VET/USDT 📊 Long investment deal 📊
VeChain’s blockchain is built on a modified version of the Ethereum codebase and it optimizes its blockchain (called Thor) for enterprise use cases. Thor is the core of the blockchain, which functions as a basic layer for message exchange, key management, and data storage. Business applications can be built on top of Thor for smart contract creation and data auditing. VeChain plans to develop Thor smart contract development with visualization tools and support for multiple languages. VeChain IDs are a key component of the blockchain. Physical good tracked with VeChain are assigned digital identities created with a SHA256 hash and tracked with NFC, RFID, and QR codes. It uses a Proof of Authority (PoA) consensus mechanism that relies on masternodes to validate transactions. Authoritative masternodes are selected by the VeChain Foundation and the VeChain community after Know Your Customer (KYC) processes. VeChain’s blockchain circulates two tokens. The first, VET, is the network’s primary medium of exchange for governance and payments. The second, VeThor (VTHO), is a token for a lower transaction fee model that is credited to VeChain users daily based on the amount of VET they hold. VeThor is used to executing smart contracts and transactions on the VeChain blockchain. VeChain blockchain users are categorized as users and service providers. VeChain users include manufacturers, retailers, consumers, and other enterprise clients. Service providers build specific applications on the network like smart contracts and other blockchain-based software applications.
Vetchain
VETUSD - DOUBLE BOTTOM ??VETUSD soon to form a double bottom, wait form breakout comfirmation to entry long on this gems.
VETUSD - STILL GOT MOMENTUM ??My projection for vechain after the breakout from 2nd arc. if it didnt breakout will be expecting a bit sideways before trying again.
VET - is going to drop🤔❓VET has broken the local trend line, which is a signal that support has not deterred sellers and price could continue to decline. In addition, we see volume in spikes, which also tells us that big players are locking in their positions. This is also a bad signal for an uptrend.
If you look at it from the technical analysis side, there are more downside than upside prerequisites right now.
Below is the area where the price could come in.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
VET/USDT 2HOUR UPDATE Welcome to this quick Vet/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- vet/usdt analysis is ascending triangle ready and green zone fast by the dip.
Entry:- $0.11646.
$0.11840.
Traget:-
T1:- $0.12197
T2:- $0.12509
T3:- $0.12823
T4 :- $0.13470
Stoploss:- $0.11174
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
VET/USDT Next Targerts!!!BINANCE:VETUSDT
Hi guys it's me dani i'm here to share with my new prédiction of VET , this coin is bouncing upwards in August 14th VET cross up the MA 128 and today we confirm a new Bullish run , i set a buy here with 5% of my total bag and i will 25% in each TP ( we have 4 TP) and for STP i will fix it in 25% to protect my wallet in case the market goes down . i hope this trade will help to increase your wallet and don't forget to follow me and share my idea with freinds/family it's free and i will be very thankful .
Good Luck
VeChain Aug. Price PredictionI'll be giving you 3 Price predictions as we move through the month of August.
Let's say the Bill gets really drug out maybe another week, week & a half then we will most likely see a consolidation phase in full affect. Would end the month between .08 - .10.
The Bill gets cleared up we may start off with the last pullback before a nice Uptrend kicks end, which would send us to a resistance around .15 where I think we could end up.
Bill is clear & we begin to see Mass Adoption kick in we could see a Spike similar to the one in early April. If we replicate it or get near that we would be in the .30 range flying into September.
VeChain Breaking Out ?As you can see in the bar pattern, vet is heading for it's support line, there's a chance it'll test the 0.88$ resistance level, and fails to it's 0.066$ support level, breaking it will lead to a 0.046$ support level, after that we might see a huge buying demande, leading to it's breakout reaching the two resistance levels at 0.072$ and 0.092$, after that we might see a price between 0.13$- 0.15$ and maybe 0.1673$ as fibonacci levels.
VET potencial break out pointWhile pondering the current market situation and having the undertanding that BTC is the market leader in terms of movement and momentum (not limited to these features, ofc ), I'm expecting something to similar to what I've drawn in the chart. It follows till certain point the fibonacci retracment levels and in view of the BTC rise in the next couple of weeks there is maybe some room for oportunity. However I'm not confident that it will break the previous ATH , so beware of a dump when RSI levels rises.
Leave some feedback and if I did some mistake, interpreted something wrong point it out in the comments so I can rectify it.