VETUSDT
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.
VeChain Weekend 1h Chart PredictionLooking for a reversal as VET is approaching a recent and tested area of support
Market is in an oversold region waiting for double bottom to enter and go Long
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
Tell me your ideas. Like and Share
VET.X May Have Reached its Selling PointIt appears VET.X has finished it's parabolic step pattern and has reached it's selling point. In most parabolic patterns, the asset will retrace back to step 3. Be careful up here!
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.
Food for thoughts 07-06 VETDecisive moment.. If we breakout of the ascending triangle, we could see a nice rally. BTC pair also looks juicy.
But.. BTC doens't look that good a.t.m..
We need some nice momentum, or else we all fall down and the set-up is invalidated.
Where is VET going 👇👆🤷♂️Just to keep track on my own investment ( im long and stacking )
So this is just to see for myself how its reacting ..
Are we going to have a break out for the upside or downside , i guess we will see.
If your not in and wanna trade this one, then wait for the break out or wait until you get your confirmation on the way its gonna go
Marttin
VeChain - Time to BUY!Hey traders,
Everything is marked on chart!
Do not forget to use Stop loss.
Please like and share.
Thank you.
VET looks good for Long trade Hi , this is my 1st technical analysis and its gave me profit yesterday so i would like to share why i choose this coin
reason :
1.20 MA moving above 50MA
2.can see a bullish hammer candle (hammer stays above 33%) follow by big green candle
3.following uptrend in 4hr time frame
4.touched 20MA line before confirming the entry of 0.125 dollar
above conditions are satisfied
stop loss :
lower then previous lower low of 0.11742 dollar ( wick plus ATR value )
NOTES :
my expected target of 0.15 reached in 28 hours from entry ,
Even elon FUD didnt affect the stoploss , looks good and strong till now
Vechain(VET) Update: Test and Break above 200SMA Vechain(VET) Update: Test and Break above 200SMA, potential 150% Gain from Buy Zone @ 23.60% Fibs ($0.13) to the 127.20% Fibonacci level at $0.33. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below
Vechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :)
Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below.
Update 30/03/21
Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10.
Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target.
See previous analysis below. Happy Trading :)
$VET #Hodl
Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
$VETUSDT Vechain entry PTs .067-.084-.13 Target PTs .18-.25DOUBLE TOP FORMING A DESCENDING TRIANGLE, MIDDLE OF SUPPORT AND RESISTANCE LEVELS
VET potencial break out pointWhile pondering the current market situation and having the undertanding that BTC is the market leader in terms of movement and momentum (not limited to these features, ofc ), I'm expecting something to similar to what I've drawn in the chart. It follows till certain point the fibonacci retracment levels and in view of the BTC rise in the next couple of weeks there is maybe some room for oportunity. However I'm not confident that it will break the previous ATH , so beware of a dump when RSI levels rises.
Leave some feedback and if I did some mistake, interpreted something wrong point it out in the comments so I can rectify it.
VET LONGAll alts are showing an upward trend breakout except for btc. In Vet's case, there's an ascending triangle, 2 inverted heads and shoulders pattern, and obvious cup and handle patterns.
