VET
Vechain to .1824 Vechain getting ready to move to .1527 which is a resistance level.
And then make its way to .1824
VET +1200% Coming... maybe VET just formed a very nice cup and handle on the BTC pair, and i think we all know what happens when something like this appears
As VET being one of my largest holdings I'm going to be very exited to see what it does in these next few days.
#VETBTC PUMPED 37% ! New Trade Setup!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
VET PUMPED ALMOST 37% right after I posted my last setup!
I am still holding and accumulating these dips.
If you haven't entered yet it's under retracement now so it's a good time to add some around 240 to 260 sats.
Target Still remains 239% from the bottom.
What's your thought on this?
Do you think this correction is over?
Do you think VET could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
VET is looking for new ATHs!Vet is up 37% this week! Now i will show you what is Vet going to do in the future. We have a resistance at .14,3 and at .16,7 If we get sbover this two resistances the way for new highs is clear. We might consolidate a bit at the .22 to .24 mark. I expect Vet at the end of the year between .43 and .54
hope I could help you to make ncie gains,
yours Henrik
VECHAIN NEEDS FRESH BLOOD TO SCALE HIGHERVechain is riding an ascending channel. The ceiling of the channel has been respected a few times.
Price action is now bound for a cluster of support. The level that is designated in green used to be a strong support area, which is regained now. A bounce off this area can validate an assail towards the resistance which is designated in red. The area designated in purple could act as a launchpad. We need to wait and see how price action develops there.
In case of a bounce off the purple box, the trade offers a decent R/R with a profit to the tune of 25%.
VET may be ready for a PullbackIf you take a look at the RSI it indicates we've created a Triple Top which is usually followed by a pullback. If we do get a pullback we may fall too .125. This would be a great buying opportunity if you're looking to average down.
There is a possibility we fall to the middle resistance (.130) get a Touch & Go then push through the upper resistance at .137! It will be an exciting start to the week.
#VETBTC 239%+ potential Rally!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Well, this setup is for the spot.
Accumulate between 200 to 250 sats for almost a 200%+ rally.
If you don't intend to miss this coin, you can simply buy some now and wait for the retracement.
The best strategy is to buy when Bitcoin takes a leap to the downside and ALTS BLEED!
Keep this second coin noted after Sand.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Is $1.5 VET possible this year? Fibs dont lie? Trend line shows us making our way up to $1.50 VET by OCT 2021
Sit tight
VET/BTC { VECHAIN } - BULLISH SETUPANALYSIS 🔎
- VET/BTC is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry: the key fibonacci retracement zone.
- Conservative entry: breakout above the descending trendline resistance and horizontal resistance level (@0.00000263)
TARGETS 🎯
- Horizontal resistance level (@0.00000395).
- Horizontal resistance level (@0.00000443).
- Horizontal resistance level (@0.00000473).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the ascending trendline support.
- Final invalidation: breakdown below the horizontal support level (@0.00000189).
🔥 VET Elliot Wave Pattern: Last Leg UpOver the course of 15 months, VET has generally been trending upward. Assuming that the July 19th is the bottom for now, we can clearly see the emergence of an Elliot Wave pattern.
The first impulse wave saw an increase of around 1400%, whereas the second leg up saw around 3000% gains.
Generally, the second leg up is the longest and strongest wave. So if we make the assumption that the third leg is going to be of the same length as the first, we'd be looking at a potential target of around $0.80 at the end of the bull-cycle. In that case, another 800% gains are in our grasp.
Be aware that the time it takes to reach the Elliot Wave top is indicative, it might take longer or shorter than portrayed on the chart.
Happy trading!