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VETUSDT

VET - 12h. In a step before a powerful fall wave?Hello everyone. For almost a month, the VET market continues to consolidate, in which market participants are trying to gain positions before the next impulse. The main question that arises for us is in which direction will this powerful impulse , which is about to begin to emerge? On the one hand, we see a powerful wave of growth, after which a shallow correction began. This fact indicates a high probability of the continuation of the growth trend. However, if you pay attention to the history of the VETUSDT price movement, you can see a similar situation in February 2021. On the chart, we copied the fractal from this segment of the chart and transferred it to the current situation. As you can see, this scenario looks quite realistic. In addition, if we build a global growth channel, from which the VET price jumped out in April 2021, we see a likely collapse of the VET market can stop at the lower trend line: If we look at the situation and ignore the fractal, we see that the VETUSD price is preparing to exit the triangle . The lower trendline of the triangle also serves as the trendline of the growth channel, which buyers have been holding since February 2021. The current wave of growth, within the triangle, is happening without much enthusiasm from buyers: This can be seen from the trading volume and the growth pattern. The breaking of the lower trend line of the triangle will trigger the triggering of a large number of stop orders of buyers who bought VET during the previous 2 months. This volume of long positions, which starts to sell at the market price, could trigger a powerful wave of decline with the first stop at $0.17. If the triangle is broken upwards, we will wait for the retest of the mark of $0.22 . If buyers after the breakdown of the triangle upwards hold this mark, this idea will become irrelevant and it will be necessary to buy VET. P.S. Our previous idea for Vechain had two scenarios. So far, buyers have failed to implement a positive scenario. _______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
62
VET DAILY TRADE #19 -> keep calm and accumulate!If you don't have the money, STAY OUT! ONLY ACCUMULATE HERE IF YOU CAN AFFORD TO! We are at the 50K Niagara falls cliff edge, staring down at the bottom and asking ourselves, "Is 50K now the top? Will we ever see 64k again? Is this the end of the bullrun?" Nobody has a crystal ball, I don't know what can happen here. News and sentiment is currently moving the market. In these cases I can do TA up the wazoo but its not gonna do much. Technical analysis warned us we could come down here, but the TA doesn't necessarily tell us about 46k, or any further moves down. The TA doesn't warn us of the complete drivel that Elon excretes from his deplorable orifice some call a mouth. It takes serious cajones to buy here. It takes conviction formed from research and hours put in. It also takes disposable income! The best entry was timing the dip, which is hard, .17 and .165 was the play. But that's done and dusted and here we are. If you believe in us ranging in a channel of 50 to 60k, you buy here. Accumulate. It may also be worth waiting 24 hours and see where we end up. --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
2
VET DAILY TRADE #18 -> High Risk Wednesday!Todays trade is VERY HIGH RISK I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness. In this recent uptrend I don't think VET has been particularly bullish, just religiously following BTC price. Its possible that even if BTC ticks all the boxes for this trade, that VET may not even hit .223 High risk mild reward... lmao -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: .207 - .209 TARGET: .223 STOP: .2 -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
4
VET DAILY TRADE #17 -> AccumulationYesterday I mentioned accumulation as a possible strategy. I think that applies again today. The problem with entries here is the reality of getting it in my green buy zone is, its likely VET doesn't slowly get there, or even accurately hits that zone. If VET gets to that buy zone it will be because BTC dumps, if BTC dumps, its coming down 51k to 53k before looking at bouncing. In which case that buy zone may be where VET eventually evens out to 4 to 8 hours after BTC finds its bottom. There's so much risk here for short term trades, which is why taking a longer time frame accumulation strategy could be a healthier approach. BTC is still bullish, we are still in a bull market. Even if we hit 50k BTC, all it would be doing is trading in a zone. How confident are you in .35 VET targets? Have you DYOR? If you're bullish imo you accumulate here. -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: accumulate .187 TARGET: .279 STOP: .153 -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==-- **Don't accumulate here if you cant afford to
Long
by tommytoan11
3
VET DAILY TRADE #16 -> RETEST ENTRY no2 - The RetesteningVET broke resistance again, another breakout essentially, now looking to retest resistance. BTC will determine whether this is is a fakeout or not. VET is still being influenced greatly by BTC price action, we aren't seeing a ton of trading pair separation. I will say I think BTC is showing a short term trend reverse after failing 59k again, I think testing trend line I have at around 57.5k is more likely today, which may bring VET below this resistance again. The safe play today could be buying in the support cloud at .217 Another strategy here, which I'm taking, is just accumulation. Let your entry ride, buy more at the retest, buy more if we hit the support at .217. -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: .224 to .225 TARGET: .279 STOP: 4H close below .217 support -=-=-=-=-=-=- --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
8