Im taking a long here on VETBTC pair, as a small speculative position that I hope I can build into a larger hodl position if markets start to recover. Otherwise, I will be happy to treat it as a scalp and take whatever profits the markets offer. The reason Im taking this long trade is because VETBTC broke above the neckline of the inverse head and shoulders...
$VET broke down from parallel channel , and confirm the support as resistance. now price can make a diamond pattern here that is a reversal pattern, so start a new rally.
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Our last trade played out fantastically. Once BTC faltered at 40k you take profits, no need to be hodling any ALT here whilst BTC is still figuring its sugar out. Take profits and get out. We are looking to do the same thing again, buy on the lower channel trend line. I would like to see a wick below the channel, come back up and test. Looking for that...
I'm currently tracking the following long for VET if it can come down to 0.085 and use it as support. Looking for a bounce for confirmation. Pity I cancelled yesterdays short as it would lineup nicely with how I'm reading BTC and this VET long setup. BTC to 35k will bring us down to the buy zone and possibly below the channel. A distinct bounce here is the...
VeChain Update: What an absolutely crazy couple of days. Remind me never to buy a Tesla. At the moment of typing this, VeChain is still below its 50EMA on the daily chart. VET needs to eventually close a daily candle above this level and turn it into strong support. VET is above its 200EMA. At the moment of typing this, VET has found a support & resistance at...
This is my insight for short term scalpers. I have made profit with this today and will keep watching the bars inside this channel. In a long term it is going up for sure!
Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the...
Possible Head and shoulders pattern forming on 4H. I would say buy into alts on this next 4 hour push in BTCD if you didn't already buy when BTC & Altcoins crashed previously. IMO
Nothing is impossible. It was with this slogan that VET sellers lowered the price by 80% from the all-time high. A powerful wave of decline in the VET market tested the liquid range in which the price was trading back in February 2021. It is in the range. of $ 0,05 buyers set the previous all-time high. It was at this historical high that we took a fractal...
This is just my idea and not an financial advice! as we can see vechain has a long term trendline and also we have seen a support recently on trend hit. there could be a pullback to trendline again, then we will see prices around 0.165 - 0.175
Possible Bullish Scenario if manage to fix above the trend line, then looking for another leg up ...
Dear ladies and gentlemen, as you can see the market is starting a new bearish phase that can last months before starting to climb again. I would like to share with you my idea about VET and where you should sell it despise the price you bought it for. If you sell your VET at $0.13 you can easily go and make profit as soon as the bearish starts. Please be aware...
I could see some complex correction like this playing out for Vet
VETUSDt trade corrected to -161.8% Fib and still in consolidation range in yellow zone area. Trade will move up as consolidation period will be finished. Next target will be 435% Fib ($1 level) with some kinks and pull backs. You can enter for buy position in purple supply zone or near -161.8 % Fib (0.07- 0.1 level). Technically trade will go up. For longer term...