Vetusd
Vechain(VET) Update: Test and Break above 200SMA Vechain(VET) Update: Test and Break above 200SMA, potential 150% Gain from Buy Zone @ 23.60% Fibs ($0.13) to the 127.20% Fibonacci level at $0.33. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below
Vechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :)
Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below.
Update 30/03/21
Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10.
Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target.
See previous analysis below. Happy Trading :)
$VET #Hodl
Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VeChain (VET) - June 4Hello?
Welcome, traders.
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(VETUSD 1W chart)
(1D chart)
If it moves sideways in the 0.12828604-0.17029034 section, it is expected that the uptrend will continue.
If it falls from the 0.12828604 point, a Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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(VETBTC 1W chart)
(1D chart)
We will have to wait and see if we can go sideways in the 350 Satoshi-452 Satoshi section.
If it does not fall below the downtrend line, it is expected to continue the uptrend.
If it falls from the 248 Satoshi point, Stop Loss is required to preserve profit and loss.
It remains to be seen if the OBV in the volume indicator can turn from red to green.
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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 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.
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** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
VET big move coming soon!!?Vechain has fully broken out of the descending channel and now in the past few days we are seeing nice momentum pushing the 0.3 FIB level. If you look at the RSI, we're seeing an approach to the 50. point, if we can see a full break of this level we will be in a confirmed uptrend and we all remember what vechain did at the beginning of march this year! Also looking at the MACD we see a buy signal put out the other day and now starting too see a confirmed bullish flip of the Blue and Orange MA's, plus looking like 2 green bars on our histogram and we haven't seen that in quite some time. I think if we see a bullish close today above the 0.3 FIB we have a good chance of gaining a lot of momentum to launch us to the 0.5 FIB and beyond. Not financial advice just my opinion ps. everything also depends on BTC
VETUSDt is near to cross its rangeHere is our short review of VETUSDT. We are waiting for mega shoot up. Trade still ranged bounded and perfectly follow pathway as I recommended before check our previous analysis for review. Trade entered in novel supply zone and we are near to cross range (yellow area) to move high up to touch our target $1 level.
VET 1h timeframe analysisVechain analysis for the next 3-4 days.
If you see this please send feedback!
VET - Ready for takeoff, or DCB?If I were trading off the Stochastic, it would be go time on VET. According to Stoch, VET is coming out of an oversold condition.
While the MACD appears to be moving toward the same decision, it has not confirmed that selling is over.
Bollinger Bands have VET moving away from the lower band, but we could see VET just returning to the SMA, currently at .16, and then returning to a downward move.
At this time, I'm just going to go with my gut instinct and add a little more at his level. I think VET below .10 is just too good of a deal to pass up.
VET ready to breakout!!?Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the descending channel and the 100 day MA i think VET will start to explode once again like we saw a little while ago! Our RSI is pointing down slightly around the oversold zone and we have lots of room to run up to that midpoint line, for a full uptrend we need a confirmed break of that 50. point! The zero lag MACD looks very bullkish with our lead heading up and a start to a confirmed flip bullish with our blue MA ontop of the Orange. Very Bullish on Vechain as a long term project too i love the tech and real world use cases they are providing and could definitely see VET as a top tier crypto project in the near future, their partners are quite impressive and big institutions are really starting to realize what Vechain can provide and bring to their businesses! Not financial advice just my opinion!
VET - 6h. Critical point for growth - the range of $0.16-0.17 Nothing is impossible. It was with this slogan that VET sellers lowered the price by 80% from the all-time high. A powerful wave of decline in the VET market tested the liquid range in which the price was trading back in February 2021. It is in the range. of $ 0,05
buyers set the previous all-time high. It was at this historical high that we took a fractal that worked perfectly in our previous idea:
Sellers managed to push the price even below our global target o f $0.07 . As a result, all the profit that investors could have earned within 3 months disappeared in one day. Of course, this is at best.
However, the sharp rebound of the VETUSDT price from the mark of $0.05 and the unsuccessful attempts of sellers to update the local minimum proved the strength of the coin. Our short-term scenario for the VET price movement is positive. We expect the price rebound to continue after the panic fall with the target of $0.16-0.17 . For a confident continuation of growth, buyers should not give up control of the mark of $0.104 . After a successful test of this mark, a good chance will open up to buy this coin with low risks. The loss of this mark will send the VET price towards the trendline and question the strength of the buyers.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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VETUSDT Longer term analysis VETUSDt trade corrected to -161.8% Fib and still in consolidation range in yellow zone area. Trade will move up as consolidation period will be finished. Next target will be 435% Fib ($1 level) with some kinks and pull backs. You can enter for buy position in purple supply zone or near -161.8 % Fib (0.07- 0.1 level). Technically trade will go up. For longer term investment purposes, you can hold VETUSDT for handsome profit.
VET will rock out again ... think away from the loss ✨3 bullish signs for midterm:-
1- on the weekly time frame we can see that the global trend hasn't broken yet.
2- we already corrected 82% lower from its ATH since this bull run. so what lower than this we can see ??!! A 100% low ??!
3- will reach 16 cents first all ways, if we will bullish will touch 16 n breakout n if it get worse it will get to 16 cents resistance first then will go lower.
what should be done:-
1- if u r planning to sell wait for 16 cents to get the lower loss as much as u can n sell there, however I don't prefer to sell.
2- if u r planning to buy more, buy under 10 cents is amazing price n try to buy on parts if it went lower n leave 50% to buy when we get a confirmation.
3- we will be testing this support one more time I think so a good time to buy there.
4- DONT EVER THINK ABOUT LEVERAGING OR FUTURE POSITIONS ON THE CURRENTLY SITUATION.
5- if we closed this week candle above 14 cents so we r bullish.
VeChain (VET) - May 21Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(VETUSD 1W chart)
(1D chart)
We need to see if we can get support at 0.12828604 and get off the downtrend line.
If it falls from the 0.12828604 point, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
In order to turn to an uptrend, it must rise above 0.17029034 and gain support.
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(VETBTC 1W chart)
(1D chart)
We need to see if we can get support from the 316 Satoshi-350 Satoshi section and get off the downtrend line.
If it falls, it remains to be seen if it can gain support at the 248 Satoshi spot and climb along the uptrend line.
If it declines at 248 Satoshi, Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 221 Satoshi point.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
VETUSDt entered in purple supply zoneVETUSDt trade corrected to -161.8% Fib as I predicted. Next we are going to see consolidation period in yellow zone area. Trade will move up as trade consolidation period will be ended. Next target will be 161.8% Fib. you can enter for buy position in purple supply zone or near -161.8 % Fib. Best of Luck.
$VET @ 1.618 FIBvechain challenging the 1.618 fib channel level
not easy to find assets performing like this.
ask your financial advisor about vechain to see if it is right for you
some people who trade vechain have experienced euphoria, depresssion, denial, shock and anxiety.
trading vechain is not for everyone
VETUSD 12HPrice has reached the powerful ascending trend line, which price has made very strong moves off in the past. Price has also retested previous resistance as new support structure, which aligns with the 50 fibonacci retracement of the last major impulsive movement. Price is now showing signs of slowing down at the key support zone, showing signs that buyers may step in to start a new impulsive stage & resume the uptrend for a new potential higher high next towards 0.35000 ...
$VET SetupSuper simple setup - crypto is usually that way. It's a symmetrical triangle coming from upside - so bias is to the bull side. Only looking to play the long side in this one. It breaks out above 0.248 today - that point slopes down every day by about 0.002. Remember to look for the daily close as confirmation. Price targets are 0.300 and 0.325. It will break down below 0.154.