VETUSDT LONG SENARIOHello Guys , How's Going? Hope Your Patient is not over is this boring market !
Lets Check The VECHAIN chart as you see Vet now is on the support and trading renge here , i'm going long when the trendline breakout and my target is obvious in the chart !
for who want to investment for a long i think its best place for a buying step by step and no doubt it !
NOT FINANCIAL ADVICE
Good Luck
VETUSDT trade ideas
#VETUSDT 5H Chart
Price is consolidating with no major movements and it is currently sitting on the 4h demand zone. MACD is not clear and both RSI and EMAs are neutral. Either price will bounce from here towards the 4h supply at $0.052 or we would expect it at the 2h demand zone around $0.042 before seeing a bullish reversal.
VET down trendHello trading view community, should you like thus analysis, please support with likes and comments. Thanks
VET reached its ATH on Apr. 21, on $0.25, then started its journy downward till reacted to $0.05 late jul. 21 from where VET surge to higher resistance zones at $0.10, $0.14 & $0.18 respectively, the last one happened in Nov. 21.
from Nov 21, up to now VET crashed down to $0.05 support level and then broke it downward, VET is challenging with its dynamic trend lines of down trend channels at $0.04s where if it could not break the aforementioned line VET may slip down to $0.03 & $0.02 support levels respectively, where finnally would be a pleasent price to go long again.
This is a personal idea, and I am not a financial adviser.
VETSalaam
It's the correction over and bottom is in?
After browsing the ascending channel and retrace 61 Fibonacci and also double bottom pattern, could send VET up to 0.071
But there is king way and many resistance to break.
The main one is fully channel resistance about 0.05
Bragging the daily channel (purple one), could signal the bull run of VET
We'll see
Good luck
VETUSDT - Another run up to resistance at $0.05XXHi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
This trade is absolutely the same set up as my previous set up for SUSHI.
Looks like we tested the lower boundary and bounced from the support.
VETUSDT is extremely oversold expecially when comparing it to TRXUSDT. Usually these coins are hanging at the same levels.
I expect VETUSDT to catch up with TRXUSDT which is currently trading at $0.06 price levels.
Here is the trade:
SL: $0.0441
Entry 1: $0.04710
Entry 2: $0.04540
Take Profit 1: $0.053XXXX \ 18%
Take Profit 2: $0.05XX \ 24%
Estimate trade duration: 8 days
Estimate time to close the trade: 13 March - 17 March
If you didn't click Like - you should do that right now.
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
And make sure you smashed that SUBSCRIBE button!
Bye-bye!
Good Luck!
***
Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Purple Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Blue Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
#VETUSDT 8H Chart
Price bounced perfectly from the 4h demand at $0.046 and it should now be heading towards the 4h supply at $0.052. MACD is showing bearish weakness, RSI is sold and EMAs are not clear. I expect price to reach this supply zone and get rejected from it towards the 2h demand at $0.043 before moving up again aiming for the major supply zone at $0.063.
VETSalaam
Good day
VET not seems good totally especially for the last day's wick that rejected the daily key level and channel's resistance.
Now VET is located in 2 channels.
The purple descending long term and light blue 4h ascending one.
The idea will confirm if the daily candle close such as this bearish engulfing.
in the case the targets are 4.5, 4 and 3.5c for final target. (yes about 30% fall!!)
Always do your analysis before entering any trade, longer time frames are better and much reliable.
Good luck,
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.05730
TP2= @ 0.06149
TP3= @ 0.06500
TP4= @ 0.06830
TP5= @ 0.07178
SL= Break below S2
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💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.05730
TP2= @ 0.06149
TP3= @ 0.06500
TP4= @ 0.06830
TP5= @ 0.07178
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 ❤️