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Vtho

Vechain (VET) Most Undervalued Cryptocurrency $1 Potential.Everything from luxury goods, counterfeit prevention, wine, vehicles, NFTs, Covid19, healthcare, distribution, art, food, ect... The first 5-star-rated blockchain service provider in the world Vechain is the swiss army knife of blockchains. Vechain (VET) I believe is perhaps one of the most undervalued cryptocurrency in the space this year. Having a vast network of partnerships it is the most publicly and widely used blockchain network used by governments, small businesses, and enterprises worldwide solving a real global problems and more. In a nutshell Vechain is the blockchain for the supply chain and logistics industry. As of right now Vechain has a long way to go before it even hits a new Bitcoin price discovery phase. We've been trading below the .236 Fibocannci level since September 2020 for less than 100 satoshis!!!! In a sense this can indicate that Vechain still has a massive amount of growth especially if Bitcoin drops in dominance. In the short term our price target is 105 Satoshi. I'm not normally one to give big price predictions but based on fundamentals and tokenomics I believe Vechain has $1 potential this bull cycle. Especially if we consider that this may be a Bitcoin " Super Cycle" due to our current political and economic environment from the effects of COVID-19 on our global monetary system. There's a current circulation supply of 64,315,576,989 VET and Max Supply 86,712,634,466 so we're getting closer to no more Vechain coming into circulation. As of right now dollar value of Vechain rounded out is roughly $0.05 cents with a current market cap of $3,000,000,000. Multiplied by a 20x and this gives us a $1.00 Vechain with a 60 Billion dollar market cap which in my opinion is not too far fetched considering a mutli-trillion dollar cryptocurrency market cap, what Vechain is, and the industry they're revolutionizing. Remember Vechain is a first mover and has first mover advantage in its space. You know me I always keep a fat bag for the long term been accumulating since it was less than a penny. Keep Vechain on you radar this project has extremely strong fundamentals. Much peace, love, health, and wealth!
Long
by peacefuljustin
VTHO - Inverted H & S Pattern - Waiting for ConfirmationHello Traders, It looks like we have an inverted Head and Shoulders patter forming the hourly. As well as a triangle forming on the hourly. I’ll be waiting for a breakout to the upside for confirmation that it is in fact forming the rest of the right shoulder and also breaking above the triangle trendline. Targets: Retesting the .008, .009 and if we can break the .01 range maybe we’ll see it pass it’s original high of .013 range. Good luck!
Long
by MarkStPeter
5
VeThor Token | UnderratedWhat. A. Week. Instead of patiently waiting for an altseason , we are experiencing imo; an allseason ! Insane gains for lots of cryptocurrencies, where today a couple of my favorites had great double-digit gains: $VET & $VTHO. Instead of posting another VeChain chart, I thought it was good to highlight VeThor Token for this time, as a lot of $VET investors tend to overlook $VTHO. For the ones who don't know, VeThor Token (VTHO) is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions (Binance Research, 2020). It means that VeChain Thor (VET) is the native token for the platform, while VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain (CoinMarketCap, n.d.). $VTHO is needed for every transaction on the blockchain, to run & maintain dApps, and usage of $VET smart contracts (Bitvavo, n.d.). So, think of this: if you invest in $VET, why not in $VTHO? If VeChain's price surges, VeThor Token will go along with VeChain's gains because of the transactions. In addition, $VET generates $VTHO, which means if you HODL $VET you will earn VTHO by staking, which can be used to pay for your transactions (VeChainInsider, 2019). Sounds great to me ;). Good thing to know is that 70% of $VTHO paid in each transaction will be destroyed, while the rest is awarded to the 'Authority Masternode Operator' (a server that is connected to the network operating the VeChainThor software), who validate and process blocks for the transactions (VeChain, n.d.). As $VET is showing lots of potential, I think this token is underrated as of this moment. According to CoinMarketCap, we saw 125%+ gains for $VTHO in the past 7-days. At January 18th, $VTHO had a high of $0.002 followed by a 'cooling period'. But in that particular period, we could see a bullish Gartley pattern while having higher-lows at all times. For now, it is totally understandable to have some bearish momentum, as investors are securing their profits. But for the longer-term, these two are looking very bullish to me.
by djaanos
5
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
48
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
13
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0040 TP2= @ 0.0050 TP3= @ 0.0060 TP4= @ 0.0070 TP5= @ 0.0080 TP6= @ 0.0090 TP7= @ 0.0100 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
Will VETUSDT close the week above key level again?Has been ranging for the past 2 weeks but last week closed above 0.0265 (barely) which I think is a key historical level (former highest weekly close for $VET). Market traded back below this level this week which indicated a possible false break but it seems the bulls may yet save the week for VeChain and, with just a couple of hours till weekly close, we may see the price close above 0.0265 again for the second consecutive week. I do believe this is significant. And it's even better if we close this week above last week's closing price (0.0271). Note, however, that the market is in a trading range right now so we are not out of the woods yet until we see that follow through buying to get us out of this 2-week price range. But closing the week above 0.0265 again definitely improves the odds toward that end.
Long
by thedailychartist
VTHO STEADY GROWTH? UPWARDS OF 40% GAINS INCOMINGBINANCE:VTHOUSDT A few days ago we looked at VET's bullish indicators. VTHO is the gas of the VeChain ecosystem, so generally if VET sees major growth in price and volume VTHO follows. Doing technical analysis on VTHO to confirm our beliefs, we see our EMA20 still trending above the EMA50. We just hit a very important point where price touched the EMA20 (first support). If we see a nice rebound and remain within the purple lines a nice bull run can be expected. The awesome oscillator also confirms this trend with the lines steadying out and turning red, best case scenario would be the lines to go back green and continue rising along with price. I try to point out these moves BEFORE they happen, not just post analysis on bull runs. Please understand this can still take a short turn down based on overall market sentiment, but most indicators point to be very bullish. This is not financial advice! Please trade at your own risk.
Long
by mattforutan
2
Bullish MACD Divergence on the 4hr for VTHO?Looks like a trend reversal is underway? Key Notes: A bullish MACD divergence occurs when the price action is moving downwards and the MACD is showing higher bottoms. In this case, the MACD indicator is giving us a strong bullish signal. Very often we will see price begin a strong upwards move after a bullish divergence with the MACD. Below you see an example of a Bullish MACD Divergence. After the occurrence of the divergence we see that the price starts an uptrend.
Long
by CryptoFallen
6