VET: Three Drives Pattern Fractal 📈🔄In the intricate dance of patterns, VeChain (VET) has caught our attention with a fascinating tale. The recent shift from a bearish trend, marked by the Three Drives pattern, has now given way to a bullish narrative. Let's unravel the patterns and explore the potential bullish strides, as VET appears to embark on a reversal journey. 📈🔄
The Three Drives: A Bearish Prelude:
VeChain's journey took a turn into bearish territory as it completed the Three Drives pattern. Three distinct drives downwards marked a phase of bearish momentum, leading to a significant price decline.
Reversal in the Making:
Pattern Recognition: VeChain is now showcasing a pattern reversal, reminiscent of the Three Drives but in a bullish context. This pattern typically involves three significant lows, signaling a potential shift in momentum.
Similar Structure: Just as the Three Drives marked a bearish trend reversal, the current pattern suggests a bullish turnaround. The repetition of similar structures is a fascinating aspect of market dynamics.
The Bullish Targets:
With the emergence of the bullish pattern, the next question is where VeChain might be headed.
Target Price: The initial target for this bullish move is set at $0.036. This level becomes a point of interest for traders anticipating a continuation of the upward trajectory.
Trading Strategy:
Confirmation: Wait for confirmation of the bullish reversal through price action, ensuring that the pattern is indeed leading to an upward move.
Volume Analysis: Monitor trading volume during the reversal. A surge in volume can validate the strength of the bullish momentum.
Risk Management: As always, employ risk management strategies to safeguard your investments in the dynamic crypto market.
Conclusion:
VeChain's journey, marked by distinct patterns, has transitioned from bearish drives to the potential for bullish strides. As the market unfolds, strategic traders may find opportunities aligning with the emerging trend.
May your trades be in harmony with the patterns of the crypto market.
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VETUSDT trade ideas
VET/USDT Uptrend Within the Ascending Channel? 👀 🚀 💎 VETUSDT has been on a steady climb, securely navigating within an ascending channel, signaling a strong likelihood of continued upward momentum.
💎 Currently, the price is retesting the lower boundary of this channel, presenting a significant chance for a bullish move. A critical point to consider is if the price breaches the lower boundary, a bullish strategy from the demand level may be initiated, with a break below potentially leading to a notable downturn. In this scenario, the interplay of probabilities and mathematics becomes crucial, offering a clear view of the risk-reward landscape for investors.
💎 As long as VETUSDT sustains its position above the demand zone, our MCP team foresees a potential rebound in its value. A definitive bullish signal would be the breach of the recent high at $.2168, marking a strategic entry point for market participants. Following such a breakout, we expect the price to approach one of our identified resistance levels, as outlined in our chart analysis. Notably, the second resistance level coincides with the upper limit of the extended ascending channel, potentially acting as a target for profit realization in the event of a sustained uptrend.
💎Paradisers, we remain vigilant for the establishment of a new higher high, a development that would likely usher in the next phase of the uptrend
VET bullish continues.VET embarked on a bullish run, surging past a critical resistance level at $0.021. This propelled the creation of what I term an Optimal Trading Zone (OTZ). Now, my focus is on the anticipation of the price entering and ideally closing within or above this zone, solidifying the potential for a double bottom pattern. It's crucial to emphasize that any closure below the OTZ would discourage me from entering trades. The OTZ holds a pivotal role in shaping my trading strategy.
VetUsdtVeChain is good Alt for Bullrun
Thsi analyse for Big Picture on bullrun and this cycle but for entry point or close point use for short time
but this is for Spot trader
GL
EntryPoint:
0.02191
0.02098
0.01995
0.01920
Supports:
0.01755
0.01575
0.01475
Resistance:
0.02383
Targets:
0.02800
0.03430
0.03823
0.04456
Midtime:
0.05940
0.07294
0.09465
HODL:
0.12619
0.15492
0.20103
0.26802
GOALS:
0.31987
0.42647
GL
SasanSeifi 💁♂15% Price Growth as per Latest Analysis 🔥Well, as you can see from the latest analysis, the price has made a pretty impressive 15% jump, almost hitting that second target of $0.020. Right now, it's trading in a range around $0.018.✅🚀
💹What we're hoping for is that, after this period of range-bound action or maybe a little correction, once the pullback process is all wrapped up and confirmed, we might just see it making a sweet move up to the liquidity zone at $0.021/$0.022. You can even check out the possible trends in that chart up there.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
VeChain (VET) Emergence Of A Bullish Trend.VeChain (VET)
The local trend for VET seems somewhat uncertain. The asset is now trading between a support zone of $0.0158-$0.0164 and a resistance level of $0.0175-$0.0180.
If it moves beyond this bracket upwards, VET might target the seller-dominated range at $0.0186-$0.0190, with a shot at solidifying its position above the psychological $0.0200 mark. This would suggest the emergence of a bullish trend.
VET is highly correlated with the BTC, especially during declines. As such, any downtick in BTC tends to ripple into VeChain's trajectory. Beneath the present support threshold, seller momentum gathers at $0.0155, dipping further to the monthly low at around $0.0146.
VET/USDT bullish horizons? 👀 🚀 VET Today analysis💎 Paradisers, set your sights on VETUSDT as it approaches a resistance level, signaling an elevated likelihood of a bullish ascent.
💎 In our previous observations, veChain successfully broke free from a descending channel. Following a brief pullback, it embarked on a bullish trajectory. Currently, it's grappling with the resistance at 0.01937.
💎 Should it surpass this level, there's a strong probability it will challenge the above resistance once more. Alternatively, there's potential for it to harness bullish momentum from the demand zone at 0.01820.
💎 However, if it dips below this demand zone, the scales tip towards increased downward potential, likely leading the price to revisit the robust support level.
VET/USDT has a Good Run 👀 🚀| What's Next for VeChain?💎Yello Paradisers! Turn your gaze to VETUSDT. It's currently navigating within a demand zone, hinting at a possible bullish shift.
💎For quite some time, VET has been maneuvering within a descending channel. As of now, there is a high probability that VET will see a bull run to the Bearish OB and the supply zone due to volume surge.
💎If VET manages to cross the .0193 mark due to its Position in the demand zone and huge volume, the bullish probability will strengthen. While noobs might think of shorting around this level, it's prudent to see the bigger picture.
💎On the other hand, if VET descends below the .01820 demand mark, it might be gearing up to touch a more robust support zone. As always, keep your eyes peeled and strategize with foresight.
💎Sharpen your trading decisions for VeChain with ParadiseFamilyVIP. Immerse yourself in our expert analyses on VET and other potential tokens, refining your crypto approach.
VETUSDT - FutureTrading Idea for BYBIT:VETUSDT.P
This trading plan incorporates mechanical strategies along with smart money concepts.
Kindly note that engaging in FX, stock, crypto investments, and other financial instruments entails inherent risks. We strongly recommend seeking advice from a financial advisor or conducting extensive research before finalizing any investment choices.
Keeping an eye on #VET/USDT resistance zone in 4-Hour TF!Keeping an eye on #VET/USDT resistance zone in 4-Hour TF!
NYSE:VET needs to break and retest the $0.0198 resistance level to gain the bullish momentum. Wait for BO to open a long position.
#VETUSDT first local support level is PDL $0.0183. Breakdown this support will be a bearish.
VET ANALYSIS (4H TF)We are still on the green zone of the previous analysis. But according to the recent data we have on the chart, we can recognize an ABC wave that we are now inside a B wave, which is a diametric.
The g wave can end somewhere between the 0.718 fibo and 100% of the a wave. We have updated the green range compared to the previous analysis.
If the price returns to the green area, it is a buy/long opportunity.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
VET/USDT WHAT NEXT? 👀 VET Today Analysis💎Paradisers, turn your attention to VET/USDT as it showcases a compelling trajectory, currently navigating within a descending channel and setting the stage for potential outcomes.
💎In the past, vechain broke free from its descending channel, embarking on an upward trend. However, after facing rejection at a higher resistance, it has once again aligned with the descending channel pattern.
💎 At this moment, it's revisiting the channel's support, hinting at two possible scenarios: Firstly, if the price upholds the 0.01600 support, we could see a bullish ascent towards our anticipated resistance level. Conversely, should the price dip below this support, we're confident it might gravitate towards the daily support once again.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
SasanSeifi 💁♂VET/ USDT DAILYHey there! By analyzing the VET chart in the daily time frame, as you can see, after a period of growth, the price has experienced a minor correction, and it's currently trading in the price range of 0.017 after coming down from the 0.018 range. In the daily time frame, the expectation is that, with the maintenance of the price range between 0.016 and 0.1530, the price may experience growth toward the liquidity zone at 0.01850. To better understand the continuation of the price movement, we need to observe how the price reacts at the crucial resistance zone of 0.018. It's possible that, upon confirmation, we might witness a rejection of the price. The potential scenarios are also indicated in the image above. Additionally, if the price manages to establish itself above the 0.018 range, the target range of 0.020 could be considered.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
VET target 0.192h time frame
-
VET broke and retested the falling wedge structure, it also got support at 0.618 Fibonacci Retracement, which is good to accumulate momentum. Last step VET need to maintain pumping momentum is to go above 0.0174. With breaking above previous high, this wedge could be regarded as continuation structure, and targets as below.
TP: 0.019~0.0195 / 0.0198
SL: 0.0164