VET/USDT LONG SET UP ENTRY 1 .0060 ENTRY 2 .0030 SL .0003 TP.1 .0098 TP.2 .0120 TP.3 .0180 TP.4 .0220
What a carnage, after great news with Walmart price hit 1 cent, now dropped almost 60% from that point. Really weak price action of this coin which can't even be shorted on leverage. Its telling you that the team is distributing it left, right and centre. At this stage it can consolidate in low 0.004s but double bottom is in play.
Buy : Close to 40 / 0.004$ as possible Sell : 45-50 / 0.00044$-0.00048$ Mid-Hold : 60-80 / 0.00058$-0.0008$ Stop : 38 /0.00038$
If VECHAIN can clear the 55 EMA on the daily then we have a shot at reclaiming the next fib level. If that happens, 0.006 Cents is in the realm of possibility which is located at the 200 MA!
$VET We have entered back into that accumulation zone. Willing to bet we bounce on the retest of the low and make our way to the top of this channel. #Vefam this is a killer place to accumulate. In a few years it will be all worth it.
The price is drawing a bullish wedge and RSI is forming a bullish divergence. Zones of interest and targets are on the chart. Good luck everyone!
I've seen many people trying to catch the knife with VET, while bitcoin is still on a bull run and will keep that way at least till 11.5-12k, so im not gonna touch this. Price was not capable of moving back to the main range at 100 sats, pullbacked twice and moved down showing big weakness. Main objective for this downmove based in fibonnaci projection is at 40...
Vechain is slowly building momentum upward. It is one of the crypto project with very strong fundamentals behind it and with the recent onboarding of Walmart china, i expect very good things to come for Vechain. Had a good bounce at 5006sats. I've establish 3 profit taking level at 7080sats, 8900sats and finally 10710sats.
I'm expected VET will pump because : - hit bottom and bounce back - forming triangle pattern - hidden demand - VeChain buyback program (Fundamental)
Potentially a very good entry point. The price has strayed from important levels. There were buyers. After the correction, I will try to enter into a deal to buy a coin. The risk-to-profit ratio is fantastic and very real.
BINANCE:VETUSD Hey once again. Vechain like the rest of the coins i have charted is also in a strong accumulation area. We all await to see how China reacts to these mining bans,crypto bans,etc. since VET is chinesse.Neo already has started the pump,this might be next. Vechain had a very big amount of good news,releases recently. When this train moves,it moves...
Will we see 30-50 btc for vechain?
All EMA's still acting as resistance. Forming a falling wedge . lets see what our gem will do. HOPE DIES LAST