The key is whether the price can be maintained above 0.03175Hello traders!
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(VETUSDT chart)
(1D chart)
As it rises above 0.02776, I think the possibility of a full-fledged upward trend has increased.
However, since the long-term moving average is still reversed, the key is whether the price can be maintained around 0.03175.
If that happens, it is expected to rise above 0.04757-0.05385 and escape the bottom range.
If it falls below 0.03014-0.03175,
1st: 0.02776
2nd: 0.02110
You need to check if you receive support near the first and second levels above.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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VETUSDT
VET/USDT Bracing for Potential Breakthrough Resistance? 👀 🚀💎 Paradisers, focus on #VETUSDT as it showcases a promising development. The asset is approaching a crucial resistance level, with strong indications of an upward movement on breaching this barrier.
💎 Reflecting on #VeChain recent market behavior, it has consistently followed a descending channel pattern. Recently, it broke above this channel and is now gearing up to challenge the resistance at the $0.03793 zone. There’s a significant likelihood that NYSE:VET will embark on an upward journey, aiming to overcome this major resistance.
💎 #VET traders should remain versatile and ready for different outcomes. If it fails to sustain its upward trajectory and dips below the current demand level of $0.02741, the market's direction could shift. Traders may then need to pivot their focus towards a bullish recovery from a slightly lower demand level of $0.02653.
💎 Crucially, a fall below this lower demand level would be a signal to reassess the situation. Such a development could indicate challenges in maintaining the bullish trend, requiring a strategic reevaluation of the market approach. 🌴💰
VET/USDT Bullish Outlook from Key Support Level? 👀 🚀VeChain💎 Paradisers, focus on #VETUSDT as it displays a promising pattern. The asset is currently maintaining a critical support level and is gearing up for a potential bullish movement.
💎#VeChain has shown a tendency to follow a descending trendline, breaking above it to initiate an upward trajectory. Presently, after retesting the trendline, it is demonstrating strong momentum at the key support level of $.02125. A break above the resistance at $.02188 could significantly increase the chances of a robust bullish movement. Should this upward momentum be sustained, NYSE:VET is set to target the resistance level at $.02262, with the possibility of extending to challenge further resistance at $.02372
💎 It’s also essential to be prepared for the scenario where #VET might fall below the support level of $.02123. In such an event, a bullish rebound from a lower support level of $.02071 could be expected. However, a descent below this level might raise questions about the sustainability of the bullish trend.
💎 In this dynamic trading environment, strategic insight and informed decision-making are crucial. Crafting a comprehensive trading strategy that encompasses effective money management and a thorough grasp of support and resistance levels is key to securing successful trading outcomes. 🌴💰
VET/USDT Break alert, Bullish Momentum ?? Vechain Analysis Today💎 VET has successfully break the resistance trendline of its descending pattern, and we're looking for a daily close above this trendline to confirm the breakout.
💎 A corrective phase for retesting the newly established support trendline is expected before VET continues its upward trajectory.
💎 Historically, VET has twice rebounded from a strong demand zone. The first bounce saw a modest 13% uptick before retracing back to the demand area. On the second occasion, VET surged with a strong Marubozu green candle and confirmed a breakout two days later. This sets the stage for bullish momentum in VET's short-term movement.
💎 The bullish outlook would be invalidated if VET's daily candle closes below the strong demand zone
VetUsdtWei China is a good project that has had good cooperation, but it has not yet reached its real growth
It can face goat growths especially during halving.
It is better to buy spot instead of futures, which provides you with good profits by maintaining the ability.
Vet can going up to top channel on shorti time after pullback to middle channel.
Good luck
EntryPoint:
0.02595
0.02457
0.02350
Supports:
0.02290
0.02100
0.01925
0.01760
0.01572
0.01394
Resistance"
0.02800
Targets:
0.03434
0.03821
0.04454
MidTime:
0.05941
0.07323
0.09464
HODL:
0.12464
0.15500
0.20108
0.26820
0.32030
GOAL:
0.42720
GL
Brief Analysis——VETToday our analysis target is VET. We have analyzed VET a few weeks ago. Now that its price is back near the highs again, let's see what will happen.
VET is the token of project vechain, a smart contract platform focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to facilitate the process. Founded in 2015, it is a old project. Under such circumstances, many old holders will not care about the token, but new holders will not be interested in it. So more holders are whales or project parties.
You can see that we have marked three periods of rise with three green intervals.
First, let's look at the first green interval. This is a classic whale-rise. The VET rise was accompanied by whale inflows until the correction started. There were no destructive candles during the correction. In such a case, the bullish trend will not end.
Subsequently, consistent with the reflection of WTA indicators, there was a second round of rise. But as VET reached 0.023, there were very few blue columns representing whales. This shows that at this stage, the original whales began to gradually take profits during the rise of VET. If you regularly use our WTA indicator, you know that a bullish trend will be terminated after a destructive candle. So VET fell rapidly afterwards and returned to the black dotted line (the starting point of the rise).
Then VET started to rise again, but like the second green interval, the blue column representing the whale did not appear. After the price moved back near its highs, the bears began to gain strength.
Therefore, if VET does not have whale support, if a long rainbow candle appears again today, it is very likely to end the upward trend again.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
VET/USDT - VeChain: TrendLine Touch◳◱ On the $VET/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.02289 | 0.02433 | 0.02733 and support near 0.01989 | 0.01833 | 0.01533. Entering trades at 0.02019 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: VeChain
▣ Rank: 43
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: VeChain is a smart contract platform focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to facilitate the process. Its goal is to leverage distributed ledger technology to streamline these operations and information flow for complicated supply chains. VeChain Token (VET) and VeChainThor Energy (VTHO) are the two tokens on the Vechain network. The former is used to relay value across VeChain's network, while the latter is utilized to power smart contract transactions as energy or "gas." The VeChain platform claims to give authorized stakeholders with a total view of critical information related to a product and its business processes (i.e storage, transit, supply and authenticity) as well as increase market transparency.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.02019 ₮
▣ 24HVol: 13,662,933.138 ₮
▣ 24H Chng: -4.674%
▣ 7-Days Chng: -7.77%
▣ 1-Month Chng: 8.65%
▣ 3-Months Chng: 27.17%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.02289 | 0.02433 | 0.02733
◢ Support: 0.01989 | 0.01833 | 0.01533
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 3.44
▣ Last 90D: 1.90
▣ Last 1-Y: 0.38
▣ Last 3-Y: 0.70
◲◰ Volatility :
▣ Last 30D: 0.59
▣ Last 90D: 0.51
▣ Last 1-Y: 0.63
▣ Last 3-Y: 1.15
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.60 - Bullish
▣ In-depth VETUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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VET/USDT Uptrend Within the Ascending Channel? 👀 🚀 💎 VETUSDT has been on a steady climb, securely navigating within an ascending channel, signaling a strong likelihood of continued upward momentum.
💎 Currently, the price is retesting the lower boundary of this channel, presenting a significant chance for a bullish move. A critical point to consider is if the price breaches the lower boundary, a bullish strategy from the demand level may be initiated, with a break below potentially leading to a notable downturn. In this scenario, the interplay of probabilities and mathematics becomes crucial, offering a clear view of the risk-reward landscape for investors.
💎 As long as VETUSDT sustains its position above the demand zone, our MCP team foresees a potential rebound in its value. A definitive bullish signal would be the breach of the recent high at $.2168, marking a strategic entry point for market participants. Following such a breakout, we expect the price to approach one of our identified resistance levels, as outlined in our chart analysis. Notably, the second resistance level coincides with the upper limit of the extended ascending channel, potentially acting as a target for profit realization in the event of a sustained uptrend.
💎Paradisers, we remain vigilant for the establishment of a new higher high, a development that would likely usher in the next phase of the uptrend
VetUsdtVeChain is good Alt for Bullrun
Thsi analyse for Big Picture on bullrun and this cycle but for entry point or close point use for short time
but this is for Spot trader
GL
EntryPoint:
0.02191
0.02098
0.01995
0.01920
Supports:
0.01755
0.01575
0.01475
Resistance:
0.02383
Targets:
0.02800
0.03430
0.03823
0.04456
Midtime:
0.05940
0.07294
0.09465
HODL:
0.12619
0.15492
0.20103
0.26802
GOALS:
0.31987
0.42647
GL
SasanSeifi 💁♂15% Price Growth as per Latest Analysis 🔥Well, as you can see from the latest analysis, the price has made a pretty impressive 15% jump, almost hitting that second target of $0.020. Right now, it's trading in a range around $0.018.✅🚀
💹What we're hoping for is that, after this period of range-bound action or maybe a little correction, once the pullback process is all wrapped up and confirmed, we might just see it making a sweet move up to the liquidity zone at $0.021/$0.022. You can even check out the possible trends in that chart up there.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
VeChain (VET) Emergence Of A Bullish Trend.VeChain (VET)
The local trend for VET seems somewhat uncertain. The asset is now trading between a support zone of $0.0158-$0.0164 and a resistance level of $0.0175-$0.0180.
If it moves beyond this bracket upwards, VET might target the seller-dominated range at $0.0186-$0.0190, with a shot at solidifying its position above the psychological $0.0200 mark. This would suggest the emergence of a bullish trend.
VET is highly correlated with the BTC, especially during declines. As such, any downtick in BTC tends to ripple into VeChain's trajectory. Beneath the present support threshold, seller momentum gathers at $0.0155, dipping further to the monthly low at around $0.0146.
VET/USDT bullish horizons? 👀 🚀 VET Today analysis💎 Paradisers, set your sights on VETUSDT as it approaches a resistance level, signaling an elevated likelihood of a bullish ascent.
💎 In our previous observations, veChain successfully broke free from a descending channel. Following a brief pullback, it embarked on a bullish trajectory. Currently, it's grappling with the resistance at 0.01937.
💎 Should it surpass this level, there's a strong probability it will challenge the above resistance once more. Alternatively, there's potential for it to harness bullish momentum from the demand zone at 0.01820.
💎 However, if it dips below this demand zone, the scales tip towards increased downward potential, likely leading the price to revisit the robust support level.
VET/USDT has a Good Run 👀 🚀| What's Next for VeChain?💎Yello Paradisers! Turn your gaze to VETUSDT. It's currently navigating within a demand zone, hinting at a possible bullish shift.
💎For quite some time, VET has been maneuvering within a descending channel. As of now, there is a high probability that VET will see a bull run to the Bearish OB and the supply zone due to volume surge.
💎If VET manages to cross the .0193 mark due to its Position in the demand zone and huge volume, the bullish probability will strengthen. While noobs might think of shorting around this level, it's prudent to see the bigger picture.
💎On the other hand, if VET descends below the .01820 demand mark, it might be gearing up to touch a more robust support zone. As always, keep your eyes peeled and strategize with foresight.
💎Sharpen your trading decisions for VeChain with ParadiseFamilyVIP. Immerse yourself in our expert analyses on VET and other potential tokens, refining your crypto approach.
VET ANALYSIS (4H TF)We are still on the green zone of the previous analysis. But according to the recent data we have on the chart, we can recognize an ABC wave that we are now inside a B wave, which is a diametric.
The g wave can end somewhere between the 0.718 fibo and 100% of the a wave. We have updated the green range compared to the previous analysis.
If the price returns to the green area, it is a buy/long opportunity.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
VET/USDT WHAT NEXT? 👀 VET Today Analysis💎Paradisers, turn your attention to VET/USDT as it showcases a compelling trajectory, currently navigating within a descending channel and setting the stage for potential outcomes.
💎In the past, vechain broke free from its descending channel, embarking on an upward trend. However, after facing rejection at a higher resistance, it has once again aligned with the descending channel pattern.
💎 At this moment, it's revisiting the channel's support, hinting at two possible scenarios: Firstly, if the price upholds the 0.01600 support, we could see a bullish ascent towards our anticipated resistance level. Conversely, should the price dip below this support, we're confident it might gravitate towards the daily support once again.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
SasanSeifi 💁♂VET/ USDT DAILYHey there! By analyzing the VET chart in the daily time frame, as you can see, after a period of growth, the price has experienced a minor correction, and it's currently trading in the price range of 0.017 after coming down from the 0.018 range. In the daily time frame, the expectation is that, with the maintenance of the price range between 0.016 and 0.1530, the price may experience growth toward the liquidity zone at 0.01850. To better understand the continuation of the price movement, we need to observe how the price reacts at the crucial resistance zone of 0.018. It's possible that, upon confirmation, we might witness a rejection of the price. The potential scenarios are also indicated in the image above. Additionally, if the price manages to establish itself above the 0.018 range, the target range of 0.020 could be considered.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
VET target 0.192h time frame
-
VET broke and retested the falling wedge structure, it also got support at 0.618 Fibonacci Retracement, which is good to accumulate momentum. Last step VET need to maintain pumping momentum is to go above 0.0174. With breaking above previous high, this wedge could be regarded as continuation structure, and targets as below.
TP: 0.019~0.0195 / 0.0198
SL: 0.0164