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VETUSDT

VET (VeChain): Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. Trend traders: wait for such a breakout. Swing traders can trade the channel, enter near channel support trendline and exit near channel resistance trendline of $0.27. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.02, then $0.015. Nearest Resistance Zone is $0.024, then $0.027.
Long
by altFINS
1
VeChain green area to refill your bag before the alt seasonVeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked. However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am quite frustrated by all this nonsense, woke socialist ideas. We are here to make money and create new tools in a new industry; who cares if it emits carbon or not? The whole climate change vs. crypto debate is highly hypocritical and political. This is a red flag for me, so I do not invest in this coin. However, some friends and people I respect in the crypto community are all over this project, so here is my entry point. VeChain is still in consolidation and has not reached the bottom of it. It will likely continue to go down, and a good price to hold for the upcoming altseason is 0.023-0.025. Ideally, 0.020 would be perfect, but I am not sure if that opportunity will come again. Anyway, this coin will probably do x2-x5 in the next few months, so it's not a bad deal compared to what banks can offer for your money. DYOR.
Long
by CryptoNikkoid
3
Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next. 💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support. 💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout. 💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook. 💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move. 💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move. Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
VETUSDTAs shown in the picture, the V-Chain factor was in a very deep correction from March 2021 to today. June 26, 2024, and then the price took off from the 0.012 levels with five very clear impulse waves. To the 0.05 levels and then. Then it made a correct triple ABC, as shown in the picture. And the fourth wave test returned, which forms a very strong support. With this currency? In light of this data, we entered the purchase of this currency from 0.02 by targeting the previous peak at 0.05, and by breaking it, the targets may extend to 0.09. From there, we may target 0.11 cents for this currency. Good luck to everyone, and if you have any questions, do not forget to leave them in the comments.
Long
by Abdelmalak
VETUSDT : VeChain Breaks Out of Descending Trendline VeChain is currently at a critical point, showing signs of potential upward movement and a strong support base. The chart indicates a recent upward trend following a prolonged decline. Resistances and Support: Resistance I: Around $0.02850, where the price might face difficulties breaking through. Resistance II: Near $0.03355. Support: Located at $0.02037, an important level that could hold the price in case of a decline. The Stochastic RSI shows that VET is currently in an overbought zone, which could indicate a possible short-term correction. Fibonacci levels suggest potential areas of support and resistance. The 0.618 level at $0.04772 is particularly important for the continuation of the upward trend. VeChain has stood out with strategic partnerships including companies like BMW, Walmart China, and major telecommunications operators such as AT&T, T-Mobile, and Verizon. These partnerships are focused on areas such as supply chain tracking, food safety, and preparation for 5G networks (Crypto News Flash). Recently, analysts predicted significant upside potential for VET, with estimates that the price could reach $1.80 by October 2024, based on detailed Fibonacci analysis and other technical indicators. VeChain has also launched important technological products such as the VeWorld Mobile wallet and the VORJ digital asset platform, promoting the adoption of Web3 technology
Long
by ferulianov
VET/USDT in Weekly Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: VET is holding decent support at the current price level. The formation of a symmetrical triangle pattern in this weekly chart shows a nice breakout and retest. Key Observation: ~ Initial Support: $0.023. ~ Lower Support: $0.015. ~ Resistance: 50EMA at $0.0324. ~ Invalidation Point: Breakdown below $0.015. DYOR.NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
Is #VETUSDT Poised for a Major Breakout or a Steep Drop? Yello, Paradisers! Have you set your sights on #VETUSDT yet? 💎We've observed that #VeChain (VET) is testing a key resistance level $0.02686. If it manages to break above this resistance, there's a high probability of a bullish move. Recently, #VET has been following a descending resistance trajectory, and the recent break above indicates a potential upward trend. With the current bullish sentiment, if the price can sustain and the bulls remain in power, we can expect a move targeting levels above the strong resistance zone. 💎But what if #VET faces a strong rejection from the internal resistance at $0.02686 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543. 💎During this phase, many crypto noobs might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
VET - Falling wedge - Waiting on Breakout#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout occurs. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.03653 Stop Loss: 0.02987 ------------------------------ Target 1: 0.03959 Target 2: 0.04374 Target 3: 0.04893 Target 4: 0.05911 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
VET - 900% Potential in the bull run, get ready now. #VET/USDT #Analysis Description --------------------------------------------------------------- + VET has reached the support trendline and price is expected to consolidate in this area. + Once the price reaches this are, i'm expecting it to bounce back, this gives us good opportunity for a trade with huge profit potential. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.021038 - 0.025285 Stop Loss: 0.017169 ------------------------------ Target 1: 0.033475 Target 2: 0.049533 Target 3: 0.060345 Target 4: 0.083920 Target 5: 0.118305 Target 6: 0.181948 Target 7: 0.246760 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Where is the end of VET correction?Warning: This is a setup for buy/long, not sell/short. From where we put the red arrow on the chart, the VET correction has started. It seems that the VET correction is a triangle or diametric that we are now in wave D of this correction. Wave D looks like a diametric that we are in the final wave of this diametric. The green range is a strong support range on which we look for buy/long positions. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2