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VeChain / TetherUS

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VETUSDT trade ideas

Potential long VETUSDTTop down analysis: W: Looking at the weekly we see VET touched a strong support zone and rebounded nicely. Yet we are still in a long-term downtrend on VET so enter trade with caution. (red lines) D: Zooming in on the daily we can see VET had some consolidation near the support zone and broke out of the channel. When drawing a FIB retracement on the previous leg up we can see that there is confluence between the support zone and the 0.236 level. H1: This brings me to this trade. Right now on the 1H, we can see a double bottom forming right on the above-mentioned support zone and FIB level. Entry: I would first like to either see a new range of consolidation forming and tracking it for a break-out. if this does not happen I will be looking at forming HL & HH. I will update this post when the time comes. If you appreciate my analysis a like or follow would mean the world to me.
by maxxieTA
VeChain Weekly ChartVet Weekly Chart Vet Chain is , as most of Crypto coins are, trending down since the ATH April 2021. The last two weeks the price bounced off the major S/R around the 0.050 area, and is approaching another resistance at 0.06750 To make it to 0.075 (also 78.6% Fibo Ret of the last swing from 0.18755) Vet price need to stay consistently above 0.06750. Weekly trend reversal will be in place above 0.1000 and by the time would be nice to breakout the diagonal trendline 0.10 is also a 61.8% Fibo Ret of the last swing down from 0.18755 Below 0.050 the next stop may be the 0.040 area , with the nightmare scenario as to go to 0.030. My focus will be on any candles pattern to confirm the 0.06750 support. Also, at H4 Timeframe MA200 is now support. This is only my personal view, Not Financial Advice here.
by MarkZeroj
VECHAIN , Falling Wedge ✅All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help . ⚠️ This Analysis will be updated ... 📊 #VETUSDT ( Vechain ) 💹 Time Frame : Weekly 👤 Saeid.Mahbob 📅 10.Feb.22 ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by SaeidMahbob
9
Insane VeChain Bull Flag in Formation!Hey Traders, This may be my most important trade yet! According to the Weekly chart of VETUSD, the price action has formed a bull flag (attached image URL). The breakout target out of this pattern is approximately 1.1-1.2 USD. In the rare case this does break down the target would be 0.007 USD (In this case we could open a short). VeChain (VET) is a very revolutionary blockchain product, its utility is very unique compared to other Cryptocurrency Projects. The various amounts of things VeChain could be used to track for supply are infinite, not to mention it could also partner up with things like oracles AKA Chainlink to make it more efficient and data rich. I hope this helped, -Pulkanator
Long
by Pulkanatir
5