#VET\USDT#VET
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it.
We have a tendency to stabilize above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.04.5
The first target is 0.0430
The second goal is 0.04660
The third goal is 0.04980
VETUSDT
#VET/USDT#VET
The price is moving in a bearish channel on a 4-hour frame, and the price has adhered to it to a large extent
We have a downtrend on the RSI indicator
We have a higher stability moving average 100.
Entry price: 0.0444
The first target is 0.04681
The second target is 0.05028
The third goal is 0.05451
Stopped loss is below the green support area
VET ANALYSIS🔮 VET Analysis - Breakout Trading 💰💰
🌟🚀 #VET was trading in a Bullish Flag Pattern in daily time frame and breakout the pattern. We can expect a long rally after a small retest in #VET.💲💲
🔖 Current Price: $0.04718
⏳ Target Price: $0.05838
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#VET #Cryptocurrency #Breakout #DYOR
VET/USDT bullish momentum from demand? 👀🚀Vechain analysis💎 Paradisers, let’s delve into the intriguing movement of #VETUSDT. Currently, it’s retracing and meticulously retesting a critical demand level at $0.04248. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal.
💎 After successfully breaking out of a descending channel, the price of #VeChain is now confidently approaching the key demand level at $0.04248. If the price sustains its momentum at this level, we can anticipate a bullish reversal. With sustained upward momentum, the target lies above the formidable resistance at $0.061831.
💎 However, should the price of NYSE:VET dip below this pivotal zone, it’s crucial to adapt our strategy. We foresee a bullish rebound from the secondary support level at $0.03791. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate these market fluctuations!
MyCryptoParadise
iFeel the success🌴
finally vet getting ready for 65 to 70% bullish rally Seems Like Correction Has Already Completed & Now Finally Preparing For Upside Continuation Vet Moving In Bullish Flag & Recently Break's Falling Wedge In Shorter Tf Now Expecting Test Of Upper Trendline Once Upper Trendline Got Cleared Too Real Move Can Start Expecting 65-70% Bullish Wave In Coming days
keep eyes on vechain
VeChain Twist: Next Crypto Crash or Rally?VeChain is moving in the direction we anticipated, heading downwards. Of course, we'd be pleased with a continued parabolic rise since we have two open entries that have performed exceptionally well, with our stop-loss significantly moved up.
Thus, we've already taken profits, securing a good position, but we aim to build a larger position in the overarching Wave (2), where we expect it to reach between 50% and 61.8%. This is significantly distant from the current price.
We also anticipate that VeChain might react more sharply to a potential sell-off in the cryptocurrency market than other assets, given its recent parabolic rise and increased volatility. As clarified in our last analysis, we've reached the Wave ((b)) at the 138% level, between 127.2% and 138%, and haven't seen this level since, leading us to expect further price declines. We estimate that for Wave ((c)), we might not immediately see a conclusion but rather a drop to the level of Wave 3, followed by an overarching Wave B and then a Wave C formation. The exact unfolding of this overarching corrective Wave (2) remains to be seen. However, we will not alter our stop-loss and will wait to see if VeChain falls as much as we believe it might.
VET/USDT A successful break the bullish flag, signal continue UP💎 VET has recently experienced notable market dynamics, currently facing resistance within a bullish flag pattern.
💎 A successful breakout from this pattern could signal a continuation of the upward movement, probability leading VET to test the next strong resistance area.
💎 However, if VET fails to break out of the pattern and faces rejection, there's a possibility of a retracement. In such a scenario, the price may retreat towards the support area around $0.034.
💎 VET must bounce from the support area if it intends to sustain the upward momentum. A failure to do so could indicate a shift to bearish sentiment, potentially leading VET to further downward movement.
VET has formed a Bullish flagVET has formed a Bullish flag, we have the potential to go up
🔵Entry Zone 0.04249 - 0.04401
🔴SL 0.038204
🟢TP1 0.046379
🟢TP2 0.054818
🟢TP3 0.065980
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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VeChain Revolutionizes Asset Tokenization:VeChain ( NYSE:VET ), a prominent figure in the cryptocurrency sphere, has recently unveiled a groundbreaking asset tokenization platform, stirring excitement and speculation within the crypto community. This innovative move by VeChain ( NYSE:VET ) not only showcases its commitment to democratizing blockchain technology but also hints at potential implications for its native cryptocurrency, $VET.
VeChain's Zero-Code Asset Tokenization Platform:
VeChain's ( NYSE:VET ) introduction of a code-free asset tokenization platform marks a significant milestone in the realm of blockchain technology. This platform, known as Marketplace-as-a-Service (MaaS), empowers users with the ability to tokenize digital assets without the need for intricate coding expertise. The partnership with MotoGP championship team Gresini Racing serves as a compelling example of MaaS's functionality and potential for widespread adoption. With user-friendly features and the integration of NFC technology, VeChain ( NYSE:VET ) is poised to revolutionize the digital asset landscape, paving the way for the creation, sale, and transfer of real-world assets with unprecedented ease.
Implications for VET Price:
The launch of VeChain's MaaS platform has sparked renewed interest in VET, with investors eyeing its potential for driving utility and value. As VeChain ( NYSE:VET ) continues to expand its ecosystem and forge strategic collaborations, the perceived relevance and demand for VET are expected to surge. The platform's emphasis on enhancing user experience and accessibility further bolsters confidence in VET's long-term prospects. With VeChain's commitment to driving mass adoption of blockchain technology, NYSE:VET stands to benefit from sustained growth in valuation as the cryptocurrency market evolves.
Current Market Performance:
As of the latest data, VET has exhibited resilience in the face of market fluctuations, with a notable uptick in price and trading volume. Despite experiencing short-term fluctuations, VET's overall trajectory remains positive, showcasing its potential for long-term growth and stability. With a weekly gain of nearly 14% and strategic initiatives underway, VeChain's ecosystem continues to thrive, providing a solid foundation for VET's future performance.
VET LOOKS BULLISHThe VET diametric has been over for several weeks and VET has entered an uptrend.
It has a flip support range that can be pumped towards tp by maintaining this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
You Must See This - Analysis VETHi all,
I would like to provide an analysis of BINANCE:VETUSDT
We are currently trading above a strong support zone in the range of 0.037 to 0.039 . Moreover, we have established an uptrend starting around 0.015 .
Our initial goal is to remove liquidity from (x) and then test the resistance zone located between 0.060 and 0.068 .
You need to carefully monitor the stability of the support zone during retesting.
I'm inclined towards an upward price movement for the asset.
VeChain to much higherVeChain is setting up potential long term trade similar to the trades we took in SOL, AVAX, WOO, Theta etc.
I will be accumulating during pull backs to my buy zone of 0.03910 to 0.04010.
VeChain is setting up multi time frame squeezes and I'm expecting explosive moves to much higher prices. This is a weekly chart so this move will take some time to play out.
My price targets for VET is as follows:
PT1: 0.06480
PT2: 0.09226
PT3: 0.1069
PT4: 0.1490
VET/USDT Ready to continue Upward Movement?? VET Analysis Today💎 VET has been a notable focus in the financial market, recently achieving a breakthrough by surpassing a significant resistance area, marked by a strong green candle. Following this breakout, VET has entered a valid retesting phase at what was previously a key resistance, now acting as support. This development indicates a probability for continued upward movement, with our next target being the Bearish OB area.
💎 However, should VET struggle to achieve new highs and sustain its upward trajectory, it might retreat back to retest the support level around $0.0345 in an attempt to gather new momentum. If, during this retesting phase, VET fails to demonstrate a strong bounce or bullish candle confirmation, there’s a risk that it could lose this support level, leading it back towards the lower demand area of $0.0265.
💎 The $0.0265 demand area becomes crucial in this scenario. For VET to resume its upward journey, a strong rebound from this level is necessary, aiming to reclaim and sustain above the resistance level. Conversely, if VET shows a lack of strong response at this demand level, indicating a potential breakdown, it could signal a shift to a bearish trend, possibly leading VET towards a stronger support area.