VETUSDT
VETUSDT - Can break the resistance ?!I do not think it can break this resistance
It needs to rest and gather stronger strength.
Hoping for financial success for all investors.
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VeChain 60% for free until mainnet launch. Vexchange 🚀Intro:
- VeChain ( VET ) is full-fledged layer 1 public blockchain.
- Since 29st of October the VeChainThor v1.6.0 is live. --> POA2.0 activation starts. Testnet Nov. 5 and Mainnet Nov. 16.
- Vexchange, the first DEX of VeChainThor launches soon.
- In circulation we have 66 billion coins out of currently 86 billion possible.
- Total market cap is currently around 10 billion and still has a lot of room to grow
Daily chart:
- Price finds itself in an uptrend and currently faces resistance around 0.145$. One might see an inversed head and shoulders pattern that is about to break out soon.
- Volume kept steady over the last couple of months. An increase is expected once we see an upwards breakout for price.
- RSI analysis shows that we are in an uptrend that confirms the current trend. We still have room to go up.
- Moving Average: Price uses the 20MA as support and it looks like we get some separation which is very bullish.
- Support lines are at 0.057$ and possibly the ascending yellow line.
- Resistance lines are at 0.145$, 0.185$ and 0.235$.
Expectation:
- We expect VET to break out above the 0.145 resistance and move up to 0.235$ within the next 10 days until we see the mainnet go live and the Vexchange active.
- End of the year prediction: We will see a 0.5$+ VET before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
VET/USDT a W pattern forming Hello ! This a huge project which pumped a lot last bullish cycle and now wants to continue! We can see that the price found the bottom after correction which caused after Elon Musk FUD and China ban and formed W pattern or double bottom on weakly candles so when the price will go above the neck of the W pattern which is siting around $0.16 we go long ( buy) take profits 50% at ATH and another 50% at $0.44. Good luck
VeChain VETUSDT - Ascending triangle +1000% gains- VeChain VET - Rank #23 - Coin.
- The chart is printing an ascending triangle - bullish continuation pattern.
- As per my Elliott Wave count, we are in the 5th impulse wave to the upside!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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Vechain/USDT #Vechain has a strong community among high-tech cryptocurrencies. #vetusdt
The chart is obviously bullish and of course higher TPs need patience for the market may sometimes crash during the bull run.
However, there is some positive fundamental news on Nov 9th, and I think the first tp is achievable in short term.
This is a daily chart. Do not scalp based on this idea. always #dyor.
Good luck,
Median Eagle.
VET taking a decision nowTop of the Morning!
VET is making a decision right as we speak. There's a higher probability it will break out to the up-side, as it attempted to break it a few time already - and the more it tries, the more likely it will.
This will make as visit the next resistance line.
But! on the other hand, if we cross and close the $0.13 level - we can revisit the lower support before bouncing up again.
VETUSDT setting up NicellyVet correction plays we been here before u know what comes next.
Downtrend:
- Break 21 3D EMA
- Make ugly first LOW
- Retest 21 3D EMA
- Fail to break 21 EMA and Print second LOW
- And finally, find support at previous hight
Uptrend/recovery:
- Find support at three days 200 EMA
- recover towards 0.618 – 0702 Fibonacci retracement
- correction to retest the low
- And finally, blast to new all-time high
VET/BTC map:
VETUSD : Multiple pattern in 1h !In 1h chart
There is a diamond top and a potential double bottom in the chart .
If price break out the diamond and stand firm above the neckline ,trading strategy as below .
*top wick shorter than 1/2 body
SL:0.1262
TP1:0.1478
TP2:0.1606
TP3:0.1658
TP4:0.1714
TP5:0.1770
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VET - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $0.13
First Projection $1.71
1.71 / 0.13 = 13.2 X
Second Projection $5.89
5.89 / 0.13 = 45 X
Now for a regular old fellow such as myself, a 13 to 45 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 0.13 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
VET is ready to fly after retestYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
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VET swing plan on uptrendAfter steep pullback to uptrend line, price is now still playing within fib levels. Once we see a break of our daily zone and 0.5 fib level, we are going to see an impulse move up to the 0.382 level before an eventual retest of all time high. This will be a managed trade for us here, most likely re buying on pullbacks even after ath breaks we will be playing extensions from that point on.
- Entry: looking for entries after break and hold of daily zone / 0.5 level
- Stop loss: placed just below VPVR, support zone, and Moving Averages
- Take profits:
- (1) 0.236 level
- (2) ath level
- Fib extensions
* Looking for a high volume break of mid zone with momentum supporting showing bulls are in control as our entry signal