Vechain
SHA starting EW 3$SHA
Had to go back and look at some old charts...
I'm excited for the coming weeks 🚀😍
-Micro EW (Green)✅
-Retrace to 0.618 (Macro EW 1) ✅
-EW Correction (Macro EW 2) ✅
-We are on our 3rd wave now, generally the biggest wave...
Thoughts? 😉
$VET $BNB #BSC $ETH $BTC
VETUSDT Triangle formationVETUSDT (1H Chart) Technical Analysis Update
Waiting for the Triangle Breakout
VET/USDT currently trading at $0.2543
Buy-level: 0.2650 (only buy if 1h candle closes above the resistance line)
Stop loss: $0.230
Target 1: $0.2780
Target 2: $0.300
Target 3: $0.350
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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CRYPTOS ANALYSIS- What's next?Very interesting video after a very interesting day.
I had previously posted for longs on Binance coin (up +10%), SIA coin (up 7%), Bitcoin short and then Long and Ada also long.
Every post came with many questions and concerns/comments so please do 2 things:
- look below at previous ideas/charts
- watch this video for what's next
As you will see, Bitcoin will find resistance at 58k.. That will be CRUCIAL for what happens next.
Keep in touch- show you love
the FXPROFESSOR
VeChain - Buy the Dip?We're looking around the 0.22 before another push to the upside. This area may come off a key level and psychological level in price, coinciding with a trendline bounce that has been respected for some time now.
Lots of positive fundamentals around VeChain - lets see what happens!
Interested in diversifying your forex investments with crypto? Drop me a message.
Issue#1 - My VETBTC trade for 4.20.21 TuesdayThinking of doing this as a daily practice, seeing how well I can pick it day to day haha
This morning I saw two ascending trend lines for potential bounce, the grey dotted line doesn't look like it got much respec, my second line also doesn't seem to be respected, on lower time frames it looks a little different
here is on the one hour, some wicks around it
and on the 15minute more significant.
Overall significance here is pretty poor though, I would never normally trade on these, but today... haha, I feel like trying to trade on VET each day so I'm a start here.
The MAIN reason behind me entering here is essentially trying to pick the bottom for BTC and relating that to is this the bounce for VET that creates some kind of triangle? (I posted an idea just before this comparing side by side XEM to BTC trying to predict the bottom, link below!)
Tomorrow I will risk less money on these VERY high-risk trades, today I went overboard, whoops!
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Todays VET Trade
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BUY: 390
TARGET: 450
STOP: 370
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Fundamentals
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Rank #13
Market Cap = $14,333,165,000
Blockchain-powered supply chain platform
Top tier project
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Happy 420!
VeChain - The Awakening of a GiantVeChain Update:
VeChain has performed absolutely brilliantly, especially during the crypto liquidation the other day.
At the moment of typing this, VET is fighting to stay above its Pitchfork Median Line. Ideally we want this daily candle to close above this level.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is sideways.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways.
Notice how the Ichimoku Cloud Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) levels are also moving sideways indictating sideways momentum.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is downwards, but be aware that it is a fast reaction indicator.
VET is still well above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
Notice how the Bollinger Bands Lower Band is starting to curve upwards indicating volatility is slowing.
VET is well above its 50EMA so there is no fear of dropping below that level anytime soon.
If we look at the Chaikin Money Flow (CMF) we can see that the CMF (Green Line) is well within the Accumulation Zone at 0.15 and that strong accumulation has been happening over the last couple of days.
The ADX DI SMA is indicating VET is still in an uptrend for this timeframe with the ADX (Yellow Line) at 78.8 still above its 10 Period SMA (White Line) which is at 74.6. The +DI (Green Line) has dipped to 29.8 but it its still well above its -DI (Red Line) which is at 8.8.
This is all telling me that VeChain is still very, very strong. If VET closes this daily candle below the Pitchfork Median Line, then we may see some continued sideways momentum for a few days bringing up the Bollinger Bands Lower Band ready for another massive move upwards. Saying that however, if VET closes this daily candle above the Pitchfork Median Line, then VET may shoot up again much sooner.
VeChain is a crypto sleeping giant that as of recently, seems to been getting noticed much more and is gaining a lot more mainstream attention. All i can say is, VET should 100% be in your longterm portfolio, so grab a bag before VET gets to $1 and beyond 🚀. Also ask yourself…… are you seriously gonna miss this potential opportunity?
I hope this is helpful with your Trading or Hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
VET BETWEEKLY; left. ONE HOUR; right. VeChain just won't stop. We've built good support above the 4.236 fib at $0.1956, currently trying to complete a bullish inverse head and shoulders to $0.30. Invalidated below the dashed support line at $0.021, buy the dip.
VETBTC ... what if i said to you... 650! :O650 SATS!
Hear me out!!
This most likely wont happen in the short term, im expecting BTC to come down and test 50k again. But the reality of a current break above 450 is at worst to test 550 to 600. VET has been one of the 3 most bullish coins during BTC's recent dump. Its price action has been like playoff Patrick Mahomes from last year. Its price action is picture-perfect, pumps, retraces healthy, pumps and so on. Its a supermodel graph.
Ascending triangles are forming across the market right now, various coins are pumping up as they correct back from the selloff.
I see 2 opportunities:
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Opportunity #1
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BUY: 450
TARGET: 500 / 550 / 600 / 650
STOP: 425
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The second opportunity... IM GIDDY! I fruiting love this entry. This entry takes into account BTC potential incoming dip, it takes into account VETs resilience to handle dips far better than all other coins, it plays on good fibs and a potential place for it to bounce nicely. It FEELS great!
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Opportunity #2
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BUY: 380 to 400
TARGET: 450 / 500 / 550 / 600 / 650
STOP: 360
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Theres a lot of intricacy to opportunity #2. If you look at my ascending trend lines, theres 2 places it could bounce off and possibly and even more likely chance that it just opts for channel pattern and tests 360 before bouncing. I will be following its price action downwards if the market tanks again, i would highly recommend buying in the 360 range if we dont bounce off any ascending trend lines.
Good luck guys. Remember, DONT YOU DARE TRADE RIGHT NOW WITHOUT A FRUITING STOP LIMIT!!! This is trading, not hecking gambling. Dont base your decision off only my idea... dont you dare do it! And if you could give my socials a follow id also be super appreciative!(Happy to follow back ;P)
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #13
Market Cap = $14,333,165,000
Blockchain-powered supply chain platform
Top tier project
--==--==--==----==--==--==--
$VET Not Phased by the "BIG" DipHave you seen how Vechan $VET handled the recent Crypto Market Shakeout?!!!
Instantly bounced back and already launching on towards a new ATH Price Target...
Look how much faith the Holders of $VET have, it's Almost like a Chinese "Doge", But then also the opposite As
A Token with REAL World Use Application, and a Teams hard work to back the project...
VECHAIN - VET impressive recovery, LONG.Great recovery by VET. The support around 17c is VERY strong.
Vechain has absolutely fantastic partnerships with major companies. The quick buyback tells me that the market believes in this coin. Pay attention to the volume. Google trends supporting the popularity of this coin and starting to be shilled by those in the space.
I wouldn't be surprised if this will become a top 5 crypto in the next few years, the use case is very strong. 30c by the end of the month?
VET Cooldown before new ATHWe saw a marketwide correction last night with most cryptos dropping 15% to me this is nothing out of the ordinary, we have been running up like crazy and with that we need corrections before we can keep moving up, it also great for creating more support. The VET bulls bought up the dip super quick bringing us all the way back up above our 0.2 FIB Level! I think soon enough we will start to see the markets and VET move up again creating new ATHs. The Zero Lag MACD did actually cross bearish but has recovered and flipped back bullish and starting to separate! Our EMA ribbons still look extremely bullish, pointing upwards and starting to spread out and open up carrying us with bull momentum. The RSI is overbought but coming down a little bit and the Ichimoku cloud is printing us green support clouds still but starting to turn a little sideways. Ideally it would be good if we went sideways for a few days before heading back up to create and strengthen support levels. Not financial advice just my opinion
VET/USD Buy IdeaThis is my view on Vechan, after completing wave 5 on the way are ABC corrective waves. So I will look to buy it around 0.16 highlited area.
VeThor Token | What's Next? It has been a while. And just wow, VeChainThor and VeThorToken surged massively in such a short timeframe 🔥 $VET with 750% + gains in the last 90 days, and $VTHO with a whopping 2500% + gains in the last 90 days (CoinMarketCap). While $VET was just continuing its uptrend, $VTHO had a cool-down period at the end of March and beginning of April. Since then, it recovered with an ascending triangle which broke on April 15th. Thereafter, $VTHO reached a new All-Time High at around $0.0285 two days later. But massive gains are always being followed by corrections. Today we experienced a little correction for the whole crypto market. However, as of this moment $VET & $VTHO pairs are looking to recover pretty quickly. In addition, both are still in an uptrend, with higher lows at all times. What’s next? 👀 And if you are a VeChain holder, make sure you have secured a VeThor bag as well 😉
Vechain(VET) Update: 228% Gain from Buy Zone 4..Next Stop $0.33 Vechain(VET) Update 18/04/21: 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 :)