VET
$VET nice VCP with bullish sweepsNice technical set up and bullish PUT sweeps at the bid to support, interesting one trader opened 12/16 22.5 puts for about 310K in premium.... stock is trading at 21.95 implying strong upside move .
For the more conservative, can wait for pennant / triangle breakout to go long / short, depending on direction.
My bias is to the upside and am long here with a stop being close outside of triangle with confirmation.
Almost forgot, that MACD is looking juicy as well : )
VETUSDT / D1A good trend is taking shape. It has been 8 months since a flag pattern was made in the middle of the process, and after completing this pattern, it can grow to the size of a flag handle and have a return of 1000 to 2000 percent. The next 1 year is very important for this digital currency
VET/USDT 43% Up from our entry and still Upward Potential#VET/USDT TA Update:-
$VET currently trading at $0.07
And went upto $0.090
#VET Gave almost 43% fromOur entry.
Hope you followed and enjoyed.
Now..?
Now Trading at support level $0.069
And If hold then we can see $0.123 Next Target.
Otherwise Good Re-Entry entry around $0.05
Support:- $0.05
Resistance:- $0.123
#VETUSDT looks prime for 350% Rally!Welcome to this quick VET/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to VET/USDT 1day chart update by CRYPTOSANDERS
As we can see at the above mentioned chart that vet/usdt currently trading inside the channel and broke the blue MA and currently facing green MA as a resistance .
So here we are expecting that vet will reject from the green MA and mov e down to green zone and bounce.
We can take entry if it moves down to green zone which will be the confirmation for long trade position.
entry:-$0.05639,$0.06803
target:-300% to 350%
stop-loss:-$0.04434
with laverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
VET Sign of Strength RallyThe VET price had been observed in a horizontal re-accumulation trading range from Jan 22, 2022 to Mar 27, 2022. The VET price exited this re-accumulation trading range with the SOS rally.
I will make a long entry at the BU/LPS event (around $0.07) and take profit around the next resistance cluster around $0.10. The upper and lower boundaries of the re-accumulation trading range are given by the horizontal black lines.
Blue arrows mark volume spikes.
Wyckoff abbreviations: automatic rally (AR), change of character (CHoCH), sign of weakness (SOW), failed upthrust (FUT), selling climax (SC), sign of strength (SOS), back up (BU), last point of supply (LPS).
This is not financial advice. I am not your financial advisor. This is my opinion.
VET/USDTesting/tracking eilliot wave theory. Please do not trade off idea without S/L, not financial advice.
Link to previous chart:
Chart is similar to Vtho.
Potential drop: 72%
Potential gain: 495%
RR: 6.79
Wave 5 target: 0.4442
To me the bottom looks like it's in, however this is crypto and anything goes. Chart is still valid if we get a drop as long as we remain above the 72% drop. We're looking for the wave (4) bottom; either it's in or we can go lower. IMO the bottom for wave 4 is in. I thought it was in long ago if you look at the previous chart. Normally wave 4 retracements are quick and aren't as long and extended as this one is.
$ VET CHANNELchannel to watch for VET
possibly a good entry for a long trade to the top of the channel
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06848).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.08002
TP2= @ 0.08815
TP3= @ 0.09610
TP4= @ 0.10308
TP5= @ 0.10834
SL= Break below S2
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Now, It's your turn!
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity inVETUSD @vechainofficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06848).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.08002
TP2= @ 0.08815
TP3= @ 0.09610
TP4= @ 0.10308
TP5= @ 0.10834
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Vechain reaches double bottom target.Could retrace a bit before reaching the purple wedge target. Double bottom neckline should maintain support but no guarantee it will correct that much. *not financial advice*
VET/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
VET is looking really good in the mid/long term. However in the short term I am kinda bearish because we have a bearish divergence in the 4H chart. BTC is also showing signs of weakness so that is a factor that can make altcoins bleed. I still believe that after we hit the support level we we will bounce. Comment what you think.
I haven't been posting lately because I am busy with IRL stuff, so I apologise for that. I don't know if I can stream tomorrow or on the next week so I am also sorry for that. I will try to be more consistent in posts next week.
VETUSDT (BULLISH)Timeframe : DAILY
TP @0.108-0.11 Confirmations
1. Fib -0.618
2. Previous Support (Will act as resistance for this uptrend move)
3. Broadening Rising Wedge Pattern Target
4. Trendline retest (this will be the fourth time and a possible breakout which will lead to a good entry)
Uptrend Confirmations :
1. RSI Oversold (which means the market can go more oversold)
2. RSI Bullish Divergence
3. Upcoming 20/50smma crossover 200 on Daily, But on 4hour timeframe the SMMAs already bullish crossover.
4. A a bounce from Major Support, be aware that this could be tested again too so have your strategy working to to know the best possible entry you can get.
5. Possible test of trendlines which will result a possible breakout too.
Entries and Stoploss (I'll let you plan this one. but if you're on spot trading, just DCA until major support)
Update 29/3/22: Thorchain (RUNE) 420% gain back to the ATH Since the 13 Ema crossed up above the 21 sma signalling a strong buy signal on the Daily, Thorchain (RUNE) has gained 250%+ from the Buy Zone @ $3.44 to the current price @ $12.29. Thorchain (RUNE) is now only 71% gain from the ATH @ $21.09.
Our current Thorchain (RUNE) price targets from the current price:
127.20% fibs @ $26.01 (111% Gain)
161.80% fibs @ $32.27 (163% Gain)
261.80% fibs @ $50.38(308% Gain)
423.60% fibs @ $79.61 (545% Gain)
LFG!!!🚀