Vetusd
VETBTC strong Bull Flag and Strong 50MA Support#VETBTC Update:
After Booked #VET 30% Profit again Entry From Support 1.
Entry: 70-71 SAt
SL; 65 Satoshi
I told you 66 Sat good support so bounced back from here.
Bellow 66 I will Exit.
Again our Resistance=Targets
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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.
VET back to .01Looks like a penny is back in our future.
Probably an easy 30% gain from .007 to .0110
If you remember I said to keep your eye on this AUGUST of last year..Now we are exactly where I expected to be 6 months later...
Imagine that...
Review Related Idea for the comment I had back then.
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
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VET/BTC now 18% up from our Entry#VETBTC Update:
#VET now at 50MA Resistance.
Current price is 72 Satoshi.
if 50MA break upward then Next Target is given in Chart.
18% Profit so far.
82/102/124 Sat
Placed SL at Entry.
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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.
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VeChain- Alt coins Sherem ownsI got in this one at a killer price down at .0002 and I am hodling. If you are looking to buy in, it appears we could possibly be approaching a buy area again.
We can see that the MACD is beginning to soften and RSI is almost in oversold territory. Between this and the support zone just below, i imagine we will head down a little more before we have another major move up.
Happy hodling,
-Sherem
VeChain ready to retest the 100 satoshis? VeChain, one of the coins that has the biggest community behind it. And also had a big move in November to break out of the downtrend.
At this point it’s retracing from this push and looking at the golden pocket Fibonacci area for support. Currently it’s getting the support there given the long wicks and instant bounces from this area, indicating that buyers are stepping in.
Aside from that, if VeChain is breaking the 70 area (current resistance) continuation towards 81-84 and likely 103 are the targets to go for.
If we lose 61-64 however, I’d be aiming at 49-51 as next long entry. But given the strength from altcoins during recent days, I’d be aiming for the upwards push.
VET/BTC TA Update (Bearish H&S Pattern?)VET/BTC
I can see a bearish pattern here if VET is unable to break this downward resistance and previous High at 86 sats. If VET closes below the important support level at 70 sats it will trigger bearish pressure to retest the 200 Day MA just below the golden Fib 0.618 level before rising back again.
Vechain will be bullish again but before we will dropVechain really gave a good profit this year for investor, reaching almost 0,008 usdt per token, and surely we will reach this price again, but not today, before that we will drop again around 0,0047 usdt and so the pattern has forming Vechian will be complete, a falling triangle. After that i expect Vechain will touch again 0,008 usdt and maybe reaching new ATH, if BTC permit... Well let's see
VETUSDT formed bullish BAT | A good long opportunityPriceline of VeChain / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.005852 to 0.005795
Sell between: 0.005987 to 0.006190
Regards,
Atif Akbar (moon333)