VETBULLUSD trade ideas
VET bulls mark 8 percent gain, amidst six months highVeChain price analysis is bullish today.
The next resistance for VET/USD is present at $0.168.
Support is found at $0.140.
The Vechain price analysis reveals the bullish momentum is in quite good health. The price of VET/USD has increased significantly over the last three days, from $0.136 to $0.162, breaking above six months’ highest level. The bulls are successfully continuing their endeavor today as well. The short-term price trend is upwards if observed after 22nd September as the coin has been continuously marking higher highs since then.
VET/USD ChartVET has been really interesting right now, with patterns similar to the first half of 2021. I did a VET analysis a few weeks ago when the coin broke the 0.10$ resistance, and I talked about a bullish scenario. After BTC rally to new ATH seems that altcoins are consolidating and starting to pump. VET has never been a coin that I would hold for years to make big gains in my portfolio, but for now the charts look very promising. Vechain also announced a launch of their own DEX, and a yield farm token called VEX. This is great news for every investor since the ecosystem is expanding fast. For me this is also very bullish because when Axie Infinity announced a DEX launch the price of their coin increased a lot.What are your thought about this? If you like my idea and follow me it would help a lot, and I would aprecciate if you could comment and discusss my idea.
Thanks!
What next for VET?The four-hour chart shows that the VeChain price has been in a relatively steady bullish trend in the past few weeks. The coin has risen by about 81% from its lowest level in September. It is now approaching its key resistance level, which was also the highest level in September. At the same time, the coin has moved above the 25-day and 50-day moving averages.
Therefore, in my view, the outlook of the VET price is a bit neutral at the current level. A bullish breakout will be confirmed if the price manages to move above the resistance at $0.1570.
Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
VET - BREAKING OUT TOWARDS $1.00 - CryptoManiac101VET / USD TA
VET is getting ready for a surprising 10x rise in the coming month and whether you will be hear to witness it is entirely up to you!
VET taking a decision nowTop of the Morning!
VET is making a decision right as we speak. There's a higher probability it will break out to the up-side, as it attempted to break it a few time already - and the more it tries, the more likely it will.
This will make as visit the next resistance line.
But! on the other hand, if we cross and close the $0.13 level - we can revisit the lower support before bouncing up again.
VETUSD : Multiple pattern in 1h !In 1h chart
There is a diamond top and a potential double bottom in the chart .
If price break out the diamond and stand firm above the neckline ,trading strategy as below .
*top wick shorter than 1/2 body
SL:0.1262
TP1:0.1478
TP2:0.1606
TP3:0.1658
TP4:0.1714
TP5:0.1770
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
$VET BREAKOUT!Diamond pattern for $VET on the 4hour timeframe... This could take price to $0.51 but if it breaks to the down side the target would be $0.11
VET - $0.28VET is currently trading above the support at $0.1261. If it can stay above this support, we could start seeing a move towards $0.1401 and $0.1518. If the resistance at $0.1518 breaks, we could start seeing a move towards $0.1672, $0.1891, $0.2109, $0.2421 and $0.2818. Failure to hold the support at $0.1261 could lead to a drop towards $0.1116, $0.1048 and $0.0956.
long vetusda chart that is quite systematic wedge resistance is broke retested with a bullish harami and continuation is in