Retest or ReverseHi everyone,
My last post was about BTCUSDT where I explained why we might be bullish for the rest of this week.
Looking at the chart of VETUSDT, the price has just broken the consolidation area to the downside, and we are now resting the support level to become a resistance level.
However, due to the fact that we are on a higher time frame support (or demand zone), we might witness at least a higher time-frame pullback to the upside.
In conclusion, if we see a rejection from the retest area, it means that we are going to make new lows and continue the downtrend. Although, if we get to break the area of consolidation to the upside, we might see a higher time-frame pullback which will create an opportunity to make a buy.
VETUSDT trade ideas
VETUSDT wants the breakout?The price is creating a falling wedge on the daily support on the 4h timeframe.
After a clear rejection from the daily resistance the price is testing the key level
How to approach it?
IF and only IF the price is going to create a clear breakout and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Wyckoff Accumulation?Was unsure as drawing the schematic was a bit difficult here. Found this one schematic that may show accumulation which could push Vechain higher. Could dump any min. 1D, 4hr, 1hr, 30min, and 15min Stochastic RSI is oversold if not just about oversold. RSI on 15min very oversold and based off the smart mcdx indicator almost all yellow is gone so based on how i use the Smart MCDX indicator, almost no yellow is good accumulation time. Not financial advice.
VETusdtVeChain is good potential for move up adn save
this targets for short-mid and long time for HODL
but remember wait buy on Entry Point and bette ron this market close targets set or hodl for year for high targets
(this not financiale advice)
vet need break orange trend line is hard resistanc trend line
EntryPoint:
0.02401
0.02186
Supports:
0.01912
0.01602
0.01344
Resistances:
0.02563
0.02748
Targets:
0.03029
0.03341
0.03839
0.04583
can break trend line this targets :
0.05744
0.06458
0.07640
mid time:
0.10482
0.13136
0.17492
HODL:
0.24007
0.30056
0.40025
GOAL:
0.62998 (0.63000)
GL
VET can save bottom blue trend line can back and need save this support Trend line
GL
SHORT SETUP VETUSDTVeChain seen a breakdown of the rising channel after touching the major resistance level.
Now we see it consolidating in a horizontal channel and a bearish orderblock.
Considering we are still in a bearish phase overall in crypto we will most likely see a breakdown of this channel.
Im expecting a retest of support levels 0.02510, 0.02410 and 0.02230
VET - The sentiment has changedHi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
I was the one calling for longs from 1D Bband Basis. But this ended up not being the case.
Right now we have a great opportunity to enter a short trade on the 12H TF. If we do have a pullback on the 12H we could have a nice entry point inside this Red Rectnagle.
I'd short to the 12H Aqua Lower which is at level $0.024XXX right now and i'd leave a part of my position to keep running in case of deeper correction.
I will share the details of the trade when time comes
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Click like and make sure you are following me on TradingView!
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
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***
Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy)
Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
Orange Dotted Line - Profit taking Point
***
VETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for VETUSDT
According to our last analysis on August 17, we expected a falling trend and now one of our targets is hit. Here we have R2 and R1 as the resistance areas and the disability of the price in order to rise is clear in them. And even S1 and S2 are the support areas which express the support of the price at several points. Currently, you see that we have the price fluctuating on S1 line and here we have two scenarios for the price to happen. Either we will have some rising signs and we predict an increase for the price to R1 and R2. Or the price loses the support and it will face a decline toward S2. So we must wait and see what future reveals.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$vet #vechain/usdt 1hr Vechain is essentially following $btc #bitcoins lead, which is short term bearish. I am neutral for now on $vet but long term very bullish, at the minute vet is going sideways but my target for end of year is $1 vechain vet. As the fundamentals are excellent, for example
#Vechain's partnership with PWC has been highlighted in the paper 'Importance Of Blockchain Within The Big 4 CPA Firms: Cryptocurrency’s Existence,
and #Vechain has also become the official Layer 1 #blockchain partner of the ufc in a historic global marketing partnership With 900 million+ households across 175 countries, $VET will receive unprecedented brand/asset integration. fundamentally vechain is a excellent choice to buy and hodl, but to trade in the short term is of course reliant on bitcoins movements, as with most of the market. i would spot buy for now and hold, and not buy on margin until we get some clarification what the market (btc intends to do). I provided some Ta on the 1 hour for those that do want to scalp trade, rsi's aren't to high but currently going sideways for today. thanks like and follow for more updates. Technically Bullish.
💡Don't miss the great buy opportunity in VETUSDT
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02849).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.03008
TP2= @ 0.03311
TP3= @ 0.03494
TP4= @ 0.03695
TP5= @ 0.04380
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in VETUSDT
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02849).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.03008
TP2= @ 0.03311
TP3= @ 0.03494
TP4= @ 0.03695
TP5= @ 0.04380
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
VETUSDT - If $0.03 acts as our support $0.04 is next resistanceHi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
Just a quick video to cover a potential leg up to $0.04 levels. I am giving away a few secrets regarding current trend.
Watch it now to be prepeared for what will happen soon!
======
Click like and make sure you are following me on TradingView!
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
======
***
Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy)
Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
Orange Dotted Line - Profit taking Point
***
VETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for VETUSDT
In this chart, we have R2 that used to be a support area and R1 is our resistance area which represents the unsuccessful attempts of the price to rise. S2 used to be a resistance area and S1 used to be a resistance line, as well and Also S2 is our support line that shows the support of the price at some points. Here we have the fluctuation of price below R1. Our prediction would be a fall toward S2 and here by having some rising signs, we will consider the long position and then we expect a rise for the price to R1 or even higher. If the price possibly moves below S2, then more decline will happen for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
VETUSDTDISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.