Elliott waves in practice on VETBTC chart with possible sell and buy targets
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Well, this setup is for the spot. Accumulate between 200 to 250 sats for almost a 200%+ rally. If you don't intend to miss this coin, you can simply buy...
VETBTC (VeChain) peaked mid-April 2021 and is finally starting to recover. As you can see from the chart above, the downtrend line started back in April is finally being broken today and its price is now trading above all the EMAs. We have a full green candle, the MACD above zero while trending up and the RSI is looking really strong. VETBTC is ready. The next...
ANALYSIS 🔎 - VET/BTC is on an uptrend supported by the ascending trendline support. - The market hit a swing high and retraced. - Price is retesting the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - The retracement is resisted by the descending trendline...
Messing around here on the VET/BTC chart.....Please feel free to issue feedback. I'm still green. Whenever the 50 MA dips below the 100 MA, it remains there for an average of 138 days however, as you can see in the chart, when the 50 MA crosses back over above the 100 MA, VeChain pumps on average 328% against BTC, each pump being approximately 100% greater than...
hello dear traders see this price actionVeChainThor The public blockchain that derives its value from activities created by members within the ecosystem solving real world economic problems
$VET / $BTC weekly looks like a great flip. RSI starts curving back towards strenght. SCMR is signaling a pivot.
$VETBTC is looking good again with upcoming small alt run-up vet should follow as well. Sitting at nice support zone! TP I am looking is where we last breakdown which around 319 SAT Invalidation point 189SAT! On my last VETBTC UPDATE mention, that vet is ready for a correction. I hope I saved you some money with that call.
Welcome back Traders, Investors, and Community! Hi Traders, VETBTC on H4 might go down for the retest at around 0.00000196 before it goes higher to the Resistance line. Our first target will be 0.00000230 ⬆️Buy now or Buy at 0.00000196 ⭕️SL @ 0.00000178 ✅TP1 @ 0.00000230 ✅TP2 @ 0.00000262 ✅TP3 @ 0.00000302 We will have more FREE forecasts in TradingView...
Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at...
VETBTC could retest the weekly support. IF the price will lise the daily support and flip it into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow...
another similar $alts structure where 4-H EMA 49 has been crossed, many are in same stage If #bitcoin continues to surge towards 36.8-37.2k zone, expect these $alts to move to EMA 200 as well for #vechain 280 - 299 Sats is a possible target before resistance
The VeChain / Bitcoin pair is at HTF support confluent with the 200D EMA right below. Let's see what happens, we bet on it to move back up.
There is the possibility, even if weak, that it will quickly return to 242 sats, however it is, in our opinion the SIA price will appreciate against the king. The Idea is based on fibonacci( we are on 0.618) gann fun, time cycle, MACD and william %. We believe the price can reach easily the area between 445-469sats. Enjoy it.
ANALYSIS On the VET/BTC we are in a potential inverse head and shoulders pattern on the daily timeframe. The final shoulder has yet to be confirmed so this pattern could fail to complete. Interesting VET has landed on a support trend line formed since early February. TARGET Target would be 0.00000637. Disclaimer: Not financial advice, just amateur observation....
While Bitcoin dominance is pumping! alt bitcoin starts to look weak for the short term. Do u see the similarity? Hold 0.00000325 sat as the support we could give another try to break the downtrend resistance, below low the resistance be careful Next best Support are 0.00000303 - 0.00000281 Key resistance at the moment 0.00000253 - 371. USDT value should...
After big ABC corrective structure, trying to join the move up