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VETUSDT

VeChain (VET) Technical Analysis: A/D IndicatorIntroduction: Greetings to all cryptocurrency enthusiasts and investors. Today, we bring our attention to VeChain (VET). As we delve into the latest technical indicators, our focus is on the Accumulation/Distribution (A/D) indicator. However, we are also keeping an eye on the TRIX indicator, which from our previous analysis, we are waiting to cross the zero line to potentially confirm a price pattern. Accumulation/Distribution (A/D) Indicator: The A/D indicator is a volume-based tool used by traders to identify divergences between the asset's price and volume flow. This helps to determine potential buying or selling pressure. VeChain Analysis: Our attention is drawn to VeChain’s A/D indicator which suggests an ongoing accumulation phase and a bullish divergence. This is a potentially positive sign, as accumulation often precedes upward price momentum. Despite VeChain's current sideways or choppy price trend, the A/D indicator shows us that a substantial number of coins are being accumulated in this range. When we view this accumulation phase in the context of the prevailing choppy trend, it aligns perfectly with the A/D indicator’s signals. In such scenarios, the A/D line tends to increase when the security is being accumulated, even if the price movement remains relatively flat. Conclusion: In summary, the A/D indicator for VeChain suggests a period of accumulation which could signal an upcoming bullish phase. As we continue to monitor the TRIX indicator for a potential zero line crossing, this could provide further confirmation for our analysis. However, it's crucial to remember that indicators should not be used in isolation, but in conjunction with other technical analysis tools and fundamental analysis. Always ensure your trading decisions align with your overall investment strategy. Please note that this analysis does not constitute financial advice. Always conduct your own research before making any investment decisions. If you found this analysis insightful, please like, share, and follow for more updates. Stay tuned for more technical analysis of various cryptocurrencies. Best regards, Karim Subhieh
by KarimSubhieh
VeChain (VET) Cryptocurrency Short | Swing Trade | 20% DownsideThe Price has closed below the daily support on 8 May and has also retested the broken. support as new resistance. A Short can be initiated at Current market price. This is a SWING TRADE Entry- 0.0194 Stop Loss- 0.0204 Although if daily candle closes back above the broken support, then exit the trade and no need to wait for stop loss to hit Target- Final target is 0.0156 but keep booking profits in between and trail you stop losses Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
Short
by rohitkukreja
Whether it can rise above 0.02914 is keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ** Analysis of the BTC chart publishes new ideas once a week. ** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations. ** Excluding the above situation, BTC analysis is listed as a daily update. ------------------------------------- (VETUSDT chart) From a long-term perspective, a full-fledged uptrend is expected to begin when the price moves above 0.04757. To do so, the key is whether it can be supported in the 0.02236-0.02519 section and rise above 0.02914. If not, you should check for support around 0.01875. Therefore, the possibility of a trend forming away from the current zone, the 0.02236-0.02519 zone, is increasing. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
1
VET aiming highVechain is a prime example of why blockchain technology should be appraised rather than shunned, even the US government agrees that blockchain technology has big use cases in this current world. the devs over at Vechain are trying to solve real-world issues. one article I recently read stated that they will try to integrate blockchain technology into an outdated system that is the global shipping chain, in a 14 trillion dollar market. with bibles of paperwork needed to get filled out in order to get a shipping container out of port and into another country. if the shipping companies would integrate this tech it would mean they would have a foolproof ledger system keeping track of all the shipping history and for the environment, no more paper. only time will tell if this will get integrated with the current structure. Due to the current crypto regulation scrutiny, it will be hard to get a foot in the door. but if they do manage to persuade the transition we will probably see Vechain at the top in the crypto space. China where Vechain has its roots is gradually opening up its doors to crypto, the talks surrounding hong kong as the new crypto capital might light some hope for this potential project
Long
by le_kim91
1
VeChain (VET) formed big bullish Gartley for upto 39% pumpHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin with US Dollar pair. Previously I shared a long-term trade setup for VET, which is still in play as below: Now on a daily time frame, VET has formed a bullish Gartley move for another price reversal. (due to extreme sell-off, priceline broke down the potential reversal zone and it was likely to behave like a bullish Butterfly move, but recovered soon, and still it can behave like a bullish Gartley ) Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
VETCHAIN: $VET UPSIDE DISTRIBUTION? 🔔$VET has been trading in this range since weeks, there was some upside momentum because of partnership announcements but not enough for a breakout of this box. I personally prefer these accumulation phases because it helps me get in with an accurate calculated risk, my SL is few % below the box and TP is partially set at every 20% rise. This is my risk management method and everyone has his own way. I will keep updating this in here, make sure you follow me to get price movement alerts!
Long
by dogofallstreets
3
VET potential is HUGEVechain (VET), a leading enterprise-focused blockchain platform, has recently displayed significant bullish momentum as it crosses the crucial 200-day Exponential Moving Average (EMA) line. This key technical indicator is a vital sign for many traders and investors, as it often signals a potential shift in the market trend. Additionally, the Supertrend, a popular trend-following indicator, is on the verge of turning green, further reinforcing the positive outlook for VET. These confluence factors suggest that VET may be entering a new growth phase, presenting an opportune moment for those looking to capitalize on its potential upside. As always, investors are advised to conduct thorough research and consider their risk tolerance before making any investment decisions.
Long
by PlanZ_Crypto
VECHAIN - Important Update!From looking at Vechain on a log chart, we can see that we're still within the ABC correction. in every ABC correction, C wave is almost always 5 waves, which follows the impulsive schematic. We are now in wave 5 and we're expecting to see 5 clear waves down. An important thing to note is that in Elliott waves , wave 3 can never be the shortest. At the moment, wave 1 is longer than wave 3. Therefore it is highly likely that wave 5 will be shorter than wave 3. This gives us a clear zone to look at for LONG orders. Trade Idea: - For experienced traders, count 5 waves down for wave 5 and enter on the breakout of the 5th wave - For less experienced traders, watch for 5 waves down and draw a descending trendline and enter on break of trendline - Targets: 0.1, 0.23, HODL the rest and manually close Goodluck and as always, trade safe!
by WicktatorFX
4