VeChain | Not Ready, Not Yet (Wait For Me)What you see here is a strong downtrend.
The chart looks just like Bitcoin.
We have a weekly rejection at EMA10.
The bias is bearish so VETUSDT is looking for a new support.
CHANGE
Only after prices move and close weekly above EMA10 can we consider the bullish bias, right now it aims lower.
Wait for my timing.
Wait for my signal.
We are waiting for the bottom to settle.
Once the bottom is settled marketwide, there will be countless opportunities, many good long-term bullish charts will develop.
I will share these charts with great numbers for you.
Patiend is key.
Thanks for your enthusiam and support.
Namaste.
VET
VET / BTC 1Day IntervalAs you can see, VET in comparison to BTC is moving above the support zone, which has already defended the price against further declines.
We are currently moving in a local sideways trend channel, which can be used for short-term plays.
If the price starts to rise, it has a strong resistance zone from 181 to 237 satoshi on its way.
VeChain VET price are holding up well, what are growth prospect?VeChain (VET) is a blockchain platform for logistics management.
The idea behind VeChain is to increase the efficiency, traceability, and transparency of supply chains while reducing costs and putting more control in the hands of individual users.
Maximally logistics optimization is very important in the current difficult times.
Launched in June 2016, VeChain is now one of the oldest specialized blockchain-based logistics platforms.
VET is a token used for transactions and other activities, while VTHO provides commission payment, similar to how Gas works for Ethereum (ETH) transactions.
If we look at the chart with weekly candlesticks, we can see that for the last six months the price of VETUSDT has been trading above a strongly mirrored level.
The liquidity zone of $0.02-0.022 in 2018, 2020-2021 and now skillfully played the role of resistance and support alternately for a long period of time.
In case of a positive phase in the cryptocurrency market, $0.039 per VET should be an easy target in the coming weeks.
The medium-term target is $0.06 according to the blue scenario.
If the negative background and "wars" behind the scenes of the crypto market will continue (in particular, we described them in yesterday's FTTUSDT idea)
Then the development of the white scenario can also be considered positive)
The main thing is that buyers of VETUSD keep the price above the liquidity zone of $0.02-0.022 and then everything will be fine for VET in the medium and long term.
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VET Bullish Long!VET is going to finish the cup on a bullish trend and then go on to inverse head and shoulders! I see this heading to the first black line drawn on the chart in early December and the head and shoulders inverse completed in early January. After the new all time highs will be established!
#VET is #bullish in every way in my opinion.
This is my opinion and not financial advice.
Happy #CryptoTrading!
💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02436).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.02582
TP2= @ 0.02659
TP3= @ 0.02722
TP4= @ 0.02867
TP5= @ 0.02987
SL= Break below S2
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💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02436).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.02582
TP2= @ 0.02659
TP3= @ 0.02722
TP4= @ 0.02867
TP5= @ 0.02987
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Vethor Projection and rising scallop. In this idea I am investigating Vethor and seeing what kind of profit we can project for stake holders of VET. So looks like we got a clean Ascending Scallop and we will see some decent movement. Not a lot compared to other coins, but when you get Vethor free just for holding VET doesn't much matter if the interest token goes up as it is best to take what you can get. If you agree throw me a like and follow me for unique ideas and Charts that keep you in the gains! - Much love to my supporters ND
VET at good buy position
VET prices is now close to the ATL and just touched the demand area.
CMF is increasing and about to cross zero from negative values. This means that buy pressure is coming back.
Fundamental news also supports the prices to go up: VeChain is expanding in Europe by recruiting more than 100 developers.
Let's be patient and wait for VET to take off.
VECHAIN TO £13- As you can see previously VET did a 15,000% increase within 2 years!
- IF you were to invest £500 by dollar cost averaging in at around £0.02 a coin, £100 a month for 5 months if it stays at this price!
- You would accumulate around 25,000 VET coins!
- Now if you ware to divide your 25,000 VET into 3 sections you would have 8,333 coins split into 3!
- TARGET 1 - SELL 8,333 at the 4.618 level (£1) - 8,333 X £1 = £8,333
- TARGET 2 - SELL 8,333 at the 21 FIB level (£4.87) - 8,333 X £4.87 = £40,581
- TARGET 3 - SELL 8,333 at the 55 FIB level (£13.27) - 8,333 X £13.27 = £110,578
If you have the patience and wait for VET to reach those FIB LEVELS, then your £500 investment could be around £159,492
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARH - ONLY INVEST WHAT YOU ARE WILL TO LOSE!
VET - AnalysisOver the past week, VET has been expected to rise to the resistance range of $0.0235-$0.024 and reacted negatively after forming a double ceiling pattern in this area. We can still consider the price inside the descending channel. Because the resistance range indicated on the chart was fake broken. But as long as the support range of $0.022 to $0.0225 is maintained, we can expect the price to exit the descending channel.
But if the price hits this resistance area with a negative reaction this time, the price decline can continue to the monthly support area of $0.020. For the trend to rise in the 4-hour time frame, breaking this resistance range is necessary to continue the trend. On the RSI indicator, you can consider a narrow ascending channel. As long as the bottom of the channel is maintained, we can expect an upward movement.
uni / busd 1d binance short term bearish, BINANCE:UNIBUSD
rising channel on the 4 hr time frame, short term down side 68% chance of further slippage, tight stop losses always as uni can move fast in either direction, usually a precursor to bitcoin, Long term bullish when it breaks out this long term falling wedge for some big gains. could be couple weeks away judging by the charts.
VET/BTC Expanding Triangle Clamping the price before the impulseLocal trend. Time frame 1 day. Expanding triangle.
Coinmarketcap: VeChain
Price squeeze during “market doubt”.
A zone of price squeezing in a narrow range at the moment of uncertainty (doubt) of the market in general.
Clamped by large orders in the required buy/sell range on liquid exchanges. The range is spammed with orders, basically a bot is triggered to make the trades visible and to “protect” the large orders (so as not to “grizzly”, but if they gnaw—"go down steam"). Small exchanges themselves will “pull up” in price over time.
It works the same way (first of all) in pairs also to dollar, but the step is bigger (it is more difficult to hold a range). In pairs to bitcoin, it's easier to do due to smaller % of step (crypto price). The lower the price in satoshi, the more effective step clamping (range holding) is done.
Unfortunately, here on the site it is impossible to show the order stack, it would be more obvious, the chart is a consequence, not the root cause.
The meaning of the action—before a strong impulse up/down price movement, does not matter. You, unlike hamsters (those who are constantly losing money) cannot know exactly in which direction the market will locally go. The impulse (exit) is made under the general market trend (direction of movement). There are exceptions, but it is more about low liquid altcoins during the so-called “market window” (it is now). It helps a lot to move the price impulsively at such moments (decoupling):
1) stops (“market fuel”)
2) scalpers of course
3) oppositely tuned (in most cases, but not always) crowd (the main market participants) at the moment, that is the cloned behavior of people.
This is what the expanding triangle area looks like on a line chart.
This is what this "price squeeze" looks like locally.
On a linear to understand the without the "market noise".
The graph is a consequence of the sense of action in the glass.
VET/USDT 15 min chart Possible Bull FlagIn this idea I got a possible bull flag on VET that would be the catalyst to rise up to the max resistance within this last consolidation region before we see our last fall. Targets on chart in red. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains. Much love to my supporters - ND