VET on it's way to attack the daily resistance at 0.12311If daily resistance at 0.12311 is broken, we will be able to mark out a new daily demand zone in case price retraces, allowing to enter a long trade.
You can also notice I marked out a daily suppply zone turned support. This area corresponds with the imbalance around the same area. Price already tested that zone once and bounce, enter a second time, going a bit lower and bounced up.
You will also notice that we are within another daily supply zone, so although I have a positive outlook on VET, I would like to wait and see it breaking through the daily supply before looking for long trades.
VET
VET/USDT - Potential 185 setupHello Traders!
VET is another ecosystem asset.
The asset is under selling pressure after a strong seller reaction from the $0.154 level.
We should look for purchases based on a possible continuation of the correction of the asset.
The nearest liquidity buffer is the $0.082 - $0.099 range. It's better to buy closer to the lower border of the range - the level of $0.082.
It's better to place a stop under $0.05700. As the stop is long it's better to work with 50% of the volume of allocated funds for the deal at first, to make other purchases after correction completion.
The targets for purchase will be price levels
$0,154
$0,187
$0,234
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
VETBTC Technical Analysis⏳ Spot
💎 VETBTC has formed a Falling wedge. It has got rejection from the Support zone, I expect that it breaks above the resistance and continue the Bullish move.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.00000200
☕️ TP1 0.00000230
🍺 TP2 0.00000250
🍻 TP3 0.00000275
🍾 TP4 0.00000300
🍷 TP5 ___________
🍸 TP6 ___________
🍹 TP7 ___________
🎁 TP8 ___________
🚫 SL 0.00000175
Good Luck 🎲
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VET pullback to broken resistance#VETUSDT
$VET broke out from a descending resistance line and now try to confirm it as support, here is another support zone that can hold #VET price above it. if bulls success to break out from the next descending resistance line I think $0.2 will be touched in midterm and $0.32 will be the long term target.
but a break below the support zone and long term ascending support line can drop the price to $0.06.
VeChain (VET) on its path to $1,50History doesn't repeat but it rhymes.
Mark Twain once said this, and even though he was probably not talking about charts and price movements in particular, the statement is true. Because what he meant then are human behavior patterns and human behavior patterns are reflected in price movements.
Now to business.
Have a look on the chart an let us compare the end of 2020 and today's price movements. Then, as now, the VET price formed a high (1) before subsequently correcting sharply (2). Over the following weeks, it entered a sideways movement and formed a new bottom (2-8). This sideways movement crystallized a year ago as an accumulation phase.
Shortly thereafter, the VeChain price rose from around $0.01 to just under $0.28.
As the chart above illustrates, the VeChain price and its current movements show great similarities to the pattern back then. In this regard, we may have already seen the last counter-movement (8) and are on the verge of a structural break where the price will establish the previous high between $0.14 and $0.15 as support.
Note that I have added a question mark to point 8 here. This is because it is not yet certain whether we have actually already seen the lowest point of the current countermovement here. Should a lower low than (8) still form, an adjustment of the further course would be necessary.
Furthermore, there are still a few notable hurdles to overcome before it should be assumed that a similar price trend will announce itself here as it did back then at the end of 2020.
The pattern where previous higher highs are broken and established as new support by higher lows should repeat at least 2-3 times. This would give the certainty that a stable uptrend is being constructed here, which is about to enter its parabolic phase.
For the VeChain price, such price levels where resistance becomes the new support should be the following:
- $0.14 to $0.15
- $0.20 to $0.25
Should this succeed in the coming weeks, there is much to suggest that the VeChain price will indeed enter a new parabolic price rally. If this still hypothetical price rally will be similar to the previous one in relation, about $1.50 is the price target.
Souce: VeChain Prognose
VETUSDT Technical Analysis
⏳ Spot
💎 VETUSDT after breaking above the Wedge pattern, has formed a Bullish flag. After the breakout it has gone for the retest . After the retest I expect that by an engulfing green candle starts the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.0005370
☕️ TP1 0.12300
🍺 TP2 0.13780
🍻 TP3 0.15380
🍾 TP4 0.17300
🍷 TP5 0.18885
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.11000
Good Luck 🎲
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VETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has gone out of the triangle. We anticipate the price to be able to exit the triangle ceiling with a pullback and move towards its target.
But if it enters and stabilizes below the triangle bottom line, we can consider more falls.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
VET It's time to pay attention for this breakoutVet is working towards breaking out of its current pattern by the end of the month, and looking to set a new ATH around mid November. This timeline could be accelerated by BTC and ETH pumps that have already started.
I am looking for VET to set the $1 ATH in December, and if we have a super cycle, VET will probably run to $2+. If you missed Cardano at 5-10 cents, vet could make the same run.
Vetusdt is going to break out trend lineVetUsdt price movement is located in a triangle, which after the previous downtrend increases the probability of breaking the upper side of the triangle corresponding to Rsi. If the top line is broken, according to the Fibonacci lines, the intended targets are as follows:
target1: 0.1259
target1: 0.1380
target1: 0.1535
target1: 0.1981
target1: 0.2702
VETUSDT 1DHi everyone
If Bitcoin continues its uptrend to $ 53,000, it is likely that VET will retry its next hurdle at $ 0.137
Even in very bullish conditions, the VET price can reach the $ 0.158 volatility ceiling
While the situation looks bullish for the VET price, the failure of the price to cross the $ 0.119 resistance indicates that the uptrend is fake
That way, the VET could go below $ 0.107 and try again at $ 0.102
A price drop below this support cancels out the uptrend scenario and the VET price drops to $ 0.085
Have your say on the VET price move
Thankful