$vet #vechain/usdt 1hr Vechain is essentially following $btc #bitcoins lead, which is short term bearish. I am neutral for now on $vet but long term very bullish, at the minute vet is going sideways but my target for end of year is $1 vechain vet. As the fundamentals are excellent, for example
#Vechain's partnership with PWC has been highlighted in the paper 'Importance Of Blockchain Within The Big 4 CPA Firms: Cryptocurrency’s Existence,
and #Vechain has also become the official Layer 1 #blockchain partner of the ufc in a historic global marketing partnership With 900 million+ households across 175 countries, $VET will receive unprecedented brand/asset integration. fundamentally vechain is a excellent choice to buy and hodl, but to trade in the short term is of course reliant on bitcoins movements, as with most of the market. i would spot buy for now and hold, and not buy on margin until we get some clarification what the market (btc intends to do). I provided some Ta on the 1 hour for those that do want to scalp trade, rsi's aren't to high but currently going sideways for today. thanks like and follow for more updates. Technically Bullish.
Vthor
VTHO - VeChainThorTHOR!!
Here is a quick technical analysis of VTHO a few things I can point out using the indicators the standard indicators on here. I added RSI to point out one level there.
*This is a 1 day time frame and these indicators and will change if you are looking at hours or so on and want to make day trade movements.*
First, lets look at RSI 14. Notice that whenever we rise above 60 we generally make a significant jump. I have circled this on the RSI line. We are edging up closer to that 60 as we speak and will be interesting to see if the same thing happens. Current RSI is at 52.
Also, I have indicated a few levels of support/resistance (within range, give or take a few). It looks like we hold really nice at .0175, however below that is .0147, or .0138. Above we look to break and stay above .0199.
If you are not familiar with VET, I encourage you to read the white paper here:
www.vechain.org
Also, VTHO and it's future... for more information please see:
medium.com
THANKS for reading! Like if you Like!
Happy Trading :)
Much Love
DustyPH
*all comments are welcome*
🌧️ VTHO In Descending ChannelVTHO has been in a descending channel for a while now, and recently got rejected on the top of the channel. Facing huge selling pressure, we expect VTHO to retrace back down to $0.013 to test the bottom of the channel and form a W pattern before taking off again. If it breaks the support level, then expect a drop back to retest strong support near the $0.01 mark.
That said, RSI still looks pretty healthy, so VTHO might just go up from here off the support level at $0.0156. If we break the channel, expect to face strong resistance around the $0.02 levels.
Note: This is not financial advice and is merely my opinion.
VTHOUSDT next leg up? 🤷♀️Hello Traders. I hope you are having a fantastic 1st of April.
Today I want to share my thoughts on VTHO. As you can see, VTHO broke the resistance ( purple range ) on 20 march and had a nice bullish run.
Now it has made a pullback to the resistance area now acting as a support for it. Also we have a blue short term trend line acting as a support.
So overall, in my opinion, you can make a nice long position here.
Entry = 0.0135 $ Target 1 = 0.024 $ Target 2 = 0.08 $ Stop loss = 0.0125 $ ( if the 4H candle closes below the support area )
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on VTHO and don`t forget to comment what you think. ✌
Possible V Thor Bullish ReversalWith the Alt coin season only beginning. And Vechain gaining Strength. Much like the combo of Theta and TFuel.
Vthor will grow with Vechain. I expect Vthor of upwards to .50 Cents to a $1 Price Target. With Circulating supply being at around 30 Billion this wont be hard for it too achieve. within 2 years you could have a 50x-100x on return.
NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.
However, I've also bee right a majority of the time ;) If youd like to subscibe to me feel free. Will be going to Patreon on soon. You'''ll have acces to all my trades and signals
I want you all winning! Good trades everybody and be safe!
April announcement for VE Chain surprises will raise the price April announcement for VE Chain surprises will raise the price higher , Market always reacts to rumors and we think this action will lead VTHO and VET to go up further
technically : 2 weeks ago VTHO broke 0.012 resistance with high volume , we were afraid that last week we may saw some selling activity which was poor indicating that last week was the place for collecting buying positions supported by hammer weekly candle with poor volume , For that reason as long as 0.012 still hold we should follow 21 Feb and 21 Mar weekly volume , its expected to have the same volume in Apr following the trend