Here's an update on my VET analysis. Originally, I made a post showing that VeChain could make a move like XRP in 2017. This was when VET was still near $0.004. Since then, VET doubled and got rejected near the major $0.01 resistance, only to continue forming a downtrend (orange). It has just recently tested this downtrend again, further confirming it as...
Looks like a penny is back in our future.
Probably an easy 30% gain from .007 to .0110
If you remember I said to keep your eye on this AUGUST of last year..Now we are exactly where I expected to be 6 months later...
Review Related Idea for the comment I had back then.
If bull run continues, i think we are gonna see a breakout of VET.
We tested the 0.008 resistance two times already in a short time manage to close above the ichimoku cloud, shikou is above the price and cloud, MACD is bullish on daily TF.
Hypothetic target is previous high which is the lengh of the low to the 0.008 resistance.
i noticed that the wave 3 have been way overdue. But this can be due to a large ABCDE correction within the second wave.
If if this corrective pattern we should have a wave 3 with a C correction in up-trending market.
Happy New Year Everyone! Thank you to those who follow me and support my analysis!
As a recap, VET completed the ABC correction wave.
It also completed the wave 1 of the 12345 Elliot wave.
It is probable that it will complete wave 2 of the Elliot wave in a couple of days.
Now, what are the target buy zone for VET?
The first one is at $0.0050-0.0052 because...
This post is really just for fun. I'm somewhat convinced that we're seeing the floor for many promising cryptocurrencies, so I'm finally starting to post some altcoin charts again. VeChain is a controversial one, at least in terms of investor sentiment. They have an unusually large community for a project with such a relatively small market cap. This may be a...
Here's a quick update on my VET/XRP comparison. About a month ago, I made a post comparing VeChain's current position to XRP, prior to its historical price rise in 2017. I've continued to provide updates on VET in my group, as well as in my videos, but here I'm finally writing a little follow-up post. Here is the original analysis:...
In my previous analysis for VET, I shared two possible scenarios.
The first one is VET will have an ABC correction wave. The second is a 12345 impulse wave going up. (If you want to check my previous post, just click my profile and find it)
I expected that ABC correction is the most probable to happen.
Based on the chart, the price of VET is near to complete...
Hello my friends, today i bring you a TA of my favourite altcoin VET.
We are currently forming the handle of a cup on the daily timeframe.
Cup and handle is a bullish continuation pattern which usually leads to alot of profits.
If you buy breakout of the handle ( also bullish ascending triangle) you can expect around 40% profit.
Buying now could give you a...