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VeChain / Ethereum

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VETETH trade ideas

Reversal coming for VET vs ETH?Interesting trends forming on several VET pairs. VET has moving sideways since 3rd week of April against USD and BTC and are now forming a symmetrical triangle, which could indicate continuation of uptrend. IMO the pair to watch is VET/ETH...descending channel since mid April, now wedging, could indicate reversal of downtrend. Bullish divergence on 4h + triangles indicate a move one way or the other is coming soon. Looking to see breakout of descending channel w/ a close above and lots of volume. VET will follow the market...if we see a correction with BTC, all bets are off. Do your own research. VET/ETH: -Ascending wedge on the daily -Dipped below 50 MA on 5/8 -RSI Bullish divergence on the 4h VET/USDT, VET/BTC: -symmetrical triangle forming -- continuation of uptrend?
Long
by Magic_Wike
💡Don't miss the great buy opportunity in VETETHTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00002485). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETETH is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 0.00003300 TP2= @ 0.00003860 TP3= @ 0.00004760 TP4= @ 0.00005570 TP5= @ 0.00006570 TP6= @ 0.00008320 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
26
💡Don't miss the great buy opportunity in VETETHTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00002485). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETETH is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 0.00003300 TP2= @ 0.00003860 TP3= @ 0.00004760 TP4= @ 0.00005570 TP5= @ 0.00006570 TP6= @ 0.00008320 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
VETETH bullish reversal scenario could be in play now...Reversal trades are inherently low probability but they offer the best risk-rewards so we always hunt for them. That said, the VETETH pair is looking better in this regard: 1. Market has rejected the low for at least 4 days in a row now. 2. Today's candle opened at a higher low 3. Today's candle is now a big bull candle with price back inside the descending wedge/channel False breaks are great setups to trade against the direction of the breakout so people who bought that breakout are now in profit (if they managed to hold). Reasonable target for such a trade is the resistance trend line of the descending wedge/channel. We just need to see if this move back into the consolidation will be confirmed by a daily close. The ultimate scenario is a breakout above this descending wedge so that is the big bet and we are looking at this false break as the possible bottom for VETETH this year! We all know ETH will probably flip BTC so the perfect scenario for VET holders would be this reversal to happen! :) Let's wait and see!
Long
by thedailychartist
💡Don't miss the great buy opportunity in VeChain/Ethereum Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002655). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VeChain/Ethereum VETETH is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 0.00003175 TP2= @ 0.00003865 TP3= @ 0.00004845 TP4= @ 0.00005655 TP5= @ 0.00006435 TP6= @ 0.00007585 TP7= @ 0.00009038 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
💡Don't miss the great buy opportunity in VeChain/Ethereum Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002655). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VeChain / Ethereum VETETH is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 0.00003175 TP2= @ 0.00003865 TP3= @ 0.00004845 TP4= @ 0.00005655 TP5= @ 0.00006435 TP6= @ 0.00007585 TP7= @ 0.00009038 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10