VETUSDT
Vechain | Breaking out of Falling Wedge..!!
VeChain is Breaking out of Falling Wedge in HTF Chart.
Seems like Correction phase almost Done & Ready for Bounce Back..📈
I have Already Bought a Heavy Bag of $VET for the Midterm..
Expecting 3x Bullish Rally Soon.
Patience is KEY and will be Rewarded. ✍️
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
✴️ VeChain Falling Wedge Opens 159% Potential Mid-TermThere are so many reversal signals here that it is hard to choose where to start...
Ok. Late December VeChain (VETUSDT) printed a DragonFly Doji candlestick.
This is the one with a small real body and a long lower wick/shadow.
When this candle shows up at new lows/support, it can be read as a strong reversal signal.
The fact that it is followed by a full green candle the next week, gives confirmation.
This current week also starting green gives additional strength.
This is a strong bullish reversal bias based on candlestick reading from the last three weekly candle.
The RSI hit a low and is now curving upwards.
We have very big falling wedge pattern breaking bullish.
The Red Ichimoku cloud is on top and prices are normally attracted to this cloud.
After years of bearish action, the resistance levels turned support need to be tested and thus we come to the following conclusion:
VeChain is set to move up.
First stop/target will be EMA21 or 0.382 Fib. extension at 0.02150-0.02240 for 25%.
Second stop/target for 53% will be 0.02679.
Third target almost reaching EMA50 at 0.03333 for a nice, ~90%.
Fourth and last target is the 1.618 Fib. extension level matching the weekly EMA100 blue line or 0.04530 for a great 159%.
That's the potential, now the risk.
The stop-loss can be used as a manual stop-loss, our preferred method, when an entire session closes below 0.01500. If this criteria takes place a buy can be closed.
Very low risk...
High potential for rewards.
Namaste.
VETUSD may drop even 80 % in this bear marketVETUSD looks mega bearish.
The price got rejected from the resistance multiple times.
To be honest, there's nothing bullish now on this chart. It looks like it can drop even 80 %, however there are multiple support levels that may hold.
In case of playing short position , we recommend taking profits at support levels (red lines).
Probably many persons will think that it's crazy to predict 80 % drop for VET, but remember, this is crypto and altcoins may go parabolic down in a bear market . Alts can reach crazy low levels before finding the bottom.
BTC.D looks like it wants to rise which is another reason why we expect altcoins to dump a lot.
VET SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the VET symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VET short termHello Birdies,
We have successfully plotted another coin on new strategy we are using. Let's get to the point.
As usual Green to buy and Red to Short as per price action.
Line-A is highly unlikely to be breached as there is still alot of liquidity at LINE-B.
If an only if line-B is breached we can see 70%-80% otherwise settle down at 30%.
VET IDEA HELLO GUYS THIS MY IDEA 💡ABOUT VETUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks
VeChain by Request (Easy Target 27% & More | 80%+)Here we have VeChain (VETUSDT) but this time a closer look compared to the previous analysis.
We have early signals of recovery as most of the cryptocurrency market is showing.
We have the 3 drops pattern or Inverse Head & Shoulders as well as a lower volume lower low, which all indicates the bears losing strength.
As the bears lose strength the bulls can enter the game.
The easy target is set around 25-28% in a range between the 0.618 Fib. and MA200.
Between 0.02400 - 0.02500.
Higher targets are possible depending how this upcoming bullish move develops.
I see 80%+ around 0.3531 reachable as well.
I hope that helps and thank you for your support, it is appreciated.
Namaste.
Are you ready VET? The market is probably ready for a pull back - but at the same time VET is (soon?) ready to break the long weekly downtrend. I think the risk reward "Long VET" right now is fantastic. See where the pull back take VET, set a stop loss and then ride. Hopefully you can use the trend line in the triangle as a support. Weekly close for VET could be a nice starting point for a long ride.
BTC, PYR, LINK, VET time to DCA?!Market can still capitulate and altcoins will in that case drop 40-50% or so. But lets assume that the market will recover fast. If the short time downside is 40-50% and the longtime upside is multiples...I don't think "waiting for the perfect entry" is the best choice. Don't wait to long to DCA into your favourite altcoins that you believe will survive the bear market. If the market suddenly turn bullish, you will quickly lose that big X-factor, upside (multiples to all time high) that the market offers you right now. Here are three of my favourite coins to DCA into - VET/PYR/LINK.
Not predicting, but preparing: VET/USDTNS 1.35.5.10
Shall I make this post public?
I ponder... well, dear {reader/trader/man/woman}, you will find out when you read these words, and the only one that ever may read them is me; if indeed, I do not publish them. So ponder that, and the dimensional illusions of the simulacram with which we control and surround ourselves. Indeed, ponder this for it is how we become the masters of domain and jurisdiction... in other words, if you are reading these words: Welcome fellow Wizard!
Here we have VET. The other day this chart for some reason came up as I was playing with Renko Bars, and put in a foolish(ly) leveraged trade which accordingly went bad, but fortunately with grit and patience, and through all the current, torrid, sky-is-falling bullshit, I saved it... a minimal loss. Of course, if my full wizard faculties would have been honed, I could've profited as I am writing these beautiful words of fate. As all better traders know, woulda-coulda-shmouda... be here now, project the future based on a past, which can be counted on to be dependable, occasionally.
Upon looking at the chart, I finally traveled timelines and expanded my cosmic view to larger horizons within the cube of 9.
I shall prepare my coordinates accordingly, and will be ready for blast-off. We shall see what occurs. Powerful wizards, the good ones, are ALWAYS prepared!
At this moment, as I gaze upon a sunny meadow, on a late autumn evening, in a quiet town of living men and women of the soil... I ponder... and I ponder... and I have pondered enough; so, since you are not only me reading these words anymore...
I shall bid adieu, and look forward to meeting you again. I bless you with peace, love, and abundance.
VeChain | Not Ready, Not Yet (Wait For Me)What you see here is a strong downtrend.
The chart looks just like Bitcoin.
We have a weekly rejection at EMA10.
The bias is bearish so VETUSDT is looking for a new support.
CHANGE
Only after prices move and close weekly above EMA10 can we consider the bullish bias, right now it aims lower.
Wait for my timing.
Wait for my signal.
We are waiting for the bottom to settle.
Once the bottom is settled marketwide, there will be countless opportunities, many good long-term bullish charts will develop.
I will share these charts with great numbers for you.
Patiend is key.
Thanks for your enthusiam and support.
Namaste.