VET Poised for a Symmetrical Triangle Breakout!
#VET is consolidating within a symmetrical triangle on the 4-day chart 💁♂️
The pattern suggests momentum is building for a potential bounce from the ascending support 🤔
If successful, price could rise towards targets at $0.06844, $0.08068, and $0.09291 🎯
VETUSDT trade ideas
VeChain (VET)🔍 Technical Analysis of VET/USDT
📌 Introduction to the VeChain Project:
VeChain is an advanced blockchain platform designed to enhance supply chain management and business processes. By leveraging blockchain technology 🌐 and IoT 📡, VeChain enables companies to boost transparency and efficiency in their supply chains. Its primary goals include reducing costs, improving product quality, and increasing trust in business operations.
📌 General Overview:
The VET coin, a leading project in the blockchain space, is currently trading within an ascending channel on the weekly timeframe. This movement suggests a potential continuation of the bullish trend; however, key levels require close attention.
📊 Recent Price Movements:
The price recently hit the top of the ascending channel and underwent a short correction.
It is now approaching the red support zone (0.03238 - 0.03948) and the midline of the channel.
✅ Potential Scenarios:
Bullish Scenario 📈:
If the price rebounds from the red support zone, it could rally toward the channel's upper boundary.
A breakout above the ascending channel's resistance may pave the way for Fibonacci targets.
Bearish Scenario 📉:
If the red support zone breaks, the price could drop toward the channel's bottom or the gray support zone (0.01638 - 0.01966).
📍 Key Zones:
Daily Resistance (Yellow):
Range: 0.05038 - 0.05504
A breakout above this resistance on the daily timeframe opens the path toward the channel's top and higher targets.
Fibonacci Targets After Breaking the Channel's Top:
1.618 Fibonacci Level: 0.08251 - 0.09507
2 Fibonacci Level: 0.11594 - 0.13874
2.618 Fibonacci Level: 0.19679 - 0.23327
Critical Supports:
Channel's Bottom: The first significant support level.
Gray Support Zone (0.01638 - 0.01966): Acts as the final line of defense.
🛠️ Entry Strategy & Risk Management ⚠️:
Safe Entry:
Enter after the price breaks above the ascending channel and consolidates above the yellow zone.
Stop Loss:
Initially, place below the red support zone.
After breaking the channel’s top, adjust below the yellow zone.
Risk Management:
Adjust trade size based on confirmations.
Risk only 1-2% of your total capital on this trade.
📈 Confirmation Factors for the Move:
Trading Volume:
A noticeable increase in volume during the breakout of resistance or support signals a strong move.
RSI Indicator:
RSI above 60 indicates a bullish continuation.
Entry into the Overbought zone could lead to a sharp rally toward higher targets.
🚀 Conclusion 🏆:
This analysis highlights that VET is at a critical and sensitive juncture. With proper risk management and confirmation of technical signals, this coin could present exciting investment opportunities.
VETUSDT - Only Veterans Trade Please!VETUSDT - SO there are four possible scenarios of VET as there are tight squeeze of the yellow boxes. For TL;DR - Wait for the green box in action for clear path, For daredevils, Orange marked the scalps end to the path of the channel marked, The red marked (horizontal line) is fib pockets and would play a good role here. The cyan line marked shows if tight buyers and sellers in action, expect strong attraction to 0.4534. and eventually bleed, Green shows normal fall till the red line to retest if following channels, and my most loved green box is what i wait because DOM is stacked for the orders to filled. The blue box is a point if green line gets bonked aim for the targets on it.
VeChain: A New Bullish Wave is Starting📈 VeChain has recently completed an ABC correction and is now entering a new bullish wave. Waves 1 and 2 have been completed successfully, and we are now likely heading towards completing waves 3 and 5. This sets up a great opportunity for those looking to take advantage of the next upward move! 🌟
📌 Entry Point: 0.05100
📉 Stop Loss: 0.04100
🎯 Target Profit: 0.07700
🔍 Based on the current analysis, these levels suggest a strong bullish movement in the short-term. With the completion of waves 1 and 2, you can confidently enter the market for the upcoming move. 🚀
#VETUSDT Ready For a Pullback or Will it Slide Down Further? Yello, Paradisers! Is #VeChain gearing up for a pullback, or are we looking at a potential retracement? Let’s dive into the details of this crucial setup for #VETUSDT:
💎#VET has been trading within a broadening wedge for months, with descending resistance and support lines guiding the structure. Recently, the price broke out of the wedge’s descending resistance, marking a key technical development. However, VET saw a massive profit taking and came back for liquidity capture.
💎The immediate resistance is resting at $0.060. A clean breakout above the $0.06067 resistance, confirmed with a daily close, could trigger an aggressive bullish rally. The possible targets following this move would be $0.08000 and potentially higher. Such a rally could attract fresh buyers and propel #VETUSD into a new bullish trend.
💎On the downside, the immediate support lies at $0.03811. Beneath this level, a strong demand zone exists between $0.03119 and $0.03811, which has previously acted as a reliable area for bullish rebounds. If the price revisits this zone, it could present an excellent opportunity for buyers to step in again.
💎A daily candle close below the $0.03119 demand zone would invalidate the bullish structure. Such a move could lead to further downside pressure, with the price likely targeting the $0.02000–$0.01500 levels. This scenario would also indicate a shift toward bear control.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
VET/USDT Potential Bottom Structure Formation ( Low Timeframe )Based on the information available, the VeChain (VET) market is currently showing mixed signals with both potential for consolidation and upward movement.
VET might undergo a period of consolidation before any significant price movement. This is supported by the view that the cryptocurrency is currently testing support zones without showing strong buy pressure, which could lead to a sideways movement or minor corrections before any breakout. This could be indicative of the market's uncertainty or waiting for further confirmation before making substantial moves.
Conversely, there are indications that if VET manages to break through certain resistance levels, a significant upward trend could follow. The breakout from a symmetrical triangle pattern on the monthly timeframe, as mentioned, could signal a shift in momentum, aiming for targets like $0.10 to $0.16. This suggests that once the consolidation phase resolves, VET could experience a parabolic rise due to pent-up demand and market dynamics shifting towards bullish sentiment.
VET Bull Run Ignites: Unstoppable Growth Ahead!VET appears poised to continue its upward momentum, driven by strong fundamentals and a thriving ecosystem. Recent price movements have been substantial, reflecting growing confidence in VeChain's potential. Historically, periods of significant upward movement are often followed by phases of consolidation, providing a foundation for sustained growth.
Looking ahead, the current uptrend seems to be in its early stages. With VeBetter playing a pivotal role as the cornerstone of the ecosystem and rapidly expanding its influence, the outlook for VeChain in 2025 remains highly optimistic. The combination of robust fundamentals and ecosystem growth suggests a promising future for NYSE:VET and its stakeholders.
#VET/USDT Ready to go up#VET
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.04900
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.05160
First target 0.05317
Second target 0.05633
Third target 0.06000
VET/USDTKey Level Zone : 0.04778-0.05405
HMT v1.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
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Golden Opportunity for VET; Ready for Big Targets!If you're looking for a strong upward move in the crypto market, VET has reached an exciting and critical point. It seems that the B wave correction has finished, and now it's entering the C wave. It's about to face the 9 cent resistance, and if this level breaks, it could trigger a powerful rally!
🎯 Targets:
1️⃣ $0.60 (560% profit)
2️⃣ $1.50 (1550% profit)
This opportunity could bring significant gains for those who have been waiting for the right moment. Always enter with precise analysis and proper risk management.
Important note: Once 9 cents breaks, be ready to enter, but also stay cautious of any potential corrections!
With careful attention, you can take advantage of this move. Stay successful! 💪