Analysis : - Above : 0.5 fib and MA 50 (strong support) - Wait the triangle's confirmation - Wait RSI's confirmation - Risk Reward Ratio: 4.76 - Target : 0.275 - resistance (with fib retracement) : around 0.23
Vechain update: Daily & 4 HR remain bearish at the moment, but from a TA standpoint it looks like we may have found our support here. This would complete a triple bottom and indicate a reversal to the upside. Looking at he 90min chart we see Cypher B indicator in Panel 2 showing some bullish activity. Rule of thumb: -PRICE ACTION FIRST, THEN INDICATORS: at this...
VET is in a downtrend on most timeframes, large and small. The time to short was .19 .18 seems lower odds of a place to bounce. You would want more retrace, .17 or .171 seems a logical place to bounce. My take on BTC is its trading sideways bearishly, I'm seeing 48k to 46k soon. Thus the only 2 trade ideas I have is wait for .156 to .158, or play the breakout...
VERY HIGH RISK - STOP LOSS ESSENTIAL (WHEN ISNT IT ESSENTIAL??!!) VET has formed a very minor ascending triangle. Suggests potential for a minor breakout that could see a pump to around .215 BTC has broken a minor resistance and looking to close on the 4H, that candle is coming about 40mins or so after I post this idea. A good trigger to buy here may be BTC 4h...
*We will update this chart daily.* VeChain is currently (at the moment of speaking) trading at 0.188714 dollars. We just got a correction that was needed to keep the upwards movement. The correction was caused by Bitcoins correction caused by Elon Musk tweeting about not accepting Bitcoin as Tesla's payment because of the huge energy consumption when mining...
Hello everyone. For almost a month, the VET market continues to consolidate, in which market participants are trying to gain positions before the next impulse. The main question that arises for us is in which direction will this powerful impulse , which is about to begin to emerge? On the one hand, we see a powerful wave of growth, after which a shallow...
If you don't have the money, STAY OUT! ONLY ACCUMULATE HERE IF YOU CAN AFFORD TO! We are at the 50K Niagara falls cliff edge, staring down at the bottom and asking ourselves, "Is 50K now the top? Will we ever see 64k again? Is this the end of the bullrun?" Nobody has a crystal ball, I don't know what can happen here. News and sentiment is currently moving the...
Hi, New post on VeChain. ------------------------------------------------------------- FA = TOP WALMART CHINA launched the 'Walmart China Blockchain Traceability Platform'. Running on VeChain, over 50 different product lines are tracked using IoT and blockchain from source to the retail stores (source). BMW already uses Vechain for their 'BMW Startup Garage...
Todays trade is VERY HIGH RISK I see a trend line here that is prime for being broken. Todays trade is short term, in and out, likely to fail. You are betting on BTC ranging and trending upwards to 58k in the next 4 to 8 hours. Also betting on VET slightly overreacting to any BTC bullishness. In this recent uptrend I don't think VET has been particularly...
If the volume pumps up after the doge and ETH, i think ETH is going back to 3500/3700 and after that goes to 5500 Cardano and vechain should be the one who gets the next pump! pretty bullish about this one. I really like opinios from the rest of you, i dont mind if you think i am wrong i just want you to show what i think!!! please comment what you think!!
VeChain Update: At the moment of typing this, VET is fighting to stay above its Ichimoku Cloud Conversion Line (Tenkan Sen). The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is still sideways. Remember that sideways ranging is done within a range and not at a constant level. The Ichimoku Cloud Base Line (Kijun Sen) is indicating...
Vechain is one of the projects I really believe in, this one will change the entire supply chain system around the world. It ensures product quality, which is something that most of businesses need, like 99.9%. Dollar cost averaging into this one is the best Long Term Investment.
VET is still above its downtrend line and is supported on this trend line. The short-term target will be 0.25 and 0.28.
Previous post about VET long didn’t happen. BTC dropped, taking market with it, and dropping vet into a new fib channel. Luckily, vet bounced off previous resistance of .185, but we need to see it get over that 20 ema line if it wants to continue upward. Bearish until we can get over that hump.
Updated VeChain chart shows price bounced off support. Can it go higher? the FXPROFESSOR
Yesterday I mentioned accumulation as a possible strategy. I think that applies again today. The problem with entries here is the reality of getting it in my green buy zone is, its likely VET doesn't slowly get there, or even accurately hits that zone. If VET gets to that buy zone it will be because BTC dumps, if BTC dumps, its coming down 51k to 53k before...
VET made a nice correction yesterday along with the rest of the market, we can see here on the daily timeframe we have fell to the lower support of this ascending trendline this is a nice low opportunity to buy. We are waiting for confirmations on lower timeframes before possibly taking this long position