VETUSDt entered in purple supply zoneVETUSDt trade corrected to -161.8% Fib as I predicted. Next we are going to see consolidation period in yellow zone area. Trade will move up as trade consolidation period will be ended. Next target will be 161.8% Fib. you can enter for buy position in purple supply zone or near -161.8 % Fib. Best of Luck.
VETUSDT
VET in a good buy positionVET has seen some big gains in the last month. After some correction, it finds itself at the bottom of a newly created simmetrical triangle. I think it’s a good entry point right now, provided the resistance holds.
I should clarify by now that all of my ideas are valid if BTC allows them. If it dips, most probably everything else will dip too, and this is where any idea falls off pretty quickly.
Good luck, and stay safe!
Not financial advice.
VET DAILY TRADE #22 -> DOUBLE DIP BUY .157!HIGH RISK!
VET is showing resilience. Most ALTs aren't overreacting to BTC. They are being bullishly reasonable. When BTC starts to go sideways for 4 hours ALTs take turns popping off.
Many ALTS that had breakouts in recent days are going down with BTC here only to bounce right back to where it broke out, ignoring previous resistance.
I like it!
I think there could be another chance at buying a .157 dip here, lets double dip!
The aggressive play here is SELL NOW and buy .157
Safe play is stop loss on your entry wherever you got it in the green zone. Be patient and see how BTC plays out, maybe we come up to target
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AGGRESSIVE ENTRY *HIGH RISK!!
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BUY: .156 - .158
TARGET: .187
STOP: .149
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Fundamentals
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Market Cap = $12,585,223,824
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VET-USDT-LONGVET seems to be showing a bullish sign of a breakout from triangle structure(where I have circled.) ↗▶🐮👍
Let's see if VET goes on this bull run with many other cryptos and goes to some of our bull targets depicted above.💹1️⃣2️⃣💲💲🐮
If VET falls we can expect to see go to bear target or possibly even lower depending on the market.1️⃣😲🐻🤸♂️💲💲
Talk of Elon Musk being on SNL is very huge (for whatever reason,) so I don't really expect a major drop in many coins, but this could be false..🤪🐶🕙🔊📯🖥🎉
VET is sort of a tracker to make sure things being sold on blockchain are legitimate, and has also been used for holders to earn staking profits.💲👍👌
A few big companies have teamed up with VetChain.👍👱♂️👨🦳👩⚕️👩🏭👨🔧
CMC and circulating supply ( from coinmarketcap.com)
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Market Cap $14,597,039,549.38
Circulating Supply: 64,315,576,989 VET
Max Supply: 86,712,634,466 VET
Total Supply: 86,712,634,466 VET
Invest at your own risk!
🛑🛑🛑This is never financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Thank you so much!!
Jazerbay ⭐
Vechain Bull Flag!!Vechain has been in a bit of a cooloff and bullflag since our huge run up, we had a false breakout of the bull flag and we are approaching the bottom also the 0.5 FIB level. I would like to see VET hold this level for our daily close tonight and start to push back up, as you know BTC will drag everything down but once BTC starts to settle ALTs are going to takeoff. We must watch the bollinger bands as we do not want to start riding the bottom band which is very bearish, BTC is actually already riding the bottom band and is falling pretty hard. The RSI bounced off the 50. point line but looks like we are starting to curve up a little. If we do fall hard with BTC i will be buying the dip i think Vechain is a crypto for the future! The MACD is falling but we are seeing some resistance from the red MACD lead, we are starting to even out and point sideways, we want to see the Blue MA flip the orange bullish to get that confirmation of a move up. Not financial advice just my opinion!
VETUSDTDetermining the future direction of the Vechain currency is determined by the triangle pattern
Although VET currency has shown itself very well and there are good comments about the future of this currency, but still it can not be said that the definitive path of the currency trend is upwards.
VET TO THE MOON !! BIG PICTUREHello,
As per the request from my members here is the vet analysis,
seems a little pullback is required to demand zone before marching on towards 1.50$
perfectly above the 20 daily moving average.
Cheers.
VE CHAIN VET CLEAN TECHNICAL ANALYSIS Looking at ve chain here on the 4hr time frame.
- Focusing on the outer structure and the bigger picture play happening with this coin we can see price has previously had a major impulsive leg to the upside reaching its most recent all time high.
- Since then price has been corrective in a bearish trend with price forming a symmetrical testing and respecting the trend lines on the upper and lower areas of the structure,
- Most recent price action shows that price has rejected the second touch of the outer triangle and had made an impulsive push to the lower part of the structure.
- Price is now currently in a bear flag continuation pattern. I am anticipating price to make a third touch to this pattern before making the continuation to the downside where there is a high probability of price testing the fib support area near the green box.
- There is also a possibility that price may confirm support at this current fib level located at the orange box area, after price may confirm support from these areas we may see and impulsive push to the upside if price breaks out of the symmetrical triangle.