VET/USDTTrading suggestion:
If it breaks the 0.222 resistance we can buy it to achieve those targets that I determined
Buy few in one Step now next if break the resistance buy step two at 0.222 to complete your buying ✌
DO your stop loss 2 if you want to hold ! in long term but if you want to invest short term put your stop loss1
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Vetchain
VeChain VET clean technical analysis looking at VET here on the 1 hr we can see that price had an impulsive push to the upside finding resistance at a fib level,
since then price has made a rejection from the high and is moving correctively in the form of a descending channel back to the most recent fib support area that it previously broke through, anticipating for price action to complete the correction and possibly confirm support at the double bottom or move slightly further back to the fib level where they grey box is located. if price rejected this support and confirms a move to the upside this can be a good high probability move to the upside for long positions in the green zone.
VET At Perfect Place To Take ProfitVET made its way to my take profit #2 level, which perfectly lines up with that 3 standard deviation line (red line). This is a perfect place to take some profits. It's also at $.10 which is a key psychological level.
Downtrend ChannelNotice if we the first arrow showing a dip against a resistance line, where BTC did move up and not went down. Though it broke out of that resistance, with BTC moving down VET also will move down, I suspect end at the same spot as last time, however depending on BTC still moving down or bounce up. But one thing is VET is very far above it normal growth lines and might be in need of a big retraction or it established a new growth line in blue, but I doubt it as it will go through the line with BTC moving down. As how much the resistance was able to push down VET the next one should be even stronger and push down VET even more, before it can truly shoot up or it need a big news announcement to break though it.
VET pointing 0.15 with +50% spike next.This are my expectations from VET in the near future. It could spike higher of course, we will see how much FOMO the next pump brings.
I also have the red scenario with rejection from 0.09 area.
We are depending on BTC next steps. He will lead the way.
I maintain my opinion, from 0,1 it will spike higher towards 0,15.
THIS IS NOT A FINANCIAL ADVISE!
Take care of your hard made money GUYS!
CHEERS!
VET.USDT (Y21.P2.E2). Bump and run or Wedge setupHi Traders,
Vet has been good to me for so long....so don't assume its over. We have 2 case scenario from a bullish perspective.
Either breakout from this wedge or pullback into the pocket of support and bump and run move.
I was fortunate to enter earlier as part of the trend on the 15min chart (If you want to learn strategies, book me in for training)
All the best,
S.SAri
Bigger picture
This will be parabolic
What is VeChain Coin (VET)? FUND & Technical analysisThere are lots of projects in the crypto and blockchain ocean, but VeChain is definitely one of the more interesting ones. There are quite a few compelling reasons why this particular project should draw your interest.
VeChain was first established in 2015, making it one of the oldest companies in the blockchain industry. This Singapore-based decentralized smart contract platform is focused on enhancing the management process of supply chains. To do this, the team designs business applications which can be implemented into inventory quandaries.
The project recently gained a lot of attention from big investors, with various offers of promising partnerships. However, even before VeChain’s newest collaborations, their blockchain app was already being used by several companies in industries such as agriculture, winemaking, and luxury goods.
In addition, VeChain will also have a rebranding soon, one that will result in having its name changed from VeChain to VeChain Thor VET. This upgrade will make the VeChain blockchain have functionalities similar to those of the Ethereum platform.
5 Reasons To Buy VeChain
1. VeChain tracks enormous amounts of data from different fields to streamline the business. They collect data such as temperature, humidity, and acceleration by the use of IoT sensors. Anyone can scan a product’s QR code and get the desired product’s details from manufacturing to packaging, by using their platform.
2. TÜV Saarland has certified Vechain as a 5-Star Blockchain Service Provider. VET allows brands to digitize products on the blockchain by using unique blockchain identity smart tags.
3. VeChain’s digital vehicle solution stores critical data of automobiles on its blockchain. It secures the manufacturing details, service details, insurance information, and banking details. The world’s top vehicle makers are adopting this technology.
4. The VET Superior Platform enables a flourishing NFT ecosystem. Anyone can migrate and build their own Project on VeChainThor. VeChain is one of the pioneers of connecting NFTs with the real world. VeChain combines both the DeFi (decentralized finance) and CeFi (centralized finance) sectors. This strategy creates a balanced platform and high-speed value transfers.
5. VeChain uses various types of radio frequency tags and sensors to collect important data during shipment. This creates a powerful and sustainable ecosystem for the business.
VeChain Foundation
The VeChain Foundation is responsible for building the network along with handling the technological research and development. The Foundation encourages and backs up partnerships with enterprises and businesses that want to use blockchain technology as a service.
VeChain is currently involved in partnerships with the following enterprises and companies:
Microsoft -- Babyghost -- Fanghuwang
PwC (Singapore and China) -- BitOcean -- Healthcare Co Ltd
Renault -- China Unicorn -- Jiangsu Printed Electronics Co Ltd
Directed Imported Goods -- Hyperledger -- China National Tobacco Corporation
DNV GL -- Kuehne & Nagel -- China State Tobacco Monopoly Administration
eGrid Consulting Co. -- MadeForGoods -
Conclusion
VeChain is one of the most successful projects in generating partnerships. VET is solving supply chain and medical field issues. In 2021, we can expect excellent growth and new partnerships from VeChain
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❇️Quick Technical Analysis
With the above powerful fundamental news and according to the weekly chart , it has created a new all-time high in 2021 of $0.038. It is getting support around the $0.029 level, which is a 61.8% level on Fibonacci. If this currency can maintain this level, it may lead the bullish rally and reach the targets in the party.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
VETUSDT(Falling wedge breakout)VETUSDT (4H CHART) Technical Analysis Update
Falling Wedge Breakout
VET/USDT currently trading at $0.0280
Buy-level: Above $0.269 - $0.0282 (Wait for the small retracement)
Stop loss: Below $0.0241
Resistance l;evel 1 (Target 1): $0.0352
Resistance level 1 (Target 2): $0.0400
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
VET / BTC finally broke falling wedgeVet / btc
🌟 Techincal Analysis🌟
Was in Long downtrend since 5 months
Now with alot of alts becoming extremely bullish
Vet finally broke that wedge
Also on RSI we see Bullish divergence
As long as vet hold horizontal local support area we can expect it to do great pumps
Note : this is low satoshi coin so the risk is high
Please follow risk management and use stoploss
If you want to buy
Vet/usdt break soon ?Analysis on vet against tether
Good and simple chart
Buy the break/ retest
Sell area is also shown in fib resistances
*** strong support around 0.010500 - 0.011225
Daily close below that level
then this idea is invalidated
Want to see my analysis on vet against btc
I posted it last week
Look here at the chart
VET/BTC (Retesting Previous Resistance Area)BINANCE: VETBTC
-VeChain is back at the previous key resistance area before the strong pump last July
-It is traveling inside a Bullish descending channel from the Top price
-Also, retesting the recent support last 1st week of September
-This can be a potential Double bottom reversal if we can confirm an upside breakout
-Until this channel remains valid, I recommend to patiently wait and observe the market
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