Vetusdtlong
VET will rock out again ... think away from the loss ✨3 bullish signs for midterm:-
1- on the weekly time frame we can see that the global trend hasn't broken yet.
2- we already corrected 82% lower from its ATH since this bull run. so what lower than this we can see ??!! A 100% low ??!
3- will reach 16 cents first all ways, if we will bullish will touch 16 n breakout n if it get worse it will get to 16 cents resistance first then will go lower.
what should be done:-
1- if u r planning to sell wait for 16 cents to get the lower loss as much as u can n sell there, however I don't prefer to sell.
2- if u r planning to buy more, buy under 10 cents is amazing price n try to buy on parts if it went lower n leave 50% to buy when we get a confirmation.
3- we will be testing this support one more time I think so a good time to buy there.
4- DONT EVER THINK ABOUT LEVERAGING OR FUTURE POSITIONS ON THE CURRENTLY SITUATION.
5- if we closed this week candle above 14 cents so we r bullish.
One more dip and then VET will rise again?Hopefully Vet will recover from the latest dip. I bought at 0.156, which looked like a fair price to me at that time, I think it still is. It is possible that Vet will dip shortly after reaching 0.155. That would be a good time to get on board. I think it will recover and it certainly has potential.
VETUSDT is preparing to launch to the moon!After news that made VETUSDT fail to make a Head and Shoulder pattern, VETUSDT made a big retracement, to the second-lowest Trendline. It can be seen that even though VETUSDT made a big retracement, VETUSDT is still in Bullish Trend, and it can be seen that there will be Head and Shoulder coming up tomorrow or the day after tomorrow. So, let's get ready to board this rocket before I have successfully predicted that ADAUSDT will go to the moon, so let's go VETUSDT, as one of the most promising coins with low carbon emission, FLY TO THE MOON. The rocket will go to the first target shown by the orange line. After that VETUSDT will continue its journey to the moon.
VETUSDT Ascending Triangle SetupVETUSDT Ascending Triangle Setup
VETUSDT has created Ascending Triangle and one fake-out. Now we need to see a confirmed breakout & retest to open a buy trade.
NOTE: OPEN BUY TRADE IF AND ONLY IF THE SETUP IS VALIDATED. I WILL NOT BE RESPONSIBLE FOR ANY LOSS. DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. USE LOW RISK.
VETUSDT - Can uptrend resume?Nearing resistance of 0.206. Should be able to clear red trend line. Market seems good and thus it can test resistance(violet) and quick movement to test next resistance(violet) and trend resistance( 2nd red) could happen.
BTC should hold to give VET bullishness. Check BTC idea through link below.
VE CHAIN CLEAN TECHNICAL ANALYSIS Looking at VECHAIN - VET here on the 1 hr time frame we can see that price previously has an impulsive rally to a key high area where it tested resistance at $0.28 and made a rejection.
Since then price made a push to the downside breaking through the 0.786 fib support level.
Price is currently in a symmetrical triangle pattern coming from an impulsive move to the downside. Price started this correction after testing the 0.5 fib support which it respected and has formed a multiple touch triangle pattern.
I am anticipating that price will continue to respect this triangle and anticipating a small push to the downside where price action should test the 0.618 support level once again confirming the support to then make a push to the upside possibly testing previous highs
There is a possibility that price may not respect the 0.618 support as the overall trend is coming from an impulsive move to the downside and this triangle may be a continuation pattern.
We may push down further and test the $0.14 area before moving back on track to the upside to create new highs
Thanks for reading !!!