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VTHO / TetherUS

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VTHOUSDT trade ideas

VeThor Token | UnderratedWhat. A. Week. Instead of patiently waiting for an altseason , we are experiencing imo; an allseason ! Insane gains for lots of cryptocurrencies, where today a couple of my favorites had great double-digit gains: $VET & $VTHO. Instead of posting another VeChain chart, I thought it was good to highlight VeThor Token for this time, as a lot of $VET investors tend to overlook $VTHO. For the ones who don't know, VeThor Token (VTHO) is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions (Binance Research, 2020). It means that VeChain Thor (VET) is the native token for the platform, while VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain (CoinMarketCap, n.d.). $VTHO is needed for every transaction on the blockchain, to run & maintain dApps, and usage of $VET smart contracts (Bitvavo, n.d.). So, think of this: if you invest in $VET, why not in $VTHO? If VeChain's price surges, VeThor Token will go along with VeChain's gains because of the transactions. In addition, $VET generates $VTHO, which means if you HODL $VET you will earn VTHO by staking, which can be used to pay for your transactions (VeChainInsider, 2019). Sounds great to me ;). Good thing to know is that 70% of $VTHO paid in each transaction will be destroyed, while the rest is awarded to the 'Authority Masternode Operator' (a server that is connected to the network operating the VeChainThor software), who validate and process blocks for the transactions (VeChain, n.d.). As $VET is showing lots of potential, I think this token is underrated as of this moment. According to CoinMarketCap, we saw 125%+ gains for $VTHO in the past 7-days. At January 18th, $VTHO had a high of $0.002 followed by a 'cooling period'. But in that particular period, we could see a bullish Gartley pattern while having higher-lows at all times. For now, it is totally understandable to have some bearish momentum, as investors are securing their profits. But for the longer-term, these two are looking very bullish to me.
by djaanos
5
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
48
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0030 TP2= @ 0.0040 TP3= @ 0.0050 TP4= @ 0.0060 TP5= @ 0.0070 TP6= @ 0.0080 TP7= @ 0.0090 TP8= @ 0.0100 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
13
💡 Don't miss the great buy opportunity in VTHOUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VTHOUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.0040 TP2= @ 0.0050 TP3= @ 0.0060 TP4= @ 0.0070 TP5= @ 0.0080 TP6= @ 0.0090 TP7= @ 0.0100 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
vtho vethor token +54% targetAnother pennant ready to make a move! Looks like an end of the road from a moving averages perspective :) As more as we see more coins going UP , after this patterns validate , as more we may believe the only way is UP , for most of the crypto alt-coins ;) Is impossible to predict the order of the coins going up, but we can predict together the big trend (as we go with the flow) <3 Is very healthy to see pullbacks (indicating solid foundation to grow upon)
by blackriver85
VTHO STEADY GROWTH? UPWARDS OF 40% GAINS INCOMINGBINANCE:VTHOUSDT A few days ago we looked at VET's bullish indicators. VTHO is the gas of the VeChain ecosystem, so generally if VET sees major growth in price and volume VTHO follows. Doing technical analysis on VTHO to confirm our beliefs, we see our EMA20 still trending above the EMA50. We just hit a very important point where price touched the EMA20 (first support). If we see a nice rebound and remain within the purple lines a nice bull run can be expected. The awesome oscillator also confirms this trend with the lines steadying out and turning red, best case scenario would be the lines to go back green and continue rising along with price. I try to point out these moves BEFORE they happen, not just post analysis on bull runs. Please understand this can still take a short turn down based on overall market sentiment, but most indicators point to be very bullish. This is not financial advice! Please trade at your own risk.
Long
by mattforutan
2