VET/BTC 300% Potential from here If Break Resistance..?#VET/BTC TA Update:-
#VET is also Looking good and Bounced back from Support level.
Try to catch between 170-180 Satoshi
1st Target as per chart is 231 Satoshi (36% )
After If break upward 240 Satoshi then I can expect 500 Satoshi will be my 2nd Target (200% )
And if hold 250 Satoshi + then My Last Target will be 700 Satoshi ( 300% )
Stop Loss:- 149 Satoshi
Support:- 165 Satoshi
Resistance:- 240 Satoshi
VETUSDT
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.
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.
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 $0.17 for a potential break and retest of the triangle line. I think if we break white line on RSI we should break through the triangle, if not we could come back down and consolidate some more inside the yellow triangle pattern.
What are your thoughts?
VETUSDT - BULLISH SIGNAL UPDATE!!As you all know, VET is not performing well from last 8 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. Vet has announced many (revolutionary) upgrades pending for their block-chain.
Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Signal Strength Ratio: 85%
Happy Trading :)
Good Luck!
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Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
VET/USDT idea. Two outcomes (Descending Triangle). Thoughts?Blue outcome is the most plausible. There will be better time to BUY in the near future.
Summary: We're not going to a new ATH here. Not yet. Price stays in the triangle for now.
Price might increase on the short term but decrease in the medium term. What do you think?
VET last time we made 186% impulse UPBINANCE:VETUSDT
Vechain looks pretty solid! We bounced on D timeframe from downtrend FIB line, almost retest fundamental price (green line)
Stochastic and RSI showed capitulation and we laying down. Last time when we saw this VET make a impulse move up in a few weeks and made 186% in this case we possible can see 0.768 level by fib and reach 0.23$
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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.
You can check my profile to see my previous analysis on VETUSDT.
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VET great opportunity for a forgotten coinVET
Elliot wave analysis
Will rocket up for a 3X return at least ( > 0.2).
But last leg is not complete , needs two more waves to complete the 5th leg of retracement
Buy @ 0.065 , SL @ 0.0575