Vet UpdateSo followed the path very well! just not the super bullish variation. BULL: Price did break above and is so far hold the line on the chart. BEAR: It bounced of the median line of the pitch fork and the outer parallel and the 1:1 of the first swing, so its hitting some markers for an ideal ZZ. But the interior count is not ideal to me tbf. That line will be important for me, staying above good for bull, bellow will be looking to short it breaks below and rejects from it.
VETUSDT
VETUSDT 1D READY FOR ATH ?As seen previously, VET has been rejections twice, and managed to break its daily resistance on the third attempt.
After correcting from 0.1874 and down to the previous resistance, VET showed that it was able to turn the previous resistance into a strong support.
My expectation is that next week the vet will start moving back towards higher levels
Buy around : 0.148 -0.154
TP 1 : 0.18
TP 2 : 0.21
TP 3 : 0.24
TP 4 : 0.28
TP 5 : 0.35
Stop Loss : 0.1319
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
VETUSDT - Enjoy 🚀🚀🚀 (1H Signal)Follow me, its good IDEA :)
Now VETU 1H time frame is inside of triangle and this moment are very good for a little time frame scalping. (1,5,15m)
for a long position we need hard confirmation for a trend.
Please share your opinion in the comments
This is not financial advice !!!
$VET Looks GoldenVETUSDT has broken out of this inclining wedge pattern and now is retesting that former area of resistance. This is definately a massive opportunity, I think we could see a new ath within the next couple of months. This is a coin where I see fundamentals and technicals lining up almost perfectly. Good Luck!
MATIC USDT : CORRECTION / RETESTIn the cryptocurrency market, corrections of 5-10% are significantly more frequent than in the stock and other traditional markets.
EXPTECTED CORRECTION FOR MATIC .
DONT PANIC
VET trade on the weekly - ideaLooks like after a long time of consolidation, VET is ready to make it's move.
1. first entry was 2 weeks ago, which is now in good profit
2. confirmation with MACD cross over
3. W - pattern is forming
4. rsi is continuously pointing upwards
5. second entry possible once resistance is broken
6. keep stop loss tied to the lower band
--- this is just an idea and not financial advise, utilize on your own risk ---
trade 1: active
trade 2: pending
VeChain forecast of $1.50 strengthens: VET Coin continues to folIn my VeChain forecast on October 11, I drew attention to a pattern that was last seen in the VET Coin's price action when it faced a massive price rally in late 2020. As a result of this rally, the VeChain price increased by around 1,350% in just over 100 days. Accordingly, the future prospects for the altcoin could be rosy in the coming months. At least if the pattern will repeat itself in a similar manner.
This does not seem to be far-fetched at the moment in any case. Because the similarities continue to accumulate. The above chart shows to what extent.
Obviously, they are not the same price movements, but they are enormously similar in nature.
What matters are the cornerstones of the movements. For example, then as now, the VeChain price first formed a high (1), which was followed by a correction with three stair-step lower lows (2-6). The first bullish countermovement failed at the resistance of the setup (7) and bounced off it. However, as a result, a higher low (8) was formed and from there, the break of the resistance was achieved and thus the structural break.
This structural break occurred recently and should be taken as a renewed bullish sign. In addition, it is the next indication that the pattern from then currently seems to repeat itself again.
However, it should also not be concealed that the structural break occurred this time with a significantly lower volume increase than back then. Accordingly, the current price increase looks weak in direct comparison.
Overall, the absence of significant volume increases is what seems to be a common thread running through the price increases of the entire market. Nevertheless, the parallels between today and the end of 2020 are too striking to ignore.
The symmetrical triangle, in turn, suggests that the odds are very good that the VeChain price could soon crack $0.36.
This would be important from many points of view, because apart from the fact that it would correspond to a 200% price increase at the current price of $0.12, it would furthermore be the next strong indication that the pattern from back then is still valid. It would be a higher high in the long-term trend.
A look at the price action of the VET Coin against Ethereum (ETH) seems to strengthen this thesis. Namely, here the VeChain price moves in clearly identifiable waves.
As the chart below shows, another accumulation of VET against ETH appears to have been completed. What could follow is a significant price rally.
CHART
So does the VeChain forecast of $1.50 still hold?
Currently, I am assuming so. Why, I have described here. Nevertheless, the lack of volume so far leaves a somewhat bitter aftertaste. However, as already written, this applies not only to the VeChain price, but to the market in its entirety. What is not yet, can still become.
Source: VeChain Prognose
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1646).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.1870
TP2= @ 0.1976
TP3= @ 0.2144
TP4= @ 0.2300
TP5= @ 0.2490
SL= Break below S2
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💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1646).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.1870
TP2= @ 0.1976
TP3= @ 0.2144
TP4= @ 0.2300
TP5= @ 0.2490
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VETUSDT , The price is coming back to buy zone area Hello everyone
Whats up ? did you take profit from the market until these days of the week ??
In here , After the price broke the sensitive zone ( Resistance zone ) we need pullback and rest for the price that the traders have decide to where we gonna go , and after broke the zone we had a little pullback ( Place of settlement of traders ) and again in here with reverse candle we have ( Place of settlement of traders ) another pullback and we think we have another time pullback to the area because this is a Place of settlement of traders and after these time the price is ready to jump and go to the moooooooooooooooooooooonnnnnn
Dont forget use money management , and use stop loss
Good Luck
Abtin
VeChain (VET) - November 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(VETUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.03981204 point: the uptrend expected to continue
Above 0.08458101 point: Expected to create a new wave.
(1D chart)
You need to make sure you have support at the 0.16800141 point.
If the price holds above the 0.14187200 point, it is expected that the uptrend will be accelerated.
If it falls from the 0.11326725 point, a short-term Stop Loss is required.
The 0.20955073-0.22890460 section is a psychological resistance section and is expected to renew ATH if it breaks upwards.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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 yet been released.
(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.)
VET/USDT TRADE SETUP! READY TO BOUNCE!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this VET trade setup. VET looks good here. It is moving in a rising wedge channel and currently hovering at the lower trendline so a good bounce is expected from here.
Entry range:- $0.125-$0.135
Target1:- $0.142
Target2:- $0.154
Target3:- $0.166
Target4:- $0.178
SL:- $0.12
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
#VeChain #VET my exit target @ $0.39VET is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH.
So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels.
That said, I'll have 1.618 FIB R level to be my target roof at $0.39 while VET has all the potential to continue north from there... but that is a risk that I don't intend to take.