VETUSDT PullbackThe price is testing the 0.5 Fibonacci level on the daily timeframe on 0.67$ after a rejection on 0.088$ daily resistance.
On the 4h timeframe, the price is creating a triangle, and the price is testing the previous dynamic support again.
How to approach?
The price bounced on the previous supply zone on 0.064$. The price needs to flip again the daily resistance, and if the market is going to satisfy our rules, we could see a retest of the previous 4h support now resistance on 0.72$
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
VETUSDT.PS trade ideas
#VETUSDT looks prime for 350% Rally!Welcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to VET/USDT 1day chart update by CRYPTOSANDERS
As we can see at the above mentioned chart that vet/usdt currently trading inside the channel and broke the blue MA and currently facing green MA as a resistance .
So here we are expecting that vet will reject from the green MA and mov e down to green zone and bounce.
We can take entry if it moves down to green zone which will be the confirmation for long trade position.
entry:-$0.05639,$0.06803
target:-300% to 350%
stop-loss:-$0.04434
with laverage 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 under 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 move up in less than 2 daysits good coin and its famous in eroup
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VET Sign of Strength RallyThe VET price had been observed in a horizontal re-accumulation trading range from Jan 22, 2022 to Mar 27, 2022. The VET price exited this re-accumulation trading range with the SOS rally.
I will make a long entry at the BU/LPS event (around $0.07) and take profit around the next resistance cluster around $0.10. The upper and lower boundaries of the re-accumulation trading range are given by the horizontal black lines.
Blue arrows mark volume spikes.
Wyckoff abbreviations: automatic rally (AR), change of character (CHoCH), sign of weakness (SOW), failed upthrust (FUT), selling climax (SC), sign of strength (SOS), back up (BU), last point of supply (LPS).
This is not financial advice. I am not your financial advisor. This is my opinion.
VECHAIN LONGHello everyone,
Just wanted to share this idea for a ~30%+ long opportunity on VET.
Vechain has had some good momentum.
I believe we will drop down to the area below. Catch support around 0.07488.
I will be longing with HEAVY leverage. Risk it for the biscuit.
Adios.
Aiming for 0.095
Good luck.
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06848).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.08002
TP2= @ 0.08815
TP3= @ 0.09610
TP4= @ 0.10308
TP5= @ 0.10834
SL= Break below S2
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💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06848).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.08002
TP2= @ 0.08815
TP3= @ 0.09610
TP4= @ 0.10308
TP5= @ 0.10834
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 ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
VET is looking really good in the mid/long term. However in the short term I am kinda bearish because we have a bearish divergence in the 4H chart. BTC is also showing signs of weakness so that is a factor that can make altcoins bleed. I still believe that after we hit the support level we we will bounce. Comment what you think.
I haven't been posting lately because I am busy with IRL stuff, so I apologise for that. I don't know if I can stream tomorrow or on the next week so I am also sorry for that. I will try to be more consistent in posts next week.