Bottom range: 0.01840-0.02299Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(VETUSDT chart)
In conclusion, VET is currently a buy time for the mid- to long-term.
Since the 0.01840 point or less is a long-term investment area, it is recommended to proceed when it shows sideways in the 0.01840-0.02299 section in order to proceed with the purchase from a mid- to long-term perspective.
Otherwise, if you buy below 0.01840, you will have a really tough time because you never know when the price will actually rise.
For more details, check out each chart below.
(1M chart)
From a long-term perspective, it is expected that a full-fledged uptrend will begin only when it shows support around 0.02695.
(1W chart)
Since the Bollinger bands have started to contract, the question is whether it can be supported near the HA-Low indicator on the 1W chart and rise above the HA-High indicator on the 1W chart.
So, we need to see if it can get support around 0.01858 and rise around 0.02355.
(1D chart)
The key is whether it can get support around 0.01797-0.01858 and rise above 0.01958-0.02062.
Therefore, it is important to be able to sideways within the 0.01797-0.02062 interval.
In that sense, the volatility period is around August 3-17.
-----------------------------------------------
Of the many indicators or lines displayed on the chart, the most important are the horizontal lines that mark points of support and resistance.
Trading is to create a trading strategy and respond to it according to how it moves on these horizontal lines.
Therefore, in order to mark the points of support and resistance, you need to look at the 1M, 1W, and 1D charts in order and mark the points of support and resistance.
This is because support and resistance points are the strongest lines drawn on the 1M chart.
Therefore, other indicators or lines are not directly related to the trading strategy as they are supported or resisted at support and resistance points and are viewed from a trend perspective.
The reason why several lines are drawn on the chart in advance is that the positions of support and resistance points may change each time you see them depending on price volatility or your own psychological state.
Since this can cause fatal problems in creating a trading strategy, support and resistance points must be marked based on objective data.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Vetusd
VET ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the VET symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VET VeChain Falling Wedge Pattern Vechain (VET) currently finds itself at the end of a falling wedge pattern, which could potentially indicate a bullish reversal in the near future. This technical pattern suggests that selling pressure has been gradually decreasing, while buyers may start to regain control.
Considering this chart pattern, there is a possibility of a technical rebound for Vechain, with a potential target price of $0.022.
Looking forward to read your opinion about it!
VET/USD - My Longterm PlanVeChain update with my opinions and what i plan to do if my opinions are correct:
Here is a closer look at the 1 day VET/USD chart:
While VET did have a nice move up from $0.0152 to $0.032, that impetus is gone and VET is now making Lower Highs and Lower Lows.
Notes:
VET is still in its Descending Channel Pattern.
VET is back in the Bearish Zone of the Ichimoku Cloud.
VET is under both its 50MA and 200MA levels.
The 50MA has crossed back under the 200MA on this 1 day timeframe.
If we look at the volume for VET/USD, it’s been very low since around July 2021 and has not really recovered.
On this chart, i have added various Support and Resistance Lines as well as Areas of Interest as highlighted with the Black Dotted Lines with Yellow Shading.
If we look at the Chaikin Money Flow (CMF Indicator), we can see that the MF Line is still very near its 0.00 Base Line, a cross below the 0.00 Base Line will take VET into Distribution on this 1 day Timeframe. Note the the MF Line is still below its Least Squares Moving Average (LSMA) Line.
My longterm Hodl plan for VET/USD:
I still believe we will see $0.0096 to $0.0084 especially when the USA finally admits publicly that it is in a Recession, which when it does, will mean it’ll actually be in a Depression. So if this recession plan follows through then i will be looking to buy in around $0.0096 to $0.0084 and longterm hold until it reaches back to the ATH of around $0.28 and then re-asses the situation. A successful Daily Candle close below $0.0152 will be my first confirmation that we may see below $0.01.
With the potential oncoming of this world depression, if the only way out for the US is to start WW3 to counter BRICS, the loss of the Petro Dollar, the loss of sanction power and the growing +$32T of debt then i believe we could see $0.0057 to $0.0043.
When the oncoming recession/depression pivots and the new Bull-Run starts, after a while, keep an eye out for when the Mainstream Media starts broadcasting to the public about huge Crypto Gains! When this happens you’ll suddenly have random family and friends who now want to jump into crypto because it has gone up 1000s of %! This will be the time to consider taking profit on any long term hold as all the newbies jumping on the band wagon will be providing EXIT LIQUIDITY to those who got in at a really low price. Once this happens, then the market makers will change direction and become Bearish as Bulls and Bears are the same people I.E they are the Market Makers. I have seen this happen twice now with the Crypto market, once in 2017 and another in 2021.
As always, we must keep an eye on what BTC/USD is doing.
Anyway, this is all just my opinion and i have other strategies in place for if we don’t see sub $0.01 again.
I hope this post is helpful.
VET LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the VET symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VETBTC: Bullish Divergence Just Below a Bullish Deep Gartley PCZVETBTC has been trading in this Bullish Deep Gartley PCZ area for many weeks now and is currently Bullishly Diverging just below the 1.618-0.886 PCZ Confluence Zone and if this divergence can bring VET back within the zone then I would be looking for it to trade up to four or five thousand sats.
Whether it can rise above 0.02914 is keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
(VETUSDT chart)
From a long-term perspective, a full-fledged uptrend is expected to begin when the price moves above 0.04757.
To do so, the key is whether it can be supported in the 0.02236-0.02519 section and rise above 0.02914.
If not, you should check for support around 0.01875.
Therefore, the possibility of a trend forming away from the current zone, the 0.02236-0.02519 zone, is increasing.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
VeChain (VET) formed big bullish Gartley for upto 39% pumpHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin with US Dollar pair.
Previously I shared a long-term trade setup for VET, which is still in play as below:
Now on a daily time frame, VET has formed a bullish Gartley move for another price reversal. (due to extreme sell-off, priceline broke down the potential reversal zone and it was likely to behave like a bullish Butterfly move, but recovered soon, and still it can behave like a bullish Gartley )
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VETCHAIN: $VET UPSIDE DISTRIBUTION? 🔔$VET has been trading in this range since weeks, there was some upside momentum because of partnership announcements but not enough for a breakout of this box.
I personally prefer these accumulation phases because it helps me get in with an accurate calculated risk, my SL is few % below the box and TP is partially set at every 20% rise.
This is my risk management method and everyone has his own way.
I will keep updating this in here, make sure you follow me to get price movement alerts!
VET/USDVET/USD very quick update.
Here is a closer look at this VET/USD 1 day chart:
VeChain is in a new smaller Descending Channel which is in a massive Descending Channel. VeChain is also in a massive Symmetrical Triangle.
At the moment of typing this, VeChain is still in the Bullish Zone above its Ichimoku Cloud.
At the moment of typing this, VeChain is still above its 200MA. Note that the 50MA is still traveling upwards so we may eventually see the 50MA cross above the 200MA on this 1 day chart.
Not that overall traded volume is still very low compared to what we were getting from 2018 to 2021.
Looking at the Average Directional Index (ADX DI) we can see that the Trend Strength is dropping with the ADX (Orange Line) at 36.08 and under its 9 Period EMA (Black Line) which is at 39.52. Positive Momentum has dropped with the +DI (Green Line) dropping to 19.73. Negative momentum has also dropped a little with the -DI (Red Line) slightly dropping to 15.87 on this 1 day chart.
I hope this very quick update is helpful.
VECHAIN - Important Update!From looking at Vechain on a log chart, we can see that we're still within the ABC correction.
in every ABC correction, C wave is almost always 5 waves, which follows the impulsive schematic.
We are now in wave 5 and we're expecting to see 5 clear waves down.
An important thing to note is that in Elliott waves , wave 3 can never be the shortest. At the moment, wave 1 is longer than wave 3. Therefore it is highly likely that wave 5 will be shorter than wave 3. This gives us a clear zone to look at for LONG orders.
Trade Idea:
- For experienced traders, count 5 waves down for wave 5 and enter on the breakout of the 5th wave
- For less experienced traders, watch for 5 waves down and draw a descending trendline and enter on break of trendline
- Targets: 0.1, 0.23, HODL the rest and manually close
Goodluck and as always, trade safe!
VET is still very bullish!Hey guys, if you followed my previous TA you made a lot of profits. Congrats with that. So whats next for VET?
- VET is still on a higher timeframes in a uptrend. Remember that the trend is your friend.
- We finally managed to break the 200 EMA.
- Plus were moving in my Brown box with decent volume.
- We didnt break out of the Brown box. But eventually we will…
- After that we could move to the next resistance at 0,03385.
Greet times and profit ahead! Leave me a like and follow me to keep updated!
VET VeChain Crazy Cup & Handle Pattern FractalI think this one's out there but so interesting...
A cup and handle that's proved to have happened inside a much bigger cup & handle that's setting out to happen in the next bull run. Time-wise the PA must reach close to ATH this year and then it's game on.
There's so much going in the chart. The target for the cup & handle falls on the backwards 0.618 fib level, which is one more strong confluence. I could go on about all the confluences but I need the crazy side of me tamed this fine monday morning.
This is not financial advice. I'm a monkey with a TV membership.
VET LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the VET symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You