VET
$VET Fib Extension targets for next bull runIF $VET has bottomed out in this bear market (at around 2c in mid-June 2022) then Fib Extension targets for the next bull run are as follows:
1,272 = $0.57
1.414 = $0.82
1.618 = $1.40
VETusdt 1HVET has been following BTC moves and broader macro market suggestions. The negative price movement seen on its 1D chart exactly followed the BTC Chart. Sellers were taking advantage of the market condition.
After the double bottom at $0.02291 VET formed a beautiful bull channel, where it has already passed through the pressure of the Ichimoku cloud and a little more buying pressure can take VET to its closest resistance now that it is the edge top of the Keltner Channel at $0.02379 and after that the MM200 at $0.02475. An important indicator like RSI STOCH favored the bears on the 1-hour chart, VET could reach its support of $0.02355. Because of this overbought we can reach our target in the next 15 hours.
VET, need no introduction is the blockchain platform that offers Blockchain-as-a-Service to businesses for products and information. By leveraging blockchain technology, VeChain strives to build a distributed, trust-free business ecosystem that is self-circulating and scalable.
VET is pumping profits LONGVET like OXY is showing a great chart with consistent price action.
Fundamentally, it has had great earnings reports in the past year.
It rates an 8/8 on the Minervini Trend scale showing strength and duration of trend
as very high. Vermillon Energy has been strong in the general market downturn.
I see this as a Swing long setup with a good expectant reward for the risk assumed.
I am considering the call strike $30 option for September 16th.
$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.
Commodities are back, $UNG near breakoutThe natural gas ETF is forming a cup & handle with pivot buy at $31.60. This behavior signals a comeback for stocks in the gas industry.
Some of them are NASDAQ:NFE , which I was stopped out in June. NYSE:VET and AMEX:LNG . These 4 are in the top of my watchlist.
All are in confirmed uptrends and leading the sector. Several oil stocks also look good but I think that they are just following the gas stocks. I say this as the oil ETF AMEX:USO isn't as near of a new high as AMEX:UNG .
Look for stocks with gas exposure.
Awesome Coin|I like the VeChainThis coin of course will pump with all market
So we have to wait the start of the pump and start to buy.
Now is the awesome moment and very good buy zone to make Long
I like this coin it is good for real!
VETUSDT
Add this coin to your watching list and follow the updates
Best wishes
UPDATE: VET UP 29% after bullish signal - Ready for 148% 🚀🚀🚀VET pumped 29% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). VET is forming Leg A with a possible bull run to around to 0.063 USD (0.618) or 0.054 USD (0.5). Which is about 148% (orange price range) possible gain.
VET is breaking out of the Ichimoku Cloud , which is considered bullish. The RSI is starting to warm up for a bullrun at 73. RSI Brown at 96. If we take a look at the Average Directional Index ( ADX DI) its in the bullish zone, now starting to move sideways. Currently VET is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well.
I see more bullish than bearish elements. Since VET price and the RSI are still forming a higher low. Which is a bullish sign as well. Let the GAINS begin !!
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
VET/USDTHello Traders,
Hope you are doing well,
today we will discuss Vechain's most favorite stock everyone.
VET Is on its last upside move & going to be an end & at the end of the yellow diagonal triangle price will drop heavily.
bearish Candle closed of the previous day & today also will bearish.
this price area is most confluance.
1 Bearish CHannel+Ending diagonal+ low volume+Wave C Completed+ Wave4 Completed.
Have a nice quality trading with me & print more money & stay tuned.
VeChain (VET) - August 4hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(VETUSDT 1D Chart)
Resistance: 0.04214-0.05546
1st support: 0.02299-0.02452
Secondary support: 0.01840
The 0.04216-0.05546 interval is the interval that determines the trend.
Therefore, the important key is whether it can be supported by rising to the 0.04216-0.05546 section.
To do this, we need to check if it can be supported by rising to the 0.02949-0.03286 section.
If it falls from 0.02299 and is resisted, it may lead to further declines, so a Stop Loss is needed to secure cash.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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VeChain Trade Signal (130% Potential Profits)ENTRY: $0.02300 - $0.02620
TP1: $0.03160
TP2: $0.03800
TP3: $0.04410
TP4: $0.04980
TP5: $0.05900
STOP: Close daily below $0.02200
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Very low risk with nice potential for rewards.
This is not financial advice.
Do your own research before trading.
I am wishing you lots of growth, health, wealth and success.
Now & always.
Namaste.