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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.
Long
by PolarHusk
VET / USDT Symmetrical triangle. Formed Dragon. + 60-300%VET / USDT A symmetrical triangle has formed under the downtrend secondary trend (as a pair against the dollar is a relatively short time). Which can act as a pennant with much larger target areas than the triangle. A breakthrough of the canvas of the triangle will mean a breakthrough of the downtrend line , and this is the potential for a trend reversal. Also, such a formation as Dragon can potentially work out, provided that the price breaks the downtrend line (red line) and fixes above it. If the price cannot overcome the downtrend line, then the downtrend will start with the target zone - local lows. The points (zones) for observation on which this or that movement depends I showed on the graph. I think the algorithm of work here is clear. ENTRANCE 1) Entrance on a breakthrough or pullback after breaking a trend resistance line (red resistance line). 2) Entry from the previous price lows when confirming support, if in this situation the price can not overcome the downtrend line. TARGET 1) If the price overcomes the trend resistance line and fixes above it, then such a figure as the Dragon will be confirmed. The entire length of the "Dragon's tail" is the target zone of this figure. The potential is from +60 (hump level) to + 300% (head level). 2) If the price does not overcome the downtrend line, then after the downtrend, the entrance is from support and potential at the beginning to the downtrend line, and then how the price will react to it. Stop loss Under key support levels during your entry into the market. The old trading idea of ​​this coin is only for bitcoin. Which gave more than + 200% VET downward wedge. First target + 60% Educational idea on the figure of the Dragon. TRAINING Figure Dragon. Formation. Structure. Target. Inverted Dragon figure teaching idea. TRAINING Combination of both inverted dragon and dragon figures at the same time.
by SpartaBTC
3
A look at VET and when to buy/sell using these indicatorsOn a weekly chart VET shows us when to buy and when to sell. You can see the little green flags indicate where you would open a trade on VET. This is when VET closes above/below the EMA 10 and closes twice above/below that level. When the MA 21 crosses the EMA 10 it confirms the cycle we are in, be it either bull or bear. The red down arrow among the flags shows a false breakout which is in line with the false breakout in my analysis on BTC and when to buy/sell. If you noticed the MA 21 didn't move under the EMA 10 at the false breakout area. The horizontal red lines are major resistance levels. VET will need to cross these levels to go higher. It has crossed the first red line already. The purple downtrend line will also act as resistance on the way up. This line is from the 1 day chart so may look a little strange where it sits on the weekly. The green uptrend line also from the 1 day chart indicates VET is in an upward movement. There are 2 Fibonacci retracement indicators shown, a smaller one and a larger one. The smaller one shows the .618 fib level @ 0.006715 where I expect some sort of resistance and maybe a bounce down from. The larger .618 fib level @ 0.007879 will also act as major resistance. In regards to the RSI, the green uptrend line shows VET is bullish. Where VET traded under this green line shows the bottom of the market for VET. Huge volume once VET bottomed around December time, largest since VET opened market. Target is the yellow rectangular box @ 0.00765 to 0.00810 region. If it breaks this yellow box, expect VET to go up past 1 cent. Happy trading legends! HTBB Look me up on Twiiter and FaceBook.
Long
by Pro_Trader_HTBB
VET/BTC Technical Analysis ChartVET/BTC now Current Price is 60 Satishi. Now Looking Not bullish nor Bearish. Mean Now Neutral Condition. What Say TA..? Technical Analysis Say That if We hold Above 58 Satoshi Then We are Bullish for Short Term. So keep an eye on This Support Level. Support level already break down so we are bearish. But Price hold at 100MA (2 Days Time Frame Chart) And 200MA (1 Days Time Frame Chart). so I am bullish for Short Term. if We talking About 2 Days Time Frame Chart I am Buying here at 60 Sat. and 50MA Resistance 76 Satoshi I place bid for Sell. But 1st Resistance is 82 Satoshi. And 2nd Resistance is 102 Satoshi. Support 1: 58 Satoshi Support 2: 49 Satoshi. Resistance 1: 82 Satoshi Resistance 2: 102 Satoshi. What is Overview in Simple Language. ? If price will drop bellow 58 Satoshi then we will exit from this trade and again Placed buy order between 49-51 Satoshi. I hope you understand very well. so please Like and follow me for best Crypto related updates and Charts. Thank you for your love.
Long
by CryptoPatel