VeChain, can be summed up by Two words Supply Chain. The fundamentals behind the blockchain can be a solution for industry logistics. VeChain enables the participants to record the core data arising from transportation. The data collected will be stored on the VeChainThor Blockchain, thus making it possible to create new logistics and business models. Therefore...
This level has been a consistent inflection point in the past so not surprised to see market reacting to this level again. Part of me thinks it will hold but only time and the market will tell.
Since the publication of the previous idea , the price made good +60%. Also, the VETUSDT price tested the past historical high for strength. At this stage, it is more likely that it need to make another rollback down before updating the high. The liquidity zone of $0.0155-0.0175 will act as a magnet for correction. In previous ideas, we wrote that the...
At the moment of typing this, if we look at the Daily Chart, VET has recovered from its correction that it had after making a new ATH on the 6th Jan. VET is at the upper band of its Bollinger Bands and has found strong resistance there. If VET makes it to a new ATH over the next week or so, we will be in uncharted territory. If VET fails to get above its previous...
Here is an overview of vechain's upward movement. We have a more detailed analysis in daily candles.
We can see how Vechain has broken the accumulation area, has looked for the bearish divergence and has made a first try to look for new highs. What are we looking for now? We are looking for an incorporation if the price returns to the divergence again. If the price continues with the uptrend we will look to incorporate later in a new continuation pattern.
Has been ranging for the past 2 weeks but last week closed above 0.0265 (barely) which I think is a key historical level (former highest weekly close for $VET). Market traded back below this level this week which indicated a possible false break but it seems the bulls may yet save the week for VeChain and, with just a couple of hours till weekly close, we may see...
Breaking that key 0.0265 level is pretty significant IMO. While we still need to wait for a HTF close (e.g. daily close) to confirm, something tells me the bulls have momentum on their side and we may see further breaks of resistances in the near term. Current resistance is a trend line resistance drawn from the 06-JAN-2021 HIGH.
Hi friends hope you are well, and welcome to the new update on VeChain coin. On the 2-hour chart, the price action of the VET is completing the final leg of bullish Gartley and soon it will be entered in the potential reversal zone. Buying and sell ranges: The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci...
Hi friends, hope you are well and welcome to the new update on Vechain. Another resistance has been broken out: In the previous article, we have seen that the price action of Vechain was expected to breakout the resistance of $0.021. Now finally, the price action has broken out this resistance and now trying to break out the next resistance at $0.026. The...
Possible incoming dip after getting rejected by resistance. Then regaining strength and riding the trendline upwards again.
Trading suggestion: ". Buy on Neckline Breakup." ---------------------------------------------------------------------- 308% pips profit... Total Profit: 308% Closed trade(s): 162% Profit Open trade(s): 146% Profit Update Details: Closed Profit: TP1 @ 0.012550 touched at 11.17.2020 with 25% Profit. TP2 @ 0.015250 touched at 11.23.2020 with 52%...
3-day chart looking really clean and clear on what it wants to do next. Sellers may be close to giving up and we may see a stronger move up. A daily & weekly close above said level should herald bullish things in the near term.
Hi friends, hope you are well and welcome to the new update on Vechain. More than 74% rally: In my previous article, I said that the VET has completed the bullish setup for the breakout and I was expecting up to 60% rally. Finally, the pricelline of VET broke out the resistance of wedge and rallied more than 74%. Different support and resistance levels: ...
VETUSDT is looking good. It is still cheap and rising slowly. Good time to stack up and patiently wait for another altcoin season. What your thoughts? #vechain #vet #btc #bitcoin #altcoin #crypto #crytocurrency
This 3-day chart is providing some clarity on what could happen next for this coin. 0.0143 has been holding like a champ as support but price has been trapped within this level and resistance 0.0174 which is the highest monthly close since the low of 2020. I have been harping about these levels and heralding breakouts that have not happened but I am sticking to...
This triangle pattern speaks by itself. 2021 would be good for this coin.
Looks like 0.0143 is holding so far. If it holds on a daily and weekly basis, we could see the market ranging between 0.014 and 0.017 for a bit before deciding on a direction.