VETUSD trade ideas
Atleast 2X hereVeChain, this all looks corrective with only 3 waves.
Correction was due after big jump up
We could lable this now as wave c of Wave 4
Also note the RSI, extreme levels on top and now extreme levels with bullish divergence on the RSI
Atleast 2X here
VET - strong buyAfter a healthy 40% correction, VET hits a strong support line,
if you disagree with my analysis, please elaborate,... there always room for improvement :)
VETUSD 12HPrice has reached the powerful ascending trend line, which price has made very strong moves off in the past. Price has also retested previous resistance as new support structure, which aligns with the 50 fibonacci retracement of the last major impulsive movement. Price is now showing signs of slowing down at the key support zone, showing signs that buyers may step in to start a new impulsive stage & resume the uptrend for a new potential higher high next towards 0.35000 ...
VETPERPVechain, seems like 20 cents is an obstacle. if we can break through i see it going up no problem, however like ive said before.. that wick at .12 -.13 cents is tricky.
Vechain - winning momentum Traders and Investors welcome -
My name is Kevin find below a summary of what I think Vechain might do and not.
* To be honest I would not have Imagined such selling power within the Vechain community neither within the crypto market that soon. However we still have more than 6 months to close the year with a good result and surpass the ''All Time High''
* We see a lot of liquidity in general, which take obviously place to place better buys.
* See the below image to have a full overview on how I would suggest myself in a long term position
Thanks and take care !
$VET SetupSuper simple setup - crypto is usually that way. It's a symmetrical triangle coming from upside - so bias is to the bull side. Only looking to play the long side in this one. It breaks out above 0.248 today - that point slopes down every day by about 0.002. Remember to look for the daily close as confirmation. Price targets are 0.300 and 0.325. It will break down below 0.154.
$VETUSD For PC Hey guys sharing we just caught the low on VET, aim tp 1, 2, 3 green arrow, tp1 stop is even
Vechain Bull Flag!!Vechain has been in a bit of a cooloff and bullflag since our huge run up, we had a false breakout of the bull flag and we are approaching the bottom also the 0.5 FIB level. I would like to see VET hold this level for our daily close tonight and start to push back up, as you know BTC will drag everything down but once BTC starts to settle ALTs are going to takeoff. We must watch the bollinger bands as we do not want to start riding the bottom band which is very bearish, BTC is actually already riding the bottom band and is falling pretty hard. The RSI bounced off the 50. point line but looks like we are starting to curve up a little. If we do fall hard with BTC i will be buying the dip i think Vechain is a crypto for the future! The MACD is falling but we are seeing some resistance from the red MACD lead, we are starting to even out and point sideways, we want to see the Blue MA flip the orange bullish to get that confirmation of a move up. Not financial advice just my opinion!
VeChain - 4hr Inverted Head and ShouldersVeChain - A quick 4hr chart update
VeChain has broken upwards from its Inverted Head and Shoulders pattern.
VeChain is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. Note that the Bollinger Bands Upper Band has started to point upwards.
VeChain is below its 50EMA fro this 4hr timeframe. We need to close a 4hr candle above the 50EMA for this 4hr timeframe.
The Ichimoku Lagging Span (Chikou Span) is indicating momentum is upwards or this 4hr timeframe.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards for this 4hr timeframe.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum’s sideways for this 4hr timeframe.
VeChain is trying to get back over its Leading Span B (Senkou Span B) resistance level, crossing this level will take VET out of the Bearish Zone & back into the Equilibrium Zone of the Ichimoku Cloud for this 4hr Timeframe.
The Chaikin Money Flow (CMF) is showing that VET is still in the accumulation zone at 0.13 for this 4hr timeframe.
The ADX (Yellow Line) is at 47 slightly below its 9 Period EMA (White Line) which is at 48. The -DI (Red Line) is at 24.5 above its +DI (Green Line) which is at 15.1. Notice that the _DI (Red Line) is pointing downwards and the +DI (Green Line) is pointing upwards, if upwards pressure maintains then we may see the +DI (Green Line) cross back above the -DI (Red Line).
If VeChain closes this 4hr candle in the Equilibrium Zone, then VET will be poised to attack the Leading Span A (Senkou Span A) cloud resistance to try and get back into the Bullish Zone of the Ichimoku Cloud for this 4hr timeframe. If VET crosses back into the Bullish Zone, we will then get a Kumo (Cloud) Twist back in to green indicating a renewed Bullish Trend for this 4hr timeframe.
I hope this is helpful with your trading and hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
VET TO THE MOON !! BIG PICTUREHello,
As per the request from my members here is the vet analysis,
seems a little pullback is required to demand zone before marching on towards 1.50$
perfectly above the 20 daily moving average.
Cheers.
VET - Take A Wild Ride ?VET is showing clear upside price divergence against Bitcoin falling and this is a considerable show of strength. If price remains in this corrective area as Bitcoin descends then it will likely be a continuation pattern for a next wave up. I've plotted a possible elliott wave count and a penultimate with wave projection of $1.53! Invalidation is below the wick down at $0.13
I am surprised by what is happening and it will probably be true for other coins if i is for VET, but VET seems particularly strong right now.
I still maintain that alts will suffer very large losses from wherever their top is, but things are becoming less black and white and lets see what happens. Its a very interesting juncture.
I'll be waiting to see how Bitcoin behaves and if VET holds up I'll make an entry.
Not advice.
VETCrypto - Looks to be in a ABCDE coiling patterning. 2 Possible outcome depending how which way it breaks.
VET - Wyckoff Method -6 hourbased on the Wyckoff Method, you can see that we are in Phase C of accumulation.
the "spring" period misleads retail traders who believe a price breakdown and a lower-low are imminent.
Test - The Composite Operator test the price for the last time. If there is a considerable amount of supply, the market is not ready to "take-off" and test may be on the way.
We will need to break the Last point of support, which is resistance at the current price
Once we break the All-time High, we should expect the price to pump towards .30 cents for the first target.
I will update once i get more information after breaking the first resistance.
As always:
Do your own research
Do not trade on emotion, execute logic and willpower
Question the trade, Entry Points/Exit Points, and question your greed.
It is a game, do notlet it play you.
Buy safe entries, never buy FOMO pumps. Safe entry points are unlikely to get retested and but are insanely profitable.
Cut your losses quickly -5%, hold if worse than that. Better yet move money into a different coin you are currently holding.
Keep gains bigger than losses and you will succeed.
Buy the rumor, sell the news
VET Consolidating, where to next?Vechain update:
Daily & 4 HR remain bearish at the moment, but from a TA standpoint it looks like we may have found our support here. This would complete a triple bottom and indicate a reversal to the upside. Looking at he 90min chart we see Cypher B indicator in Panel 2 showing some bullish activity.
Rule of thumb:
-PRICE ACTION FIRST, THEN INDICATORS: at this point in time I would not call a bullish reversal until price action breaks through the waves of cypher A and flips from gray to white. Those EMAs are our nearest resistance with the FIB levels to follow. .20 is our battle ground, break above we're bullish, a rejection would entail another retest of our nearest fib support. For more details or my play by play, feel free to comment and ill get back asap. Personally, I am perpetually long VET as I see this changing and being the future global logistics blockchain integration.
VECHAIN | CURRENT STATUS | LIVE UPDATED*We will update this chart daily.*
VeChain is currently (at the moment of speaking) trading at 0.188714 dollars.
We just got a correction that was needed to keep the upwards movement. The correction was caused by Bitcoins correction caused by Elon Musk tweeting about not accepting Bitcoin as Tesla's payment because of the huge energy consumption when mining Bitcoin.
But Elon also said that it will do research to let Tesla being paid with other altcoins that have less than 1% of the energy consumption of Bitcoin. This is very good for the market in general. I think Bitcoin can be heading to 100k from now on.
This was one of the corrections I was waiting for.
Tesla will probably choose one of those as new payment:
ADA (Cardano)
XRP
Doge
LTC
EOS
I think doge has the biggest chance of being used because Elon also added a poll on Twitter that was asking if Doge should be used as payment with a 76% answering yes. But silently I hope it will choose ADA :)
Enough about other coins than VET :)
We just broke the resistance of 0.185 dollars. I hope it can close today above this resistance (then it will become support). The next (small) resistance will be 0.2032 but we saw in the past that it easily breaks this resistance/support so I am more looking at the big resistance of 0.2211.
On MA exp Ribbon chart we can see that volume went down and is ready to move up again and on the MACD chart we see that the 2 lines are crossed and is a bullish or upwards signal. If we break our support now we will go down back to 0.1631.
Don't have fear and sell vet, we just had a huge opportunity to buy VET at cheap prices and are ready to start the upwards movement. If we reach 0.2211 in the short term it will be a + 17% so don't panic.
Good luck!
