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...
Welcome to this quick Vet/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- vet/usdt analysis is ascending triangle ready and green zone fast by the dip.
T4 :- $0.13470
Hey , guys !
If we will see normal situation with the market in October , VET will the best of the best ;)
What do you think ?
If you need levels targets and stop loss info contact us in messages ; )
Hello traders and community, today we will tell ourselves shortly about the situation of VET/USDT
- As you can see from the VET/USDT daily chart , the price of VeChain is going upward cause of double bottom formation (white line) and already tested resistance level (first red line), that's why we can expect bullish movement in the following days...
March 02 2021 Update
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4...
Sorry for the awful alliteration but VET looks a good buy
Similar chart to $BAT which we posted earlier, which is up a good 15% now, both have broke a range and a wedge
Confirmation on close above,
Target of 0.40 cents, very good R:R here,
Also, BTC looks more settled and if it hold 33K this will fly!
VET still following bullish trend line from its breakout. Depending on where this 4hr closes could give us another leg up. Im currently holding long. If we don’t get another leg up I’ll be looking to add more around $0.019. The daily close below 786 Fib level could pose a difficult barrier short term. Overall I have a cautious view on the market as of recently....
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...
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.
Vechain Now is moving in a symmetrical triangle. The trading opportunity will be after BREAKING this pattern.
Long Targets And Short Targets are On Fibonacci Levels. This Trade gonna have good R/R RATIO. BE PROFITABLE !!! lIKE IF YOU LIKE THIS IDEA