VET broke thru all major moving averages and finally bottomed out inside support. One low hanging wick went all the way down to 37 sats was quickly eaten by buyers. The wick showed buyers are present and ready. The reversal looks to be holding well. A long entry inside the range of 40-48 sats is ideal. Future take profit zone starts at T1 of 54...
Perfect retest of the MA50 along with the bottom of the ichimoku cloud for BINANCE:VETBTC, which in the process created a bullish divergence.
Target 1: 0.00000054
Target 2: 0.00000060
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We looked at and traded VeChain (VETBTC) in the past with great results. We looked at this pair short- and mid-term... Here we are going to be looking at the long-term chart.
We are looking at the weekly timeframe (7 days per candle).
Prices are starting to move above EMA10 after 4 weeks of consolidation/accumulation.
Volume is low but going...
VetBtc price is trading outside falling wedge pattern which it subjected to over long period of time. Since the price broke out it has been accumulating for next huge move.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
VET must hold a price level between 47-34 sat levels in the coming days or week to keep this bullish setup in play.
VET bounces off at previous key support level and if this second time around will trigger a good buying opportunity,
the price could rally back up to 64 sats before facing strong resistance trend-line.
To invalidate this bullish analysis,...
Well, you see, I was massively wrong about last ideas. This is a hard market mates! But, this is possible happening:
* Good chance we are making an big ascending triangle on the daily!
* Volume is relative low, last upward momentum to 110 sats looks l ike an expansion fase an not the real run up.
* Lower lows.
* Bitcoin controls strongly the altmarket, That's why...
Quick update on VET. My bullish idea still stands. If the bull market is beginning (hard to ignore that this might be a possibility, for those still on the sidelines), given the strength of the VeChain, as well as its comparable token supply to XRP, I think we could see a really massive move for this coin. This means new highs are even possible. I know I'm being...
I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
VETBTC; on the weekly chart it seems that a giant inverse head and shoulder pattern is creating. Currently there is a right shoulder in the making.
I don’t often use a fib time zone but in this...
Trying to break from descending channel w/ increasing volume after some consolidation at ~66 sats support..
UCTS turning green (Buy) across all LTFs
MACD Bullish divergence & starting to cross Ichi cloud on the 1D
If continuation happens, then ~75/80sats as target..
Good day traders
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We got a LONG signal on VETBTC
Buy zone, Possible targets and Stop Loss are indicated on the chart
Here are links to the...