Vechain Price Analysis: VET/USD bearish for the next 24 hoursThe VeChain price analysis shows that the market is bearish today. The strongest resistance is present at $0.0875 while the support lies at $0.0598. The market may see some recovery in the near future as the MACD shows signs of a bullish crossover.
The VeChain price is currently trading at $0.0598 and is down by 3.59% in the last 24 hours. The market cap of the coin has also seen a decrease and is now at $3.72 billion. The 24-hour trading volume of the coin is recorded to be at $507 million.
VETBULLUSD trade ideas
Vechain outlook analysisVechain it's look bullish from this point on monthly timeframe. As we ended the month March 2022. Vechain show us that this it's a good moment to buy this cryptocurrency and invest in it. Also, I admire a lot this cryptocurrency like investment. But I want to share some screenshot that I fond out in this cryptocurrency
First, in monthly timeframe we forming a bullish rising wedge clearly and this cryptocurrency could to blow up in the next months.
In weekly timeframe, we forming this bearish channel, in the previously candlestick, Vechain it's look with a sentiment bullish. And also, we see a bullish crab harmonic pattern formed.
You can to view here this harmonic pattern formed.
So guys, my conclusion will be it's that Vechain it's ready to blow up and I prefer to make a swing trading. But I can to hold a lot swing trading posiiton as I'm in two in Dogecoin and Tron (but Tron it's so ready to take my target that you can to view in my link to related idea below of this anaysis.). But, I'm so bullish in Vechain, if you invest in this cryptocurrency, you make a good choice.
I hope that this analysis support you. But as I prefer, I can't to hold a lot swing position as I have my risk calculated until I make a break even in one of my trades in Tron or Dogecoin to cut the loss in zero and protect my position. But I will consider this analysis in case that I want to make a swing trading in Vechain.
VET/USDTesting/tracking eilliot wave theory. Please do not trade off idea without S/L, not financial advice.
Link to previous chart:
Chart is similar to Vtho.
Potential drop: 72%
Potential gain: 495%
RR: 6.79
Wave 5 target: 0.4442
To me the bottom looks like it's in, however this is crypto and anything goes. Chart is still valid if we get a drop as long as we remain above the 72% drop. We're looking for the wave (4) bottom; either it's in or we can go lower. IMO the bottom for wave 4 is in. I thought it was in long ago if you look at the previous chart. Normally wave 4 retracements are quick and aren't as long and extended as this one is.
$ VET CHANNELchannel to watch for VET
possibly a good entry for a long trade to the top of the channel
Vechain reaches double bottom target.Could retrace a bit before reaching the purple wedge target. Double bottom neckline should maintain support but no guarantee it will correct that much. *not financial advice*
VECHAIN BULL RUN AND THE PRICES TO HAVE IN MIND Vechain broke the 1st resistance which make us have a bullish hopes, here i show you the targets i will take off some profits from the dip, these spots will work as resistances and there is a big chance becauce of the news in the world to lead us to the downside! be ready and take profits if you are trading!
@CryptoDrou
Have a safe trading
VET bullishVET is currently at the end of the C wave in the ABC pattern, using the Schiff pitchfork we can see how the channels have been holding the price throughout 2020 up to now (mainly the 2.0 medians). Keep an eye on the price as it may bounce off the resistance at $0.56-$0.60, another key price level is at the $0.42 mark that could trigger a reversal to the upside and probably fuel the trend to break the ATH (this could take many weeks/months to unfold) but for now we need to figure out the global market and primarly BTC. In conclusion, I'm bullish on VET and it seems to be in a good spot for buyers for the long term.
This is not a financial advice, just an opinion.
Buy signalsFundamentally vechain is the best risk option to get invested into emerging asian economies. the strength of this asset is not dictated by "decentralization" blockchain technology has a wide variety of use cases. can you imagine a future with no salmonella outbreaks? I can.
www.coindesk.com
#VeChain #VET flipped MA Ribbon bullish after long consolidation#VeChain #VET flipped MA Ribbon bullish after long consolidation.
RSI is at strong resistance channel as a short-term correction might occur.
But this MA Ribbon flip is quite a strong bullish signal.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
My wishful thinking analysis of Vechain VET-USD hopium VET-USD
I've projected the moving averages to illustrate how long will take VET to start going up again.
hopefully, October will be our bullish month.
I also traced FIb extension to mark my targets. $1.20 will take at least a year.
Finger crossed hahaha.
I want to hear what you think.
Cheers.
Massive Breakout on VETVET has formed a massive falling wedge and broke out after competing a 5 wave corrective series. Its come into a weekly HTF demand zone and formed a nice bullish pin bar on weekly close and started to show bullish momentum to the upside with the 3D RSI having reset above the MA having been oversold. The weekly MACD also showing bullish momentum with an upcoming bullish cross. Price looking to put in a HH to confirm a possible start to an uptrend
Vechain Buy Signal Part 2Vechain is back in the buy zone following BTC as it took a little dip.
This is just a continuation of the original buy signal chart zoomed out.
BTC & VET - up or down, that is the question...Yo guys, welcome to the channel Hawkeye Charting.
Market Makers are doing a great job, by principle there are confluences for both directions.
We have to be patient and must wait for the hand of the market makers to appear.
Watch the video to understand, which zones I'm paying attention to.
Todays altcoin: VET
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves.
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.