Vetethereum
VET/BTC (3rd Retest of Support)VET/BTC
-VeChain is now trading at previous support area at 137 sat
-Will this level hold and see a relief bounce?
-If BTC and Dominance chart will not make any significant move
-VET has the chance to bounce up to the trendline resistance
-This will the 3rd time the area of support will be tested
-So there is still a chance it will not break to the downside yet
-Be cautious because the short term trend is bearish
-Use proper stop loss below key areas
VET/BTC (Approaching Weekly Major Resistance)VET/BTC
-the weekly candle is looking bullish
-if you are a Short trader
-I'm pretty sure you are waiting in this area
-if a reversal is confirmed
-entering a low leverage Short is ideal
-you will try to capture the large swing down
-it will take some time before it gets here
-so be sure to add it in your watch list
VET/BTC TA Update (good bounce play?)VET/BTC
VET must hold a price level between 47-34 sat levels in the coming days or week to keep this bullish setup in play.
VET bounces off at previous key support level and if this second time around will trigger a good buying opportunity,
the price could rally back up to 64 sats before facing strong resistance trend-line.
To invalidate this bullish analysis, if the price closes below 34 sats,
it will negate this current market structure and longer consolidation is likely to happen.
There is a trading opportunity to buy in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002380 to 0.00002075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002380)
Ending of entry zone (0.00002075)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00002650
TP2= @ 0.00002910
TP3= @ 0.00003250
TP4= @ 0.00003850
TP5= @ 0.00004600
TP6= @ 0.00005400
TP7= @ 0.00006050
TP8= @ 0.00007700
TP9= Free
VETBTC Latest Technical AnalysisWe are doing Analysis of VETBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
TP6= Free
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
TP6= Free
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. VeChain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003900 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003900)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004660
TP2= @ 0.00005390
TP3= @ 0.00006060
TP4= @ 0.00007690
TP5= Free
There is a trading opportunity to buy in VETETHTechnical analysis:
. VECHAIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003960 to 0.00003380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003960)
Ending of entry zone (0.00003380)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004660
TP2= @ 0.00005390
TP3= @ 0.00006060
TP4= @ 0.00007690
TP5= Free