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VeChain / Bitcoin

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VETBTC trade ideas

#VET : Still In Bullish Trend For The Mid Term.#VET_Update #VET is looking very bullish once again after our call at around 90 sats on May 27 is showing a good progress breaking out of the formed downward channel trend on the daily time frame. For now we might see some downward push downs which might further go down to the area between 98 sats - 100 sats for a testing of the line which was the resistance before the breakout and which becomes the support for the trend for now. By this we are expecting a huge formation of an extended 3rd impulsive wave in the mid term. Distribution targets are stated on our last idea.
Long
by cryptotalk_et
2
VETBTCLong term I'm bullish on VeChain but in the short term I'm bearish. Since VET made an all time low on May 13th 2019 I'm thinkin that it'll fall down and find support at either the 1.272 or 1.414 fib extension levels shown on the chart. We know that when Bitcoin pumps alts fall, and if Bitcoin dumps alts will bleed right along with it. So no matter which direction BTC heads in the near future I'm expecting this coin to drop and possibly bottom out around either one of those levels.
Long
by IsaacLarrell
[VETBTC](73%) VeChain Falling Wedge, Potential Breakout Targets!VeChain (VETBTC) is now trading within a falling wedge. This is a bullish pattern and can produce a strong breakout. We are seeing increasing volume and an attempt to break above EMA10, these are early signals of an upcoming move to the upside. -------- BUY: 84 - 92 NEXT SUPPORT: 80 TARGET: (1) 110 (2) 120 (3) 130 (4) 145 (5) 158 STOP: Close weekly below 72. -------- Thanks a lot for your support. Namaste. This is not financial advice.
Long
by AlanSantana
5
VeChain - TrendreversalHello guys, as you can see we rejected hardly at the 200 EMA (orange line) 156 Sat~ , after we rejected we got a hell of a dump and initiated with an WXYXZ to our current price 98 ! As we completed the eliott wave pattern we are forming slowly into a falling wedge & our new considolation zone . If we manage to break up we will see another attempt to test the 200 EMA. This would look like this to me. Best of luck! P.S: My analysis is just TA based, you should take a look at the fundamentals and milestones VeChain is achieving right now!
Long
by KarimSubhieh
VETBTC point of change for this coin.The things I like about this coin - Sell volume is slowing - Descending wedge indicating potential reversal Questionable indications - Bouncing below 50 RSI unable to break above this resistance - 9 day moving average not in support - MacD not crossing over anytime soon - Larger downtrend line must be broken before confirmation of a continued up trend All in this coin is still has a ways to go before convincing me of a trade, there may still be some down to go as the present resistance is not a strong one. That's my take, not trading advice just some observations.
by Coast1