VeChain Falling wedge Vechain at the 4 o'clock shows on the bigger picture a Broadening Wedge where the top has already attempted a breakout but the support (formerly resistance) has failed to hold. The Bears were somewhat represented about that and managed to bring the price down quite a bit. Now that an M pattern (bearish) is visible in the possible falling wedge formation, I am extra careful to see if the Bulls can keep the support.
You also see on the RSI that in addition to the hidden bearish divergence on which the price has already fallen, the RSI makes higher bottoms and the price (on the bodies) is falling, which means that there is bullish divergence. The divergence could give the Bulls a chance to move up again and further extra confirm the falling wedge formation, the price must not fall further otherwise divergence is eliminated.
if there is a breakout to the upside on the Falling wedge, the bulls could seek resistance towards $0.14 again.
But if we break through the current support, a further decline towards $0.093 is quite possible.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
VETUSDT
VETUSDT BULLISH SIGNAL UPDATE!!As you all know, VET is not performing well from last 2 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation is also nearly there and also indicators giving bullish signal.
MID-Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTCCRASH
HOLD TIME 3-4 Weeks
Happy Trading :)
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
VET to ~$.50 range or higherWe would all love to see $.50+... However, I'm cool with this amount of hopium... for now! ;)
VET Back in the descending triangle - Wait for the breakout!Here's a quick look at VET 6 hr chart. As we can see, the price broke out previously but has now broken back into the descending triangle due to the Bitcoin crash. The price is now in the descending triangle and the idea is to buy when the price breaks back above the falling wedge .
The best entry would definitely be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedgel and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.137$
2. 0.147$
3. 0.154$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
VET/USDT Next Targerts!!!BINANCE:VETUSDT
Hi guys it's me dani i'm here to share with my new prédiction of VET , this coin is bouncing upwards in August 14th VET cross up the MA 128 and today we confirm a new Bullish run , i set a buy here with 5% of my total bag and i will 25% in each TP ( we have 4 TP) and for STP i will fix it in 25% to protect my wallet in case the market goes down . i hope this trade will help to increase your wallet and don't forget to follow me and share my idea with freinds/family it's free and i will be very thankful .
Good Luck
VETUSDT (VeChain) - Coin of the WeekVeChain (VET) is a blockchain-powered supply chain platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.
Technically, VeChain reached the resistance area at 0.15 USDT. Here, we see 2 possible scenarios for this cryptocurrency. The first one is a retracement to the blue trendline marked on the chart and then a continuation to the upside and the second scenario is a small consolidation at the resistance level before continuing higher. If the price breaks the blue trendline we have to study the price structure as a bigger correction may be playing out.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
VET on the move for new all time highs soon! Target Min 30c!VET on the move for new all-time highs soon!
Made some nice gains already today on VeChain, I see this baby continuing to go up for the remainder of 2021 with a wave 5 target between $1 to 1,40 by end of the year.
I am trading this in the short term and have these targets over the next 4 to 6 weeks:
1. 19c
2. 24c
3. 34c (possibly up to 40c region depending how much fomo this gets and should Bitcoin breaks out to new highs)
STEP 1 ->>>>>>>>>> The next VET objective is to break above its 6 Aug high of 14,4c and then this should rally to 19c in no time, expect a decent retracement then with much profit-taking as a lot of traders are looking at that level.
STEP 2 ->>>>>>>>>> following a break about above 20c we then expect to see the next consolidation at all-time highs between 24c to 28c. Sell any tests of the higher end of this range.
A good risk-reward target is therefore 30c and then I would look for a more sizeable couple-week retrace before entering again for the next leg up. As long as bitcoin plays the game VET will outperform bitcoin for the rest of 2021.
Good luck traders and remember to DYOR!
VETUSDT 1DThe uptrend channel was broken and could not overcome its resistance and the price fell
It took a while and the price returned to the channel, but due to the price action obstacles, it seems difficult to cross the channel.
A monthly resistance at $ 0.15 could be the next ceiling
Of course, the price does not have enough power to pass this price
And it seems to return to its support at 0.11
VETUSDT (1D CHART) - Cup and Handle PatternVETUSDT (1D CHART) Technical Analysis Update
Cup and Handle Pattern
VETUSDT currently trading at $0.145
Buy-level: Above $0.144
Stop loss: Below $0.112
Target 1: $0.174
Target 2: $0.213
Target 3: $0.249
target 4: $0.279
Max Leverage: 2x
ALWAYS KEEP STOP LOSS..
VETUSDT TECHNICAL ANALYSISVeChain Announcing The VeChain Community Discord Server Launch Event and AMA!
At VeChain, we are incredibly proud to have amassed such a huge community since entering the public blockchain space in 2017. With over 400k Twitter subscribers, 200k+ Reddit subscribers and around 45k subscribers across our Telegram Channels, VeChain’s social media channels are bustling. To facilitate further community growth and provide an even more engaging community ecosystem experience, we have decided to launch the VeChain Community Discord Server on Friday, 3 September!
Discord is a place where topics and communities are easy to see and easy to participate in. dApps, information and discussions about VeChain, its technologies and its wider ecosystem come together in one readily accessible place, creating a more cohesive user experience. The Discord will also offer casual and off-topic channels, offering a place for the VeFam to bond and hangout over non-VeChain related topics!
And because no launch would be right without a celebration - we’re holding an event!
This news may help for fundamental analysis.
How about TECHNICAL ANALYSIS?
We got signals from @EngineeringRobo and the candle already break out down trend-line and next candle completely open-close above the down trend-line. Not only that, the candles break-out resistance line as well. Also, MA has gave us signal as well. It may gain up approximately 75% if the candles stay above to up trend-line.
"NFA"