VETUSDT
Vechain | Bottomed Out..!!
#VETUSDT (Update)
Falling Wedge Formation in Daily timeframe Chart.
Some decent volume coming in too!!
Looks like Massive Upside Breakout is about to happen so Fasten Your Seat Belts.
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Long on VETI think we are about to see a pump out of VeChain.
Indeed RSI is in the 'buy zone' and I believe we are approaching the bottom. Linear Regression candles also started to flip green which is a good sign but we need confirmation of uptrend with a green candle above the white line.
I would not like price to go below the strong support at $0.056 even though we could see a wick to that level. We might see the start of a W pattern just like we had in previous months.
When the bounce occurs, I expect price to go back up to at least the 0.5 fib level at $0.16 or top of the channel at $0.17 for a potential break and retest of the triangle line. I think if we break white line on RSI we should break through the triangle, if not we could come back down and consolidate some more inside the yellow triangle pattern.
What are your thoughts?
VETUSDT - BULLISH SIGNAL UPDATE!!As you all know, VET is not performing well from last 8 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. Vet has announced many (revolutionary) upgrades pending for their block-chain.
Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Signal Strength Ratio: 85%
Happy Trading :)
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Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
VET/USDT idea. Two outcomes (Descending Triangle). Thoughts?Blue outcome is the most plausible. There will be better time to BUY in the near future.
Summary: We're not going to a new ATH here. Not yet. Price stays in the triangle for now.
Price might increase on the short term but decrease in the medium term. What do you think?
VET last time we made 186% impulse UPBINANCE:VETUSDT
Vechain looks pretty solid! We bounced on D timeframe from downtrend FIB line, almost retest fundamental price (green line)
Stochastic and RSI showed capitulation and we laying down. Last time when we saw this VET make a impulse move up in a few weeks and made 186% in this case we possible can see 0.768 level by fib and reach 0.23$
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VET - Watch This Wedge 👀Our last VET analysis got invalidated due to the crypto crash. We had to zoom out and find out the meaning behind the madness.
We can see that price is in a wedge and approaching a level which we bounced off from 3 times. We could potentially bounce off it once again.
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.
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
We may not come back down to these prices for a long time, if ever. Be sure to get in at the best possible price and hold it!
Up-trend tradeAs I mentioned in the previous analysis, in the daily time frame we are still in a big uptrend . IF BTC holds 50K level strongly or just goes sideways at this level, we can see a good upward move in VETUSDT. We have to hold our stop loss and manage our risk. Considering the target on this trade, the reward/risk ratio is 3 which is a good one.
P.S: Always do your own research, This is just a suggestion.
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VETUSD with 100% gain potention hidden bullish divergenceLooks like VET broke the trend line and now we have the confirmation and hidden bullish divergence on RSI with potential of 100% gain in next 10 days.
VET dips a bit, then blastoffVET mirroring BTC exactly these last few days, so everything here is based on BTC holding $52k as an absolute bottom before we take off. VET has been holding the indicated Fib levels fairly well since ATH this past summer. If BTC dips to $52k, as is trending today, we can probably expect VET to follow suit and dump further. Next support would be 10.3 cents on the Fib level, which is only slightly below the trendline I have drawn...I would expect VET to hold the trend line , but maybe wick down below it on the hourly scale. I am setting a buy for 10.5 cents, which hopefully is rock bottom for VET before we retake 25 cents and then beyond.
Next support if we break below 10.5 cents would probably be 8.5 cents as indicated by the purple rectangle, but hopefully it doesn't come to that.
Not financial advice, just my thoughts.
VeChain (VET) Buy ZoneVeChain (VET)
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
A couple of daily closes above $0.142 and we’re probably heading to a old All Time High at $0.266 in 2 months.
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$VET/USDT SPOT SETUP
Entry Price : 0.119 - 0.108
TP 1 : 0.138
TP 2 : 0.164
TP 3 : 0.186
TP 4 : 0.222
TP 5 : 0.266
SL : 0.091
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VET - Symmetrical triangle - Major move incomingThe price of VET is about to reach the end of a symmetrical triangle, which makes me think we'll see a major move to 0.682 with an optimistic view, or fall to 0.057 with a pessimistic view within a couple of months.
However, I don't think we'll see a big move unless BTC trades sideways or upwards.
VET | Vet is sitting on a solid support👌#VET/USDT
You can entre now at 0.11
(Safe entry is after closing 4h candle above 0.12)✅
Targets:
- 0.142
- 0.167
- 0.194
Stop-loss:
Close daily (weekly for risk takers) candle under 0.1
The recommended capital is no more than 3%
🌹Don't trade with out risk/capital management and Stay Safe 🌹
🌹 Thank you 🌹
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