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Vechain

VET - Take A Wild Ride ?VET is showing clear upside price divergence against Bitcoin falling and this is a considerable show of strength. If price remains in this corrective area as Bitcoin descends then it will likely be a continuation pattern for a next wave up. I've plotted a possible elliott wave count and a penultimate with wave projection of $1.53! Invalidation is below the wick down at $0.13 I am surprised by what is happening and it will probably be true for other coins if i is for VET, but VET seems particularly strong right now. I still maintain that alts will suffer very large losses from wherever their top is, but things are becoming less black and white and lets see what happens. Its a very interesting juncture. I'll be waiting to see how Bitcoin behaves and if VET holds up I'll make an entry. Not advice.
BINANCE:VETUSDLong
by dRends35
35
VET Consolidating, where to next?Vechain update: Daily & 4 HR remain bearish at the moment, but from a TA standpoint it looks like we may have found our support here. This would complete a triple bottom and indicate a reversal to the upside. Looking at he 90min chart we see Cypher B indicator in Panel 2 showing some bullish activity. Rule of thumb: -PRICE ACTION FIRST, THEN INDICATORS: at this point in time I would not call a bullish reversal until price action breaks through the waves of cypher A and flips from gray to white. Those EMAs are our nearest resistance with the FIB levels to follow. .20 is our battle ground, break above we're bullish, a rejection would entail another retest of our nearest fib support. For more details or my play by play, feel free to comment and ill get back asap. Personally, I am perpetually long VET as I see this changing and being the future global logistics blockchain integration.
VLong
by TA-Tony
VET DAILY TRADE #21 -> Lets be patientVET is in a downtrend on most timeframes, large and small. The time to short was .19 .18 seems lower odds of a place to bounce. You would want more retrace, .17 or .171 seems a logical place to bounce. My take on BTC is its trading sideways bearishly, I'm seeing 48k to 46k soon. Thus the only 2 trade ideas I have is wait for .156 to .158, or play the breakout retest if it goes up. As I touched on, there is a chance of a bounce at .171 area, around that 618 fib, but I dunno what strategy you can build around it. Patience is the name of the game here. I would also stop accumulating. BTC is looking really weak. Wait to see how BTC bounces at lower levels before accumulating more. Likely you can get an even better price. --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
by tommytoan11
3
VET DAILY TRADE #20 -> Minor breakout retest entryVERY HIGH RISK - STOP LOSS ESSENTIAL (WHEN ISNT IT ESSENTIAL??!!) VET has formed a very minor ascending triangle. Suggests potential for a minor breakout that could see a pump to around .215 BTC has broken a minor resistance and looking to close on the 4H, that candle is coming about 40mins or so after I post this idea. A good trigger to buy here may be BTC 4h close above 50k, around 50500k close. -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: .187 - .188 TARGET: .215 STOP: .179 -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
2
VECHAIN | CURRENT STATUS | LIVE UPDATED*We will update this chart daily.* VeChain is currently (at the moment of speaking) trading at 0.188714 dollars. We just got a correction that was needed to keep the upwards movement. The correction was caused by Bitcoins correction caused by Elon Musk tweeting about not accepting Bitcoin as Tesla's payment because of the huge energy consumption when mining Bitcoin. But Elon also said that it will do research to let Tesla being paid with other altcoins that have less than 1% of the energy consumption of Bitcoin. This is very good for the market in general. I think Bitcoin can be heading to 100k from now on. This was one of the corrections I was waiting for. Tesla will probably choose one of those as new payment: ADA (Cardano) XRP Doge LTC EOS I think doge has the biggest chance of being used because Elon also added a poll on Twitter that was asking if Doge should be used as payment with a 76% answering yes. But silently I hope it will choose ADA :) Enough about other coins than VET :) We just broke the resistance of 0.185 dollars. I hope it can close today above this resistance (then it will become support). The next (small) resistance will be 0.2032 but we saw in the past that it easily breaks this resistance/support so I am more looking at the big resistance of 0.2211. On MA exp Ribbon chart we can see that volume went down and is ready to move up again and on the MACD chart we see that the 2 lines are crossed and is a bullish or upwards signal. If we break our support now we will go down back to 0.1631. Don't have fear and sell vet, we just had a huge opportunity to buy VET at cheap prices and are ready to start the upwards movement. If we reach 0.2211 in the short term it will be a + 17% so don't panic. Good luck!
BINANCE:VETUSDLong
by FrancisRousseauDev
VET - 12h. In a step before a powerful fall wave?Hello everyone. For almost a month, the VET market continues to consolidate, in which market participants are trying to gain positions before the next impulse. The main question that arises for us is in which direction will this powerful impulse , which is about to begin to emerge? On the one hand, we see a powerful wave of growth, after which a shallow correction began. This fact indicates a high probability of the continuation of the growth trend. However, if you pay attention to the history of the VETUSDT price movement, you can see a similar situation in February 2021. On the chart, we copied the fractal from this segment of the chart and transferred it to the current situation. As you can see, this scenario looks quite realistic. In addition, if we build a global growth channel, from which the VET price jumped out in April 2021, we see a likely collapse of the VET market can stop at the lower trend line: If we look at the situation and ignore the fractal, we see that the VETUSD price is preparing to exit the triangle . The lower trendline of the triangle also serves as the trendline of the growth channel, which buyers have been holding since February 2021. The current wave of growth, within the triangle, is happening without much enthusiasm from buyers: This can be seen from the trading volume and the growth pattern. The breaking of the lower trend line of the triangle will trigger the triggering of a large number of stop orders of buyers who bought VET during the previous 2 months. This volume of long positions, which starts to sell at the market price, could trigger a powerful wave of decline with the first stop at $0.17. If the triangle is broken upwards, we will wait for the retest of the mark of $0.22 . If buyers after the breakdown of the triangle upwards hold this mark, this idea will become irrelevant and it will be necessary to buy VET. P.S. Our previous idea for Vechain had two scenarios. So far, buyers have failed to implement a positive scenario. _______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
62
VET DAILY TRADE #19 -> keep calm and accumulate!If you don't have the money, STAY OUT! ONLY ACCUMULATE HERE IF YOU CAN AFFORD TO! We are at the 50K Niagara falls cliff edge, staring down at the bottom and asking ourselves, "Is 50K now the top? Will we ever see 64k again? Is this the end of the bullrun?" Nobody has a crystal ball, I don't know what can happen here. News and sentiment is currently moving the market. In these cases I can do TA up the wazoo but its not gonna do much. Technical analysis warned us we could come down here, but the TA doesn't necessarily tell us about 46k, or any further moves down. The TA doesn't warn us of the complete drivel that Elon excretes from his deplorable orifice some call a mouth. It takes serious cajones to buy here. It takes conviction formed from research and hours put in. It also takes disposable income! The best entry was timing the dip, which is hard, .17 and .165 was the play. But that's done and dusted and here we are. If you believe in us ranging in a channel of 50 to 60k, you buy here. Accumulate. It may also be worth waiting 24 hours and see where we end up. --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
2
VETBTC - 1d - UPHi, New post on VeChain. ------------------------------------------------------------- FA = TOP WALMART CHINA launched the 'Walmart China Blockchain Traceability Platform'. Running on VeChain, over 50 different product lines are tracked using IoT and blockchain from source to the retail stores (source). BMW already uses Vechain for their 'BMW Startup Garage Program'. VeChain is now also developing 'CarVerify' together with BMW. PwC has a program running on VeChain as well. ------------------------------------------------------------- TIME FOR TA NOW I AM BULLISH 25th of April: VET closed @ 342 with RSI 57 10th of MAy: close @ 363 with RSI 53 Higher lows and lower RSI REVERSE BULL DIV EMA 20 held as support this prognose is for approximately 1 week from today 11 May ------------------------------------------------------------ cheers GOOD LUCK 🍀🍀 ----------------------------------------------------------- NFA DYOR
Long
by kkrypto.be
2
VET DAILY TRADE #18 -> High Risk Wednesday!Todays trade is VERY HIGH RISK I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness. In this recent uptrend I don't think VET has been particularly bullish, just religiously following BTC price. Its possible that even if BTC ticks all the boxes for this trade, that VET may not even hit .223 High risk mild reward... lmao -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: .207 - .209 TARGET: .223 STOP: .2 -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
4
VeChain UpdateVeChain Update: At the moment of typing this, VET is fighting to stay above its Ichimoku Cloud Conversion Line (Tenkan Sen). The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is still sideways. Remember that sideways ranging is done within a range and not at a constant level. The Ichimoku Cloud Base Line (Kijun Sen) is indicating Mid-term momentum is sideways. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is slightly downwards. Note that the indicator tip is still above the price from 30 periods ago. VET is below its Bollinger Bands Middle Band Basis which is a 20 Period EMA. Note that even though we have this drop, the Bollinger Bands Upper and Lower Bands are still moving sideways. If Volatility was on the negative side, we would see the Lower Band expand downwards. This is a good thing 👍 VET is still above its 50EMA on this daily chart. The Chaikin Money Flow (CMF) is indicating VET is still in the Accumulation Zone of the indicator at 0.07. The ADX DI is indicating the trend strength has dropped with the ADX (Yellow Line) at 20.2 below its 9 Period EMA (White Line) which is at 25.6. The +DI (Green Line) is at 16.6 still above its -DI (Red Line) which is at 16.2. Hopefully VET can close the ADX indicator above the 20 Threshold (White Dashed Line). Volume is still relatively low. So my thoughts are that this is a sell-off in conjunction with everything else like the DOW dropping today, as you can see from the Bollinger Bands, there is no increase in negative volatility at the moment and the Bollinger Bands are ranging sideways. Once all the markets calm down, VET should soon be back over $0.2, and we may see some continued sideways ranging before the next big breakout. 👍 I hope this is helpful with your Trading and Hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
BINANCE:VETUSDLong
by TradingThroughTheLens
2
VET DAILY TRADE #17 -> AccumulationYesterday I mentioned accumulation as a possible strategy. I think that applies again today. The problem with entries here is the reality of getting it in my green buy zone is, its likely VET doesn't slowly get there, or even accurately hits that zone. If VET gets to that buy zone it will be because BTC dumps, if BTC dumps, its coming down 51k to 53k before looking at bouncing. In which case that buy zone may be where VET eventually evens out to 4 to 8 hours after BTC finds its bottom. There's so much risk here for short term trades, which is why taking a longer time frame accumulation strategy could be a healthier approach. BTC is still bullish, we are still in a bull market. Even if we hit 50k BTC, all it would be doing is trading in a zone. How confident are you in .35 VET targets? Have you DYOR? If you're bullish imo you accumulate here. -=-=-=-=-=-=- ENTRY -=-=-=-=-=-=- BUY: accumulate .187 TARGET: .279 STOP: .153 -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #14 Market Cap = $12,585,223,824 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==-- **Don't accumulate here if you cant afford to
Long
by tommytoan11
3