VETUSDT AnalysisHello friends.
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Everything on the chart.
Since the moment of the last idea, we have gotten more complex and updated the local bottom, I am still waiting for an upward movement to form wave (d) in the global triangle.
Entry: market and lower
Target: 0.1 - 0.12 - 0.15
after first target reached move ur stop to breakeven
Stop: ~0.056 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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VETUSDT
VETUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked).Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.12 and 0.15
after first target reached move ur stop to breakeven
Stop: under 0.08(depending of ur risk). ALWAYS follow ur RM.
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
VETUSDT - Elliot wave counting and macro perspectiveI think we are in complex A-B-C correction of huge wave 3. Usually, in crypto we have extended versions of wave 5 so sell area could be around 1.5 - 2.0 USD, nobody knows exactly.
Wait patiently for C wave completion and double check for impulsive price action which could trigger wave 5 - buy on first smaller correction or buy with stop loss at the bottom of wave C.
Vechain Possible Bounce/Double BottomVechain has been moving within this triangle for a long time now and is almost reaching its apex.
We can see that its sitting on strong support on the bottom of the triangle and is looking good for a bounce here.
It also looks like a possible double bottom scenario.
However if we do not hold the white line, vechain could possibly fall lower to the 5.6 cents area, and if that doesnt hold I'll be looking at around 3.6 cents for support.
VET 1DVet is currently fighting this white down sloping resistance line, and forming bullish divergence on RSI . Break above 0.236 and retest would be early signs of reversal, of course we would like to see a higher high formation on daily chart but over all I think VET is looking bullish . Also should keep an eye out on weekly level, retest of that wouldn't surprise me. P.S this is my first post and I am relatively new to crypto.
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.
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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 - Maybe the BottomVET has returned to its lowest PA since it climbed above this level last July and before that, it past up thru $0.07 last March when it ascended to its ATH in April. It’s also well below the parallel channel I outlined in my “VET - Future Projection Series” I posted 01Nov21, which means to me its way under valued.
The long term RSI, 1m & 1w both show divergences which clearly showed the “TOP” in Nov confirming a downtrend since. However, timeframes both recently show not so much a trend change as a possible levelling off of the PA. The 8h RSI formed a nice bottom “V” today as a matter of fact, which hopefully means VET has found its bottom PA.
Looking at the 4h chart the PA recently descended back into a range market it had bounced in and out of last week. The last 6 days of descending PA has formed a descending wedge. The upper trend line of this wedge is actually the trend line along the “highs” since 09Nov21, making this is a really important trend line. In addition to all this, PA is just below the 20ma, a little below the 50ma and well below the 200ma.
If PA bounces up out of the descending wedge, it would take it above the range market, which would take it above the longterm trend line. We could be seeing an end to VET’s down trend.
A momentous moment indeed.
My thoughts, not advice Oklah. Cheers
VETUSDT Getting ready for 5th wavesMoving in Channel and getting ready for 5th wave.
BuyZones:
0.11336 0.10884 0.10500 0.10360 0.09143 0.08760 0.08272 0.07820
Take Profits:
0.13 0.15 0.16 0.20
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
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
VeChain (VET) - January 15Hello?
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(VETUSD 1W chart)
Above the 0.03981204 point: the uptrend expected to continue
Above 0.08458101 point: Expected to create a new wave.
We need to see if we can move above the 0.08458101 point along the uptrend line.
If it continues to fall, it could fall near the 0.03981204 point, so you need to trade cautiously.
At this point, it must move above the 0.10127644 point to turn into an uptrend.
To continue the uptrend, you need to break out of the downtrend line.
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(VETBTC 1W chart)
Above 158 Satoshi point: Expected to create a new wave.
A volume profile section is being formed over the 158 Satoshi-260 Satoshi section.
As such, it is important to be able to sustain the price above the 221 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Bitcoin Short 6H TA : 01.07.22 : $BTCLast analysis is still valid... All short-term targets reached ...
As we expected, the price break the trading range from the bottom and also lost its important dynamic support. Currently, the first very important support and bearish target is the (Swing Low) price, which is in the range of $ 42,000. Up to $ 42300, if this critical level is broken the next downside targets will be $ 40 ,000, $ 38,600 and $ 37,700 and if all 3 of these support will be lost , the Potential Reversal Zone (PRZ) could be the of 35,500 $ range ... (This analysis will be updated)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.Jan.22
⚠️(DYOR)
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