VET
💡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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VET Go TimeWe can see that every time the VET:ETH chart gets to this low of a level, it starts to take off. Usually fairly quickly, but it has been slower once before. Let's continue to see what happens. I've been watching this for a few weeks, and like clockwork, the red flipped green when in entered to box.
💡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 ❤️
VET/USDT ANALYSIS Weekly bullish?VET strong rejection after hit support trend line and breakout from falling wedge pattern in daily chart
RSI weekly on accumulation zone
according to elliot wave correction (ABC) theory has finish, and will try going to wave 5 , Valid if Vet breakout descending triangle in weekly chart
it's good for long term holders
TRADE ENTERED VET/USDTThere is a fine line between impatience and taking a punt on max value, this is always my main conflict when entering positions. You may say (Whilst being correct possibly) you should have waited for a close above the resistance trend line, you should have waited for confirmation on BTC bearish/bullish confirmation. Well, famz, all I am doing is sharing my fun, so watch with interest as implied (Not technical advice) hahaha Hope you are all well.
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04916).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 0.05453
TP2= @ 0.06193
TP3= @ 0.06855
TP4= @ 0.07495
TP5= @ 0.08007
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 ❤️
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04916).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 0.05453
TP2= @ 0.06193
TP3= @ 0.06855
TP4= @ 0.07495
TP5= @ 0.08007
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 ❤️
Falling wedge on the Weekly VECHAINWe have this beautiful falling wedge on the weekly chart.
As we all know Vechain has great fundamentals but the price is falling like rain, but i think we are at the bottom, because of this falling wedge on the weekly.
I have missed the train and bull run for vechain and now i am happy to have this opportunity to buy that great project so cheap.
The price target should be at the top of the wedge which is 25 cents but i think we can go way above that if the bitcoin goes up which i think it will.
What do you think about this falling wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
VET TO THE MOON!
🆓VeChain (VET) Feb-26 #VET $VET
VET is still holding the $0.045 zone in the past few days, if it doesn't lose this zone, in the near future VET can rebound strongly to the $0.065 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.045$ zone
🔴Buy : 0.045
🔴Sell : 0.055 - 0.065
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.045$ zone
🔵Sell : 0.045
🔵Buy : 0.04 - 0.035
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
VET:USD Bear Targets $0.009 - $0.03I thought this was going to be a quick and easy analysis but it's latterly taken days! I got bogged way down in the Elliott count and in the end had to strip the chart bare and start again. What you see here is as simple as I could make it. I still prefer the bull count but it's always good to have a roadmap for when you're wrong. But there are a couple of reasons to lean into this bear count over the bullish one; the 144, 169 & 244 EMAs have now crossed bearish on the Daily. Combine that with the amount of time this correction has taken and now the case for this bear count is starting to stack up.
Key Points:
1st full impulse potentially complete
looking for a rally to put in the X wave before continuing lower
There are 3 high probability zones for the Y wave in this bear count
If the X wave only makes it to the 0.5 fib, the target for the 1:1 of X:Y moves lower and becomes part of the 2nd cluster near the 0.5 fib
If this count is correct I would love it to stop at the first target! But keep in mind if this is a completed 1 wave and we are now looking for a 2nd wave low on the higher degree; the high probability zone is between the 0.5 - 0.618 fibs.
The Trade: Short:
Entry 1: $0.0911
Stop 1: $0.0969 -6.3%
Entry 2: $.1083
Stop 2: $0.1149 -6%
Cluster 1
Target 1: $0.0312 1st algo -0.236
Target 2a: $0.0253 1:1 wave X:Y (projected from the 0.618)
Cluster 2
Target 2b: $0.0253 1:1 wave X:Y (projected from the 0.5)
Target 3: $0.0203 0.5 fib
Target 4: $0.0178 0.618 2nd algo -0.618
Cluster 3
Target 5 $0.0109 0.618 fib
Target 6: $0.0102 3rd algo -1
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. DO NOT TRUST THIS ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
These analysis take a considerable amount of time, consequently, I'm not taking any analysis requests.
Please respect my time and don't ask; because I dislike having to reject you
VECHAINHello mates, Vechain price analysis shows a strong uptrend in the last 24 hours. The price is approaching the resistance of $ 0.061 with its upward movement. Although the market direction is declining, this coin is growing. Today, the price has decreased slightly, and its trading volume has exceeded $ 243599616. This digital currency is in the 41st position among the top 100 coins, and its market value is 3861240184 dollars.
In daily timeframes, the market is squeezing as volatility has decreased. This means that the probability of price change is directly related to the direction of fluctuation. Less volatility means a lower probability of price change in either direction.
The Bollinger Bands are at $ 0.067 as the strongest resistance, and the Bottom Bands are at $ 0.048 as the strongest support.
The price of Vichin has reached below the moving average, which shows a downward trend. In addition, the price is moving upwards, which indicates the possibility of a bullish momentum recovery.
The RSI is at level 47, which indicates market stability. The downward movement of this indicator indicates a gradual decline in the market and the oversupply of sales activities over the number of purchases.
Conclusion:
Price analysis shows that this digital currency has momentum downtrends and uptrends. Although the bears have gained relative control, buyers have shown positive signs, and the situation is likely to change.
VET: Cup and HandleVET/USD (4Hour)
Bullish case:
- Has found previous support and broke through resistance lines.
- Cup and Handle looks to be in play with it possibly hitting old support which should serve as resistance at the $0.08 range
- Golden Cross looking to form in the upcoming candles
Bearish Case:
- Could get rejected at the peak of the handle at $0.07.
Thoughts?
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.