VETUSDT trade ideas
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.
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!!
🔥 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.
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
Vechain | Breaking out of Falling Wedge..!!
VeChain is Breaking out of Falling Wedge in HTF Chart.
Seems like Correction phase almost Done & Ready for Bounce Back..📈
I have Already Bought a Heavy Bag of $VET for the Midterm..
Expecting 3x Bullish Rally Soon.
Patience is KEY and will be Rewarded. ✍️
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
VET with increasing volume ( as it crossed key level of 0.019439VET with increasing volume ( as it crossed key level of 0.0194393 )
Market Cap: 1.45B
Category: Smart Contracts
Target 1: 0.0213723
Target 2: 0.0238299
Target 3: 0.0261380
Stop Loss: 0.0182522
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
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
✴️ 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.
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.
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
VETUSD (4H) - Bearish breakoutHi Traders
VETUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.0156 support level. Only the upward break of 0.0166 would cancel the bearish scenario.
Trade details
Entry: 0.0156
Stop loss: 0.0166
Take profit 1: 0.0150
Take profit 2: 0.0140
Score: 8
Strategy: Bearish breakout
VETUSD may drop even 80 % in this bear marketVETUSD looks mega bearish.
The price got rejected from the resistance multiple times.
To be honest, there's nothing bullish now on this chart. It looks like it can drop even 80 %, however there are multiple support levels that may hold.
In case of playing short position , we recommend taking profits at support levels (red lines).
Probably many persons will think that it's crazy to predict 80 % drop for VET, but remember, this is crypto and altcoins may go parabolic down in a bear market . Alts can reach crazy low levels before finding the bottom.
BTC.D looks like it wants to rise which is another reason why we expect altcoins to dump a lot.