VETBULLUSD trade ideas
VET LONG?My first chart on VET, and my 2nd analysis created. Looks like VET can bounce up, or tank. Curious on people's feedback. This is not advice.
IMPORTANT DAILY CLOSE FOR VET!I am looking for a daily close above the 0.2 FIB level which as of right now is pushing through slightly. A daily close above our 0.2 fib in my eyes would give us a good chance to head back up ultimately regain the ascending channel and go for that ATH! The past 2 days we have been trying to breakthrough the 0.2 and i think todays the day with the market starting to rebound a little bit, but keep in mind BTC moves the market so watch that aswell. Our ichimoku cloud is still bringing us bullish support and is beginning to point up! the EMA ribbons are still wide opened up carrying us with bullish momentum and are slightly beginning to turn up! Lastly the MacD has turned slightly bearish over the past couple days but we could still see it reverse back! NFA just my opinion
VET-USD Binance ForecastUsing Elliot Wave Theory, simple trend lines and Fib to provide a basic forecast.
Potential price action VET.If VET breaks to the upside of the Bull Flag, we may expect the price to reach the target of 0.15.
Remember: when trading the breakout, wait for a breakout confirmation.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
What can happen to VET?So right now we are in a correction.
As you can see the graph is forming a pretty obvious parallel channel which mostly leads to an uptrend.
I am thinking mostly about 1 USD or maybe a new ATH.
Of course, there is a chance of a downtrend but this pattern mostly bullish.
Basically, all we need is a 4h/Day closure above the channel resistance.
So I´m pretty bullish with VET!
VeChain - UpdateVeChain update:
At the time of typing this, VET has bounced of its 38.2% Fibonacci Retracement Level which is also where its Ichimoku Cloud Conversion Line (Tenkan Sen) is located. This is also where the 20EMA is also located at the moment.
VET is still above its Bollinger Bands Middle Band Basis. The Upper Bands has turned inwards and the Lower Band is still moving upwards.
The RSI has dropped out of the Overbought Zone and has a slight slope downwards.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum has a slight downwards trajectory at the moment.
Worthy of note, is that VET is quite a distance away from ever crossing its Ichimoku Cloud Leading Span A (Senkou Span A) cloud support for this timeframe.
The ADX DI SMA is indicating VET is still in an uptrend for this timeframe because the ADX (Yellow Line) is at 61.8 and above its 10 Period SMA (White Line) which is at 51.8. The +DI (Green Line) is at 19.9 & is still above is -DI (Red Line) which is at 5.6
Now i know what you’re thinking Billy, “its going down, how can it be a longterm uptrend”? We’ll Billy, let me explain, a longterm uptrend doesn’t mean that an asset will continuously go up 24hrs a day, 7 days a week, 365 days a year, there are periods of profit taking, consolidation, retracement from being overbought & overextended, whales focusing on other crypto for a while and also the dreaded BTC shitting the bed and dragging all alts down with it.
As i keep saying, it’s not where the candle wicks to that’s important, but where the candle CLOSES that’s really important. VET is also a fair distance away from hitting and crossing its Ichimoku Cloud Base Line (Kijun Sen) for this timeframe, to hit that level, VET would need to drop below its Conversion Line (Tenkan Sen), Bollinger Bands Middle Band Basis, 38.2% Fibonacci Retracement Level, An Aqua Blue Pitchfork Support Line and its 50% Fibonacci Retracement Level. I cannot see that happening.
For the longterm, VeChain is still looking absolutely fantastic, and as i keep saying, accumulate as much VET as you can before VeChain does what ADA did and gets over that crucial $1 mark!
I hope this is helpful with your trading and hodl-ing. Good luck 👍🔥🌔🪐
VET Price Action Signals For DowntrendVET price traded at $0.07762 with a loss of 13.66% in the last 24-hour and 2.74% down in the weekly time-frame. Furthermore, VET plunges from the resistance of $0.09832. In contrast, the market capitalization stands at $4.99 billion. Technically, investors can perceive a negative crossover in SMA in the future trading session. Moreover, the price movement can be towards the support of $0.07143.
Resistance: $0.09832
Support: $0.07143
VET BETTriangle forming just below 0.099 high, should continue above. If broken below the triangle, 0.064 is a great place to buy.
high rewards for low risk for next weeks probablySeems like a really good uptrend, despite of the BTC drops. probably couple of 100% gains to have coming months.
Technical Indicators Hints A Bullish Move For VET Price ForecastThe weekly technical chart of the VET showcases bearish momentum.The daily chart of the VET Price forecasts a bullish sentiment. Vechain price is trading above 50 and 100 Moving average.The 50MA(RED) line is at $0.055 making it a temporary support for the coin.Resistance for the coin on upside is at $0.094 while coming on to the downside the bounce back can be seen from $0.08.On coming to the shorter time frame of 4 hr chart a downward parallel channel is formed.If the price breaks 10% above the parallel channel then there is a good chance that the price will see momentum upto $0.15.VET/BTC pair can also see a gain of 20% in upcoming months.
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Vechain(VET) looks ready for another 46% Gain to $0.11Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA, overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA, we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VETUSDT 4hr ://re trace and....VET_BUY THE DIP SHE LOOKS LIKE SHE WILL GIUVE THAT OP SOON IF SUPPORT HERE DOES NOT HOLD
_VET a supply chain solution with qr codes instead of barcodes. one big name brand parter and sho goes boom
_HGM T3Am
Watch VETs daily closeWe are holding the 0.2 FIB pretty strong but the chance that we do breakthrough and close below i think we would see a little dip possibly down to the 0.3 FIB level, but if we do close above the 0.2 I believe we will start to bounce back upwards. The EMA ribbons are still super bullish carrying us with momentum, wave trend oscillator is still hanging around the top zone and the stoch rsi is coming down back into the neutral zone from overbought, overall still very bullish on Vechain and will definitely be picking up more if we see a bit of a dip. NFA just my opinion
VeChain (VET) Still waiting for a pull back: 1x - 3x Targets!Thanks again Triston for the suggestion.
We are still too far away to make an educated guess on price entry and targets. We need some more structure to determine if we will fall to 50% or treat the 38% as support to enter.
Patience is a virtue with trading so BE PATIENT!
Vechain(VET) Explosive Move New ATHs 62% Gain to $0.14Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET Price Bulls Are On A NonStop MarathonVechain price is at $0.0874 with a bullish move on the weekly chart.VET daily chart highlights that the price may see a consolidated move before jumping to the higher levels.According to fibonacci levels, VET critical support level is placed at 0.786fib. Whereas if it moves up, the key resistance level to watch is 1fib. While diving into the weekly chart of a 4-hour time-frame, it has formed a bullish engulfing pattern, which represents a potential continuation in an uptrend.The coin can also see the mark of $0.1 in upcoming trading session.
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Vechain(VET) Explosive Move New ATHs 30% Gain to $0.10Vechain parabolic move towards $0.10
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
Are you ready for take-off? 🚀Breakout and retest of minor trend.
We need to break out of this "cage" to fly to the moon!
I am seeing good Future in this coin.
Let's watch it soar!
Vechain Looking FantasticVET undoubtedly has the best looking chart out right now on the month, we have had a very steady climb and recently have made New ATHS and hanging out in price discovery mode, for the short term (next day or two) i think there is going to be some profit takers and a little bit of selling on vechain. Our stoch RSI has been hovering around the overbought area and has now shot up into that zone. we also see the Wave Trend Oscillator is pushing into the top zone. We could possibly see a little bit of a cool off bringing us down to maybe the 0.2 FIB but i doubt we would see price go any further than that, Our EMA ribbons are showing no signs of cooling down, they are pointing up and actually starting to open up even more. Overall super bullish on Vechain we have been seeing lots of institutional adoption and attention and i believe a lot of people are starting to realize what VET is and what the ecosystem is providing! Remember the past week we have seen overall very red days in the crypto market yet VET was still shining showing its strength! If we do see a little cooloff dip i dont think itll last for long then we can continue the push up! NFA just my opinion
VeChain - snipe on lil $VET $VET love the VeChain it's a long play for sure but loving the snipe a lil here.
