VETBULLUSD trade ideas
$VET breakout comingVET catalysts
1.Sync2 and Connex 2 - 30/6
2.AMA-16/3
3.Coinbase listing
Partnerships with multi-billion dollar companies : $LVMH $BYD $WMT
Healthy Github activity
Tackling some of the crucial problems in supply chain and logistics
Market cap of 3.8BN with a circulating supply of over 75%.
Entry: Breakout and close over 0.61 OR retrace back to short term pivot at 0.059
Stop loss: 0.0535
Vechain in upward trend |Testing previous double tops ! | Hi Traders,
We are looking at the 1 hour graph of VET/USD.
As we can see, the trend is going upward for around 10 days now. Possibly testing the previous double tops in the next coming days. When it breaks the previous tops, we could enter into price discovery.
Vechain's idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users. The traceability goal could solve the problem of "fake products" in this world. Which is huge.
This is not financial advice, I am not a financial advisor.
Thanks.
Patience ..and wick tradingOnce again patience and buying at limit prices is key here.
Celing becomes a floor is the trade hupothesis to test.
Update for VET We have rejected off ATH resistance but are still comfortably holding the Top of the FIB retracement, i think we could possibly see some accumulation as we go to try and break the ATH and enter into Price discovery mode. Once we break this ATH we could see a continuation upwards creating new support levels. Stoch RSI is coming back down out of the overbought areas so we could see a little bit of sideways/ downwards movement but i believe it wont last for long before we go back up. NFA Just my opinion
$vet no more consolidationWelcome to my analysis on $vet , It has been consolidating for more than 2 months, in my opinion it can run hard from here.
Two optionsVET is either going to consolidate for a couple of weeks in this bullish pennant or the cup and handle formation is a bullish confirmation that VET will seek new highs
VET looking super bullishVechain looking great holding support at the 0.2 FIB also holding the ascending channel. 0.2 fib is a crucial level for us right now if we break below it some downside is likely, the ichimoku cloud has shifted to printing support heading up and the stoch RSI is close to being in oversold areas. I think we are likely to keep heading to the upside looking to break that 0 Top FIB level and ultimately keep following the ascending channel upwards. once we break that top FIB level our next goal would be to break that key resistance area and continue the climb up creating new levels of support. Not financial advice just my opinion!
VET BET 3www.vechain.org VET passing the vibe check. Target $0.06, but I've decided to add it to my "big long" portfolio and probably won't sell under $1. I'll keep the analysis coming often, throw me some more stonks to draw on.
VeChain - Quick UpdateQuick VeChain update. Well done if you bought more VET from that previous dip.
The Price is now back above its Bollinger Bands Middle Band Basis, its Conversion Line (Tenkan Sen) and its Base Line (Kijun Sen) on the daily chart.
The Lagging Span (Chikou Span) is indicating momentum is sideways with the RSI confirming this. I say sideways because sideways trading is done within a range of prices and not at a constant level so the RSI and Lagging Span (Chikou Span) will fluctuate up and down within a range.
The Bollinger Bands Upper and Lower Bands are indicating we may continue to see sideways trading into an eventual Bollinger Bands Squeeze before the next breakout.
If we look at the ADX DI SMA we can see that the +DI (Green Line) is at 19.1 and has crossed back over its -DI (Red Line) which is at 12.6. The ADX (Yellow Line) is at 19.2 and still under its 10 Period SMA (White Line) which is at 34.4. Once the ADX crosses back over the SMA with the +DI still above the -DI then we should see an exponential move like we did on 8th - 12th Feb.
I hope this is helpful.
Vechain ready to explodeVechain is approaching some heavy resistance at the 0.7 FIB (highlighted in red) once this level is broken we got 1 more level of resistance at the 1 FIB, If we can break the 1 fib i believe VET will see a very nice run climbing up the Fibs creating new support for us, the keltner channel is starting to point upwards as well, Stochastic RSI still has awhile to go before it becomes overbought, we have began to exit the oversold areas and its coming back up. keep an eye on us holding that 0.6 FIb if we close below it i believe a little downside is possible. NFA all just in my opinion
VET READY FOR A REBOUND!VET is finally ready for a rebound after the bloody correction. Already broke the resistance area at 0.039$, VET is now moving to a new ATH!
My TARGET PRICE is up to 0.076
VETUSD Narrowing DownVET narrowing down to an edge of a breakout, volume doesn't support it as much.
The most safe place to buy is on the blue area support then.
VET swing LONGand the 7th one, and the last for these swing-trades, (for now), to get the full swing like it did since newyear, just spot buy, or low leverage, the green lines ar TP's ofc, always take it, always. All on FTX, ask my link to get a big discount on the already lowest fees in the space.
Vet Update 13 Ema about to cross up 50 SMA Buy ConfirmationVechain'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 - Bounces off the lower BBandVET/USD bounced off the lower BBand. Still in the sell zone until it gets up over the MA line.
Stoch is showing it coming out of oversold. Even though not getting the best staking return, I'm hopeful for this one. Bought a little more.
Vechain(VET) Explosive Move Back To ATH & Beyond 55% to 74% GainVechain'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 :)
VeChain Pullback and SupportsLooking for pullback to supported at the following yellow lines.
However if red line is broken, we could expect further downside pressure.
Otherwise if supported, this could go to .10
VET/USDVechain pefectly touched the MA, and held it as support. I expect a double tap, and lift off! Same thing with TOTAL2 (Altcoin Total Market Cap). BULLISH! 10 CENTS in a month
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