VET/USDT Ready to continue Upward Movement?? VET Analysis Today💎 VET has been a notable focus in the financial market, recently achieving a breakthrough by surpassing a significant resistance area, marked by a strong green candle. Following this breakout, VET has entered a valid retesting phase at what was previously a key resistance, now acting as support. This development indicates a probability for continued upward movement, with our next target being the Bearish OB area.
💎 However, should VET struggle to achieve new highs and sustain its upward trajectory, it might retreat back to retest the support level around $0.0345 in an attempt to gather new momentum. If, during this retesting phase, VET fails to demonstrate a strong bounce or bullish candle confirmation, there’s a risk that it could lose this support level, leading it back towards the lower demand area of $0.0265.
💎 The $0.0265 demand area becomes crucial in this scenario. For VET to resume its upward journey, a strong rebound from this level is necessary, aiming to reclaim and sustain above the resistance level. Conversely, if VET shows a lack of strong response at this demand level, indicating a potential breakdown, it could signal a shift to a bearish trend, possibly leading VET towards a stronger support area.
VETUSDT
VET ANALYSIS (BREAKOUT)🔮 #VET Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Symmetrical Triangle Pattern in #VET and trying to retests the level. It's a 4D time frame breakout and we will see more higher price in long-term. If the price perfectly retest the major resistance area then there will be a confirmation of bullish movement in #VET 📈📈
💸Current Price -- $0.04550
📈Target Price -- $0.08494
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#VET #Cryptocurrency #Breakout #DYOR
VET/USDT descending channel upward move? 👀 🚀
💎Paradisers! Our focus shifts to #VETUSDT as it navigates a descending channel, now nearing channel resistance with a strong bullish outlook.
💎 Throughout its path, $VeChain has been tracking along a descending channel but is currently setting its sights on the supply level at $0.05438. A breakthrough above the channel resistance and subsequent maintenance of upward momentum could herald a bullish journey towards the $0.05438 supply level. Surpassing this supply could open the doors to targeting even higher major supply zones.
💎 For the astute traders among us, should the upward trajectory begin to lose steam, keep an eye out for a potential bullish resurgence from the support level at $0.03812. Falling beneath this mark could indicate a transition towards bearish conditions.
VETUSDT ANALYSIS As a novice in the realm of analysis, I've recently delved into analyzing VETUSDT using Fibonacci retracement levels on the weekly timeframe. My approach involves identifying key resistance levels and setting targets accordingly.
Given my beginner status in analysis, I am eager to receive your insights and feedback on my method and conclusions. Additionally, I would greatly appreciate any guidance or suggestions you could offer to help refine my approach.
Thank you for taking the time to consider my analysis and share your expertise. Your feedback will play a crucial role in my growth as a trader.
Warm regards,
VETUSDT.1DBased on the provided market data, the VET/USDT pair is currently trading at a price of 0.042 USDT. The 4-hour chart indicators show that the relative strength index (RSI) is at 41.24, which suggests that the cryptocurrency is neither overbought nor oversold. The moving average convergence divergence (MACD) is at 0.00010, indicating a relatively balanced market with no clear signs of a bullish or bearish trend.
The Bollinger Bands (BB) on the 4-hour chart is at 0.046, indicating moderate price volatility. The support levels on the 4-hour chart are at 0.039, 0.038, and 0.035 USDT, while the resistance levels are at 0.044, 0.048, and 0.050 USDT.
On the daily chart, the RSI is at 68.61, which is approaching overbought territory, suggesting that a price correction might occur in the near term. The MACD is at 0.0043, which shows a slightly bullish market. The BB is at 0.04852, indicating moderate price volatility. The support levels on the daily chart are at 0.038, 0.034, and 0.032 USDT, while the resistance levels are at 0.046, 0.051, and 0.055 USDT.
On the 7-day chart, the RSI is at 79.04, which is in the overbought territory, suggesting a possible price correction in the future. The MACD is at 0.0045, which shows a bullish market. The BB is at 0.04853, indicating moderate price volatility. The support levels on the 7-day chart are at 0.033, 0.026, and 0.020 USDT, while the resistance levels are at 0.074, 0.081, and 0.088 USDT.
In conclusion, the market data suggests that the VET/USDT pair is currently in a balanced state with a slight bullish bias, especially in the long-term (7-day) perspective. However, the relatively high RSI on the daily and 7-day charts suggests that a price correction might occur in the near term. As always, it's important to consider other factors and conduct further research before making any investment decisions.
VET 2 scenariosI think at this point there is one of 2 scenarios:
1- Its either just a correction in the upward trend and you can see the green arrow to where it would lead.
2- It became a downward trend which will follow the red arrow.
This all depends on how it will react to the Fibonacci resistance levels.
#VET/USDT#VET
The price is moving in a downward channel and sticking to it well
The price is expected to remain within it for some correction to the support level at 0.02400
The price is below moving average 100, so we have some correction to the support level
Entry price is 0.02400.
First target 0.02684
Second target 0.02940
Third goal 0.03212
Fourth goal 0.023461
At the beginning of a big move, but wait, the accident is lurkinThis currency is ready to grow by 130% after breaking its important resistance range. This failure can be fake, so it is better to keep an eye on this currency and if it breaks the previous peak and stabilizes it, we can have a safe entry.
VETUSDT.1DBased on the given market data, the current price of VET (VeChain) against USDT (Tether) is at 0.031. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 69.98, 63.0, and 66.22 respectively, which are near to the overbought territory (RSI of 70 and above). This might suggest that there could be a potential price pullback in the short term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are positive, indicating a bullish market sentiment. The price is at the Bollinger Bands (BB) middle line for both 4 hours and 1 day, suggesting the market is in a neutral state.
The support levels are at 0.030, 0.028, and 0.027 for 4 hours; 0.028, 0.027, and 0.024 for 1 day; and 0.027, 0.021, and 0.014 for 7 days. Meanwhile, the resistance levels are at 0.031, 0.032, and 0.035 for 4 hours; 0.032, 0.034, and 0.036 for 1 day; and 0.032, 0.039, and 0.044 for 7 days.
In my opinion, although the RSI is nearing overbought levels, the positive MACD indicates bullish sentiment. However, traders should watch out for the resistance and support levels and also the RSI for any potential price reversals. As always, it is recommended to use these technical indicators in conjunction with other information and not rely solely on them for trading decisions.
vechain getting ready for 3 to 4x bullish rally seems like has already bottomed out and preparing for solid recovery in coming weeks
Over All Consolidating In Symmetrical Triangle & Recently Breaks Range In Lower Tf Now Approaching Towards Multi Year Trend Line & Expecting Breakout Incase Of Successful Breakout Expecting Massive Recovery In Midterm Expecting 3-4x Bullish Rally
VET ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart. We also specified the invalidation level. Closing a daily candle above this 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
VECHAIN - Massive Drop Inbound!In our last analysis we identified that we were in wave 4 correction and were looking for one more move lower.
We successfully remained below the wave 4 invalidation level, making our current scenario valid.
We are expecting price to move lower to 0.013 to complete subwave 5 of wave C.
Trade Idea:
- look for shorting opportunities with stops above the wave 4 invalidation level (stops above 0.04)
- Target: 0.013 and then taper as we move lower
Goodluck and trade safe!
it's time to going down for VETUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 0.03010
Target2: 0.02964
Target3(Final Target): 0.02889
Stoploss: 0.03184
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Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
🐮💹🚀 Vet/Usdt Trading Idea 🚀💹🐮
Vet/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥.
Remember, this analysis is not financial advice ❌📉. Always conduct your own research (DYOR) and make informed decisions. Happy trading! 💪💰📊
🚀 VeChain Analysis: Navigating the Waves 📈VeChain (VET-USD) is showing promise on the 4-hour chart. We are currently in an upward 5-wave structure, specifically in Wave 4. Waves 1 and 2 were completed on September 11, 2023. Following a strong surge for Wave 3, we've observed a recent pullback since the end of last year for Wave 4. I anticipate this wave to find support between 38.2% and 50%. Subsequently, Wave 5 could propel us to possibly reach $0.055 USD. I'll keep you updated as the situation evolves. The Bitcoin spot ETF decision in three days will likely be crucial. 🔍🚀
#VET/USDT LONG#VET
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
Price Now 0.02571
First Goal 0.03265
Second Goal 0.03969
Representing 170% of the current price
You must pay attention to the rebound points to be used.
🚀VeChain (VET) Re-Accumulation Potential and Range Confirmation
#VET rallied +43% to Range High, confirmed to remain inside the range with new Monthly Close.
Potential re-accumulation range above major white breakout structure.
Possible move to tag Range Low as support for affirmation. 🚀📈
#VeChain #CryptoAnalysis