Vetusd
VETUSD (VeChain) Show Signs of a Strong Bullish MoveVETUSD (VeChain). Four (4) Higher Lows formed on the VETUSD Chart. VETUSD is still showing bullish signs on the H1 Chart and H4 Chart shown below.
VETUSD shows bullish signs on the Daily Chart. EMA 10 is above EMA 20.
VeChain VETUSDT - Ascending triangle +1000% gains- VeChain VET - Rank #23 - Coin.
- The chart is printing an ascending triangle - bullish continuation pattern.
- As per my Elliott Wave count, we are in the 5th impulse wave to the upside!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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VETUSD : Multiple pattern in 1h !In 1h chart
There is a diamond top and a potential double bottom in the chart .
If price break out the diamond and stand firm above the neckline ,trading strategy as below .
*top wick shorter than 1/2 body
SL:0.1262
TP1:0.1478
TP2:0.1606
TP3:0.1658
TP4:0.1714
TP5:0.1770
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VET is ready to fly after retestYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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VET VeChain going above 1💲 ??I came to this analysis by combining normal and Logarithmic chart.
Let's look at the chart see what we got:
VeChain successfully broke and important yellow Trend Line that gave us a green light. Successful upward breakout + re-test = moon
We're at the re-test area so I saw this as good accumulation area but there maybe another lower retest so I added another step of buy area but it is less possible..
When the bullish move is started our main resistance is around $0.251. So I can suggest you to take profit in that area and if the price successfully breaks that area it will give us another buy opportunity to the moon..
Good luck folks, and don't forget to push the like button and feel free to share your opinion in the comments ;)
VET - $0.28VET is currently trading above the support at $0.1261. If it can stay above this support, we could start seeing a move towards $0.1401 and $0.1518. If the resistance at $0.1518 breaks, we could start seeing a move towards $0.1672, $0.1891, $0.2109, $0.2421 and $0.2818. Failure to hold the support at $0.1261 could lead to a drop towards $0.1116, $0.1048 and $0.0956.
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.
VETUSD - DOUBLE BOTTOM ??VETUSD soon to form a double bottom, wait form breakout comfirmation to entry long on this gems.
Vechain incorrectly calculated targetUpdate on symmetrical triangle: Two days ago we saw the entire crypto market fall. Vechain came back into the symmetrical triangle, tested 200MA but luckily successfully bounced off 200MA and broke the triangle again. So far, everything seems fine and this pattern still looks valid. To be completely sure in this trade I want the price to exceed the previous high - this is around 0.15$.
*A few days ago I already posted an update for the Vechain symmetrical triangle. There I also posted a potential target (0.35$) when Vechain breaks through a symmetrical triangle. I was wrong in this calculation. The price target is actually at around 0.90$. On the basis of this pattern, this is quite possible, especially if we take into account that this pattern has been formed throughout the year. With a little luck we can reach even 1.00$. Many times the trend continues even after the target is reached.
So this is huge, especially if we know that every Vechain hodler wants Vechain to reach 1.00$. Please like and share this idea that every Vechain hodler see it.
Vechain Week Charts and flags ?? Vechain on the week...
That looks quite nice and as you can see I have mapped out the similarities with the previous similar situation.
Initially it is important for the bulls to get through the USD 0.152 and gain ground. Then the tone could be set to continue.
If the Bears have an advantage and they manage to keep the bulls away from that $0.152, then we should look at where support can be found again.
For the support and resistance lines on this Time Frame, I use the Fibanocci series as a major guideline.
i see my first arrow is red.. should have been green too .. my bad.
Keep calm, trade safe en manage your risk.
(Disclaimer: no financial advice)
VET Price Could Tank To $0.0825 Of The Dip Continues
VET price dropped as much as 22% in crypto market correction witnessed on October 28.
VeChain is likely to drop another 34% to $0.0825 before restarting the uptrend.
The VET price dropped 11% from $0.14033 to $0.12364 in a crypto market dip witnessed on Wednesday October 27. VeChain lost as much as 22.8% from a high of $0.15177 on October 26 to yesterday’s intra-day low around $0.11711. VeChain’s technical pattern hints at further losses.
VET Could Risks Losing 34% of its value
The VeChain price has been on an uptrend rising a massive 82% from $0.08255 on September 30 to hit a high of $0.15086 on October 25. During this rally, the VET price has spelt out an ascending parallel channel chart pattern on the daily chart. This chart pattern is formed when an asset makes a series of higher highs and higher lows over an extended period of time.
At the time of writing VeChain price trades within the confines of the rising channel at $0.12586. It sits on strong support around $0.11855 where the 200-day Simple Moving Average (SMA) coincide with the lower boundary of the prevailing chart pattern.
Note that a slip below this crucial level could see the asset slide below the rising channel to tag the 50- and 100-day SMAs at $0.11947 and $0.11855 respectively.
Increased selling pressure could see the VeChain price tank below the 0.10 psychological level towards the demand zone ranging from $0.08255 and $0.09540. This would represent up to 34% drop from the current price.
The sharp movement of the Relative Strength Index (RSI) Indicator away from the overbought zone validates VeChain’s bearish outlook.
On the upside, if VET price bulls push a decisive daily close at or above $0.130 psychological level, it will signal the buyers are back in town. A confirmation of a bullish breakout can be obtained if VeChain produces a daily close above $0.140 above the middle boundary of the ascending parallel channel.
If that happens, investors can expect this bullish momentum and other positive fundamentals to push the VET price towards the channel’s top point at $0.16204.
Vechain symmetrical triangle update- Vechain successfully broke through 200MA,
- successfully broke through the symmetrical triangle,
- successfully tested the support line and continued to rise.
This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I think now is a good time to buy VET.
VET:USD broke out!!VET broke out of the triangle pattern and retested the resistance line as support.
We are currently hitting a strong resistance zone,
once we get past it we can expect A VERY strong move.
The price expectation for this pattern is 0.35 DOLLAR.
VET | TO $0.23 SOON!I am very bullish on VET!
We should see VET to 0.23$soon !
The RSI shows that VET is almost 'overbought', I think we should have a pullback to 0.12$ so the strength can go down and we have a retest.
Afterwards we will go to new heights! Fibonacci shows that we will be heading to $0.16, 0,19 or 0.23$.
VET for a break or rejected ? VET is in a range since May and is currently on the top of this range.
In Daily the MACD is green and in Weekly, MACD is starting to go green too, which mean we have more chances to break this resistance now than we had before.
However, prices could be rejected here and the idea would be to wait for a price confirmation with a Daily close above 15ct, then a pullback to the previous resistance area could be use as an entry.
On the other hand, if we get rejected here, i would wait for a return under 13ct and MACD H4 turning green to go for a long.
For now we can only wait and see how it will play out.