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Vechain

VeChain (VET) Can Enter Top 10 Cryptocurrencies Soon (50% Gain)VeChain Thor's token VET has a YTD performance of 1000%+. VeChain brings some of the most diverse, best and most useful solutions the worlds needs of all projects around. VET is my second favorite coin to trade in 2021. Price action shows a symmetrical triangle with small resistance. Trendlines might still get broken slightly and price might consolidate a bit longer, most probably forming a bigger triangle. Target: I used the height of the triangle to get a target of 0.37 USDT. Using a trailing SL could give you an even higher return with these higher lows. (Personally I trail 50% and sell 50% at my target.) The long wick on April 18 was due to a liquidation. A liquidation occurs when people are overleveraging their margin in a market and suddendly they don't have enough margin left. Price only has to drop a little bit and their long positions get closed automatically with an opposing market (sell) order that gets executed immediately. (Margin Call) As a result price can drop very hard in a couple of minutes and this can create a snowball of liquidations following up on eachother if lots of people are overleveraged. VET looks bullish against BTC as well: What is VeChain? VeChain offers useful solutions for enterprises by enhancing their supply chain management and business processes via blockchain. The information is kept in distributed ledgers via so-called Distributed Ledger Technology. This is where VeChain initially began in 2018. Since then VeChain was renamed to VeChain Thor and moved forward to more general dApp solutions similar to Ethereum . With VeChain Thor you can solve a broad amount of problems like countering the production of counterfeit products or managing energy consumption. If you'd like to know more about VeChain Thor and its ecosystem checkout their website . Vechain recently got ranked 13th on CoinMarketCap and is on track for the top 10. Did you know businesses worldwide lose $460 billion in revenue a year just because of counterfeited products? :o 14.1% of sales in the cosmetic industry in Europe are lost due to counterfeit products. ( source ) I mainly publish fundamental and technical mixed crypto analyses like this, follow me if you'd like to see more! :)
Long
by jonathanvn
7
VET DAILY TRADE #7 ---> new colorful fresh approach!Trying to jazz these graphs up a bit, hope you like the fresh new look! Vet false breakout yesterday you could play the break again, but its feeling a little risky to me. 2 reasons, first is I think we want BTC to correct here at least 5%, second is VET didn't pop like VET has done before. 3 weeks ago it goes 20% minimum here, this just highlights again bullishness is dropping off for vechain. I'm not sure why peoples bullishness has waned, you can never really tell in markets. My take is, right now there's diminishing returns of trading it and opportunities for gains elsewhere are so much higher. Likely the market wants VET to come down a bit more. vechain are doing a reddit AMA today so I'm keen for the summary cryptojtt can provide us! -=-=-=-=-=-=- Todays VET Trade -=-=-=-=-=-=- BUY: .2 to .193 TARGET: .25 and above STOP: .183 -=-=-=-=-=-=- --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #13 Market Cap = $14,333,165,000 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
11
Vechain ready to EXPLODE!Vechain is starting to recover from a much needed correction after making tremendous gains recently! We are currently pushing to break the 0.2 FIB Level after rejecting off of it earlier today. Once Altseason full kicks in i expect VET to fly past its ATH and move into price discovery! Our EMA Ribbons are now recovering turning back to the upside and seeing great separation in the ribbons. The RSI bounced perfectly off the 50. point level showing we are clearly still in an uptrend! we have awhile to go before we are overbought aswell. Our ZL MACD has sunk all the way to the bottom and is beginning to show signs of fully reversing bullish brining IMO an explosive move to the upside and eventually a new ATH! Not financial advice just my opinion! rarible.com Check out my first NFT! More in the making!
BINANCE:VETUSDLong
by JacobR905
4
VeChain - The giant will soon be awake!VeChain Daily Chart Update: VeChain is back above its Ichimoku Cloud Base Line (Kijun Sen). The Base Line (Kijun Sen) is indicating mid-term momentum is sideways. VeChain is back above its Ichimoku Cloud Conversion Line (Tenkan Sen). The Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards. VeChain is back above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. The Bollinger Bands Lower Band is still moving upwards towards the Middle Band indicating volatility has slowed. VeChain is still safely above its 50EMA. The Chaikin Money Flow (CMF) is indicating accumulation has increased with the CMF (Green Line) at 0.13. The Moving Average Convergence Divergence (MACD) is showing that the MACD (Blue Line) has curve from downwards to sideways. For most traders, a buy signal is generated when the MACD Line crosses back over the Signal Line (Orange Line). Notice how todays histogram is smaller & less Red than the previous histogram indicating sellers are losing strength. If VeChain closes above the Lower Yellow Pitchfork support line then we may see another attempt at crossing the Pitchfork Median line. VeChain is looking poised for possible consolidation for a few days, then ready for another massive move upwards. Although as the nature of crypto is crazy, it could shoot up much sooner. VET should definitely be in your longterm crypto portfolio. With the upcoming release of VeChain’s update POA2.0, we can expect VET to start making more mainstream impact. There’s a reason why PwC chose VeChain as their blockchain of choice to pimp out to all their clients. Just google PwC and see how huge that company is and how many client they service, it’s HUGE. My post are not really price predication post but more educational for you to understand what some of the indicators are and what they actually indicate. So i hope you i am succeeding with this and that you are all finding these post helpful 🙏. I hope this is helpful with your Trading and Hodl-ing. 👍🔥🚀🌍🌔🪐🛸👽
BINANCE:VETUSDLong
by TradingThroughTheLens
3
VETUSD 0.40 and 0.60 the next targetsPattern: Fibonacci Channel Up on 1D. Signal: Buy as the 1D MA50 has been supporting an uptrend since December 2020. The RSI rebounded exactly on its Higher Lows trend-line on its own Channel Up. Target: 0.40 and 0.60 which is where the 4.0 and 4.5 Fibonacci extensions are respectively. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> z_hq --------------------------------------------------------------------------------------------------------
BINANCE:VETUSDLong
by TradingShot
9
VET TRADE DAILY #6 ---> Lets move our entry to a breakout!Only a small adjustment today, changing the trade from yesterday. BTC feels bullish, I'm definitely expecting a pullback from BTC, just a small correction to shake us up a little. So far everytime I've expected it, BTC has pumped more... This breakout play is forming across majority of coins, some have broken, some have not. VET is so high that the confidence in it breaking and returning to previous highs is shaky. I think a lot of people are also hodling VET, and after we went parabolic, there isnt as much reason to buy in anymore. Why buy back in here when you can get larger return on other coins breakouts? BECAUSE WE LOVE VECHAIN THATS WHY!! Everyone's left poking at it, waiting for it to go higher. I have a strong sense VET may go sideways for a few weeks, in an upward trajectory. -=-=-=-=-=-=- Todays VET Trade -=-=-=-=-=-=- BUY: .198 or below TARGET: .25 and above STOP: .191 -=-=-=-=-=-=- --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #13 Market Cap = $14,333,165,000 Blockchain-powered supply chain platform Top tier project --==--==--==----==--==--==--
Long
by tommytoan11
1
Vechain Next Stop $0.33 @ 127.2 FibsVechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :) Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below. Update 30/03/21 Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10. Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target. See previous analysis below. Happy Trading :) $VET #Hodl Update 23/03/21 Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :) Vechain Monthly Outlook Update 23/03/2021 Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h *Update Vechain Outlook 20/03/21* Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level. Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below. *Update Vechain Outlook 18/03/21* Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs). *13/03/21* Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702. Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March. The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet
Vechain, Decisive Channel-Breakout Setting Up, How It Completes!Hi, Welcome to this analysis about Vechain, we are looking at the 4-hour timeframe perspectives. Vechain in recent times is one of the volatile currencies in the market that shows the volatility to the down and upside and has now formed this main descending-channel-formation in the structure marked with the boundaries in black, besides that Vechain has the more local ascending-channel-formation where it is building up and likely to breakout in the next times, when this breakout emerges it will be the major wave C within the wave-count from where the wave D will likely show up after Vechain tested the upper boundary of the channel, this wave D will then test the remaining supports from where the further developments with the wave E can show up. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the market.
BINANCE:VETUSD
by VincePrince
10
VE CHAIN CLEAN TECHNICAL ANALYSIS Looking at VECHAIN - VET here on the 1 hr time frame we can see that price previously has an impulsive rally to a key high area where it tested resistance at $0.28 and made a rejection. Since then price made a push to the downside breaking through the 0.786 fib support level. Price is currently in a symmetrical triangle pattern coming from an impulsive move to the downside. Price started this correction after testing the 0.5 fib support which it respected and has formed a multiple touch triangle pattern. I am anticipating that price will continue to respect this triangle and anticipating a small push to the downside where price action should test the 0.618 support level once again confirming the support to then make a push to the upside possibly testing previous highs There is a possibility that price may not respect the 0.618 support as the overall trend is coming from an impulsive move to the downside and this triangle may be a continuation pattern. We may push down further and test the $0.14 area before moving back on track to the upside to create new highs Thanks for reading !!!
Long
by akillizkb