Vetusd
VET/USD - UpdateAs I mentioned in my previous VET post in March, there was always a possibility that VET would drop out of the Bottom Trend-line of its Ascending Wedge and Invalidate that Ascending Wedge Pattern, which has happened. VET also failed to get back above its 0.236 Trend-Based Fib extension Level on that previous chart so we know that $0.087 is the price that VET needs to close a daily candle above solidified with a successful re-test as support.
So let’s move on.
Using a longterm Modified Schiff Pitchfork Pattern (A,B,C), you can see that VET is still below its Modified Schiff Pitchfork Pattern Median Line.
At the moment VET has found some support from its Lower Green Pitchfork Support Line.
Let’s take a closer look at this 1 day VET USD chart with the Bollinger Bands, LSMA and VPFR POC.
At the moment VET is fighting to stay back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1 day timeframe. Not that the Upper and Lower Bands are moving sideways at the moment. Using the VPVR, you can see that the Upper and Lower Bands are located roughly above and below an area of large volume.
At the moment VET has found some support from its Least Squares Moving Average (LSMA) level. A daily close ABOVE the LSMA is crucial for continued upwards momentum.
At the moment VET is trying to stay back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the Fixed Range of 22x daily candles i have selected.
For your viewing pleasure i have added various support and resistance lines (Black Solid Lines and Black Dotted Line) as well as various support areas as highlighted by the horizontal black lines with yellow shading.
As you can see, VET is now in a Descending Triangle Pattern (Bearish) as well as a Descending Wedge Pattern (Bullish). Note that the APEX of the Descending Triangle is located around Nov 2022 and the APEX of the Descending Wedge is located around March 2023. Note that a pattern can easily become invalidated with the price drop below and successful re-test as resistance of the bottom trendlines.
Looking at the Average Directional Index (ADX DI) we can see that Positive Momentum is still downwards with the +DI (Green Line) dropping to 14.17. Note that Negative Momentum is also down with the -DI (Red Line) dropping to 20.00. Note that the Trend Strength is still strong but has dropped with the ADX (Orange Line) dropping to 30.52 and the ADX is also back under its 9 Period EMA (Black Line) at 33.84 which is further confirmation of a weakening of Trend Strength at the moment.
Looking at the Moving Average Convergence Divergence (MACD), we can see that Momentum is upwards at the moment with the MACD Line (Blue Line) pointing upwards and is still back above its Signal Line (Orange Line) on this 1 day timeframe. Note that the MACD Line (Blue Line) is still BELOW the 0.0 Base Line in the Negative Zone.
Looking at the bottom Volume indicator we can see that overall traded volume is still low especially compared to what VeChain was getting from around October 2019 to May 2021. This is similar to Bitcoin’s daily chart which possibly means that while big money might actually be accumulating crypto assets like BTC, but there hasn’t been a constant inflow of big money actually trading crypto like BTC on a regular basis since around May 2021.
Using the Volume Profile Visible Range (VPVR) indicator, you can see where the Volume Profile Visible Range Point of Control (VPVR POC) is for this VeChain Chart is. Using the entire charts range we can indicate at what price range was the most volume was traded at. At the moment the Crypto market is following BTC so if BTC drops to $20k or $12,400 then we may see a wick down to around $0.009 which would offer a real great buying opportunity for most crypto. If BTC doesn’t drop to $20K then we will see VeChain eventually break back above its Descending Triangle, its Descending Wedge and eventually back above its Modified Schiff Pitchfork Median Line.
I hope this post is helpful with your trading or hodl-ing.
VeChain (VET) formed big bullish Gartley for upto 918% huge moveHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin.
On a monthly time frame chart, VET has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
VET can Increase Pretty Soon!VET is in an Ascending Triangle which is a Good Bullish Sign and Means The Price is gonna Increase Pretty Soon! No Break out Has Happened and We Shall Be Aware of the fact that When the Break out Happens the price will Increase as much as the Measured Price (AB=CD) . Well When The Expected Movement Happens, the Price will reach around 0.037$!
-VET is in an Ascending Triangle
-No Break out yet
-Price is gonna Increase as much as the Measured Price Movement (AB=CD)
-Target is around 0.037$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
#VET/USDT 4Hr UPDATE !!Hello, dear traders welcome to this VET/USDT 4hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see from the above chart, VET/USDT is currently trading conform triangle pattern, and the upper side brake and retest the trendline
is bounce sand target almost 70%
Entry:-$0.03084,$0.03150
Target:-70%
Stop-loss:-$0.02890
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
VECHAIN TO $1.30 (£1.19)- Ve-chain is solving a massive problem - It was built to enhance business processes and supply chain management.
- Overall great project with amazing use case!
- Currently down by 88%, massive discount!
- Full 89 FIB extension could take VECHAIN to $1.30 (£1.19) That is around a 50X return!!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE - DOLLAR COST AVERAGE!
VET/USDT - Potential Short ScenarioHello Traders!
VET price continues to move in a downtrend. As the price approaches the Buyers' interest zone, the correction may end in the form of a downward momentum, which will activate buyers' stop-losses and liquidation of margin positions.
The buyers' zone of interest, from which the previous upward movement developed, is in the price range of $0.010 - $0.018.
It is necessary to wait for the completion of the correction of the cryptocurrency market to make purchases mid-term, it is possible to focus on reaching Bitcoin at the price levels of $20000 - $22000.
Positions should be set closer to the support level of $0.010, in the range of $0.010 - $0.0120.
Price levels of $0.024 and $0.035 will be the targets for medium-term purchases
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
VET - MUST SEE.VET is in an ABC correction and Wave C turned into a complex Zigzag correction which is 5-3-5.
We are currently on the final 5th wave formation and seeing subwave 4. We are expecting one more drop for the final 5th subwave of the entire 5-3-5 zigzag correction.
As subwave 1 was extended, we can expect the 5th wave to be equal or shorter than the 3rd wave, which gives us a clear level to watch for price to stay above once the 5th subwave starts. This is because wave 3 cannot be the shortest.
Trade Idea:
- Once the final 5th subwave starts, measure the length of the third wave and use it as invalidation level for buys
- buy when bullish price action appears
- Targets: 0.17, 0.28, 0.35, 0.45
What do you guys think?
Goodluck and as always, trade safe!
[ALTCOIN]VETUSDT FALLING WEDGEHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
------------------------------------------------------------------------------------------------
Chart Analysis Content -
It keeps the position that should not be broken and the rebound came out, but the lifting power is weak, so you can check the bottom once again and raise it.
Stable trading should break through the most important sky blue downward trend and rise to the white upward trend.
$VET #Vehcain will meet 0.02 cents.
Vehcain is highly oversold in the higher times, especially on the 3D.
There's no other direction for it to go but upward. It's possible that it dips a bit more,
but at some point, it has to go upward. Because there's more room to go downward
with bitcoin, I believe there's a temporary push for some alts and bitcoin. Specifically with
Vechain, because it's highly oversold. It's likely that it will make a push to the upside to either
0.044 or either 0.060.. just for it to get rejected and head towards 0.02. It will meet 0.02
it just depends on where it gets rejected. Great opportunity to the scalp.
Remember don't FOMO, and always take profit!
💡Don't miss the great buy opportunity in VETUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04966).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 0.05678
TP2= @ 0.06349
TP3= @ 0.07129
TP4= @ 0.07619
TP5= @ 0.08277
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 ❤️
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.04966).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 0.05678
TP2= @ 0.06349
TP3= @ 0.07129
TP4= @ 0.07619
TP5= @ 0.08277
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 ❤️
#VET/USDT 1HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello community members welcome to this VET/USDT 1hr quick chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In a 1hr time frame VET/USDT formed an inverse head and shoulder pattern and broke the neckline.
In the current scenario, it's moving near the neckline and the green zone,
I am expecting an 11% gain from the current price
Mark.
Here we can take a long position for some decent profit on a leverage
entry:-$0.04830,$0.04880
target:-11%
stop-loss:-$0.04735
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
VECHAIN IMPULSIVE WAVE INCOMING. BULL RUN 2022 IS HERE.Dear crypto degen,
Welcome to the Crypto Weatherman channel.
After having an ABC correction, vechain is now ready to stick itself back out of the clouds for an home run.
Those of us knowing Elliot Wave... we're at point ((ii)) of leg 2.
TP1: $0.15
TP2: $0.23
Cheers and happy trading.
Your host,
The Crypro Weatherman
VECHAIN - Breakout Coming 🚨Vechain has completed the higher timeframe ABC correction and now we simply need to look for bullish corrections to enter.
We currently have a really nice bull flag with a solid trendline which we can monitor for a break. It's possible that we may revisit the double bottom before moving up so just bare that in mind and have it marked out on your charts incase we do get that scenario.
Trade Idea:
- Enter on breakout of corrective bullflag (red trendline)
- Stops below the correction
- Targets: 0.17, 0.28, 0.35, 0.45
Let us know your thoughts below.
Goodluck and trade safe!
A couple of different options for VET to take next week.I think both these options could easily play out, option 1 would take our 4th wave higher before we move down in our 5th. (if option 1 plays out then we would Need to adjust our lower end targets for wave 5.
Option 2 we go straight down to target levels to complete wave 5 and move on ups from there.
Option 3 would be that we just blast off to the moon and all my counts are wrong.
long trem vetit has a really good support range...
after its good growth, it has improved well and is ready to grow again