Get started
VeChainVeChainVeChain
#35#35#35

VeChain

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

VETUSD trade ideas

Vechain(VET) Explosive Move Back To ATH & Beyond 55% to 74% GainVechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH, but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702. Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH. Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March. The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet
9
VET - Time to buy!Today the VET opened at .05038149. Through the day it traded as high as .05094479 and as low as .03408275 Like other cryptocurrencies, VET also had a big down day Bollinger Bands Looking at the Bollinger Bands for VET, you can see that VET is trading in the lower, which is considered to be a bearish sign. Stochastic This indicator is showing red line is over the blue, showing a bearish trend. MACD Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards VET by the market. There is really nothing surprising about this, but if you are a contrarian crypto buyer, today was your kind of day.
VLong
by SPY_Trader
VeChain - Prioritise AccumulationApologies if this chart seems messy to some, but i understand fully what it all means so it doesn’t confuse me when i look at it. Hopefully you all find it helpful. VeChain is very close to crossing a milestone level……. its Pitchfork Median Line on the daily chart. The Lagging Span (Chikou Span) is indicating upwards momentum. The RSI is also indicating upwards momentum in the overbought range, but being in the overbought range doesn’t mean VET will drop as the indicator can range sideways in the overbought area. We have upwards momentum but VET is still within a sideways range. The ADX DI SMA is indicating VET is in a strong uptrend with the ADX (Yellow Line) at 58.7 above its 10 Period SMA (White Line) at 47.8. The +DI (Green Line) is at 20.3 and the -DI (Red Line) is at 5.8 indicating positive momentum. The +DI has dipped a bit but its still a fair distance away from its -DI so we won’t see a negative momentum crossover anytime soon. The Bollinger Bands Lower Band is still moving upwards and the Upper and Middle Bands are also moving upwards. If you follow the ways of the Ichimoku Cloud then you can see that VET shows no sign of dropping back into the Bearish Zone anytime soon on this timeframe. My personal opinion is that VeChain is still massively undervalued! If VeChain manages to eventually cross over its Pitchfork Media Line on the daily chart and turn it into strong support then i honestly believe that VET will do what ADA did after making $0.1….. soon VET will see $1. Just like ADA before it, accumulation should be prioritised before VET gets near and over $1. I hope this is helpful. Good luck 🙏
BINANCE:VETUSDLong
by TradingThroughTheLens
6