Analysis on vet against tether
Good and simple chart
Buy the break/ retest
Sell area is also shown in fib resistances
*** strong support around 0.010500 - 0.011225
Daily close below that level
then this idea is invalidated
Want to see my analysis on vet against btc
I posted it last week
Look here at the chart
-VeChain is back at the previous key resistance area before the strong pump last July
-It is traveling inside a Bullish descending channel from the Top price
-Also, retesting the recent support last 1st week of September
-This can be a potential Double bottom reversal if we can confirm an upside breakout
-Until this channel remains valid, I...
VET/BTC very bullish. After nice breakout from descending triangle formation that lasted awhile VET is still looking really bullish. It’s yet to pass new highs in USD but getting close. VET/BTC bullishness shows we got plenty room to run, 4hr EMAs and MACD cross. MOON
Vetchain is forming a uptrend. be aware for a large selloff. large selloff or a technical revers will send vet back to the downtrend.
Vechain recently announced co-op with Alibaba and Mastercard. should be very bullish.
VET bullish breakout from descending triangle. We had both a MACD and EMA cross on the 4hr chart prior to the breakout. Shorter term, like 15min and 1hr charts are less bullish. The current 4hr candle needs to close above the triangle‘s top line and our next candle will confirm the breakout. Longer term charts are extremely bullish. VET/BTC looks to have bottomed...
VET is about to break a key level which will give it a clear path for more upward gains.
The chart shows the squeeze for a likeley upward trend that's taken some time to build, very much like BTC.
I would think in a similar fashion, it will do some good moves up.
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Close up 1 hourly...
VETs been held down by larger coins but a lot are starting to hit resistance and will most likely stall for awhile before taking off again. MACD Cross in hour time frame. Bullish on multiple time frames. VET will move over .02¢ soon
MACD crossing on shorter time frame, positive EMAs. Longer time frame EMAs starting to cross, price usually likes to bounce off of it. Still bullish, VET should breakout to new all time highs after its long consolidation period.
-a bullish breakout above the resistance area
-broke the 200D MA also
-new higher high on the daily
-trading priority is back to the bulls
-upside potential is up to 0.0084
-key stoploss is below 0.0048
Prepare to rise from 0.49 level
Looks like a level breach.
It's important that today's day close above the level.
Cancel the longitude by break-down level 0.49.
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Before to trade my ideas make your own analysis.
Thanks for your support!
Bull trend is broken. Price is in 0.57 - 0.50 band. If price down further more, downward trend can gain more power. And we may see the short term goal which is 0.50.
If I want to buy some of VETs, I will wait for price break to the EMA 34 upward.
VeChain (#VET) is an up and coming blockchain platform aimed at serving the logistics sector and the Internet of Things (IoT). The new blockchain was launched in July 2018, offering a swap of the older VEN token for the VET digital asset. VeChain is a dual-asset platform, with an elaborate system of staking nodes paying out rewards in VeThor (VTHO).
In a short to...