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VETUSDT.PS trade ideas

Vechain - Potential bottom inSince topping out in Apr 21 Vet has been in a bear market witnessing a major decline in price. But since the start of the new year Vet, like many other cryptos have witnessed a rally in price. This rally has resulted in a breakout of a major trendline resistance that has rejected the price of Vet multiple times in the past. Vet is above both the 9, 21 and 50 ma on the daily which is bullish and has broken through a key structure level that has acted as support and resistance going back, and seems to be approaching its Nov high. Providing Vet can remain above its moving averages and structure level that is around 0.02077 to 0.02175 then there's a good chance that Vet has potentially bottomed out (blue line). A slight pullback may be on the cards but overall I think its highly probable that Vet will break through its Nov high and then head towards the highs that it made in May and August (red line).
Long
by TheTradingHussle
VET is READY for the trend reversal! BULLHere are 4 simple reasons why VET is ready for a trend reversal: 1. A few days ago we saw a inverted head and shoulders succesfully breaking out to the upside. 2. During that formation there was a bullish divergence in the RSI. 3. At this moment VET is breaking out of the long downwards trend. 4. Beside that we can see that VET is breaking the resistance the 0,0194 region. With the right decent volume we could see the next stop at the resistance around the 0,028 region.
Long
by kennethvanboven
3
Whats next for VET? CONGRATS with you GAINZ!First of all congrats with your profit on VET BINANCE:VETUSDT . You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look. Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why: - VET is in a bullish trend. Check the blue trend line. - We're moving towards the daily 200 MA. - We broke the 50 and 100 MA. - Breaking the 200 MA and the path is clear towards the brown resistance box. - There is still a decent volume. But why do you have to be careful?: - We see a bearish divergence. - Breaking the trendline means we're in for a (small) correction. - The brown box is the next resistance zone. - The 200 MA could give resistance. Happy trading!!
Long
by kennethvanboven
🔥 VET: Bear Market Seems Over!VET has been going down since November 2021, well over 14 months at this point. During this long bearish period, VET has been bouncing off the dotted purple line on several occasions. Until last week it held. As seen on the chart, we're currently in the process of confirming the resistance as support. If we can make a new high above ~0.022 it would be very bullish in my eyes. In case we're going to make a new local high in the near future, I', looking at the blue lines for potential targets.
Long
by FieryTrading
7
VETUsdtVeChain is so bottom and can buy this for HODL this blockchain for Hodl and save is good need start project on this and can going up prize now is so low you go research and buy this for everybody have this need targets mid time hodl and short time on short time cn going to middle channel. canbreak that we go to top channel GL EntryPoint: 0.01993 0.01873 Supports: 0.01736 0.01592 0.01480 Resistances: 0.02121 0.02169 Targets: 0.02432 0.02807 0.03234 Mid time: 0.03964 0.04382 0.05138 0.06064 HODL: 0.07133 0.08467 0.10839 GL
by Shivaz
VET may retrace before going up due to 3 bearish ideasVET price may retrace before going up Rational: 1) Hidden Bearish Div on daily 2) Approaching Overbought 3) Decreased Volume + Increased Price = Reversal ( bearish ) Safer entry - enter on 2hr retest Target 1: 0.0225747 Target 2: 0.0244824 Target 3: 0.0264341 Stop Loss: 0.0178233 Manage Risk - have a stop loss in place price movement prediction Price Prediction not financial advice this is for entertainment purposes only always DYOR
by TradeIntuition
✴️ VeChain Falling Wedge Opens 159% Potential Mid-TermThere are so many reversal signals here that it is hard to choose where to start... Ok. Late December VeChain (VETUSDT) printed a DragonFly Doji candlestick. This is the one with a small real body and a long lower wick/shadow. When this candle shows up at new lows/support, it can be read as a strong reversal signal. The fact that it is followed by a full green candle the next week, gives confirmation. This current week also starting green gives additional strength. This is a strong bullish reversal bias based on candlestick reading from the last three weekly candle. The RSI hit a low and is now curving upwards. We have very big falling wedge pattern breaking bullish. The Red Ichimoku cloud is on top and prices are normally attracted to this cloud. After years of bearish action, the resistance levels turned support need to be tested and thus we come to the following conclusion: VeChain is set to move up. First stop/target will be EMA21 or 0.382 Fib. extension at 0.02150-0.02240 for 25%. Second stop/target for 53% will be 0.02679. Third target almost reaching EMA50 at 0.03333 for a nice, ~90%. Fourth and last target is the 1.618 Fib. extension level matching the weekly EMA100 blue line or 0.04530 for a great 159%. That's the potential, now the risk. The stop-loss can be used as a manual stop-loss, our preferred method, when an entire session closes below 0.01500. If this criteria takes place a buy can be closed. Very low risk... High potential for rewards. Namaste.
Long
by AlanSantana
2
VET - Technical review and analysisVET had a range trend during the last week and a downward trend in the last two weeks. The price of this currency has formed a new downward wave by completely breaking the support of the range of $0.017 to $0.020, and the support of the range of $0.014 to $0.015 and finally, the strong level of $0.010 can be good reaction areas for the current week and the coming weeks. Of course, a short-term stop occurred in the $0.016 range, which increases the probability of the price entering a corrective wave in the 4-hour timeframe. Also, at the time of writing this analysis, the price has entered a trading range area in the 4-hour period, the first resistance of which is at the level of $0.0163 to $0.0165, and the second resistance can be considered in the range of $0.0170. Only if the second resistance is broken, we expect a trend change in this time frame. Otherwise, with a negative reaction to these resistances, we expect the continuation of the downward trend and a decrease in the specified support levels.
by MonoCoinSignal
4
the VECHAIN weekly analysis ...hello guys... I don't wanna bother you with a lot of explanations and conditions... I will go to the main subject immediately... BINANCE:VETUSDT formed two descending channels. the main channel indicates by gray color and the base channel has been shown as red color. as you can see on the chart for several months price moved at bottom of the main channel and the base channel has a steep slope. in my opinion, it will continue to downward movement until reaches to the red area at least! always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment MERRY CHARISMAS EVERYBODY
Short
by melikatrader94
10