Vechain network is planning to have an upgrade to its mainnet (POA2) on Nov.16 - and with this chart where we can see a S/R flip of a weekly level. A daily candle retesting the level at 0.155 which sign a possible long opportunity !
$VET is currently in an uptrend on the daily timeframe and approaching resistance at $0.155 cents. VeChain is in an ascending triangle which is a bullish chart pattern. I am LONG expecting $VET to breakout of this resistance and flip it into support before continuing towards ATH of $0.28 cents. Should this pattern breakdown $VET will look for support at $0.12...
Price holding demand on weekly time. We have fundamental coming out today if the break out happens then it will continue its Daily bullish structure & move to make new ATH
Update on symmetrical triangle: Two days ago we saw the entire crypto market fall. Vechain came back into the symmetrical triangle, tested 200MA but luckily successfully bounced off 200MA and broke the triangle again. So far, everything seems fine and this pattern still looks valid. To be completely sure in this trade I want the price to exceed the previous high -...
Vechain broke through the symmetrical triangle and 200MA. Let's wait for the end of the day to see if VET will close daily candle above symmetrical triangle and 200MA.
- Vechain successfully broke through 200MA, - successfully broke through the symmetrical triangle, - successfully tested the support line and continued to rise. This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I...
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...
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...
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...
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...
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...
As my analysis shows above there will be an uptrend to approximately 0.12 target in short term used from fib extension inficator . *But we have to notice for bitcoin uptrend.
$VET is still hugging the 200D ema, once it breaks expect fireworks. Zwijberg has a very bullish outlook for $VET.
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
$VET is looking like a solid long. Broke out and retested the trendline. Can wait for confirmation aboven $0,0685.
We want to see a flip of the 200D EMA (white line) before going long. Long term we are very bullish on VeChain.
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...
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.