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VeChain updateVeChain (VET) Update: VeChain is safely above its 50EMA. VeChain is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. The Bollinger Bands Lower Band has moved up closer to the Middle Band indicating volatility has slowed and we may see some sideways ranging. VET is still well within in the Bullish Zone of the Ichimoku Cloud. VET is above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen). The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways at the moment. VET has found some support from its Lower Yellow Pitchfork Support line. The Chaikin Money Flow (CMF) is indicating accumulation has dropped but the CMF (Green Line) is still in the Accumulation Zone at 0.07. The Moving Average Convergence Divergence (MACD) is indicating that the MACD Line (Blue Line) is still under its Signal Line (Red Line) and moving sideways. For most traders, a buy signal is generated when the MACD Line crosses back above the Signal Line. Volume is still relatively low at the moment compared to previous trading days. So it looks like we may see a few days of consolidation before VET makes another attempt at creating a new ATH above its Upper Yellow Pitchfork Resistance Line which could take VET over $0.4. I wouldn’t be surprised if VET is over $1 by July latest. Seriously, i’ve been accumulating VET since $0.009 and I’ve never looked back. I tried to convince some friends about the potential of VeChain and how its different from other blockchain projects especially because of the huge PwC partnership it has. Now that VET is at $0.2 everyone is now jumping on board, All i can say is, get as much as you can before VET gets over that crucial $1 mark. 2020 has been slow for VET because of Covid-19, now that businesses & supply chains are getting back to normal, VeChain will soon awaken & start chipping away at the top 10. I hope this is helpful with your trading or hodl-ing. 👍
BINANCE:VETUSDLong
by entertheroach
6
VETUSDT 1day ://shes lookn strong (srry never got posted yesterdvet is a supply chain blockchain all combined with vr codes instead of barcodes. No more reentering data at ever stop. like v chain under .20 but she looks like she wants to start running top picks that r easy to buy n stake ADA ALGO then like UNI 1INCH SWAP CEL DMST STMX these r some basics but all in all the focus is on eth n btc for us. others we have or like r BLANK this security token is non cust. wallet n token that hides all etherum activity_ shats d0pe but getn killed rite now. would watch n wait _ look to buy under 2 as low as 1.65 1.50 range __MAYBE RAMP getn ready to run with BSC intagration AUDIOS or AUDIO is interesting as well and looks like she is heating up n took a hit last month so great time to jump in there Refinable or FINE is also super interesting. this project was a long time in the making but had the bad luck of launching during that BTC n market hit last week or so also keep an eye on anything that helps mass adoption. for us this is 3 areas in that will matter. _cross chain ease of use will be king esp as layer 2 begins to intagrate with exsisting blockchains and projects. _fiat on n off ramps. like exchanges that have debit cars or in general catore to the consumer and not so much the goverment. EVEN square or paypall are big ones even though you cant really move the crypto u buy out of there platforms even robinhood and webul have the same restrictions. this should change in the future but for now it is an important step to get the masses involved. _real world use case like stormX selling and connecting merchants and consumers to buy anything you would normaly buy off the internet or vechain who is building a supply chain all on a blockchain or even ada creating a blockchain education tracking and support for developing countries in africa and even to NFT projects that tie in real world assets like car loans, property, art work, or even gold etc.
BITFINEX:VETUSDLong
by HustleGrindMomentum
VeChain (VET) - May 2Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (VETUSD 1D chart) You should watch for any movement that deviates from the 0.19129250-0.25429895 segment. In particular, it remains to be seen if it can rise along the uptrend line. If it falls, you need to make sure you get support in the 0.17029034-0.19129250 range. If you go down at 0.17029034, you need a short stop loss. If you go down from the 0.12828604 point, you can touch the 0.09410614 point, so you need to trade carefully. If the red of OBV on the volume indicator does not increase, it is expected to maintain an upward trend. In the CCI-RC indicator, it remains to be seen whether the CCI line breaks above the EMA line. ------------------------------------- (VETBTC 1D chart) We have to see if we can get support and climb at the 350 Satoshi point. If it falls, it remains to be seen if it can gain support in the 316 Satoshi-350 Satoshi section and climb along the uptrend line. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:VETUSD
by readCrypto