VETETH trade ideas
[Long] VechainI have been a long term holder of Vechain for a while now, sitting comfortably on a Thunder X Node just collecting the "dividends".
I recently noticed the run up in crypto and decided to take a look at the space again...
Wow! Vechain is doing things!
A Nike shoe is being produced, tracked on Vechain:
heraldsheets.com
Something about infection risk management:
medium.com
It remains my belief that Vechain is the foremost and premiere "blockchain as a service" that is usable by enterprises. Over time, this will become more and more apparent as its list of companies and partners grow. In my opinion, this enterprise-use value represents the "intrinsic value" necessary to make VET some kind of store of value. That is my main concern with Bitcoin, which IMO lacks "intrinsic value" although makes up for it with "liquidity value" for the time being.
But enough of that, as a trader I really just care about charts. Well, the daily chart of VET against USD, BTC, and ETH are all shaping up VERY NICELY if I may say so. I remain a long term holder and am not interested in trading it.
VeChain- Alt coins Sherem ownsI got in this one at a killer price down at .0002 and I am hodling. If you are looking to buy in, it appears we could possibly be approaching a buy area again.
We can see that the MACD is beginning to soften and RSI is almost in oversold territory. Between this and the support zone just below, i imagine we will head down a little more before we have another major move up.
Happy hodling,
-Sherem
There is a trading opportunity to buy in VETETHTechnical analysis:
. Vechain/Ethereum 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 48.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002380 to 0.00002075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002380)
Ending of entry zone (0.00002075)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00002650
TP2= @ 0.00002910
TP3= @ 0.00003250
TP4= @ 0.00003850
TP5= @ 0.00004600
TP6= @ 0.00005400
TP7= @ 0.00006050
TP8= @ 0.00007700
TP9= Free
There is a trading opportunity to buy in VETETHTechnical analysis:
. Vechain/Ethereum 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 48.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002380 to 0.00002075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002380)
Ending of entry zone (0.00002075)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00002650
TP2= @ 0.00002910
TP3= @ 0.00003250
TP4= @ 0.00003850
TP5= @ 0.00004600
TP6= @ 0.00005400
TP7= @ 0.00006050
TP8= @ 0.00007700
TP9= Free
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
TP6= Free
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
TP6= Free
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. VeChain/Ethereum 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 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003900 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003900)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004660
TP2= @ 0.00005390
TP3= @ 0.00006060
TP4= @ 0.00007690
TP5= Free
There is a trading opportunity to buy in VETETHTechnical analysis:
. VECHAIN/ETHEREUM 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 73.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003960 to 0.00003380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003960)
Ending of entry zone (0.00003380)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004660
TP2= @ 0.00005390
TP3= @ 0.00006060
TP4= @ 0.00007690
TP5= Free