VETUSDT
VETUSDBINANCE:VETUSD is neutral-bearish and holding position above long term uptrend line. Decision time in the next few days.
Steps to take:
Buy at trendline support OR first horizontal support line OR multiple buy signals
Take profit areas are .10 > .15 > .24 resistance zones. One method is to take 30% profit at each zone.
Not financial advice, trade at your own risk
Vechain (VET) - 3D. We are waiting for the test of the ATHThe unstable situation in the cryptocurrency market , a sharp change in investor sentiment and fear of the continuation of a total fall in prices motivated us to update our global forecast for the Vechain coin . We remember that in a completely opposite situation on the market, when everyone believed exclusively in the continuation of the cryptocurrency market without corrective growth, we published our previous VETUSDT market forecast . Below you can check How clearly the idea worked (the result of the market fall by more than 70%):
Today we decided to continue looking for relevant mid-term scenarios and built a new fractal . Of course, it is unreasonable to rely only on a part of the schedule that is somewhat reminiscent of the current situation. Therefore, below there will be other arguments for such a positive scenario.
We'll start by looking at the 4 hour timeframe . As you can see in the chart, buyers are carefully holding the price and increasing their positions in the range of $0.66-0.75. Even if we assume that the VET market will continue to fall, then the correction of the previous fall wave is still incomplete:
The increase in trading volumes in the range of $0.66-0.75 and the unsuccessful attempt of sellers to gain a foothold below this liquid zone indicate that the consolidation in the VET market has not yet been completed. From the local perspective, we expect the price to rise in the range of $0.116-0.12
Given the strength of the previous wave of decline, the continuation of the medium-term upward or downward movement of the VET price is impossible without increasing positions by market participants. Therefore, by mid-summer, we will expect further consolidation in the VET market.
If we analyze the VETBTC chart , we see that sellers were trying to gain a foothold below the global range 0.000002-0.00000236. However, their attempt ended with a false breakout:
The current attempt by sellers to break through this range looks much weaker, which signals the weakness of sellers in this price range. As a result, a consolidation triangle is also formed on the VETBTC chart
Fixing the price above the 0.000002-0.00000236 range will signal the beginning of a new wave of growth in the VET market.
An alternative scenario of a complete collapse of the VET price, we will consider only when the price fixes below $ 0.05
VeChain Breaking Out ?As you can see in the bar pattern, vet is heading for it's support line, there's a chance it'll test the 0.88$ resistance level, and fails to it's 0.066$ support level, breaking it will lead to a 0.046$ support level, after that we might see a huge buying demande, leading to it's breakout reaching the two resistance levels at 0.072$ and 0.092$, after that we might see a price between 0.13$- 0.15$ and maybe 0.1673$ as fibonacci levels.
VETUSDT D1: 1350% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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VETUSDT D1: 1350% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: VETUSDT 1days/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 3-6 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 0.05
::: entry - after 40% CORRECTION
::: up to 1350% gains possible later
::: short-term pullback/correction
::: correction/pullback NOW
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +1350% gains
::: details: see chart
::: FINAL TP is 1350% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +1350% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
VET IN GOOD LOCATION FOR A BUYVet is currently in a good location for a buy. Buying some in at support and would be adding to my position after the breakout. My stop loss is below the support to avoid stop hunting wicks
VeChain (VETUSDT) - Coin of the WeekVeChain (VET) is a supply chain platform based on blockchain technology. VeChain was founded in 2015 and debuted in June 2016. Its goal is to establish an ecosystem that uses distributed governance and Internet of Things (IoT) technologies to tackle some of the most pressing supply chain management issues.
The platform manages and creates value using two in-house currencies, VET and VTHO, which are based on the VeChainThor public blockchain. The goal is to improve supply chain efficiency, traceability, and transparency while lowering costs and giving individual users greater control.
Technically, this pair follows the price structure of the big market cap cryptocurrencies. We had an uptrend that reached a price at the top of 0,28 USDT followed by a brutal market correction. If we go to the 4h timeframe we can see the price trading between the resistance and support area. Even if the price goes to the upside and reaches the resistance area once again, if we don’t have a true breakout of the blue trendline marked on the chart, the high probability move is a reversal and continuation to the downside.
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 - Weak (As you asked)Honestly, VET doesn't look good at all.
It's pushing down the Bollinger Bands. Breaking Fib's support and also changing the 4H support to lower prices.
Again looking at the buy/sell volumes, we can see STRONG sell volumes on all platforms.
I wouldn't open any long positions myself. looks super risky and weak
Current Market Price: $0.1141
Good Luck
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VETUSDt still in tight rangeTrade is still in the range shooing now signs of boost up. It will go up as we crosses range (0.14-0.06 level) For short term buy entries you can enter in purple suggested area and close around 0.14 level. For long term , enter around Purple area then wait to hit target point which can take several months. Share your ideas about VETUSDt if your are not agree with my idea. GOOD luck
#VETUSDT using Thunder Cloud Suite.NOT TRADING ADVICE:
So I decided to mess around with a few indicators to see how easy it would be to scalp small price movements Using Thunder cloud Suite and Over Bought/Sold indicators. This works on pretty much any Time Frame, but is generally intended for shorter time frames like 1, 5, 15 minute. Obviously the more volume (money) you have the more beneficial. The yellow change of direction on the OB/S indicator is NOT a trigger you should use because if you apply it to a chart and look there are "fake outs" in price action that can send it back down (or up), despite the yellow COD indicator. Similarly, Buy/Sell indicators are perilous for the same reason. That's why I paired the Indicator with Thunder Cloud Suite, to determine Average crossovers, that better dictate a change of direction helping the user to buy/sell more efficiently and not lose or miss out on gains.
ADDITIONALLY: Learning candles is HUGELY (Bigly heh) beneficial to this method, as Candle patterns indicate price direction (generally). Wicks, dojis, Hammers, Hangman, Gravestones, etc. etc. If you follow the buy/sell indicators back through the chart take note of which Candle(s) or patterns of candles appear before a jump or drop. You'll be delightfully surprised that these candles become predictable, and that using clouds and other indicators can give you buy signals "before" the buy signal on the indicator.
Not using Ichi style indicators would make this doable, but less accurate (imo). A potential addition would be to add a Volume indicator to see if the focus stock/coin was gaining volume for a jump or dump. Anywhoooo, Hope this helps people who aren't trying to write their own scripts use some of the provided scripts to have fun while we wait for #BTC to do whatever it's going to do.