VET BullishVET bullish breakout from descending triangle. We had both a MACD and EMA cross on the 4hr chart prior to the breakout. Shorter term, like 15min and 1hr charts are less bullish. The current 4hr candle needs to close above the triangle‘s top line and our next candle will confirm the breakout. Longer term charts are extremely bullish. VET/BTC looks to have bottomed and turned up as well. We should see resistance around 0.024¢/ USD, could be a chance to reload. My current price target is around 0.031¢- 0.035¢ especially after a long consolidation. There’s a huge sell wall at 0.04¢ so expect a large rejection before continued bull run.
Vethor
VETBTC is ready to take off. Great R/R trade.Here I explain reasons to enter this long trade and show two strategies with targets, stop losses and entry price.
Reasons to enter
1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries.
2. Double bottom on support retest on Daily.
3. Two bullish RSI divergences on Daily. Bears are losing steam.
4. Selling volume is decreasing.
5. Wonderful R/R for long term investment.
Strategy 1
Long after we break 0.00000042 (on a retest of support) and put stop at 0.00000034
Wonderful Risk/Reward Ratio = 10.13 or 14.38 or 27.63
Entry: around 0.00000042
Stop loss: 0.00000034
Target 1: 0.00000123
Target 2: 0.00000158
Target 3: 0.00000262
Strategy 2
Long right now at 0.00000036 and put the stop at 0.00000032 (more risky, but more rewardable).
Wonderful Risk/Reward Ratio = 21.25 or 30 or 56.75
Entry: around 0.00000036
Stop loss: 0.00000032
Target 1: 0.00000123
Target 2: 0.00000158
Target 3: 0.00000262
I would take initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2 or Target 3.
Smash the like button and follow me for free technical analysis.
Trade safe fellas!
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
VET : VeChain Trading Setup Upto 200% !!VeChain Falling Very Hardly to Test on his previeous Bottom 100 satoshi if Price Restest On this Level and Hold this Price then You Buy BetWeen 100-105
and Set For these Tragets 260 and 320.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
iF You Are Buying Then Buy own Risk Rewards Ratio.
Thank You !!
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....................!!
[VETBTC] VeChain Trade [100%+ PP]Recently had a name change from VeChain (VEN) to VeChain Thor (VET), this is one of the most famous cryptocurrencies out there. With a very strong project, it is in the top 20 cryptocurrency by market cap. Let's open up the charts, and see how we can trade VeChain.
Analysis:
- This chart looks quite different to most of the other charts we've been looking at lately. You can see a very strong drop on the first portion of the chart. This is the 14th August low that we keep seeing, this is when the altcoins market first created a low point. Market wise, we had another strong drop which hit by 12th September, this is not reflected in the VET chart above. The 12th September drop here is much smaller, this is because all of the weak hands (sellers) were removed on the strong drop before.
- We have strong bullish divergence on the 4h chart, with a reversal candlestick and above average volume. All this can lead to a break up soon.
Upcoming events
- VeChain (VET) 31 December 2018 (or earlier)
System for BYD Vehicles: VeChain has developed a system which will be implemented in over 500.000 BYD vehicles before the end of 2018.
Trade instructions VETBTC (VeChain)
Buy in: 0.00000175 - 0.00000195
Targets for VETBTC by Alan Masters:
(1) 0.00000220
(2) 0.00000240
(3) 0.00000272
(4) 0.00000292
Stop loss: Close daily candle below 0.00000171. (Updated 15-Oct.).
Capital allocation: <10%.
ACCOMPLISHMENT
You start with your mind, like a game, with your thoughts.
Then starts the action, your body gets involved.
You start to move, play around, starts the game.
Your are in it to succeed, you are going all the way.
Finally the finish line, I can see the goal, I can see the end.
This is my accomplishment, you have to live it to understand.
Namaste.
VECHAIN BEING ACCUMULATED BY WHALESRN VET is heavilly surpressed by whales, lots of fud, trying to push the price down by the weak hands
Why should we go up?
1) So many real world partnerships
2) hidden bullish div
3) whale accumulation
4) 65% of supply already locked in masternodes
5) 5-10 November 2018 | China National Import Expo
6) Many ICOs incoming
President Xi Jinping stated:
“It is not just another expo in an ordinary sense, but a major policy initiative and commitment taken of our own accord to open up the Chinese market.”
Node and rewards overview: vechaininsider.com
NORWAY x CHINA partnership: twitter.com
VETBTCNow we see the falling wedge formed. 0.5 level of Fibo is a support zone, from which we bounce for the third time. In this situation, we can touch the support zone at the blue point for the fourth time, and go to the upper border of the wedge when we break through it boarder, we go higher to 0.618 Fibo level. If we break through the 0.5 Fibo level for now it's support zone, then I expect a fall to the next 0.382 Fibo level - lower edge of the falling wedge.
VEN/USD Massive Bounce Potential If you were to take any trade. this is it.
Bullish divergence on MACD HIstogram
Bullish divergence on RSI
Price is hitting a MAJOR MAJOR Support.
This coin is new to bitfinex so not much volume, but on every other exchange if you cross reference it we are sitting at the major support line. I have already casted my ladder all the way to 1.89
Stop loss at around 1.84
There is so much blood on the streets
just look at the price action
Vechain Testing Lower ResistanceVechain has been dancing between three different levels of resistance (Red, Yellow and Green) while consolidating .
Passing either threshold may cause movement in the direction of the corresponding arrow. Passing red is not favorable, yellow would be promising movement with a larger breakout occurring at green.