VETBTC trade ideas
VET/BTC Can Vechain keep it up and break through?If you like my ideas and the work I do, please check out the links in the signature and give me a like ;).
Vechain has been on a wild ride in recent times and completed the first 4 parts of the Elliot wave.
It's now-retracted and consolidating in a bullish flag/symmetrical triangle pattern. The Tenkan (Yellow Line) is above the Kijun (Dark Blue line) and the price is holding above the Kumo Cloud.
The main thing to look for is if it can break the historical resistance marked with the dotted line, on a breakout of the triangle. The probability whit this pattern is in favor of a bullish breakout but a strong horizontal resistance is always a level to take into account.
If it breaks that resistance it should give it a good boost and then the upside could be very positive.
VeChain Might Retrace Before More Bull/Green (Trade Inside)Here we have the chart for VeChain (VETBTC)... We are likely to experience a retrace before additional bullish action.
If the red marked area is taken out right away, we can expect this pair to continue growing.
We are charting this pair on the request of one of our supporters...
Additional details can be found on the chart.
You can find the full trade below (multiple targets hit)
Thanks a lot for reading.
Namaste.
VET/BTC (Revisit Previous Low?)VET/BTC
-unable to break the downward trendline resistance
-there is a high chance we will revisit the previous low at 85s area
-when we get there, it will be the battle between the bears and bulls
-I will personally wait for the breakout of the pattern
-before entering any trade to lessen the risk involved
VET/BTCI've been in Vechain since the break of the downtrend line, at around 52 satoshis and have been selling small aliquots along the way.
My initial target was 100-105 satoshis, but I got greedy and was hoping it would reach the top of my channel at ~115 satoshis. Initial target was reached, but I didn't sell enough since I was hoping for that extra bit. Here we are now :P (lesson here: don't get greedy on something that has already doubled and remember to follow your plan!).
I have outlined multiple diagonal supports. If Vechain is in a parabolic uptrend this line should hold. If not, then diagonal supports exist at ~ 85 satoshis, with strong horizontal support at ~ 80 satoshis. I will hold for now.
VET/BTC 142% profit and Strong move upward#VETBTC Profit Update:-
#VETBTC Now Trading at 100 Satoshi ( 142% Pure Profit).
Mean to say that total 142 % Pure Profit guys.
Our First Entry was 46 Satoshi ( 142% Profit )
And 2nd entry was 52 Satoshi ( 100+% Profit )
Both Entry in huge Profit.
Target 1 : ✅
Target 2: ✅
Target 3: ✅
Now Towards our 3rd Target
But Guys sold My 90% Position here at 126% Profit.
Because I am not greedy so 90% and 126% Profit within few days not Bad.
so you can also take profit guys partially.
10% position still holding.
if you still holding I suggest you can sell 100% position and book your profit.
Support :- 90/82/60 Satoshi
Resistance :- 106/126 Satoshi
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VET Will Go Under 80 Satoshi Because of A LOT OF REASONSI think VET will go under 80 satoshi because of several reasons.
1- First of all according to my trade experience sharp bitcoin movements according to USD badly affects the coins. On 10th of June Bitcoin made a huge negative movement and psychologically people tend to move escape to altcoins.
2- There is an important trade idiom: "Buy the rumours sell the news.". According to news VET MAY BE listed on one of the important stock markets. And it is not a rumour anymore. People have heard it and made a reflex which pumped the VET around 108 satoshi level. So it is time to sell the news until the listing will be done. As far as i know listing procedure has a lot of steps. VET is only in the first step. So it is not a big deal.
3- According to daily and weekly stochastic indicator it is overbought. So we should wait a decrease.
4- According to support and resistance lines, as you can see from the graph there is a big resistance on 110 satoshi level. Vet try to pass 108 it but it even could not.
5- Vet price increased many days. No coin cannot raise until the eternity. So in some point it should loss its volatility. I think it will start soon.
6-Fibionacci retracement graph shows that it will go back around 80 satoshi levels.
These are my opinions about VET. And I think it is time to sell. Thank you for reading. I am waiting your comments and likes.
VETBTC RESISTANCE BROKEN. TARGETING 100 SATSVETBTC has broken its downtrend and come out of the resistance trendline. Support underneath held really strong.
OBV is clearly made inverse head and shoulders and broken its reistance as well.
First target would be 100 sats followed by 150 sats as a second target.
Its ABCD pattern will also complete at 1oo sats
Good luck
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VET/BTC 126% Profit within Few days Congrats Friends#VETBTC Profit Update:-
#VETBTC Now Trading at 100 Satoshi ( 126% Pure Profit).
Mean to say that total 126 % Pure Profit guys.
Our First Entry was 46 Satoshi ( 126% Profit )
And 2nd entry was 52 Satoshi ( 94% Profit )
Both Entry in huge Profit.
Target 1 : ✅
Target 2: ✅
Target 3: ✅
Now Towards our 3rd Target
But Guys sold My 90% Position here at 126% Profit.
Because I am not greedy so 90% and 126% Profit within few days not Bad.
so you can also take profit guys partially.
if you still holding I suggest you can sell 100% position and book your profit.
Support :- 82/60 Satoshi
Resistance :- 106/126 Satoshi
Don’t Forget to Click #Like Button and Appreciate me.
Must Follow me for Latest real Time crypto updates.
Thank you.