VET moving up, has yet to make the top gainers list.Good trend and momentum, on balance volume good.
We have 12+cents, to the teens and on to 20cents.
Your thoughts? Pivot targets black lines above.
VETPERP trade ideas
Vechain on the verge of a huge run! Vet has undoubtedly been one of the most impressive cryptos in the past couple months putting out great numbers and has been in a very solid uptrend. I really think this is due to the realization from both retail and institution of what Vechain is and what it is doing and providing! We recently created a new ATH and i think we are going to see another one soon! Our Zero Lag Macd looks super bullish and we are seeing strong upwards movement with no sign of slowing down! We are beginning to ride the top of the bollinger bands which is very bullish and you can see the same thing and how it played out around FEB and March on the chart!! Ichimoku cloud is bringing us nice green support clouds, pushing up. Overall i think vechain will be one of the best investments for the future, the technology and what they are doing is so incredible and they already have real world use cases that are being used around the world everyday! Personally I can see myself holding onto most of my Vechain for the next few years! Not Financial advice just my opinion!
VeChain SHOULD be in your Longterm PortfolioVeChain Update:
If we look at this VeChain (VET) Daily Chart, we chan see just how strong VeChain is. VET still has its Ichimoku Cloud (Kumo) Conversion Line (Tenkan Sen), Base Line (Kijun Sen), Leading Span A (Senkou Span A) & Leading Span B (Senkou Span B) levels below it as potential support.
VET still has 7 Pitchfork Support Levels and its Pitchfork Hagopian Line level below it as potential support. It is safe to assume that there is no fear of VET ever crossing & closing a daily candle below this Pitchfork Hagopian Line anytime in the near future.
During the dip yesterday, VET found strong support from its Ichimoku Cloud Conversion Line (Tenkan Sen) which was also the level where the 9EMA was at yesterday.
At the moment, VET is testing the resistance of its 0.618 Trend-Based Fib Extension Level.
The Ichimoku Cloud (Kumo) Lagging Span (Chikou Span) is indicating strong very upwards momentum.
VeChain is looking really fantastic, at the moment VET is the Crypto that just keeps on giving. VeChain has also just announced a new partnership with Salesforce…… which is huge. VeChain has a client base that would make any corporate jealous with envy. VeChain is at a real world usage level that other cryptos like XRP, XLM, BTC, ETH and even ADA are trying & striving to get too.
VeChain is already mainstream with real world usage, but it seems to have gone completely under the radar of most. You all know how i fee about VeChain from my previous post, so all i can say is, if you haven’t already, grab a bag while it’s still at $0.1. 🔥🚀🌍🌔🪐🛸👽
VET Has Made It This Far - Only A Couple of Targets Remain Seriously congrats to all the VET holders who stuck it out through the bear market. Since the bottom on March 12th, 2020, VET has gone nearly 70x in value. It is performing in line with some cryptocurrencies from the fabled 2017 crypto bull market. Believe it or not, I called ATH levels for VET well over a year ago, when I felt it was undervalued when compared with XRP, a token with a similar supply. Instead of going straight up and mimicking XRP, VET took a while to establish a healthy uptrend, but has since been one of the better performing altcoins from the 2017-2018 era. Here is my original analysis:
When we compare the two assets, it seems XRP only pumps hard and fast, resulting in a multi-year downtrend, while not really establishing a healthy uptrend within a bull market. This is perhaps why it has so much overhead resistance, though it can go parabolic itself soon if money flows into larger cap altcoins.
Here's the first follow-up to the original post:
My latest update:
And my study, comparing VET with WTC, and why I felt VET would continue to vastly outperform:
WTC still needs to go over 3x before it even begins to look bullish on longer timeframes.
This is a long overdue update. But what now? It's hard to say. My lower targets have all been reached, and it only needs to go a little over 100% from here to get to my $0.22 target. I plan on reducing my VET position further if I see prices continue to go parabolic from here. I'm also not ruling out a large correction towards the 100 day MA (now yellow on my chart), which could result in it dropping all the way towards 4 cents again. I don't claim to know at all where the next market peak will be, but I think if things really heat up for altcoins in the coming months, it can be a great selling opportunity for those of us who got in during the previous bear market. I do think the market may just have one more big move left in its tank. During this time, I can see many alts going another 10-50x.
What keeps me hopeful that VET can indeed pull an XRP (and even maybe hit $1, but I won't get too ahead of myself) is that it still has plenty of room to run against Bitcoin, especially on the weekly. I'm watching this pair as well.
And even against ETH, if the MACD crosses above the zero line. But it's currently at historical resistance (ETH run soon?)
On the bearish side, I want to see the 100 day MA (yellow) held on any larger market correction. I also don't want to see a large breakdown from the wedge I've drawn on this chart. A break ABOVE the wedge would be extremely bullish, and could pull VET up towards my higher targets. There is also support at the 50 day MA (red), which coincides nicely with the wedge support. Even then, that's a sizable retrace towards 5.5 cents.
Let's see! I'm in a decent position, with no initial risk left on the table. I may decide to skim some profit off the table if I see some signs of weakness from the market. Just because VET has achieved my initial targets does not mean it will necessarily head higher from here. If it does, I will be prepared.
This is not financial advice! This is meant for personal use, speculation, and education only.
-Victor Cobra
VET _ Wish Binance would respond to my support tickets!Started adding this in the .04's, and wanted more, but Binance froze my account from trades, deposits and withdraws! Ugh! Oh well hope it gets sorted out soon.
BB, MACD, Stoch, all sing the same song. Buyer beware.
VET EXACTLY THE SAME AS CHROMIAHave you seen how chromia jumped to the moon??
Vet is following the same pattern.
We can clearly see the big M
Time to buy.
We must push this to the limit.
Seen this to your friends! We will make it!
VET going to brekout!Guys who are following me longer know that I made so good predictions in the past. I predicted XRP 1 dollar, Fantom 55 cents, Ether 2000 dollar and BTC 60000.
Please hear to me. This outbreak has a target of around 0.135 dollars a pump of around 22 %!
VET: Ready to popThe chart says it all, really. This project is one to really keep an eye on, if it hasn't caught yours already.
NOT FINANCIAL ADVICE; JUST SOMEONE WHO LIKES DRAWING LINES ON GRAPHS OF COINS IM HODLING
VeChain (VET) - April 6Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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You should watch for any movement that deviates from the 0.09423024-0.10736697 section.
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 0.08985133-0.09423024 section.
If you go down at 0.08867631, you need a short stop loss.
In the CCI-RC indicator, if the CCI line rises above the EMA line, volatility may occur, so careful trading is necessary.
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(VETBTC 1D chart)
We have to see if we can get support at the 170 Satoshi point and rise above the 185 Satoshi point.
If it falls, we need to make sure we get support at the 156 Satoshi spot.
If you fall between 147 Satoshi and 156 Satoshi, you need a short stop loss.
If it falls at the 128 Satoshi point, Stop Loss is needed to preserve profit and loss.
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** 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)
VET price movements and price targetsVET has been doing well recently, with it breaking the strong resistance at around 0.94 (red magneta ish line). And if you zoom in to the 4h time zone, we can see a clear ascending triangle forming against the resistance and lower supports, thus this break out was soon to be due anytime. Dragging from the tails of the ascending triangle, we get a price target of around 0.115 (purple line), which is backed up with the price movement of VET in the past two months. Zooming out again, although not really clear, there is some sort of ascending triangle forming in the past two months of VET price movements, and if dragged will give us a target price of 0.15 to 0.16 ish areas. Do understand that this target price is not in the immediate short term, though if new money would enter and break the "semi" ascending triangle we can see price going to 0.16 within a week or two. The MACD also just showed an uptrend, meaning it is still not late to enter.
With bitcoin now contemplating whether to break out of its current resistance or let the bears eat up, it is a risky move to invest in altcoins for what i call "semi" long term (3months to 6). Though, with high risk comes high rewards. If bitcoin ends it bull run soon, alt season will spike up, and VET is one of the most promising penny alts. For now, my plan is to keep holding it until it reaches $1 eventually, then ill take my profits and go onto the next penny alt. Happy trading everyone~~
Disclaimer: This is not a financial advise. Do your own due diligence, rather than just taking everything into face value.
Open to your ideas, please share them below! My first time posting an idea, i want feedbacks yet i do not have the reputation required to join the chatrooms, so i thought this would do.
VET BETLong to test $0.13 after support formation. Great work if you bought with me from $0.03 to $0.05, we've more than doubled our position. I think VeChain is in the position to come out on top of the industrial-coin market, working with Walmart and other big businesses to reinvent supply chain/product data.
VET At Perfect Place To Take ProfitVET made its way to my take profit #2 level, which perfectly lines up with that 3 standard deviation line (red line). This is a perfect place to take some profits. It's also at $.10 which is a key psychological level.
Vechain(VET) Update: looks ready for another 37% Gain to $0.11Vechain(VET) Update 05/04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below.
Update 30/03/21
Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10.
Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target.
See previous analysis below. Happy Trading :)
$VET #Hodl
Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET next possible moves?So VET has been acting the way we supposed... BUT
there has appeared a new resistance area .89-.85
right now we can test the area again and VET can of course bounce to the yellow resistance line.
But it can also break down and check the trendline...
On the chart, you can see possible scenarios that could happen...
In the long term, VET is still in a bullish trend!
Feel free to check my other ideas :)
Vechain gearing up for an explosive move!Vet has been going sideways in accumulation for a almost a couple weeks now after its huge run up creating new ATH's and support. I believe its just a matter of time before we see VET go on another huge run creating new ATHS and upper supports! All we have in the way is 1 FIB resistance level coming from the ATH! the longer the accumulation goes for the stronger and more explosive our next move will be! The MACD is looking good we are starting to see a slight point up, I think we are going too see a golden cross any day now at the start of the next run up! We are seeing a nice spread among the EMA ribbons which are also slightly pointing up, dont think we will see a flip of the ribbons anytime. And the coppock curve has been on the fall and we are now reaching the bottom and i expect us to see a reversal sometime soon. Overall very bullish on VET i believe this project is going to play a crucial role in the future of crypto and real world retail which it is already dominating in! NFA just my opinion!
Cautiously watching VET (3 day Heiken Chart) As you guys can see from the chart, VET has clearly been showing signs of slowing down over the past few weeks or so since breaking the previous VEN all time high of around 9.5 cents. The recent string of doji candles, coupled with declining volume, an overbought rsi (~82), and a mac d line that might be at a local maximum have me thinking we could be in for a correction. Smaller time frame charts (like the 4 hr) show support around the 7.5 to 8 cents range, which is about 1 fib line down from out most recent swing high (and ath) on the 3 day chart. That said, do I have the guts to sell on this hypothesis? Probably not... Could be fomo, could be that I have no idea what i'm talking about haha. I'd love to hear what you guys think. I'm still long term bullish on VET, as I believe the news to lower VTHO gas fees considerably will help foster mass adoption by enterprises.
Edit: We did see a similar pattern towards the end of June last year, which was followed by a large upswing eventually testing the upper line of the parallel channel. Hopefully this is how it plays out.
