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Vetusd

VeChain (VET) - October 22Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (VETUSD 1W Chart) - Medium to Long-Term Perspective Above 0.02332630 point: expected to continue uptrend Above the 0.03981204-0.06265984 section: Expected to create a new wave. Above the 0.14187200 point: expected to accelerate the uptrend. (1D chart) Resistance section: near the 0.14187200 point First support section: 0.08458101-0.09110688 Second support section: near point 0.06265984 To break above the resistance zone, we need to check if the price holds above the 0.11326725 point. So, if you find resistance by falling from the 0.11326725 point, you need a short-term Stop Loss. (This is only possible for those who are familiar with short-term trading.) When you touch the first support zone, you need to make sure that it rises above the 0.11326725 point with a sharp rise. If the price holds above the resistance level, I expect a move towards the 0.20955073-0.22890460 area. (1D chart with drawn lines removed) We show you how to set support and resistance points by activating the MRHAB-O indicator set on the chart. Checking the chart, checking the relationship between price flow and volume, and finding support and resistance points in price movement is an important part of trading. I think that the trends or various patterns drawn on the chart are used to analyze the chart. To proceed with trading with this analyzed data, you need to set up support and resistance points or sections. Otherwise, there is a high probability that the distribution of funds will fail. Buying with all your funds at once is a method used in very short, short trades that require a quick sell. This is because, if you do not sell in segments by selling quickly, the psychological burden will increase and your trading may lead in the wrong direction. When the price declines and it is confirmed that the price is supported at any point or section, it is necessary to proceed with a split purchase at that time. Then, if the price surges or it is confirmed that there is resistance at any point or section, we proceed to sell in installments. If the price rises and you find support at the resistance point or section, you can proceed with a split buy. However, since the price is already rising, buying with a large amount of money will increase the risk, so a short-term transaction that can recover the purchase principal is required more quickly. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BINANCE:VETUSD
by readCrypto
1
VET - is going to drop🤔❓VET has broken the local trend line, which is a signal that support has not deterred sellers and price could continue to decline. In addition, we see volume in spikes, which also tells us that big players are locking in their positions. This is also a bad signal for an uptrend. If you look at it from the technical analysis side, there are more downside than upside prerequisites right now. Below is the area where the price could come in. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
8
VET-Vechain Bullflag in the making Vechain forms a beautiful bullflag. The price target is around 0,1485.To enable the breakout, two lines must be broken. first resistanceline is the geenline in the bullflag. second resistanceline is the yellowline this line is more important. The line has been around since April,20,2021.In the last few months there have been several attempts to break the line if we break and hold the line upwards. The next price targets in next weeks are 0.1411 and 0.1531. It would also be possible that we would be dismissed from the yellow resistance line again, if that happened the next price targets for the blue support lines. Please tell me your opinion and if you like it, give it a thumbs up
VLong
by Kianlc
2
💡Don't miss the great buy opportunity in VETUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.12041). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 0.12774 TP2= @ 0.13232 TP3= @ 0.13913 TP4= @ 0.14572 TP5= @ 0.15294 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 ❤️
Long
by ForecastCity_World
15