Vechain has been fighting some heavy resistance at the 23.60% Fibonacci level. From here we were expecting a clear break above this level but since the september crash, Vechain has been consolidating around the 23.60% Fibs and now looks like it is ready to break above this level. Simultaneously, looking at the moving averages, VET looks poised for a big move on...
History doesn't repeat but it rhymes.
Mark Twain once said this, and even though he was probably not talking about charts and price movements in particular, the statement is true. Because what he meant then are human behavior patterns and human behavior patterns are reflected in price movements.
Now to business.
Have a look on the chart an let us compare the...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
The unstable situation in the cryptocurrency market , a sharp change in investor sentiment and fear of the continuation of a total fall in prices motivated us to update our global forecast for the Vechain coin . We remember that in a completely opposite situation on the market, when everyone believed exclusively in the continuation of the cryptocurrency market...
Coming from a support level of 0.08142, Vechain has consistently showed an uptrend, setting new price standards for the asset. Although, sellers were seen to have a higher sentiment as the asset set for a little downtrend from the 0.123 price point.
Vechain gain a new support level at 0.10066 which is the new support level where VeChain is set for another bull...
VET 4H TF:
At 0.5 fib level bounce off , this is interesting, however, the 0.618 is the golden pocket here
It rejected it once and seems like it is trying again.
if we go over 0.12126, we can establish strong support and up from there.
However, with BTCDOM rising, liquidity is currently moving to BTC so i wouldn't count on a pump right now unless btc retraces...
Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28. Vechain has tested the 200SMA and broke above showing strong signs of bullish momentum. There is potential 220% Gain from Buy Zone @ 23.60% Fibs to the ATH @ $0.28. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20...
A scythe structure on VeChain
These usually result (from my experience) in bullish continuation
As we can already see a breakout is occurring from the also triple bottom on the Fibonacci circle
The bars pattern in green is what we can likely expect from price action in coming weeks
Vechain is showing a good support for now but it's a little late to open long positions since it's getting rejected by a strong resistance.
Wait for the market to become a bit stable, because as far as we know the market might crash again tonight.
Vechain(VET) Update: Test and Break above 200SMA, potential 150% Gain from Buy Zone @ 23.60% Fibs ($0.13) to the 127.20% Fibonacci level at $0.33. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below
Vechain(VET) Update 27/04/21:...
Vechain has been in a bit of a cooloff and bullflag since our huge run up, we had a false breakout of the bull flag and we are approaching the bottom also the 0.5 FIB level. I would like to see VET hold this level for our daily close tonight and start to push back up, as you know BTC will drag everything down but once BTC starts to settle ALTs are going to...