VET/BTC (Vechain) the buyers still on show VET / BTC
🌟 Techincal Analysis 🌟
I still very bullish long term on this satoshi coin along with some few others
The buyers show strength since 2 weeks after breaking 5 months gaint falling wedge and we can see bullflag also on daily frame
On weekly frame chart is more impressive
I Remind you that we already bought VET(Vechain) early around 7x sat see here my previous idea :
🚨 Invalidation :
As you know this market is wild and we can change our view based on price action Change
If VET closed by weekly candel below 85 sat (0.786 fib level )then the bears can start to enter strong again
🌟 This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹
Vetlong
Long term Vet predictionHello,
As you can see VET broke out of a downtrend.
It will take some time to go up again to levels where he was before.
First of all I want to show the uptrend that is going on.
Trendline straight up.
ALso the EMA is showing some positive sings.
A: most likely it will go this path (no financial advice).
B: if A doesn't work out immediately and it receives some resistance it will bounce a little in this area and then break out.
C: total rejection and it will go to lower resistance lines again
D: bullrun scenario when BTC goes down and Altcoins will boom.
All indicators show VET will rise long term.
But besides that there are many other reasons.
VET has a lot of big plans going on in 2021 and 2020 was also a beautiful year for them.
My personal outcome for VET in bullrun after BTC dominance goes down:
it will get to 0.4$, possible to max 1$.
Why not +1$?
calculate yourself, supply x price = market cap from +1T, is impossible.
Feel free to comment, add or question.
These are also my first releases on tradingview and I'm still learning a lot.
Thanks for reading
and please leave a comment/your view about VET!
VeChain VETUSD - Key Levels to watch for Buy opportunityKey zones to buy VETUSD or VeChain.
0.0085-0.0095 has been historic resistance on many occasions. Expect this level to be respected as a support going forward for the next leg up.
Also, break of the descending channel will confirm the setup and will resume the bull run that started around Apr 2020.
Vet/btc Vechain consolidation in the demand zoneI posted a few days later my idea when vechain is
119-120 sat
I expected it to drop in the demand zone shown in chart between 95-108sat
That what happened as i expected
See here my previous idea
Now it shows consolidation in that area
Which is a good potential for next move
But we will entry after break and close above the trendline resistance for more confirmation
Vechain (VET) is looking bullishSWING TRADING STRATEGY
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I looked at VET / BTC pair and think it will go bullish again after retrace for almost 2 months, there are signs that makes the pair will be bullish :
1. The pair is creating pennant pattern right know
2. It was bounce on FIBO 0.5 in bigger wave and 0.768 on smaller wave
3. There is yearly strong support below the price in green curve line
4. EMA 55 is supporting the price
5. Volume profile showed spike around this price
The target is mapped using violet lines, we can see 70% easy potential profit in the future
Entry : 137 - 159
Target 1 : 206
Target 2 : 238
Target 3 : 279
SL : Below 132
Look for Another Swing Trading Strategy Below :
VET.USDT (Y20.P3.E2).Its about timing.v2Hi All,
VET is about to break a key level which will give it a clear path for more upward gains.
The chart shows the squeeze for a likeley upward trend that's taken some time to build, very much like BTC.
I would think in a similar fashion, it will do some good moves up.
Please give me a like or tick for this post
Regards,
S.Sari
Close up 1 hourly chart
Macro overview, key observations:
On the daily, upward pressure building shown on the Phoeix indicator