions are favorable. We see a higher low at the trend line and the price candles intersection. Technical indicators are bullish: VET is oversold, trade volume grows and low volatility according to DMI. So the price will bounce finishing the double bottom pattern. If this scenario happens we will see a penetration of Ichimoku clouds which acts like resistance and further wave movement according to our targets. Keep your stop loss high the market is still risky
Long
by Skyrexio
4
VET VeChain Falling Wedge BreakOut Can 67% Spike !!VET VeChain Making Falling Wedge Pattern and Now Succesfully Break Out the Wedge resistance may be Price Move up side on two targets 200 and 270 . Entry Zone 160-170 But Dont Forgot to use Stop loss 135. Let See What Will be Next Move , i hope that Price can fly from the current Price.... Let See.....!! Share Your Opinion in Comment Box. if You Satisfied With My idea Then Dont Forgot To Hit Like . Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. ThankYou....................!!
Long
by TRADiNG_hub
VET/BTC will break up shortly.Wooow VET just doesn't want to make any distinct moves lately. I started accumulating at 158-160 sat. I will sell half of my position at 174 Sat because I'm not a greedy bastard but I do feel that it could make a 30% move in the next few weeks. So if your a 'hodler' I would recommend buying a bag at the current price (160 sat). Especially if BTc pumps due to this supposed ETF gets approved, but to be honest I'm not too hopeful. All the news articles about it are iffy and I keep hearing fake dates that will "determine the start of a 2018/2019 bull run". Most of this is BS and never trade accordingly.
VLong
by maxbaehr
1
The Truth About $VET You Need to Know. It's a .....VeChain is a public blockchain platform that focuses on supply chain management and smart contracts. It is commonly listed as VET on crypto trading platforms. VeChain was the only top 20 cryptocurrency that did not show negative returns in the first three months of 2018, instead gaining 28 percent. In April 2018, it was the 17th largest cryptocurrency. (Wikipedia) Right now it's sitting at #19 on coinmarketcap with 55.5 billions circulating supply and 86.7 billions of total supply. VeChain is from China and was born almost 3 years ago, right now they have a great office in Singapore. VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications. It's a great project by the way, but it's quite new for me. The truth is that this volatility on the market price on VeChain can't convince me that i have to have this on my portfolio list rather than stopped only at my watch list because it's quite tempting for their ambitious VeChainThor project. I suspect nothing but good for their future, but i need to consider that i have to be careful right now towards some project. Well, it's me. How about you?
by blockchaindedi
4
VET inside falling wedge and possible break out Vet is inside huge falling wedge over 2months and trying to break out, unfortunatelly there are still lot of sellers in orderbook and we have to see if VET gonna break out or it will continue to fall. For confirmation traders you can enter the game once we break out of this structure, for agressive traders you can enter now and put stop loss bellow 155sats pax. VET stoped just bellow 0.618 fib levels. You can put your targets around 180sats, 190 sats and if its gonna continue bullish 200 sats , 210-220sats Dont forget to put your stop loss Happy trading
Long
by MichalMajzlik