The pattern seems to fit for the moment on messy little chart :)
Will be interesting to see how it plays out.
Has recently been a surge of new wallets and predictions for a parabolic surge.
With so much going on in the crypto space at the moment im opting for conservatively optimistic
For my sport memorabilia enthusiast do i got the one for you. Introducing VET, a blockchain foundation who has just announced a relationship with the UFC. VeChain is powered NFC and blockchain tech that will be integrated into the gloves of the fighters, hence collectibles. Authenticated by blockchain. I think this is big for collectible, because i also read that...
This analysis examines the VET/USD 3-day chart, focusing on a potential uptrend, breakout target, and reversal signals.
Identifying the Uptrend: Rising Channel Pattern
The chart exhibits a rising channel pattern, characterized by price movements bouncing between an upward-sloping upper trendline and a lower trendline. This pattern typically suggests an uptrend,...
I turned my spare $98 into $111, a $13 profit. This has to be one of my worst profits. I usually put $300 into each trade which I will be doing next time and before starting swing trading I missed my first sell signal which I have learned from today.
VeChain is moving in the direction we anticipated, heading downwards. Of course, we'd be pleased with a continued parabolic rise since we have two open entries that have performed exceptionally well, with our stop-loss significantly moved up.
Thus, we've already taken profits, securing a good position, but we aim to build a larger position in the overarching...
Based on historical chart analysis ..
The price may break the price channel shown in yellow and rise by 100% to 120% .
then retest the channel again and then move towards a new historical peak.
Let's take a closer look at VeChain BINANCE:VETUSD on the 1-hour chart. We're continuing to hold Wave 4 well at $0.025. Since then, we've developed a 5-wave structure leading to our overarching Wave ((i)). Now, we're anticipating the formation of Wave ((ii)), which should fall within the 50 to 78.6% range. Dropping further down would significantly decrease...
The Truth Is We Are In A BullMarket And Taking Short Has More Risk Than Long Positions. If WE Oppose A Correction In This Area; It Would Be A Golden Opportunity To Buy Specially Altcoins That Haven't Rise In Their ETH And BTC Pairs. NYSE:VET Is One Of Them. The Momentum Is Bullish And Most Altcoins Have This Pattern As BTC Had but Broke That And Went To 72K And...
VETUSD is in the process of breaking out along this curved trend line support
I expect it to hit the upper dotted line and possibly even break it
Bullish.
This is the 4Hr chart for VETUSD.
Let's dive into an analysis of VeChain ( BINANCE:VETUSD ) from a wholesale and retail perspective, emphasizing the importance of buying at value and selling at a premium.
Overview:
VeChain is currently trading within a specific price range, indicating potential buying and selling opportunities for traders. Our analysis focuses on identifying these opportunities...
Vechain has printed a nice rally in its chart that so far has yielded a third wave, currently correcting in wave four.
This market may expect to continue its rise in wave five, as depicted.
Here is my short term EW count for BITFINEX:VETUSD
Both the weekly RSI and Stochastic are showing signs of real strength.
My initial target for the wave of this impulse is around .0676 (1.618 fib extension)
We may see an ABC correction from there before breaking this resistance and moving higher.
I'll post updates as this wave nears completion to show what...
