Vechain Hit Or Miss!Potential Reversal for Vechain in coming we may have finished correcting if we break below 0.10 i believe we have some more down trend to consider, if we break the 0.13 it'll be a great sign and we'll most likely to move up from there, the price mainly reflects on bitcoin if bitcoin continues dropping this idea will be considered invalidated due to bitcoin dropping all altcoins in price. any questions , comments on my chart i'd very much appreciate it, if i seem incorrect on my chart i'd appreciate some comments , be safe GME GOD OUT!
VETPERP trade ideas
VeChain - A quick 4hr chart updateQuick and easy VeChain 4hr chart update:
On this 4hr timeframe, VET is above its Bollinger Bands Middle Band Basis which is a 20 period SMA.
VET is back above its 50EMA and has managed to close 2 previous 4hr candles above it and looks like it will do the same for this 3rd 4hr candle.
VET is still above its Least Squares Moving Average (LSMA) for this 4hr timeframe.
I have added just the Ichimoku Cloud (Kumo) part to show that VET is now out of the Bearish Zone and back in the Equilibrium Zone of the Ichimoku Cloud. If you are waiting for FULL Bullish Confirmation for this timeframe, then you would wait for a Kumo Twist where the Leading Span A (Senkou Span A) moves back above the Leading Span B (Senkou Span B) levels creating the start of a new green cloud.
The ADX DI is indicating that positive momentum has increased and notice that the +DI (Green Line) has crossed back above the -DI (Red Line). The +DI (Green Line) now at 19.68 & the -DI (Red Line) at 17.01. The ADX (Yellow Line) is at 17.9 and has dropped below its 9 Period EMA (White Line) which is at 20.39 indicating a weak tend at the moment.
The Chaikin Money Flow (CMF) is indicating a steady increase in accumulation with the CMF Line (Green Line) at 0.08.
VeChain is above its Volume Point of Control (POC) for this visible range.
VeChain is in an Ascending Triangle pattern so we could see another attempt at getting back above the equilibrium zone & back into the Bullish Zone for this 4hr Timeframe.
Here is a closer look at the Average Directional index (ADX DI).
Here is a closer look at the Chaikin Money Flow (CMF).
I hope this is helpful with your Trading or Hodl-ing.
VET In Line with ADA as Whales take Control?Appears whales have grabbed up VET to take control. Now lining up with ADA and other Top projects. Phase B of Wyckoff also likely testing SP2 area. True Strength Index pushing possibly for long position but descension still finishing up.
VET 1h timeframe analysisVechain analysis for the next 3-4 days.
If you see this please send feedback!
Bearishthis asset seems to have lot of bearish symptoms on a strong bullish trend, meaning it has to finish the current corrective wave structure before it can go long again, yet the RSI has provided the bearish hidden divergence.
our recommendation is to sell it towards the zone of 0.03491 and 0.0048.
the scenario will be invalidated if the price can successfully break above the current resistance of 0.15975
VET - Time To Short AgainVET has made its way back to resistance again, wicked through and now sits as it did before - plumb on 0.13. Although it could perhaps drift a little this should be the top right here. Price could really collapse here in tandem with Bitcoin collapsing out of a wave 4 flat correction into a devastating wave 5. See my Bitcoin thread below for details.
Not advice.
VeChain Daily Chart UpdateVeChain Update:
What an absolutely crazy couple of days. Remind me never to buy a Tesla.
At the moment of typing this, VeChain is still below its 50EMA on the daily chart. VET needs to eventually close a daily candle above this level and turn it into strong support.
VET is above its 200EMA.
At the moment of typing this, VET has found a support & resistance at its 100EMA. VET needs to close a daily candle above this level and turn it into strong support.
Notice that VeChain came close but never actually managed to drop & close below its Pitchfork Hagopian Line indicating that this longterm upwards Pitchfork Pattern is still valid.
At the moment of typing this, VeChain is still below its Bollinger Bands Middle Band Basis which is a 20 Period SMA. VET needs to eventually close a daily candle above this level and turn it into strong support.
The Bollinger Bands Lower Band is starting to curve sideways indicating volatility is slowing.
The Price has gone back above its LSMA and has closed a daily candle above this indicator yesterday.
The Chaikin Money Flow (CMF) is indicating VET is back in the Accumulation Zone and heading sideways with the CMF Line (Green Line) at 0.02.
The Average Directional Index/Directional Movement System (ADX DI) is indicating the -DI (Red Line) is at 26.2 still above its +DI (Green Line) which is at 12.2. The ADX (Yellow Line) a 36.8 still above its 9 Period EMA (White Line) which is at 32.2 indicating a strong trend but notice the +DI is pointing upwards and the -DI is pointing downwards so we may eventually see a +DI cross back above the -DI for renewed upwards positive momentum.
Notice that the Volume is increasing and is above its Volume 20MA (Orange Line).
During the recent Crypto drop, VeChain was one of the cryptos that was hit the worst but it is now showing signs of a possible strong recovery. It’s still too early to say for certain but a good sign for the entire crypto market will be if BTC manages to close a daily candle above $40.5K which is roughly where the 200MA is on the BTC daily chart and turn that level into strong support.
It should be an interesting 2 months for VeChain with POA2.0 and possible DHL & Government carbon projects on the horizon. Also, congrats if you managed to accumulate more VET at $0.05 - $0.1 during the drop.
I hope this is helpful with your Trading or Hodl-ing.
CMF
ADX DI
VET - Ready for takeoff, or DCB?If I were trading off the Stochastic, it would be go time on VET. According to Stoch, VET is coming out of an oversold condition.
While the MACD appears to be moving toward the same decision, it has not confirmed that selling is over.
Bollinger Bands have VET moving away from the lower band, but we could see VET just returning to the SMA, currently at .16, and then returning to a downward move.
At this time, I'm just going to go with my gut instinct and add a little more at his level. I think VET below .10 is just too good of a deal to pass up.
VET Hyper PumpVet is going to moon. Over time. The end.
the old drawings were my predicions the spirals are the targets. next targets 8$
VET - Short Me One More TimeVET is stalling in the 0.618 - 0.786 fib retracement area. Opening another short here.
Not advice.
VET ready to breakout!!?Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the descending channel and the 100 day MA i think VET will start to explode once again like we saw a little while ago! Our RSI is pointing down slightly around the oversold zone and we have lots of room to run up to that midpoint line, for a full uptrend we need a confirmed break of that 50. point! The zero lag MACD looks very bullkish with our lead heading up and a start to a confirmed flip bullish with our blue MA ontop of the Orange. Very Bullish on Vechain as a long term project too i love the tech and real world use cases they are providing and could definitely see VET as a top tier crypto project in the near future, their partners are quite impressive and big institutions are really starting to realize what Vechain can provide and bring to their businesses! Not financial advice just my opinion!
VeChain - Take the risk or lose the chance? Possible 800% Why this analysis can be true :
- parabolic move is still valid
- we bouncing off from double support
- trendline support and parabolic support
So do not miss this great opportunity !
*NFA an DYOR only my POV !
VET projects to $1.50 by mid OctoberI've lined up the 1,3, and projected 5th intermediate waves for Vechain (VET). It projects to $1.50 by mid October to complete this bull cycle. JMHO
VET Taking The Place Of XRP As Worst Long Trap Down 51% CRASHTitle says it all - this name is CRASHING it's down 51% this morning - That my friends is a CRASH. We are short this name .- Not advice
February Dip vs Current Dip (VETUSD)The two dips seems to really resemble each other. However, the current dip is lasting almost 3 times longer.
buy and sell indicatorscan someone explain this to me i saw this on social media but i dont understand when to sell and to buy!
VET BETTwo ways this can play out.
1. Breakout from yellow neckline. Long (more likely)
2. Break down below yellow neckline. short
VET - Best Potential Long Becomes Best ShortI had hopes for VET to make a final leg up. Before BTC crash it was holding the line very well. And imo it is still one of the strongest alts, but I think all that means now is it is the one holding closest to resistance at 0.13 and that can make it a short with good RR. In a little while VET and all alts should be taking a tumble because BTC has wicked into SOW resistance see my Wyckoff thread for full details and that should be a heavy, effectively near impossible overhead to overcome now. The only way is down I think, and there will be no continued alt season.
Opening a short her at 0.13 TP 0.035 SL 0.165. If I see price retreating quick on a crash I may just sell. Btw if it works I will exit my short mid way and re-fire to not incur short retracted loss.
Not advice.
VeChain Falling Wedge VeChain forming falling wedge, DSI numbers are bullish on 12 hour. Had a Green buy dot print on 12 hour chart. Here come all time high after we break wedge upward.
