VET | Looks Promising for Breakout..!!
#VET (update)
Still Moving inside the Descending Channel but Looks Promising for Breakout so Keep an eye on it..!!
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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VETUSDT
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
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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It's not financial advice.
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Open to any questions and suggestions.
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.
VETUSD LONG TERM UPDATEVETUSD is still bullish. Wave 4 consolidation in play. I expect it to hit $1 as long as wave 4 doesn't overlap end of wave 1 (0.022).
VETBTC and VETETH charts are at their lows. This favors VET technically.
Be ready to hold as it may take TIME.
Not financial advice. DYOR!
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