VET
VeChain could do thangz!VETBTC lookin very bullish and cant hide its potential hidden bullish divergence on the daily any longer. To me its lookin like reaccumulation at very high price levels, with a sell wall at 400 sats. If VET can manage to break the resistance, it will most likely go straight to the previous ATH and hopefully break it. Im in this trade shown above right now and just wanted to share it, before it moons like my harmony trade/post.
VET - Wyckoff Method -6 hourbased on the Wyckoff Method, you can see that we are in Phase C of accumulation.
the "spring" period misleads retail traders who believe a price breakdown and a lower-low are imminent.
Test - The Composite Operator test the price for the last time. If there is a considerable amount of supply, the market is not ready to "take-off" and test may be on the way.
We will need to break the Last point of support, which is resistance at the current price
Once we break the All-time High, we should expect the price to pump towards .30 cents for the first target.
I will update once i get more information after breaking the first resistance.
As always:
Do your own research
Do not trade on emotion, execute logic and willpower
Question the trade, Entry Points/Exit Points, and question your greed.
It is a game, do notlet it play you.
Buy safe entries, never buy FOMO pumps. Safe entry points are unlikely to get retested and but are insanely profitable.
Cut your losses quickly -5%, hold if worse than that. Better yet move money into a different coin you are currently holding.
Keep gains bigger than losses and you will succeed.
Buy the rumor, sell the news
VET Consolidating, where to next?Vechain update:
Daily & 4 HR remain bearish at the moment, but from a TA standpoint it looks like we may have found our support here. This would complete a triple bottom and indicate a reversal to the upside. Looking at he 90min chart we see Cypher B indicator in Panel 2 showing some bullish activity.
Rule of thumb:
-PRICE ACTION FIRST, THEN INDICATORS: at this point in time I would not call a bullish reversal until price action breaks through the waves of cypher A and flips from gray to white. Those EMAs are our nearest resistance with the FIB levels to follow. .20 is our battle ground, break above we're bullish, a rejection would entail another retest of our nearest fib support. For more details or my play by play, feel free to comment and ill get back asap. Personally, I am perpetually long VET as I see this changing and being the future global logistics blockchain integration.
VETUSDT is preparing to launch to the moon!After news that made VETUSDT fail to make a Head and Shoulder pattern, VETUSDT made a big retracement, to the second-lowest Trendline. It can be seen that even though VETUSDT made a big retracement, VETUSDT is still in Bullish Trend, and it can be seen that there will be Head and Shoulder coming up tomorrow or the day after tomorrow. So, let's get ready to board this rocket before I have successfully predicted that ADAUSDT will go to the moon, so let's go VETUSDT, as one of the most promising coins with low carbon emission, FLY TO THE MOON. The rocket will go to the first target shown by the orange line. After that VETUSDT will continue its journey to the moon.
VET DAILY TRADE #21 -> Lets be patientVET is in a downtrend on most timeframes, large and small. The time to short was .19
.18 seems lower odds of a place to bounce. You would want more retrace, .17 or .171 seems a logical place to bounce.
My take on BTC is its trading sideways bearishly, I'm seeing 48k to 46k soon. Thus the only 2 trade ideas I have is wait for .156 to .158, or play the breakout retest if it goes up.
As I touched on, there is a chance of a bounce at .171 area, around that 618 fib, but I dunno what strategy you can build around it.
Patience is the name of the game here. I would also stop accumulating. BTC is looking really weak. Wait to see how BTC bounces at lower levels before accumulating more. Likely you can get an even better price.
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Fundamentals
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Market Cap = $12,585,223,824
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VET DAILY TRADE #20 -> Minor breakout retest entryVERY HIGH RISK - STOP LOSS ESSENTIAL (WHEN ISNT IT ESSENTIAL??!!)
VET has formed a very minor ascending triangle. Suggests potential for a minor breakout that could see a pump to around .215
BTC has broken a minor resistance and looking to close on the 4H, that candle is coming about 40mins or so after I post this idea. A good trigger to buy here may be BTC 4h close above 50k, around 50500k close.
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ENTRY
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BUY: .187 - .188
TARGET: .215
STOP: .179
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Fundamentals
--==--==--==--
Rank #14
Market Cap = $12,585,223,824
Blockchain-powered supply chain platform
Top tier project
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