VETBTC has been trading in this Bullish Deep Gartley PCZ area for many weeks now and is currently Bullishly Diverging just below the 1.618-0.886 PCZ Confluence Zone and if this divergence can bring VET back within the zone then I would be looking for it to trade up to four or five thousand sats.
VET is still moving downward but this inverted H&S provides a possibility for reversal. We are now experiencing what I would call the right shoulder which is a bullish phase. Lets see if the bulls can take it.
Introduction: Greetings to all cryptocurrency enthusiasts and investors. Today, we bring our attention to VeChain (VET). As we delve into the latest technical indicators, our focus is on the Accumulation/Distribution (A/D) indicator. However, we are also keeping an eye on the TRIX indicator, which from our previous analysis, we are waiting to cross the zero line...
VET | VeChain breaking out of a descending wedge VET is showing all the signs of a strong bullish move up with a breakout of a descending wedge, along with a divergence whilst being oversold | Descending Wedge Breakout | Untested Weekly Pivot | CVD Trendline Breakout | Longterm Support | Bullish Divergence + Oversold
Looking forward the bull run i think VET can get his ATH again. Time to buy and forget.
Hello, thank you for taking the time to read through my post. I would like to discuss here some technical ideas related to VeChain. As you already know, VeChain is gradually forming a bottom. This floor is in the form of a Classic Price Pattern called "Inverted Head and Shoulders". This pattern is often found at important reversal points and is therefore a sign...
VET is on a nice cup and handle pattern. Needs to break out from the neckline.
My mid-long term goals for #VeChain NYSE:VET 🫣 The #vet chart can leave a good profit in the long run. It is not investment advice.
VET broke its down trend line on weekly time frame, Price reacted to 0.66 Fib level and based on EMA20, Major trend reversal approved. Targets are marked on chart, There might be a second entry as BTC pair is still going down. However, its currently facing a support level. I will update second entry based on market momentum. Lets See
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VET/USDT (LONG) Outlook Break the symmetrical triangle pattern and already retest. potential continue upward movement Invalid daily close below 0.02230
Without volume we could see a continuation of sideways price action within our triangle. As we near the end of the pattern $Vet looks like it’s in a good position to reclaim a new daily high if we close out above our 0.5 fib line. We’ve touched our retracement levels and if we can confirm these signals for a local bottom we’ll see a continuation pattern moving into April.
I think VET from now will start to outperform BTC. VET It's now touching support on BTC pair chart...and I think it could be a great time to switch some BTC to VET to earn BTC :) - Non financial advice.
price confluence trading, trend analysis, beyond technical analysis
There is a double resistance at the current level and VET can't break it for so many hours trying. I have opened a short positionn over here and set a TP at 0.0226, 0.0220 ...... ! Let's see what happens ahead. Any good or bad news can ruin the idea. Trade at your own risk.
Buying at the failure of this range is allowed, the target is specific
Buying at the failure of this range is allowed, the target is specific
VeChain broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 0.0195 is possible.