After breaking through the horizontal channel that existed for about 7 months, the coin formed a downtrend that has existed for more than 3 months. A falling wedge that could become a reversal pattern. The first target on the figure + 60%. Further on the situation, the price on the pump can reach the previous support of the horizontal channel which has now...
- Vechain In Downtrend Since 2 April & Now Looks Like Bottomed Out.
- MACD & RSI Both Are Turning Bullish.
- Now I think Its Opportunity For Midterm Accumulation .
- I'm Expecting 120% Profit For Midterm.
Buy Around 40 - 45 Sats
Sell Targets 82 - 105 Sats
Stop Loss According to Your Risk.
Hold Timeframe : 3-4 Weeks
Please, give us your...
Vechain has made more progress in the past two years than most other alts combined. You really think it's going to zero?!
We've got a clear falling wedge on the daily with a bull div on the volume oscillator.
Not to mention the $25m open market buyback that's only 2% completed so far.
I'm longing this. Countertrade the green dude at your own peril.
Depending on BTC behavior, VET may breakout descending trendline on day timeframe soon. Safe buy zone should be around 41-43, although fomo push for higher entry at 44. Possible targets 49 - 51 - 55.
P.S. All that unless BTC pump above 12000.
VeChain is entering a BUY zone at $0.0045. SELL when price rises to $0.00052.
Have any questions? Leave a comment down below.
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I've seen many people trying to catch the knife with VET, while bitcoin is still on a bull run and will keep that way at least till 11.5-12k, so im not gonna touch this. Price was not capable of moving back to the main range at 100 sats, pullbacked twice and moved down showing big weakness. Main objective for this downmove based in fibonnaci projection is at 40...
One of the biggest casualties of this bear market in this recently cycles with Bitcoin moving up since April.
Vechain is a good option again for the long-term with it's product however be mindful that Bitcoin is a big controller in this market.
Possible huge gains when this does turn around, wait for possible entry on a confirmed turn over the EMA34.
Vechain is slowly building momentum upward. It is one of the crypto project with very strong fundamentals behind it and with the recent onboarding of Walmart china, i expect very good things to come for Vechain. Had a good bounce at 5006sats. I've establish 3 profit taking level at 7080sats, 8900sats and finally 10710sats.
Vechain has a brilliant product and FA but struggled in the recent year. Can it push on within an alt season.
A lot of alt-coins are showing signs of support but Vechain looks to be in a good position.
I already wrote a long explanation about this pattern but it somehow disappeared.
I'm monitoring $VET and noticing price suppression, expecting a bounce from the green box in the chart.
Yesterdays price action however reminded me of the Wolfe Pattern. It was forming a falling wedge but the dump yesterday made a move outside of the pattern which...
I've been following $VET since October 2017 and not worried about current correction. Green box in the chart is the area where I expect a bounce.
Current price pattern looks like a falling wedge (reversal pattern).
Yesterdays dump however reminded me of a different pattern,when I saw price dropping a bit out of the pattern: the Wolfe Pattern......
I received multiple messages about VeChain (VETBTC), showing that there is good interest in this altcoin pair/project. So allow me to read the charts for you, I am hoping that you are entertained and learn something from this content... Let's get started!
VeChain (VETBTC) Chart Analysis by Alan Masters
Let's start by taking a closer look at the VeChain chart:...