VETUSDT
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 :)
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.
VETUSDt is near to cross its rangeHere is our short review of VETUSDT. We are waiting for mega shoot up. Trade still ranged bounded and perfectly follow pathway as I recommended before check our previous analysis for review. Trade entered in novel supply zone and we are near to cross range (yellow area) to move high up to touch our target $1 level.
VET DAILY TRADE #27 -> Mid range setup, buy .114Yesterdays trade got us 5% and leaves us hanging mid range.
If we can bounce on .114/.115 that would trigger a trade setup with a target of .133
Everything depends on bitcoin, so this basically bets that BTC doesn't fall under 35k.
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
==TRADE==
ENTRY = .114/.115 ONLY IF it bounces and stays above on 4h (may mean buying .116)
STOP = 4H close below .114
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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Perfect situationBased on my previous idea about btcusdt situation i see vet is going to move hard, the resistance line is an old strong resistance plus as i see there is a massive triangle
Wait for btcusdt then you can apply your setting on vet for greater rewards, however u need to consider the failure of your chosen assumption on direction cuases big losse so go by little money, at least u know reward is satisfying and the risk is basically controlled by money management, plus the chart looks perfect for tight stops
VET DAILY TRADE #26 -> Triangle FormingFor a number of ideas now I've had a descending channel and trades based around that. BTC is arguably in a symmetrical triangle, VET is following that lead and forming its own version, so those trend lines provide potential trade setups.
I'm leaning towards BTC getting bullish and testing the upside of this triangle, VET will follow. I don't think theres enough interest to break pattern. I will be looking for shorts at the top of this triangle.
If we can break and close above .113/.114 here on the 4H that would signal a move upwards.
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
==BREAKOUT TRADE==
ENTRY = Buy the 4H break and close of .114
STOP = 4H close below .114
==AGGRESSIVE TRADE==
ENTRY = on trend line, .0998 to .093
STOP = close below trend line
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VeChain (VETUSDT/VETBTC) Inverse Head & Shoulders Breakout LongIm taking a long here on VETBTC pair, as a small speculative position that I hope I can build into a larger hodl position if markets start to recover. Otherwise, I will be happy to treat it as a scalp and take whatever profits the markets offer. The reason Im taking this long trade is because VETBTC broke above the neckline of the inverse head and shoulders pattern, so theres a high probability that price will continue higher, so long as Bitcoin holds steady.
VECHAIN : VETBUSD COIL / SWING TRADEUSE CASES:
For Companies Interested in Carbon Reduction
VeChain's Digital Carbon Ecosystem is a ground-breaking blockchain and IoT powered carbon reduction platform which utilizes economic incentives to encourage both individual and enterprises to participate in the reduction of carbon emissions. As consumers engage in low-carbon behaviors (say, by purchasing low-carbon products), they earn a carbon reduction credit which can be redeemed for benefits from other ecosystem partners such as retailers or even financial services providers.
For Manufacturers of High-value Retail Products and FMCG
VeChain uses blockchain and Smart Tag(NFC/RFID/QR Code) to implement the traceability of retail products' entire lifecycle management. End consumers can check and verify a product's information via the VeChain Pro mobile app (or client-integrated SDK). The retail solution can also contribute to effective channel management, after-sales service, and convenient financial services such as insurance for high value goods.
For Manufacturers and Importers of Liquefied Natural Gas
The blockchain-based LNG solution can be used to keep track of the core data generated during the transportation, storage, and online-transaction of LNG. The data collected will be stored on the VeChainThor Blockchain, thus making it possible for data to be shared by the suppliers and users. The solution handles the quality assurance process including classification standards, weighing practices, and transportation process for different types of natural gas. All information will be uploaded to the VeChainThor Blockchain to establish credible industry standards per government mandates. From there, all aspects related to the data will be tracked, shared, and traded through the VeChainThor Blockchain, which will further regulate and improve the LNG market.
TRADE PLAN:
BUY ABOVE : 0.2215
STOP LOSS : 0.1840
TARGET PRICE : 0.4910
SOURCE : www.vechain.com
VIDEO REVIEW : Vechain: Why VET is SMASHING IT & What Next?!, COIN BUREAU
youtu.be
VET DAILY TRADE #25 -> Buy Setup 0.078Our last trade played out fantastically. Once BTC faltered at 40k you take profits, no need to be hodling any ALT here whilst BTC is still figuring its sugar out. Take profits and get out.
We are looking to do the same thing again, buy on the lower channel trend line.
I would like to see a wick below the channel, come back up and test. Looking for that confirmation before entering. Right now that extra confirmation is really important as each time BTC tests downwards it can potentially continue to capitulate. We don't want to have a buy order set for 0.078 only for BTC to wick downwards this time and not bounce!
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
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Fundamentals
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Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VET DAILY TRADE #24 -> Possible buy setup at 0.085I'm currently tracking the following long for VET if it can come down to 0.085 and use it as support. Looking for a bounce for confirmation.
Pity I cancelled yesterdays short as it would lineup nicely with how I'm reading BTC and this VET long setup.
BTC to 35k will bring us down to the buy zone and possibly below the channel. A distinct bounce here is the dream, a break below then pop back up and retest the channel would also be pretty neat. Because of the long wick that gives us the first touch of this pattern, I wont enter this trade straight away but look for confirmation via interaction with the lower channel line.
BTC is primed to invalidate this. A retest of 35k is likely to not be a simple and clean endeavor.
**THESE TRADES ARE FOR FUN AND NOT FINANCIAL ADVICE!!
--==--==--==--
Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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VeChain Daily Chart UpdateVeChain Update:
What an absolutely crazy couple of days. Remind me never to buy a Tesla.
At the moment of typing this, VeChain is still below its 50EMA on the daily chart. VET needs to eventually close a daily candle above this level and turn it into strong support.
VET is above its 200EMA.
At the moment of typing this, VET has found a support & resistance at its 100EMA. VET needs to close a daily candle above this level and turn it into strong support.
Notice that VeChain came close but never actually managed to drop & close below its Pitchfork Hagopian Line indicating that this longterm upwards Pitchfork Pattern is still valid.
At the moment of typing this, VeChain is still below its Bollinger Bands Middle Band Basis which is a 20 Period SMA. VET needs to eventually close a daily candle above this level and turn it into strong support.
The Bollinger Bands Lower Band is starting to curve sideways indicating volatility is slowing.
The Price has gone back above its LSMA and has closed a daily candle above this indicator yesterday.
The Chaikin Money Flow (CMF) is indicating VET is back in the Accumulation Zone and heading sideways with the CMF Line (Green Line) at 0.02.
The Average Directional Index/Directional Movement System (ADX DI) is indicating the -DI (Red Line) is at 26.2 still above its +DI (Green Line) which is at 12.2. The ADX (Yellow Line) a 36.8 still above its 9 Period EMA (White Line) which is at 32.2 indicating a strong trend but notice the +DI is pointing upwards and the -DI is pointing downwards so we may eventually see a +DI cross back above the -DI for renewed upwards positive momentum.
Notice that the Volume is increasing and is above its Volume 20MA (Orange Line).
During the recent Crypto drop, VeChain was one of the cryptos that was hit the worst but it is now showing signs of a possible strong recovery. It’s still too early to say for certain but a good sign for the entire crypto market will be if BTC manages to close a daily candle above $40.5K which is roughly where the 200MA is on the BTC daily chart and turn that level into strong support.
It should be an interesting 2 months for VeChain with POA2.0 and possible DHL & Government carbon projects on the horizon. Also, congrats if you managed to accumulate more VET at $0.05 - $0.1 during the drop.
I hope this is helpful with your Trading or Hodl-ing.
CMF
ADX DI