Where is the end of VET correction?Warning: This is a setup for buy/long, not sell/short.
From where we put the red arrow on the chart, the VET correction has started.
It seems that the VET correction is a triangle or diametric that we are now in wave D of this correction.
Wave D looks like a diametric that we are in the final wave of this diametric.
The green range is a strong support range on which we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Vetusd
#VET/USDT#VET
The price is moving in a bearish channel on a 1-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.0340
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.03500
The first target is 0.03579
The second target is 0.03650
The third goal is 0.03737
#VET/USDT#VET
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have bounced from a green support area at 0.0330
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.03400
The first target is 0.03614
The second target is 0.03700
The third goal is 0.03826
#VET\USDT#VET
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it.
We have a tendency to stabilize above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.04.5
The first target is 0.0430
The second goal is 0.04660
The third goal is 0.04980
#VET/USDT#VET
The price is moving in a bearish channel on a 4-hour frame, and the price has adhered to it to a large extent
We have a downtrend on the RSI indicator
We have a higher stability moving average 100.
Entry price: 0.0444
The first target is 0.04681
The second target is 0.05028
The third goal is 0.05451
Stopped loss is below the green support area
VeChain Twist: Next Crypto Crash or Rally?VeChain is moving in the direction we anticipated, heading downwards. Of course, we'd be pleased with a continued parabolic rise since we have two open entries that have performed exceptionally well, with our stop-loss significantly moved up.
Thus, we've already taken profits, securing a good position, but we aim to build a larger position in the overarching Wave (2), where we expect it to reach between 50% and 61.8%. This is significantly distant from the current price.
We also anticipate that VeChain might react more sharply to a potential sell-off in the cryptocurrency market than other assets, given its recent parabolic rise and increased volatility. As clarified in our last analysis, we've reached the Wave ((b)) at the 138% level, between 127.2% and 138%, and haven't seen this level since, leading us to expect further price declines. We estimate that for Wave ((c)), we might not immediately see a conclusion but rather a drop to the level of Wave 3, followed by an overarching Wave B and then a Wave C formation. The exact unfolding of this overarching corrective Wave (2) remains to be seen. However, we will not alter our stop-loss and will wait to see if VeChain falls as much as we believe it might.
VET LOOKS BULLISHThe VET diametric has been over for several weeks and VET has entered an uptrend.
It has a flip support range that can be pumped towards tp by maintaining this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VeChain to much higherVeChain is setting up potential long term trade similar to the trades we took in SOL, AVAX, WOO, Theta etc.
I will be accumulating during pull backs to my buy zone of 0.03910 to 0.04010.
VeChain is setting up multi time frame squeezes and I'm expecting explosive moves to much higher prices. This is a weekly chart so this move will take some time to play out.
My price targets for VET is as follows:
PT1: 0.06480
PT2: 0.09226
PT3: 0.1069
PT4: 0.1490
#VET/USDT#VET
The price is moving in a downward channel and sticking to it well
The price is expected to remain within it for some correction to the support level at 0.02400
The price is below moving average 100, so we have some correction to the support level
Entry price is 0.02400.
First target 0.02684
Second target 0.02940
Third goal 0.03212
Fourth goal 0.023461
VETUSD On the verge of an enormous rally.VeChain (VETUSD) is making this week (1W) a triple bullish break-out as it broke above December's Resistance, the Bear Cycle's Lower Highs trend-line that started on the April 2021 All Time High (ATH) and the 1W MA100 (orange trend-line), which is the first time above it ever. A closing above the latter, confirms the beginning of a new long-term Bullish Phase for VET.
This resembles the break-out on the June 08 2020 1W candle, which extended above the 0.786 Fibonacci level measuring from the first Lower High and after a pull-back to the 1W MA50 (blue trend-line), it made the ATH just below the 2.0 Fibonacci extension.
As a result, our target on a 6-month horizon is 0.14500, which is at the bottom of the Lower High Resistance Zone.
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VET ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart. We also specified the invalidation level. Closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
VECHAIN - Massive Drop Inbound!In our last analysis we identified that we were in wave 4 correction and were looking for one more move lower.
We successfully remained below the wave 4 invalidation level, making our current scenario valid.
We are expecting price to move lower to 0.013 to complete subwave 5 of wave C.
Trade Idea:
- look for shorting opportunities with stops above the wave 4 invalidation level (stops above 0.04)
- Target: 0.013 and then taper as we move lower
Goodluck and trade safe!
it's time to going down for VETUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.03010
Target2: 0.02964
Target3(Final Target): 0.02889
Stoploss: 0.03184
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If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
#VET/USDT LONG#VET
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
Price Now 0.02571
First Goal 0.03265
Second Goal 0.03969
Representing 170% of the current price
You must pay attention to the rebound points to be used.
VET/USD Main trend. Accumulation / distribution. Pivot zonesThe main trend. Logarithm. Time frame 1 week.
This time frame is more for orientation, where the price (area to work or monitor now) is in the main trend and what is the potential for price decrease/increase from its values now. The exception, this work and analysis is for investors and position traders with large capital, who are not interested in short-term and medium-term price movements for a small %.
The average prices of the accumulation and distribution zones of the last cycle are marked. Previously actively traded this coin, the previous ideas fixed under this trading idea.
Secondary trend — downward wedge.
Local trend — a potential double bottom in the case of holding the existing support.
Decrease from the price peak -91%.
Profit from the average price of the last accumulation +320% at the moment.
Short work .
I would like to point out that the coin, unlike many cryptocurrencies, is in substantial profit. In case the existing support breaks through, there is a prospect of shorting to the designated reversal zones.
Work in the long.
I have marked the reversal zone support levels and percentage of them to the resistance zones.
Linear chart. Time frame is the same.
Secondary trend.