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VET

VET - is going to break this resistance VET is sandwiched between the level of the trend line and the lower boundary of the big value area. The price can still gather liquidity both above the trend line and below the $0.072 level. A breakout of the trend line could be a good buying opportunity. In case of a false breakout, a good opportunity to sell. In case of a breakout of the level of 0.072$ may be a good opportunity to sell. In case of a false breakout, it is worth opening a position in the opposite direction. I would also like to note that volumes appear at the bottom, which is a good signal, but on bitcoin volumes appear at the top, and that confuses me. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
5
VET - Maybe the BottomVET has returned to its lowest PA since it climbed above this level last July and before that, it past up thru $0.07 last March when it ascended to its ATH in April. It’s also well below the parallel channel I outlined in my “VET - Future Projection Series” I posted 01Nov21, which means to me its way under valued. The long term RSI, 1m & 1w both show divergences which clearly showed the “TOP” in Nov confirming a downtrend since. However, timeframes both recently show not so much a trend change as a possible levelling off of the PA. The 8h RSI formed a nice bottom “V” today as a matter of fact, which hopefully means VET has found its bottom PA. Looking at the 4h chart the PA recently descended back into a range market it had bounced in and out of last week. The last 6 days of descending PA has formed a descending wedge. The upper trend line of this wedge is actually the trend line along the “highs” since 09Nov21, making this is a really important trend line. In addition to all this, PA is just below the 20ma, a little below the 50ma and well below the 200ma. If PA bounces up out of the descending wedge, it would take it above the range market, which would take it above the longterm trend line. We could be seeing an end to VET’s down trend. A momentous moment indeed. My thoughts, not advice Oklah. Cheers
Long
by wildboar8
Vechain primed for a run!!Today we are looking at Vechain on the daily timeframe and one thing is pretty clear... we are ready and looking for a run to the upside, VET has seen a steep decline in price since mid November but that doesn't change the absolute brilliance and expanding business of this project! I am personally looking to pick up some more Vechain adding to my current bag around our current price and also if we see a little bit further of a drop. I have drawn out a buy zone that i am personally looking at, from where we are right now to the bottom 0 FIB level at just about 7 cents USD (0.0069). Looking at the BJ Key levels we are currently coming down turning a couple key levels back to resistance but more of what i looking at is the level directly above the 0 FIB, this represents strong key support and gives us a likely chance to see a nice bounce and reversal. Checking out the MACD we are looking okay but not very bullish as of right now, the histogram has had a tiny green cycle but is now on the way back down to the midline, now we could either see a push into a red cycle or we can likely see a bounce and another green cycle, what we want to see is an increase in green bars day by day showing a rise in bullish momentum, the blue MA is trailing back towards the orange where we could either be looking at a bearish cross or a fakeout and bounce, think we are very likely to see a bounce sooner than later due to the current downside we are facing! Checking out the RSI we are looking at a potential bounce here aswell, we are currently sitting right on the yellow simple moving average coming in for support for us and this spot also gives us an opportunity for a bounce, the main goal here is to make our way upto that midline and ultimately reclaim it, this is the most important step because it allows us to reclaim a confirmed uptrend, being stuck below the midline keeps us in a confirmed downtrend and being above and holding it puts us back into a confirmed uptrend! Not financial advice just my opinion!
VLong
by JacobR905
VET/BTC Still 300% Potential from here so read full IDEA#VET/BTC Chart Old Update:- #VET did 20% after our post. Now again around entry zone. 3D chart forming Bull flag. I am expecting Bug move after this Down side move. Strong Support = 150 Satoshi So this is also best buy zone. First Target will be 231 Satoshi. What after 231 Satoshi..? When break upward 231 resistance and Big time frame candle close above 230-240 Satoshi Then we can See Massive upward move. Expected Target is 500 Satoshi if break 230-240 resistance level. Stop Loss:- If any Big time frame Candle close below 250 Satoshi Keep an eye on 700 Satoshi level also. Support:- 150 Satoshi Resistance:- 231 Satoshi
Long
by CryptoPatel
4
$VET H/S Forming to begin right wall of cup (followed by handle)*THIS IS NOT FINANCiAL ADVICE* Overall, I am bullish for VET's 2022. If you take into consideration their niche, and their current partnerships, you'd be bullish on VET also... If we take the April - May '21 run-up to the .20 cent range, we can consider the top there to be the .786 fib line on a larger scale. Otherwise, on a smaller scale, it is the .236 "top" fib line but we currently sit under the .786 which acts as resistance. If you zoom in, you can see the potential formation of an inverse Head and Shoulders which could act as a retest for the green upper trend line. If it flips it for support, expect a retest / completion of the 2nd shoulder + the starting of the cup wall up to the .618 and .5 fib lines. If the .5 fib line is flipped when finishing the handle I do not expect much resistance at .382 line... but if there is, expect the handle to be formed. Or, it could just be a hell of a year for Vechain itself, and none of these lines matter, and we go to $1 and beyond with ease 🤷🏻‍♂️
Long
by CruiserSpentIt
1
Vechain #VET. Multi-Month Schiff PitchforkBINANCE:VETUSD After several months of the descending pitchfork, VET broke out and the pitchfork became resistance as seen in early December. I've been holding VET since 2018 and I'm not actively trading it. I will buy more when it follows the resistance line into Zone 2 with a take profit in Zone 1. I will consider this idea invalidated if it breaks below Zone 2 and continues down the multi-month pitchfork as resistance. I'm not a pro and nobody should trade off of my ideas. Just verbalizing it for commentary and criticism to learn. If it breaks above Zone 1, 1) I will be happy for my long-term bags, 2) Will revisit this chart.
BINANCE:VETUSD
by UnknownUnicorn2349278
2
Vechain ready for a run!!?Vechains daily candle today is rising fast and currently sitting around a +10%, we are looking very bullish if this price action continues and we could be seeing the beginning of a breakout for VET! We are currently trading inside of a bullish triangle where the chances of us breaking out to the upside is likely, especially when you look at our current spot in price, we are sitting above the pivot point where if we can close above could send price action flying upwards likely shredding through multiple major levels on the way. As far as resistance goes we are looking at the pivot point we are currently above and then the top of this bulllish triangle, the 0.6 FIB level and then the R1 resistance apart of the pivot points! for our support we have quite the cushion underneath us we are looking at the midline on the bollinger bands (if we close above today) uptrend support coming from the bottom of our triangle, support at 0.08 cents, and support at 0.069 cents! Looking at our bollinger bands we notice that price action is sitting right below the top band, if we can make the push today to close ontop of here we could be looking at a big run to the upside, even if we take a couple days to do so a close ontop of this top band is going to be very bullish! Our MACD looks good we seem to be starting another bullish run here, the histogram came way down but todays green bar is significantly bigger than yesterdays, showing us a rise in the bullish momentum, and if we can continue this on day after day then we are looking at another bullish cycle. The MA's are a little bit squeezed together which we would like to see that separation, but the blue MA is starting to bounce and seems to be reversing and ticking back to the upside, this is exactly what we want to see here and ultimately continuing this on creating that big separation making it more difficult to trigger a bearish cross! NFA just my opinion!
BINANCE:VETUSDLong
by JacobR905
2