VET is still very bullish!Hey guys, if you followed my previous TA you made a lot of profits. Congrats with that. So whats next for VET?
- VET is still on a higher timeframes in a uptrend. Remember that the trend is your friend.
- We finally managed to break the 200 EMA.
- Plus were moving in my Brown box with decent volume.
- We didnt break out of the Brown box. But eventually we will…
- After that we could move to the next resistance at 0,03385.
Greet times and profit ahead! Leave me a like and follow me to keep updated!
VETUSDT
VeChain (VET) - already 97% performance, more to come!#VET / USDT TA Update:-
$VET currently trading at $0.030
Our CTT (Coinlion Trend Trader) Indicator told us to enter VET at $0.01811.
VET broke the descending channel (since may 2022) around $0.02451 and give us then a 65% growth potential.
We still have 23% growth potential.
Our entry point (01/11/2023) : $0.01811
Target point : $0.039 (140% profit)
What do you think ?
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Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
- You can see it in action if you want
If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know.
Thank you.
VET VeChain Crazy Cup & Handle Pattern FractalI think this one's out there but so interesting...
A cup and handle that's proved to have happened inside a much bigger cup & handle that's setting out to happen in the next bull run. Time-wise the PA must reach close to ATH this year and then it's game on.
There's so much going in the chart. The target for the cup & handle falls on the backwards 0.618 fib level, which is one more strong confluence. I could go on about all the confluences but I need the crazy side of me tamed this fine monday morning.
This is not financial advice. I'm a monkey with a TV membership.
$VET/#USDT [#VeChain]: Resistance_BreakoutHey traders, we've identified a Resistance Breakout on the $VET / $USDT chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.02593 | 0.02829 | 0.03221 and the major support zones are respectively at 0.02201 | 0.02045 | 0.01653. It is a bullish indication and we may consider entering at the current price zone at 0.02546 and targetting higher levels.
Technical Metrics :
Current price: 0.02546
24H Volume: 13,255,198.8164 ₮
24H Price change: 8.433%
- Pivot Points - Levels :
Resistance: 0.02593 | 0.02829 | 0.03221
Support: 0.02201 | 0.02045 | 0.01653
Indicators recommandation :
Oscillators: SELL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- 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!
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VET LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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 $LongAvg: 0.0257
9;29 PM 2/9/23
Purchased above this key resistance turned to support. I could see the continuation of this pattern play out with all the technicals on Bitcoin as well as the price action between the both.
Not the ideal entry I do admit, but we’re only investing what we can afford to lose. Scared money don’t make no money.
$VET/#USDT [#VeChain]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $VET/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.02607 | 0.02756 | 0.03147 and the major support zones are respectively at 0.02216 | 0.01974 | 0.01583. We may consider entering a trade at the current price zone at 0.02484 and targetting higher level.
- Technical Metrics Index:
-- Current price: 0.02484
-- 24H Volume: 15,102,230.6324 USDT
-- 24H Price change: 10.449%
- Pivot Points - Levels:
-- Resistance: 0.02607 | 0.02756 | 0.03147
-- Support:0.02216 | 0.01974 | 0.01583
- Indicators recommandations:
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
-- Summary: BUY
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.