VET BET It's Extremely exciting to see this play out so smoothly. Opened position at $0.02-$0.04. I believe this product can stay successful in the long run, as a hedge against currency-coins. Staying long!
Vechain
VeChain - 1hr chart buy the dipsVeChain 1hr Chart update:
VeChain is still well within the Bullish Zone of the Ichimoku cloud for this 1hr timeframe.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards for this 1hr timeframe.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways for this 1hr timeframe.
VET is below its Ichimoku Cloud Conversion Line (Tenkan Sen) so VET eventually needs to close a 1hr candle above this level and turn it into strong support.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways & slightly upwards for this 1hr timeframe. I say widens because the Lagging Span (Chikou Span) is a fast price reaction indicator and sideways trading is done within a range and not at a constant level.
VeChain is fighting to stay above its 50% Fibonacci Retracement Level which is also where the Ichimoku Cloud Base Line (Kijun Sen) is located.
As you can see, VeChain has managed to close 5 1hr candles above its 50% Fibonacci Retracement Level.
VET is still above its 50EMA.
VET is below its Bollinger Bands Middle Band Basis which is a 20 period SMA. VeChain needs to eventually cross and close a 1hr candle above this level and turn it into strong support.
The Bollinger Bands are also showing that we may see a Bollinger Bands Squeeze for this 1hr timeframe indicating sideways momentum.
The Chaikin Money Flow (CMF) is indicating that there is still accumulation happening even in this 1hr timeframe even though it has slowed and dipped slightly.
Please look at my previous VeChain Longterm post, what happened was exactly what i said was going to happen, VeChain found strong resistance at its Pitchfork Median Line and has retraced slightly under it. VeChain needs to eventually close a daily candle above this daily Pitchfork Median Line and turn it into strong support.
So wow! What an incredible rise for VET. Well done if you actually listened to me weeks ago and managed to get in early. If you didn’t, don’t worry as its still not too late to grab some VET before it crosses the $1 mark. The future really is looking bright for this sleeping giant of the crypto world.
I hope this is helpful. Good luck 👍🔥🚀🌍🌔🪐🛸👽
VET/USDT Prediction Analysis Good morning to all Respected Investors and Traders,
I made a simple analysis for VET/USDT after a long long run..
There is always a "High ealth Correction" after that..
So I reckon you guys to entry at 0.22 - 0.23 USDT and Take Profit at my sign "Potential Target"
Time will tell..
Today is the weekend, so make your own analysis is sounds better..
Critics and Comments are super appreciated
Thank You!
Best,
DM
PS: This is not financial advisor. Please DYOR before entry the market.
VeChain (VET) - April 17Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We need to see if we can get support and climb in the 0.23458868-0.24620446 range.
If it falls, you need to make sure you get support at 0.21135712.
If it falls between 0.09819935-0.10681513, Stop Loss is required to preserve profit and loss.
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(VETBTC 1D chart)
We have to see if we can get support at the 379 Satoshi branch.
If it falls, we need to make sure we get support in the 323 Satoshi-337 Satoshi section.
There can be a plunge due to a surge, so careful trading is always necessary.
We have to see if there can be any movement to break above the 504 Satoshi point.
If it falls between 156 Satoshi and 170 Satoshi, Stop Loss is required to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
$VTHO is ready to explode!Here is my $VTHO prediction for the next 10 days. Could happen sooner if hype and volume picks up.
VeChain - Longterm OutlookVeChain Longterm Outlook:
I thought i’d do this post slightly differently, more neater with less indicators on it so you can see how far VeChain has come and what a crucial time VeChain is nearing at.
VeChain is well above its 50EMA on the daily chart.
The Bollinger Bands are indicating volatility has increased with the Upper and Lower Bollinger Bands expanding away from each other.
VET is still above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. VET is essentially walking the Upper Band upwards.
The ADX DI SMA is indicating the upwards trend strength is huge with the ADX (Yellow Line) at 75.8 above its 10 Period SMA (White Line) which is at 68.7. The +DI (Green Line) is at 35.8 which is hugely above its -DI (Red Line) which is only at 2.7.
If we look at the Chaikin Money Flow (CMF) we can clearly see VET is being accumulated with the CMF (Green Line) above the Accumulation/Distribution Line (Dashed Line) at in the Accumulation Zone at 0.13 at the moment.
I have added a Least Squares Moving Average (LSMA) on this daly chart to show that VET is very strong and shows no sign of crossing back under its LSMA anytime soon. FYI the price crossing back under the LSMA is a sell signal.
VeChain has found very strong support from its Lower Yellow Pitchfork Support Line.
There is no fear of VET crossing and clossing a daily candle below its Pitchfork Hagopian Line in the short to mid-term.
Very soon, VeChain will likely attempt a crossing back above its Pitchfork Median Line 🤯.
We can expect massive resistance at the Pitchfork Median Line, and there should be some pullback expected because of this resistance……… or maybe it’ll breeze through, such is the nature of cryptos.
Crossing and CLOSING a Daily Candle above this Pitchfork Median Line and turning that line into strong support will enable VET to set a new launchpad from which it can achieve its next challenge…….. crossing & closing a daily candle above $1.
As you can tell, I’m very excited about this prospect.
Just google VeChain and see just how much of a sleeping giant this crypto is. It has a real world partner & client base that would make any corporate jealous with envy. People have asked me, “why doesn’t VeChain promote & pimp themselves out like other crypto companies”?…… my answer is…. because they don’t need to.
As i stated before, VeChain should be in your longterm portfolio & is definitely one to watch.
I hope this is helpful with you trading and hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
VeChain VET clean technical analysis looking at VET here on the 1 hr we can see that price had an impulsive push to the upside finding resistance at a fib level,
since then price has made a rejection from the high and is moving correctively in the form of a descending channel back to the most recent fib support area that it previously broke through, anticipating for price action to complete the correction and possibly confirm support at the double bottom or move slightly further back to the fib level where they grey box is located. if price rejected this support and confirms a move to the upside this can be a good high probability move to the upside for long positions in the green zone.
VET.USDT (P21.P2.E5).Confirmed ParabolicHi Traders,
This is a continuation post from the previous successful call, link below.
I made this call some time back that VET looks like the makings of going parabolic and today I have confirmed it.
The definition of Parabolic is simplistic based on the structure, 4 bases, curvature support trend line, price breaks top straight trendline and over extension to who know's where.
Hence the chart below.
I have a region or area where we will find the top, as to finding it exact will be excellent but very difficult to do.
So keep going long with VET until it reaches one of these levels.
All the best,
S.SAri
PREVIOUS POST
VET breaking key resistance and its previous ATH // PUMPING NOW!VET isnt done yet, set a W formation and will pump 25% as it has no resistance left until the next FIB level. Will do 15/20% against BTC aswell. This will happen from now going into next week. This is a quick update, I have more stuff to do in this crazy market; ride the wave peeps!
VET/BTC: coffee time! (80% against BTC!) Had another look at the VET/BTC pair and we have a cup and handle breakout with a 80% target. VET is an insane rocket ship and didnt even reach its opening BTC price. I project this target to be reached in the next weeks as VET has a lot of gas left and is one of the most bullish alts; it has hype and fundamentals. Perfect.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
VeChain $VETUSD Long Term Target PTs .35-1 and higherEnterprise-level partnerships send VeChain (VET) price to new highs
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high.
Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads.
Since February enterprise-level adoption and a wide array of use cases have worked in favor of VeChain (VET), a blockchain-powered supply chain platform that seeks to use distributed governance and Internet of Things (IoT) technology to optimize supply chain management systems.
Data from Cointelegraph Markets and TradingView shows that the price of VET has increased more than 400% over the past two months, climbing from a low of $0.0263 on Feb. 8 to a new record high at $0.1344 on April 9
Major collaborations ignite VeChain price
A scroll through the project’s Twitter feed shows that VET's price growth in 2021 has largely been stimulated by the adoption of its supply chain tracking technology. On April 8 the team announced a collaboration with the software company Salesforce.
VeChain’s technology has also been utilized on several projects that are managed by its partner DNV. DNV uses VeChain's blockchain solution to manage the data from projects with the Danish company ReSea and the Norwegian industrial company Hydro.
The increase in VET price and adoption since the beginning of February has also led to a 1,000% increase in the price of VeThor Token (VTHO), which is used to pay for transactions and smart contract interactions on the network.
An early March NFT-related collaboration with VIMworld also helped bring extra attention to VET and VTHO and was followed by a steady increase in price.
The positive benefits of these partnerships were reflected in data from Cointelegraph Markets Pro, which shows that the market conditions for VET have been favorable for some time.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
As seen in the chart above, the VORTECS™ Score for VET turned bullish and reached a high of 73 on April 3, about two days before a smaller price spike on April 5. Following this move, the VORTECS™ Score increased to a high of 87 and remained in the green zone over the next three days as VET price gaine 35%.
Now that institutional investors now taking a serious interest in the crypto sector and the ways that blockchain technology can be integrated into various sectors, VeChain’s real-world use cases and growing list of enterprise-level partners indicate that there is potential for further upside.
VET updateUp 135% from our original entry. Reached all target in 31 days and is still looking feisty as ever.
First resistance zone is here at 263 sats. And the ATH level to break is at 340 sats. Let's first wait and see what Bitcoin does this week before we re-enter. Although a drawback doesn't seem very likely as volume stays relatively high.