Vetusd
VeChain (VET) - January 19Hello?
Dear traders, nice to meet you.
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New High was updated by breaking above 0.027990 point on this chart.
We must see if it can rise above the 0.031621 point.
The volatility around January 26th should be observed to see if there is any movement outside the 0.028388-0.034854 range.
If it falls at 0.026771, it is a short-term stop loss.
We do not recommend new investments as they are located at too high a price range.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
VET/USD - 70% gains possible on leg 3 towards ATH!VET is in the middle of leg 3 ascending towards $0.05 which would put us at the top of this massive wedge. After that I expect us to correct back to around $0.03 and move once more up on leg five.
Currently we are at the resistance level of $0.03 which is likely to be broken as we move up. Watch the price action here closely and if we push higher that is a good place to long if you are not already in a position.
Indicators + volume also show bullish momentum, so my bias is bullish at this moment.
Like and follow if you liked this idea!
VET:USD to $0.052c or $3.87, Standard vs. Log Targets. Can't help but feel excited for VET 's price action in the near future. Maybe I've been hitting the Hopium too hard! And while there's a huge difference in the standard vs. long targets, there is consensus. That is, it's going higher. The wave 5 target for the standard chart doesn't even get this back to the VEN All Time High. Meanwhile the log puts it at somewhere between $2 and $4 depending how deep wave 4 retraces! Exciting times ahead.
Key points
Retested 'Cup & Handle' breakout
Testing VET All Time High (ATH)
250% away from VEN ATH (100:1 swap equivalent price)
Wave 3 target is $0.71
Wave 4 targets are between:
- $0.249 (0.236 retracement of wave 3)
- $0.132 (0.382 retracement of wave 3)
Wave 5 targets are:
- $2.02 (1:1 length of wave 1 projected from wave 4 (0.382 fib) this is in confluence with the algo target -0.236 of wave 3)
- $3.87 (1:1 length of wave 1 projected from wave 4 (0.236 fib))
For a deeper analysis and Standard targets for VET see the linked chart below.
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Many bullish signs in major alts and sleepers..Zilliqa having a serious clear broadening wedge.. which could go even up double or more..
Vechan similar with a broadening pattern as well.. which I cannot really believe as they are both between 0.8 and 1.5 billion usd cap coins..
I'll post lower market cap coins more later
VETUSDT finally saying goodbye to 2-cents? Breaking that key 0.0265 level is pretty significant IMO. While we still need to wait for a HTF close (e.g. daily close) to confirm, something tells me the bulls have momentum on their side and we may see further breaks of resistances in the near term.
Current resistance is a trend line resistance drawn from the 06-JAN-2021 HIGH.
VETUSDT - Potential sell entry 🔽VETUSDT brokedown below the ascending trendline support.
Price retested the flip trendline resistance + 0.618 fibonacci retracement level.
The pullback is supported by an ascending trendline.
Sell entry ⬇️ - breakdown below the pullback trendline support.
Targets 🎯 - previous swing low, fibonacci extension levels.
Setup invalidation ❌ - breakout above the previous swing high.
TOP 11-20 Altcoin Buying Areas! 3.0Hi,
TOP5 became TOP20...let's continue...
11) XTZ/USD (7 votes)
12) ZEC/USD (7 votes)
13) VET/USD (6votes)
14) UNI/USD (6 votes)
15) XMR/USD (6 votes)
16) OMG/USD (6 votes)
17) NEO/USD (5 votes)
18) THETA/USD (5 votes)
19) DASH/USD (4 votes)
20) YFI/USD (4 votes, the last and the hardest)
If you found something helpful, do not forget to hit the like button!
Regards,
Vaido
Here you can find TOP 10:
Another resistance has been broken out:Hi friends, hope you are well and welcome to the new update on Vechain.
Another resistance has been broken out:
In the previous article, we have seen that the price action of Vechain was expected to breakout the resistance of $0.021. Now finally, the price action has broken out this resistance and now trying to break out the next resistance at $0.026. The simple moving averages with the time period of 25, 50, 100 and, 200 also formed an opened alligator mouth below the price action that is also another strong bullish signal.
The breaking out the wedge produced bullish divergence:
As in my previous post we have seen, that the priceline of VET broke out the resistance of falling wedge pattern. This breakout invited many traders to jump into the Vechain and they started buying and took the priceline to the final resistance at $0.026. This is a key level resistance, if it will be broken out then the price action can even touch the $0.10. However, the next powerful bullish rally depends on breaking out of the $0.026 resistance level.
After break out:
A strong rally after breakout:
The EMAs on the long-term chart:
On the long-term weekly chart, the price action is using the exponential moving averages with the time period of 10 and 21 as support very well before starting the next rally to the upside and these EMAs are also moving slightly to the upside with the priceline to provide firm support.
Ichimoku cloud is still strong bullish:
On the long-term weekly chart the price action of Vechain has already crossed up the bearish cloud and now it has good support of conversion line and baseline and bullish cloud as well.
Conclusion:
The priceline of Vechain is in the control of bulls at the moment, but once the key level resistance of $0.026 will be broken out then it can be a big invitation to many traders. And then we can expect a rally even to the $0.10 as well.
Vechain, where are we headed? Short Term?We can see here that we are repeating where we have already been, here on the left. We can see here that we should at least continue to consolidate until we make another breakout up until this yellow horizontal line where our arrow is pointed (0.005) .
* ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion:
". Buy on Neckline Breakup."
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308% pips profit...
Total Profit: 308%
Closed trade(s): 162% Profit
Open trade(s): 146% Profit
Update Details:
Closed Profit:
TP1 @ 0.012550 touched at 11.17.2020 with 25% Profit.
TP2 @ 0.015250 touched at 11.23.2020 with 52% Profit.
TP3 @ 0.018600 touched at 11.25.2020 with 85% Profit
25% + 52% + 85% = 162%
Open Profit:
Profit for one trade is 0.017340(current price) - 0.009988(open price) = 73%
2 trade(s) still open, therefore total profit for open trade(s) is 73% x 2 = 146%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.023000
TP5= @ 0.027900
💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion:
". Buy on Neckline Breakup."
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308% pips profit...
Total Profit: 308%
Closed trade(s): 162% Profit
Open trade(s): 146% Profit
Update Details:
Closed Profit:
TP1 @ 0.012550 touched at 11.17.2020 with 25% Profit.
TP2 @ 0.015250 touched at 11.23.2020 with 52% Profit.
TP3 @ 0.018600 touched at 11.25.2020 with 85% Profit
25% + 52% + 85% = 162%
Open Profit:
Profit for one trade is 0.017340(current price) - 0.009988(open price) = 73%
2 trade(s) still open, therefore total profit for open trade(s) is 73% x 2 = 146%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.023000
TP5= @ 0.027900
#Vet daily chart look so strong vet look like breakout zone and as soon as hold upper 0.02216 i can see the big move to 0.0350
look powerful
VETUSDT can breakout the next resistanceHi friends, hope you are well and welcome to the new update on Vechain.
More than 74% rally:
In my previous article, I said that the VET has completed the bullish setup for the breakout and I was expecting up to 60% rally. Finally, the pricelline of VET broke out the resistance of wedge and rallied more than 74%.
Different support and resistance levels:
After the breakout the price action of Vechain also broke out the $0.013, $0.015, and $0.018 and at the moment it is trying to breakout the next resistance at $0.021. In the meanwhile, the priceline of VET has also broken out the simple moving averages with the time period of 25, 50, 100 and 200 as well.
Exponential moving averages:
On the long-term weekly chart the price action has also broken out the exponential moving averages with the time period of 10 and 21 and using them as support very well before starting the next rally to the upside.
Ichimoku cloud:
On the long-term weekly chart the price action of Vechain has already crossed up the bearish cloud and now it has good support of conversion line and baseline and bullish cloud as well.
Priceline has broken out the resistance of new wedge:
On a small time period 4-hour chart, the price action of Vechain formed a falling wedge and now broken out the resistance therefore, it can make another attempt to break out the next price level resistance at $0.021.
Conclusion:
After breakout from the new wedge, the price action can even breakout the $0.021 and can make a new high at $0.03.