In accordance with my previous post regarding the same market, I am posting an update. I believe the trend is going to continue, however, there is a possibility that a buying window could occur around 0.0074, as the higher lows based on YTD chart with 1D candles show support a little below the above-mentioned price level. As always, I am open for discussions...
Fundamental Analysis VeChain has surged after the project announced the launch of the Walmart China Blockchain Traceability Platform, built on the VeChainThor Blockchain. The platform was built in cooperation with Walmart China, China Chain-Store & Franchise Association (CCFA), PwC, Inner Mongolia Kerchin Co., Ltd. It will help Walmart China to implement a...
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...
Release the pahtnaships!
Crypto market looks well. Now focused on altcoin.
Ascending triangle. Looks bullish for a breakout. Will that be a catalist for a good VETBTC trade? Lets get that baby above 100 sats for good
supported by the 50 MA and confirmed by the 18 MA crossover channel tops retested = healthy positive uptrend
VeChain / USD Short-term price analysis VeChain has a bullish short-term bias, with the cryptocurrency holding above its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that a head and shoulders pattern has formed, with the VET / USD pair currently carving out a right-hand shoulder to complete the bearish...
vechain finds support at the 50D MA steadily increasing 18D MA lows lots of open sky after the .013 resistance
- Clear and consistent upward price trend since ATL - OBV rising for past 5 months - 200EMA was resistance, now support - Golden Cross incoming
- 200EMA was resistance, now providing support - Possible 'Golden Cross' incoming (50/200EMA)
Long term price prediction for VETUSDT on Binance and other exchanges BO from 0.0092$ must have
Possible Cup and Handle developing?
I'm fairly new to technical analysis so please feel free to critique. Leave a comment below! Let me know where you think I'm going wrong. :) Cup and handle position on vet/usd, volume slowing down coming into the handle. Possible breakout soon? + entering the 3rd sub-wave of the larger 4th wave. Fib numbers looking to line up nicely with larger timeframes. I'm...
Stage 1 completed! (Duration 105 Days) We're currently in Stage 2 on our way back up. Two possible scenarios are outlined. I see a great R:R for the upcoming weeks. Math never lies. - First target is at 0.01038 - Second extended scenario would bring us back to 0.1354 Time 144 Days - 1 July Happy trading :)