. There is a possibility of temporary retracement to suggested support line (0.0000009). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. VETBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Did you get to see my XVGBTC trade idea with the classic ABC Correction?
We are very likely to have a similar scenario develop for VeChain (VETBTC).
This is not the only possible scenario of course but it is the most common one.
After a strong bullish wave, it is completely normal to have a strong correction before any additional growth is printed on the...
Hi every one
As you can see, the price is in the ascending triangle and that's a good thing
If the triangle resistance line is broken, the price goes up.
Remember that Trend is our friend and we have to hold his hand and go with it .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
Buying around 0.00000093 - 0.00000085
1 - 0.00000107
2 - 0.00000124
3 - 0.00000139
Fixing below 0.00000080, the price will probably turn into accumulation
✅ f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
If VET can closes above 102 in the weekly chart. then we will have a bullish harami candlestick pattern which is a reversal pattern appearing at the bottom of a downtrend.
Please like and share my idea.
VET Very Much OverSold!
Definitely A Shakeout, Playing Around The 200MA
Potential Spring Incoming. We Are Nearing The End Of Accumulation Phase.
An Opportunity To Buy Back At These Levels. Breaking Point Level Indicated
LET ME KNOW WHAT YOU THINK! 🧐
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND...
quick VET/BTC pairing review
Looks like a falling wedge pattern with 5 corrective waves formed on Daily and possible C&H on higher timeframe (Weekly) is forming as seen below from previous analysis.
Once VET will close Daily aboove 140 then I would consider it a smart and save long...
I posted a few days later my idea when vechain is
I expected it to drop in the demand zone shown in chart between 95-108sat
That what happened as i expected
See here my previous idea
Now it shows consolidation in that area
Which is a good potential for next move
💎Technical Analysis Summary💎
-VeChain is testing the previous Key Support area
-This current zone is a confluence of Resistance>Suppport
-If VET can break above and consolidate
-That would be a Bullish sign of strength
-But a fail attempt will lead to further downside action
-So please always plan your trade
A big Thanks for donating 💰...