VeChain: ReturnedVET returned into our blue Target Zone (between $0.0179 and $0.0292) last week. As we consider the blue wave (ii) to have ended, we interpret this development merely as part of the internal substructure of the same-colored wave (iii). Accordingly, we expect further rises and an overcoming of the resistance at $0.055. Investors could therefore open long positions within our Target Zone, whereby stops could be placed about 1% below the lower edge.
VET
Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next.
💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support.
💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout.
💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success.
MyCryptoParadise
iFeel the success🌴
VeChain: Turned AroundVET gained sharply last week and left our blue Target Zone (between $0.0179 and $0.0292). In view of this neat turnaround, we now consider the blue wave (ii) to be complete and see the price in the same-colored wave (iii). This movement should reach beyond the resistance at $0.0550. Within the internal substructure, however, it remains possible that our Target Zone could be approached again, which is why we are currently keeping it active. In the event of a further dip, investors can once again cover their positions with long positions, whereby stops could be placed around 1% below the lower edge.
VETUSDT : VeChain Breaks Out of Descending Trendline
VeChain is currently at a critical point, showing signs of potential upward movement and a strong support base. The chart indicates a recent upward trend following a prolonged decline.
Resistances and Support:
Resistance I: Around $0.02850, where the price might face difficulties breaking through.
Resistance II: Near $0.03355.
Support: Located at $0.02037, an important level that could hold the price in case of a decline.
The Stochastic RSI shows that VET is currently in an overbought zone, which could indicate a possible short-term correction.
Fibonacci levels suggest potential areas of support and resistance. The 0.618 level at $0.04772 is particularly important for the continuation of the upward trend.
VeChain has stood out with strategic partnerships including companies like BMW, Walmart China, and major telecommunications operators such as AT&T, T-Mobile, and Verizon. These partnerships are focused on areas such as supply chain tracking, food safety, and preparation for 5G networks (Crypto News Flash).
Recently, analysts predicted significant upside potential for VET, with estimates that the price could reach $1.80 by October 2024, based on detailed Fibonacci analysis and other technical indicators. VeChain has also launched important technological products such as the VeWorld Mobile wallet and the VORJ digital asset platform, promoting the adoption of Web3 technology
VET/USDT in Weekly Timeframe.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
VET is holding decent support at the current price level. The formation of a symmetrical triangle pattern in this weekly chart shows a nice breakout and retest.
Key Observation:
~ Initial Support: $0.023.
~ Lower Support: $0.015.
~ Resistance: 50EMA at $0.0324.
~ Invalidation Point: Breakdown below $0.015.
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VET - Falling wedge - Waiting on Breakout#VET/USDT #Analysis
Description
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+ VET has formed a clear wedge pattern, and a breakout seems imminent.
+ If the price breaks out from this falling wedge pattern, we can expect a significant price increase.
+ I'll enter a trade after the breakout occurs.
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VectorAlgo Trade Details
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Entry Price: 0.03653
Stop Loss: 0.02987
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Target 1: 0.03959
Target 2: 0.04374
Target 3: 0.04893
Target 4: 0.05911
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
VET - 900% Potential in the bull run, get ready now. #VET/USDT #Analysis
Description
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+ VET has reached the support trendline and price is expected to consolidate in this area.
+ Once the price reaches this are, i'm expecting it to bounce back, this gives us good opportunity for a trade with huge profit potential.
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VectorAlgo Trade Details
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Entry Price: 0.021038 - 0.025285
Stop Loss: 0.017169
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Target 1: 0.033475
Target 2: 0.049533
Target 3: 0.060345
Target 4: 0.083920
Target 5: 0.118305
Target 6: 0.181948
Target 7: 0.246760
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
VeChain: Turning PointVET has dipped into our blue Target Zone (between $0.0292 and $0.0179). Within this range we expect the low of the blue wave (ii) correction and thus the bullish trend reversal. Accordingly, one can use this Zone to open long positions, whereby any stops could be placed around 1% below the lower edge. With the blue wave (iii), we expect an increase above the resistance at $0.055.
#VTHOUSDT #1D (ByBit) Falling wedge breakout and retestVeThor Token (gas of CRYPTOCAP:VET ) is pulling back to 50MA support and looks good for a bounce followed by a bullish continuation from here.
⚡️⚡️ #VTHO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.9%
Current Price:
0.003380
Entry Targets:
1) 0.003304
Take-Profit Targets:
1) 0.004978
Stop Targets:
1) 0.002634
Published By: @Zblaba
$VTHO BYBIT:VTHOUSDT.P #VeThor #VET #VeChain vechain.org
Risk/Reward= 1:2.5
Expected Profit= +101.3%
Possible Loss= -40.6%
Estimated Gaintime= 1 month
Where is the end of VET correction?Warning: This is a setup for buy/long, not sell/short.
From where we put the red arrow on the chart, the VET correction has started.
It seems that the VET correction is a triangle or diametric that we are now in wave D of this correction.
Wave D looks like a diametric that we are in the final wave of this diametric.
The green range is a strong support range on which we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#VET/USDT#VET
The price is moving in a bearish channel on a 1-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.0340
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.03500
The first target is 0.03579
The second target is 0.03650
The third goal is 0.03737
#VET/USDT#VET
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have bounced from a green support area at 0.0330
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.03400
The first target is 0.03614
The second target is 0.03700
The third goal is 0.03826
VET price update. After a successful breakout vet is still holding the green-marked zone as strong support at 0.03424 to 0.04008 for the last 9 weeks, which is a positive sign, and if it holds this support we could see a massive bullish move. As you can see in the picture it is also making a channel and While retesting the green zone it is also trading in a channel you can see it in a smaller time frame. We could take entry after it breaks out from the upper trend line of the channel.
Remember stop-loss is your friend while trading always use it while trading@everyone
#VET\USDT#VET
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it.
We have a tendency to stabilize above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.04.5
The first target is 0.0430
The second goal is 0.04660
The third goal is 0.04980
VeChainFor my sport memorabilia enthusiast do i got the one for you. Introducing VET, a blockchain foundation who has just announced a relationship with the UFC. VeChain is powered NFC and blockchain tech that will be integrated into the gloves of the fighters, hence collectibles. Authenticated by blockchain. I think this is big for collectible, because i also read that there will be incentives for actually having owing don't quote me on that. According to VeChain on X. " At UFC 302 each athlete will hold the power of VET." So what does all of this mean, integrated chips will serve as an authentication tool, and a way to engage with fans of the sport. Through bespoke content, dedicated to a single person for unique experiences, marketing opportunities, and special offers such as discounts. It also ensures legitimacy of the item if sold traded, eliminating fraud. One of the biggest reason i took a break from sports collecting. So this might be me back, i do not own any VET or this isnt any financial advice but i do love the idea and concept, and has great potential. Wathing the 0.382 on the FIB, if that fails next support level we are watching will be 0.236 on the FIB.
#VET/USDT#VET
The price is moving in a bearish channel on a 4-hour frame, and the price has adhered to it to a large extent
We have a downtrend on the RSI indicator
We have a higher stability moving average 100.
Entry price: 0.0444
The first target is 0.04681
The second target is 0.05028
The third goal is 0.05451
Stopped loss is below the green support area