VETBTC trade ideas
VeChain could do thangz!VETBTC lookin very bullish and cant hide its potential hidden bullish divergence on the daily any longer. To me its lookin like reaccumulation at very high price levels, with a sell wall at 400 sats. If VET can manage to break the resistance, it will most likely go straight to the previous ATH and hopefully break it. Im in this trade shown above right now and just wanted to share it, before it moons like my harmony trade/post.
VETBTC - 1d - UPHi,
New post on VeChain.
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FA = TOP
WALMART CHINA launched the 'Walmart China Blockchain Traceability Platform'.
Running on VeChain, over 50 different product lines are tracked using IoT and blockchain from source to the retail stores (source).
BMW already uses Vechain for their 'BMW Startup Garage Program'.
VeChain is now also developing 'CarVerify' together with BMW.
PwC has a program running on VeChain as well.
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TIME FOR TA NOW
I AM BULLISH
25th of April: VET closed @ 342 with RSI 57
10th of MAy: close @ 363 with RSI 53
Higher lows and lower RSI
REVERSE BULL DIV
EMA 20 held as support
this prognose is for approximately 1 week from today 11 May
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cheers
GOOD LUCK 🍀🍀
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NFA
DYOR
XLM Fractal in VET XLMBTC Fractal in VETBTC
I spotted an interesting Fractal in VET I remember from the last cycle 2017-2018 of XLM/BTC
Different cycle, different asset and says nothing about the USD values.
Fractals do not always play out at the same rate, scale or even at all.
Posting for future reference.
💡Don't miss the great buy opportunity in VETBTC
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0362).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETBTC 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 61.
Take Profits:
TP1= @ 0406
TP2= @ 0476
TP3= @ 0601
TP4= @ 0808
TP5= @ 1022
SL= Break below S2
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💡Don't miss the great buy opportunity in VETBTC
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0362).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETBTC 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 61.
Take Profits:
TP1= @ 0406
TP2= @ 0476
TP3= @ 0601
TP4= @ 0808
TP5= @ 1022
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 / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VETBTC TRADE DAILY #2 ---> DANGER! dont trade this unless stupidPretty simple one today guys, we are outside the ascending triangle , breaking pattern. We are oversold across the board. We are showing all sorts of bearish signs, we have no identity, completely following BTC price action.
Only hope is a hail mary last ditch tom brady style throw from deep to try and win it all.
DONT TRADE THIS, ONLY take greedy entry down towards 413, yes iam trading this, yes im stupid, but this is for tradertainment purposes. Can i beat the market?!
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Todays VET Trade
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BUY: 413 to 422
TARGET: 445 to 450
STOP: 410
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