VETUSDT.PS trade ideas
VET SETUPBased on the provided chart for VET/USDT on a 1-day timeframe from Binance, here is a detailed trading plan:
### Entry Points
- **Primary Entry**: Around 0.02335 USDT
- This is the key entry level where price has formed a consolidation and potential reversal area.
- **Secondary Entry (Lower)**: 0.02042 USDT
- This lower entry can be used if the price dips further but remains within the support zone, providing another opportunity to enter at a discounted price.
### Target (Take Profit) Levels
- **First Target (TP1)**: 0.02750 USDT
- This level is a 61.8% Fibonacci retracement from the recent swing high and may act as a resistance level.
- **Second Target (TP2)**: 0.04000 USDT
- A significant target and resistance level where the price may face some selling pressure.
- **Third Target (TP3)**: 0.05500 USDT
- A more ambitious target, representing a larger upside potential if the trend continues upward.
### Stop Loss
- **Stop Loss**: 0.01731 USDT
- The stop loss is set below the most recent support level to protect against further downside. This level ensures a tight risk management strategy.
### Key Levels and Observations
- **Fibonacci Levels**:
- 38.2% retracement at 0.02427 USDT (resistance area).
- 50% retracement at 0.02588 USDT.
- 61.8% retracement at 0.02750 USDT (TP1).
- **Harmonic Pattern**: The chart forms a harmonic pattern, indicating potential bullish momentum once it breaks above the resistance zone.
- **Volume Profile**: There’s significant activity in the current price range, indicating a possible accumulation zone before a breakout.
### Technical Indicators
- **RSI**: Suggesting the potential for a bullish reversal from oversold conditions, which strengthens the bullish bias.
- **MACD**: Positive divergence forming, indicating a potential upward momentum shift in the coming days.
### Trade Plan Summary
1. **Enter** the trade between 0.02042 USDT and 0.02335 USDT.
2. **Set Stop Loss** at 0.01731 USDT to minimize risk.
3. **Target Levels**:
- **First Target (TP1)** at 0.02750 USDT.
- **Second Target (TP2)** at 0.04000 USDT.
- **Third Target (TP3)** at 0.05500 USDT.
This strategy leverages both Fibonacci retracement levels and harmonic pattern completion for potential upside. Ensure to adjust your position size and manage risk accordingly.
VET - new ATH in Oktober 2025? Hello everyone,
Like many others here, I'm predicting the real market top to happen around October 2025. With that in mind, I want to talk about one of my favorite projects, which, unlike many others from that time, didn’t lose steam. Instead, it’s remained attractive for new investors.
After its ICO launch in 2018, the project went through an accumulation phase that lasted over 650 days. Then, it had a breakout period of more than 220 days, which ended with a massive price surge of 10,000%. That took the price from $0.03 all the way to its all-time high of $0.30.
Now, looking at the current VET/USDT chart, we’ve just wrapped up another 650-day accumulation phase, and there was a solid breakout in Q1 2024. So, I think we’re still in the breakout zone, and I expect this to continue until around Q4 2024.
As for my prediction: I think we’ll finish the breakout zone by Q1 2025, with the price hitting its previous ATH of $0.05. Then, by Q3/Q4 2025, I see a big surge, with October 2025 marking the top. A 10x from there seems possible, bringing the price to at least $0.50.
Honestly, I wouldn’t be surprised if it reaches $1, but $0.50 feels like a ‘safe’ target to me.
NFA as always,
Cheers
VET USDT spot trade | 2000% potential or ATH in 2025 bull marketVET/USDT is setting up for a massive run, with 2000% potential or a new ATH in the 2025 bull market. With VeChain's strong fundamentals and increasing real-world adoption, this could be a top performer in the next cycle. Keep an eye on key breakout levels! 🚀 #VET #VeChain #Crypto
Buy and hold in spot.
VET (VeChain): Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. Trend traders: wait for such a breakout. Swing traders can trade the channel, enter near channel support trendline and exit near channel resistance trendline of $0.27.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.02, then $0.015. Nearest Resistance Zone is $0.024, then $0.027.
VECHAIN [LONG] Coming out of a 1-5 elliot wave we had a retracement to our 0.786 level and even a WICK down to our multi-year channel that confirms we've established these lows. Our levels off of our FIB from SEPT2024 are also being confirmed with our resistance/support around 0.618. If we wick below our low of our channel this will be a good "buy the dip" opportunity with "a shakeout before we break out" into another 1-5 wave pattern. We have to clear 0.02804 before this will be a secondary confirmation with the rules of the "Elliot wave theory" taken into account. DCA is the play here, at our lower levels and even once we clear that # with the rules in play. Happy investing!
Possible 2 XDaily TF
1 - ema 20 crosses ema 50, down. 50% drop in price follows from April to July 24. 20 hasn't crossed back up yet, but showing signs of a support/floor.
2 - 20 did not make it back for a cross up. But price action tagged along on BTC rise. Followed by retrace.
3 - Increased volume. Visual signal for long...
*** Possible 2 X from price 0.021***
1HR TF
4 - Short term signs of a rise. 20 ema crossed 50. price heading towards a touch with the 200ema. Then anticipate a pullback. Use this TF in confluence with the D TF to execute a possible long entry. If volume good on the bounce and BTC showing strength, wait for confirmation to enter long.
15 Min TF
As per Anchored Volume profile and diagonal resistance line, target entry price is 0.02281
Daily Inverse HS Setup---6 Month support looks testedI was charting 6 month supports and VET caught my eye. Here we are seeing the lower time frame daily structure that has formed with inverse head and shoulders. But the 6 month chart is very impressive and the head of this daily inverse HS tested deeper into the 6 month support. This is an easy invalidation daily trade with the 6 month thesis. This could very well be bottomed and ready for the bull run. We'll see.
VeChain green area to refill your bag before the alt seasonVeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked.
However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am quite frustrated by all this nonsense, woke socialist ideas. We are here to make money and create new tools in a new industry; who cares if it emits carbon or not? The whole climate change vs. crypto debate is highly hypocritical and political.
This is a red flag for me, so I do not invest in this coin. However, some friends and people I respect in the crypto community are all over this project, so here is my entry point.
VeChain is still in consolidation and has not reached the bottom of it. It will likely continue to go down, and a good price to hold for the upcoming altseason is 0.023-0.025. Ideally, 0.020 would be perfect, but I am not sure if that opportunity will come again. Anyway, this coin will probably do x2-x5 in the next few months, so it's not a bad deal compared to what banks can offer for your money.
DYOR.
Vetusdt Trading opportunityBased on the recent bullish trend in VET, the price has undergone a correction and is currently exhibiting a structure resembling a typical round bottom formation.
If this pattern materializes as expected, it could lead to the formation of a small cup before a potential breakout.
The chart indicates the presence of a buyback zone and an important external demand zone, both of which are acting as strong support levels. Additionally, there is an internal supply zone and established resistance targets.
Your insights and engagement through comments and likes are appreciated. Thank you.
Vechain/USDT-H1Hello everyone, we are back with an update for the VETUSDT currency. As we can see, the price started with three waves, very clear. And the fourth wave was complicated in the form of WX and Y. Now, a price explosion. From these places specifically? Without any pullback. And the price is forbidden? Pullback to the top of wave one. I wish you success. See you soon.
Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next.
💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support.
💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout.
💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success.
MyCryptoParadise
iFeel the success🌴
Vechain/Usdt h4We notice that the price has finished 3 impulse waves and the wave structure is not complete and lacks a final fifth wave. Now the price is in the fourth corrective wave that may reach the 50 Fibonacci levels of wave 3 since the second wave reached 61.8 Fibonacci. I do not think that the fourth wave may extend more than 50 percent Fibonacci. Therefore, at the 0.028000 area, we may see a strong price explosion upwards and the first target is 0.035000 and by breaking it, we may continue to 0.039960. I wish you success.
VETUSDTAs shown in the picture, the V-Chain factor was in a very deep correction from March 2021 to today. June 26, 2024, and then the price took off from the 0.012 levels with five very clear impulse waves. To the 0.05 levels and then. Then it made a correct triple ABC, as shown in the picture. And the fourth wave test returned, which forms a very strong support. With this currency? In light of this data, we entered the purchase of this currency from 0.02 by targeting the previous peak at 0.05, and by breaking it, the targets may extend to 0.09. From there, we may target 0.11 cents for this currency. Good luck to everyone, and if you have any questions, do not forget to leave them in the comments.