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VETBULLUSD trade ideas

Vechain on the verge of a huge run! Vet has undoubtedly been one of the most impressive cryptos in the past couple months putting out great numbers and has been in a very solid uptrend. I really think this is due to the realization from both retail and institution of what Vechain is and what it is doing and providing! We recently created a new ATH and i think we are going to see another one soon! Our Zero Lag Macd looks super bullish and we are seeing strong upwards movement with no sign of slowing down! We are beginning to ride the top of the bollinger bands which is very bullish and you can see the same thing and how it played out around FEB and March on the chart!! Ichimoku cloud is bringing us nice green support clouds, pushing up. Overall i think vechain will be one of the best investments for the future, the technology and what they are doing is so incredible and they already have real world use cases that are being used around the world everyday! Personally I can see myself holding onto most of my Vechain for the next few years! Not Financial advice just my opinion!
BINANCE:VETUSDLong
by JacobR905
VeChain SHOULD be in your Longterm PortfolioVeChain Update: If we look at this VeChain (VET) Daily Chart, we chan see just how strong VeChain is. VET still has its Ichimoku Cloud (Kumo) Conversion Line (Tenkan Sen), Base Line (Kijun Sen), Leading Span A (Senkou Span A) & Leading Span B (Senkou Span B) levels below it as potential support. VET still has 7 Pitchfork Support Levels and its Pitchfork Hagopian Line level below it as potential support. It is safe to assume that there is no fear of VET ever crossing & closing a daily candle below this Pitchfork Hagopian Line anytime in the near future. During the dip yesterday, VET found strong support from its Ichimoku Cloud Conversion Line (Tenkan Sen) which was also the level where the 9EMA was at yesterday. At the moment, VET is testing the resistance of its 0.618 Trend-Based Fib Extension Level. The Ichimoku Cloud (Kumo) Lagging Span (Chikou Span) is indicating strong very upwards momentum. VeChain is looking really fantastic, at the moment VET is the Crypto that just keeps on giving. VeChain has also just announced a new partnership with Salesforce…… which is huge. VeChain has a client base that would make any corporate jealous with envy. VeChain is at a real world usage level that other cryptos like XRP, XLM, BTC, ETH and even ADA are trying & striving to get too. VeChain is already mainstream with real world usage, but it seems to have gone completely under the radar of most. You all know how i fee about VeChain from my previous post, so all i can say is, if you haven’t already, grab a bag while it’s still at $0.1. 🔥🚀🌍🌔🪐🛸👽
BINANCE:VETUSDLong
by TradingThroughTheLens
7
VET Has Made It This Far - Only A Couple of Targets Remain Seriously congrats to all the VET holders who stuck it out through the bear market. Since the bottom on March 12th, 2020, VET has gone nearly 70x in value. It is performing in line with some cryptocurrencies from the fabled 2017 crypto bull market. Believe it or not, I called ATH levels for VET well over a year ago, when I felt it was undervalued when compared with XRP, a token with a similar supply. Instead of going straight up and mimicking XRP, VET took a while to establish a healthy uptrend, but has since been one of the better performing altcoins from the 2017-2018 era. Here is my original analysis: When we compare the two assets, it seems XRP only pumps hard and fast, resulting in a multi-year downtrend, while not really establishing a healthy uptrend within a bull market. This is perhaps why it has so much overhead resistance, though it can go parabolic itself soon if money flows into larger cap altcoins. Here's the first follow-up to the original post: My latest update: And my study, comparing VET with WTC, and why I felt VET would continue to vastly outperform: WTC still needs to go over 3x before it even begins to look bullish on longer timeframes. This is a long overdue update. But what now? It's hard to say. My lower targets have all been reached, and it only needs to go a little over 100% from here to get to my $0.22 target. I plan on reducing my VET position further if I see prices continue to go parabolic from here. I'm also not ruling out a large correction towards the 100 day MA (now yellow on my chart), which could result in it dropping all the way towards 4 cents again. I don't claim to know at all where the next market peak will be, but I think if things really heat up for altcoins in the coming months, it can be a great selling opportunity for those of us who got in during the previous bear market. I do think the market may just have one more big move left in its tank. During this time, I can see many alts going another 10-50x. What keeps me hopeful that VET can indeed pull an XRP (and even maybe hit $1, but I won't get too ahead of myself) is that it still has plenty of room to run against Bitcoin, especially on the weekly. I'm watching this pair as well. And even against ETH, if the MACD crosses above the zero line. But it's currently at historical resistance (ETH run soon?) On the bearish side, I want to see the 100 day MA (yellow) held on any larger market correction. I also don't want to see a large breakdown from the wedge I've drawn on this chart. A break ABOVE the wedge would be extremely bullish, and could pull VET up towards my higher targets. There is also support at the 50 day MA (red), which coincides nicely with the wedge support. Even then, that's a sizable retrace towards 5.5 cents. Let's see! I'm in a decent position, with no initial risk left on the table. I may decide to skim some profit off the table if I see some signs of weakness from the market. Just because VET has achieved my initial targets does not mean it will necessarily head higher from here. If it does, I will be prepared. This is not financial advice! This is meant for personal use, speculation, and education only. -Victor Cobra
BINANCE:VETUSDLong
by VictorCobra
7
VeChain (VET) - April 6Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You should watch for any movement that deviates from the 0.09423024-0.10736697 section. In particular, it remains to be seen if it can rise along the uptrend line. If it falls, you need to make sure you get support in the 0.08985133-0.09423024 section. If you go down at 0.08867631, you need a short stop loss. In the CCI-RC indicator, if the CCI line rises above the EMA line, volatility may occur, so careful trading is necessary. ------------------------------------ (VETBTC 1D chart) We have to see if we can get support at the 170 Satoshi point and rise above the 185 Satoshi point. If it falls, we need to make sure we get support at the 156 Satoshi spot. If you fall between 147 Satoshi and 156 Satoshi, you need a short stop loss. If it falls at the 128 Satoshi point, Stop Loss is needed to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:VETUSD
by readCrypto
1