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VETUSDT

Will this become a crypto VET?Like many alts, VET has faced a strong pullback from its ATH in April dropping by >70% (never buy at an ATH). Since then, it has been trading within this weak triangle on the 4-day timeframe. VET seems to have found shallow ascending support along the black line and could make its way toward the upper resistance over the next few weeks. The support looks strong but the main question is, will the support hold even if BTC drops to ~41/42k? Remember, any candle close below the black line means the idea is cancelled. For now, it is still trading above its 200 day EMA and is testing its 100 day EMA. I think it can move up. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments, questions and thoughts below!
Long
by kush23456
VECHAIN - The Final BreakdownVET is currently in a bigger ABC correction and approaching the final leg down of the C wave, after which we will be looking to buy and hold Vechain for the long term. We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it should be seen as a buying opportunity. There's a lot of hype behind VET so it is unlikely that it will die anytime soon. Short Term SELL Trade Idea: - Watch for bearish price action within the current bear flag - Enter with stops above the bear flag - Target the 0.50 to 0.60 region Long Term BUY Trade idea: - Watch for one more drop back down to the 0.06 level - Enter with stops below that structure level - Target the wedge resistance as first target - Target ATH as second target. - HODL the rest Let us know what you think! log chart and
by Jbridgez
2
VECHAIN - The Final BreakdownVET is currently in a bigger ABC correction and approaching the final leg down of the C wave, after which we will be looking to buy and hold Vechain for the long term. We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it should be seen as a buying opportunity. There's a lot of hype behind VET so it is unlikely that it will die anytime soon. Short Term SELL Trade Idea: - Watch for bearish price action within the current bear flag - Enter with stops above the bear flag - Target the 0.50 to 0.60 region Long Term BUY Trade idea: - Watch for one more drop back down to the 0.06 level - Enter with stops below that structure level - Target the wedge resistance as first target - Target ATH as second target. - HODL the rest Let us know what you think!
by Altsignals
6
VET - can buy it with these TPBYBIT:VETUSDT 1H trend chart - VET has broken out the triangle and it is testing Fib1 If price can take out 0.0961, trading strategy as below. - Profit Targets: a) 0.0996~0.1010----Fib(1.272~1.382) b) 0.1040----Fib(1.618) c) 0.1089----Fib(2) Stop losses: a) 0.09275-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
VET Big Symmetrical Triangle reboundVET/USD (Daily) Bullish Case - Uptrend Support Line being held, seem to have found Support between $0.07-0.08 area which is previous supports and range for a while now. - Symmetrical Triangle intact. - MACD/Signal and Histogram reversing - RSI low and reversing. - Bullish Divergence with RSI. - Market Cipher B shows a Big Bullish push-up with a print of multiple Green Dots printed at the lows. Bearish Case - Can see further drops to the next lows at $0.055-0.06 Thoughts?
Long
by CryptoFallen
VET APEX Triangle (Recovery?)VET broke out, as you can see in my chart. RSI rising and it's above the support line which i drew base on weekly timeframe (VET often bounce off from that level, giving traders more confirmation on a up trend). VET charts is really beautiful with APEX triangle bullish pattern, sadly it broke down due to to BTC dump not long ago. I'm looking for a possible price movement back into the APEX and consolidate for awhile before breaking out of the APEX. Very bullish for VET.
by Cryptoblooming
1
Analysis VET/USDT on Daily chartRSI is slowly moving towards 50, which indicates a possible upmarket. The Heikin Ashi indicator is also showing green blocks (indicator below). Which also confirms we're most likely looking at a possible uptrend. In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. The Supertrend Ninja indicator is forming its 9th bullish signal for the 1 day chart in 2021. Six out of 9 signals, the price indeed went higher with a Monster Trend on March 2021. Supports and resistances are displayed in grey. With below the price a strong support. With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop. Thank you for reading. Namasté Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
by Kch28