💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.05730
TP2= @ 0.06149
TP3= @ 0.06500
TP4= @ 0.06830
TP5= @ 0.07178
SL= Break below S2
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Vetusd
TRADE ENTERED VET/USDTThere is a fine line between impatience and taking a punt on max value, this is always my main conflict when entering positions. You may say (Whilst being correct possibly) you should have waited for a close above the resistance trend line, you should have waited for confirmation on BTC bearish/bullish confirmation. Well, famz, all I am doing is sharing my fun, so watch with interest as implied (Not technical advice) hahaha Hope you are all well.
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04916).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 0.05453
TP2= @ 0.06193
TP3= @ 0.06855
TP4= @ 0.07495
TP5= @ 0.08007
SL= Break below S2
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💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04916).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 0.05453
TP2= @ 0.06193
TP3= @ 0.06855
TP4= @ 0.07495
TP5= @ 0.08007
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VET - BUY AND HOLD.Following on from our last trade idea on VET where we were expecting more downside before the big bullrun, we are now at the perfect place to buy with very minimal downside and major major upsides!
Long Term BUY Trade idea:
- Enter with stops below the recent lows
- Target the wedge resistance as first target
- Target ATH as second target.
- HODL the rest
Goodluck!
VET/USD: Vechain to the bear marketIn this special analysis, I analyze the cryptocurrency Vechain, and also, becuase I'm very interesting to study this cryptocurrency to starting to save money and find down the exactly point to buy cheap and accumulating a lot about this cryptocurrency by medium to long term.
Vechain it's another cryptocurrency that I admire a lot and has a good fundamental analysis that I heard about it. But I just want to share my idea where Vechain going to this bear market
Vechain worth $0.04 cents and I have my perspective that Vechain it's leading to $0.01 cents approx. But also, I have another point that Vechain could to reach include to $0.009 cents approx. And also, we could to see a price of 0.023 cents approx. But I proyect that Vechain it's leading to the exactly $0.01 cents.
VETUSDT- Trading oppotunityThere is a trading opportunity for Long in the VETUSDT and you can long now according our trading setup.
We hope it is profitable for you ❤️
📊 VETUSDT
🔵 Long Now 0.04650
🧯 Stop loss 0.04285
🏹 Target 1 0.04970
🏹 Target 2 0.05650
🏹 Target 3 0.06800
💸Capital : 1%
Please support our activity with your likes 👍 and comments 📝
VECHAINHello mates, Vechain price analysis shows a strong uptrend in the last 24 hours. The price is approaching the resistance of $ 0.061 with its upward movement. Although the market direction is declining, this coin is growing. Today, the price has decreased slightly, and its trading volume has exceeded $ 243599616. This digital currency is in the 41st position among the top 100 coins, and its market value is 3861240184 dollars.
In daily timeframes, the market is squeezing as volatility has decreased. This means that the probability of price change is directly related to the direction of fluctuation. Less volatility means a lower probability of price change in either direction.
The Bollinger Bands are at $ 0.067 as the strongest resistance, and the Bottom Bands are at $ 0.048 as the strongest support.
The price of Vichin has reached below the moving average, which shows a downward trend. In addition, the price is moving upwards, which indicates the possibility of a bullish momentum recovery.
The RSI is at level 47, which indicates market stability. The downward movement of this indicator indicates a gradual decline in the market and the oversupply of sales activities over the number of purchases.
Conclusion:
Price analysis shows that this digital currency has momentum downtrends and uptrends. Although the bears have gained relative control, buyers have shown positive signs, and the situation is likely to change.
VET/USDVeChain Update
VeChain had broke out of its previous Falling Wedge Pattern but is still in a downwards channel.
VeChain failed 4x to close above its sideways Pitchfork Median Line (A,B,C).
VeChain has closed below its Least Squares Moving Average (LSMA) on this 1 day timeframe. Note that a close below the LSMA is considered a sell signal.
At the moment, VeChain has found support from its Bollinger Bands Middle Band Basis 20 Period SMA. A close below the BB Basis and re-test as resistance will be further confirmation of continued downwards momentum on this 1 day timeframe.
Note that VeChain is still below its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 10x daily candles that i have selected.
Note that VeChain is still below its Volume Profile Visible Range Point of Control (VPVR POC) fro this charts visible range.
Volume is still low on this Binance chart and the last 4x daily Volume Bars have closed below its Volume 20 Period MA.
I have added some areas of potential support as highlighted by the horizontal Black Lines with Yellow Shading.
Looking at the Average Directional Index (ADX DI) we can see that Negative Momentum has overtaken Positive Momentum on this 1 day timeframe because the -DI (Red Line) has crossed back above the +DI (Green Line). The -DI (Red Line) has risen to 22.81 and the +DI (Green Line) has dropped to 18.72. The trend strength is weakening with the ADX (Orange Line) dropping to 24.14 an it is still below its 9 Period EMA (Black Line) which is at 28.46 and is a further sign of weakening trend strength.
Looking at the Elders Force Index (EFI) we can see that the bulls have lost a lot of strength but is sideways at the moment, note that the EFI Line (Red Line) is still above the 0 Base Line. Note that the EFI Line (Red Line) has dropped below its 9 Period EMA (Cyan Line) which is a further sign of weakening bull strength. If the EFI (Red Line) crosses below the 0 Base Line then that means that the Bears have taken full control on this 1 day timeframe.
Looking at the STOCHASIC indicator (STOCH) we can see that momentum is downwards at the moment and note that the %K Line (Blue Line) is still below its %D Line (Orange Line). Note that the %K Line (Blue Line) is indicating that VeChain still has room to drop before becoming Oversold on this 1d timeframe.
Looking at the Moving Average Convergence Divergence (MACD), we can see that the MACD Line (Blue Line) is point downwards and is still under the 0.0 Base Line in the Negative Zone. The MACD Line (Blue LIne) is still above its Signal Line (Orange Line) so we need to keep an eye on this as if the MACD Line (Blue Line) crosses back below the Signal Line (Orange Line), as this will be a sell signal for this indicator on this 1 day timeframe.
There are a few things to look out for if you are uncertain if or when to go long, be on the lookout for a successful daily close above the LSMA, the Bollinger Bands Middle Band Basis and The Pitchfork Median Line as well as keeping an eye out for any successful retest of those levels as support. With any rise, you need to also keep an eye on the volume as ideally you want any sustainable rise to be supported by increasing volume strength. Also be on the lookout for if/when VeChain crosses back above the upper descending trend-line of the descending channel as well as any successful retest of that previous resistance as support.
So at the moment, it looks like there will be some really good opportunities coming up to acquire more VeChain or your crypto of choice at a much cheaper price.
I hope this is helpful with your trading and hodl-ing.
Insane VeChain Bull Flag in Formation!Hey Traders,
This may be my most important trade yet! According to the Weekly chart of VETUSD, the price action has formed a bull flag (attached image URL). The breakout target out of this pattern is approximately 1.1-1.2 USD. In the rare case this does break down the target would be 0.007 USD (In this case we could open a short).
VeChain (VET) is a very revolutionary blockchain product, its utility is very unique compared to other Cryptocurrency Projects. The various amounts of things VeChain could be used to track for supply are infinite, not to mention it could also partner up with things like oracles AKA Chainlink to make it more efficient and data rich.
I hope this helped,
-Pulkanator
$VETUSD DBL Bottom$VETUSD entry PTs .001435-.008609 Target PTs .7628-1 and higher (Buy on 10/10/2022)
Possibly .00143582 to .75 Returns 522X Possible returns +19,561% to +52,134%
Prior run .00143582 to .2823 Returns was 196X +19,561%
Sequence 5; 1 bar .00541018 X 6
Sequence 9; 6 bars .00541018 X 6 = .032
Sequence 4; 8 bars .032 X 8 = .2596
VeChain Coin Price & Market Data
VeChain price today is $0.060368 with a 24-hour trading volume of $271,235,528. VET price is up 3.2% in the last 24 hours. It has a circulating supply of 67 Billion VET coins and a total supply of 86.7 Billion. If you are looking to buy or sell VeChain, HitBTC is currently the most active exchange.
What is Vechain?
VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants. VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufactures to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain.
Vechain Foundation
There is also the VeChain Foundation. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. The Foundation also plays an important role in business development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. This includes payment services, private key management, smart contract development, and wallet development. There is no doubt that blockchain technology can be an important innovation to supply chain management. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management.
VeChain team
Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor.
VETUSDT soon the MONEY MAKERVETUSDT like BTC or other coins is situated into a huge huge falling wedge which finally will made a breakout.
We are NEAR at bottom of this wedge so a good long position here can be a good opportunity
We have some bullish signals like:- on Daily we have a huge bullish divergence
We are near at falling wedge support line
When i m 'playing' with charts it s really important to take in considerary also the COIN versus BTC , BTC/USDT and DJI.
IF DJI will go up, BTC and other altcoins(all) will go UP. DJI it s the most important index for me on trading
The target from this wedge is 0.093$ aprox.
Good luck,it s a safe bet
VET/USD - Potential Bullish DivergenceWe have a potential Bullish Divergence with the Price on the VET Chart and the MACD Line on the Moving Average Convergence Divergence (MACD) indicator as indicated by the Converging Blue Lines. Note that the MACD RED Histograms have also shrunk in size, confirmation will be if the MACD Line (Blue Line) crosses back above the Signal Line (Orange Line) on this 1 day timeframe.
Note that the Stochastic Indicator (STOCH) is showing that VET has plenty of room to move up before entering the Overbought Zone on this 1 day timeframe. Note that the %K (Blue Line) is still above the %D (Orange Line).
At the moment of typing this, VET is fighting stay above its Least Squares Moving Average (LSMA) on this 1d timeframe. A successful daily candle CLOSE above the LSMA on this 1 day timeframe will be considered a Buy Signal for this indicator.
At the moment VET is back above its Bollinger Bands Lower Band but note that VET is still well below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1 day timeframe. For any recovery to become sustainable longterm, we need the Price to CLOSE above the BB Middle Band Basis with a successful re-test as support on this 1 day timeframe.
VET is also in a Falling Wedge Pattern on this 1 day timeframe. A Falling Wedge Pattern is a potential Reversal Pattern. Note that the APEX of the Falling Wedge Pattern is at $0.026 which is around 22nd March 2022.
At the moment of typing this, VET is back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 6x daily candles that i have selected.
Obviously VET is still under the influence of BTC so we have to keep an eye on what BTC is doing as a drop with BTC will drag all alts down with it.
I hope this is helpful with your Trading and Hodl-ing.
VET inching towards ATHApart from its fundamental strong use case, VET technical chart shows a good upside with 3 targets in this bull run.
VET - is going to break this resistance VET is sandwiched between the level of the trend line and the lower boundary of the big value area. The price can still gather liquidity both above the trend line and below the $0.072 level. A breakout of the trend line could be a good buying opportunity. In case of a false breakout, a good opportunity to sell. In case of a breakout of the level of 0.072$ may be a good opportunity to sell. In case of a false breakout, it is worth opening a position in the opposite direction.
I would also like to note that volumes appear at the bottom, which is a good signal, but on bitcoin volumes appear at the top, and that confuses me.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
VET/USD - updateVET an in-depth 1day chart analysis:
If you look at my previous 3 VET charts and press play, you can see that VET has dropped out of its Symmetrical Triangle Pattern on the 1d timeframe.
VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Not that the Middle Band is moving downwards and so is the Upper and Lower Bands.
VET is testing its Descending Pitchfork Pattern Median Line, if VET drops below this line the we can expect VET to drop to $0.068 again.
Note that VET is still above its Least Squares Moving Average (LSMA) level at the moment. The LSMA Level is near the Pitchfork Median Line so if VET drops below the Pitchfork Median Line then it may also drop below the LSMA as this area is a crucial support. Note that if VET CLOSES a daily candle BELOW the LSMA then that will be considered a sell signal on this 1d timeframe for this indicator.
Note that VET is also in a Descending Triangle Pattern on this 1d timeframe. Note that a Descending triangle Pattern is a potentially a Bearish Pattern.
For your viewing pleasure i have added various Support and Resistance Lines as well as a few Support and Resistance Areas.
Volume is still very low on this Binance 1d chart and note that VET has not closed a daily Volume Bar above its Volume 20 Period Moving Average since the 10th Jan and note that that Volume Bar closed n the red.
VET is fighting to stay above its Volume Profile Fixed Range Point of Control (VPVR POC) for the Fixed Range of 8x daily candle s that i have selected.
VET is also under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range.
If we look at the Average Directional Index (ADX DI) we can see that Negative Momentum has increased with the -D (Red Line) rising to 17.64 and Positive Momentum has decreased with the +DI (Green Line) dropping to 13.96. Not that the Trend Strength is very weak with the ADX (Orange Line) at 15.21 and still under its 9 Period EMA (White Line) which is at 17.73. Note that the ADX (Orange Line) is still under the 20 Threshold.
If we look at the Stochastic Indicator (STOCH) we can see that Momentum is downwards at the moment and note that the %K (Blue Line) is still below its %D (Orange Line) on this 1d timeframe. If VET drops below its Pitchfork Median Line and LSMA then we will see the %K (Blue Line) enter back into the Oversold Zone agin on this 1d timeframe.
If we look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is indicating momentum is sideways for this indicator and note that the MACD Line (Blue Line) is still above its Signal Line (Orange Line). Note that Upwards momentum has weakened because today’s MACD Histogram Bar has decreased in size and has lightened. Note that the MACD Line (Blue Lien) is still in the Negative Zone under the 0.0 Base Line and has not been in the Positive Zone above the 0.0 Base Line since the 21st Nov 2021.
If we look at the Chaikin Money Flow (CMF) we can see that the CMF (Green Line) is still under the 0.0 Base Line in the Distribution Zone. However the CMF (Green Line) is pointing upwards indicating that Accumulation is increasing and this is confirmed by the CMF (Green Line) being above its Least Squares Moving Average (LSMA) (Cyan Line) which is a sign of accumulation strength. For accumulation strength to be sustainable, we need the CMF (Green Line) to eventually cross back above the 0.0 Base Line back into the Accumulation Zone on this 1d timeframe.
At the moment VET is fully under the control of BTC and in what direction BTC goes in. As you can clearly see from this Binance daily chart, Volume is still very VERY LOW for VET as well as for the overall crypto market in general. As we can see, the Market Makers are focusing on other select cryptos at the moment like ADA, but that rise is also being slowed because of BTC’s drop and control of the market. Overall there seems to be a lack of Market Maker Liquidity being traded at the moment.
There is a lot of talk about VET rising BUT any rise NEEDS to be backed up by INCREASING LARGE VOLUME to remain sustainable for the longterm. I would not get excited until Volume Increased and VET crosses above and more importantly CLOSES a daily candle ABOVE the Bollinger Bands Middle Band Basis 20 Period SMA and successfully ret-test it as support on this 1d timeframe. So overall there may be some more really good opportunities to acquire more VET at a much cheaper price.
I hope this is helpful with your Trading and Hodl-ng.
NOTES:
LSMA = Yellow Squiggly Line on chart
Bollinger Bands = Grey Bands on Chart
VPFR POC = Short Horizontal White Dashed Line on Chart
VPVR POC = Long Horizontal White Dashed Line on Chart
Support and Resistance Areas = Parallel White Lines with Yellow Shading on Chart
Volume Bars = Red and Green Bars bottom on Chart
Volume MA = Orange Line going through Volume Bars on Chart
Pitchfork Median Line = Long Descending Thin White Dashed Line on Chart
VET/BTC Still 300% Potential from here so read full IDEA#VET/BTC Chart Old Update:-
#VET did 20% after our post.
Now again around entry zone.
3D chart forming Bull flag.
I am expecting Bug move after this Down side move.
Strong Support = 150 Satoshi
So this is also best buy zone.
First Target will be 231 Satoshi.
What after 231 Satoshi..?
When break upward 231 resistance and Big time frame candle close above 230-240 Satoshi
Then we can See Massive upward move.
Expected Target is 500 Satoshi if break 230-240 resistance level.
Stop Loss:- If any Big time frame Candle close below 250 Satoshi
Keep an eye on 700 Satoshi level also.
Support:- 150 Satoshi
Resistance:- 231 Satoshi