This is a longterm analysis of a possible 3 year outlook for VET/USD using the 1 week chart.
Here is a closer look at this VET/USD 1 week Chart.
On this 1 week timeframe, VET has been back above its Least Squares Moving Average (LSMA) since the week of 7th March 2022. Note that a weekly close ABOVE the LSMA is considered a BUY SIGNAL for this indicator.
A quick beginners introduction to Volume Profiles.
I have added 3 different Volume Profile indicators to this VeChain 4hr chart as well as the normal volume bar.
Volume Profiles are made up of Histogram Bars which display buyer and seller trading activity. The volume Profiles are default Blue for Buy Volume and Yellow for Sell Volume. This buy and sell trading...
Hello and Happy Monday. I am so grateful to have recently bought Vechain. I believe this software platform is versatile and cutting edge tech that will be around for a while. Like ethereum, this decentralized blockchain platform securely executes and verifies application code, aka smart contracts. There are lots of applications in the real world that will...
At the hour of composing, VeChain (VET) is positioned 37th as indicated by Coinmarketcap.com. The computerized resource has an all out market capitalization of $3.167 trillion and is exchanging at $0.04925. VeChain makes some all-memories high worth of $0.2782 set on April seventeenth, 2021, and an untouched low worth of $0.001678 set on Spring thirteenth, 2020....
So here are the simple trading rules for the buy setup:
Draw a downward trendline
If the price breaks the trendline, wait for the retest.
If a retest happens, it is better to use a bullish reversal chart candlestick as a trigger to place your pending buy top order just 2-3 pips above that bullish candlestick. If the price decides to go up, your buy stop order...
Dear crypto degen,
Welcome to the Crypto Weatherman channel.
After having an ABC correction, vechain is now ready to stick itself back out of the clouds for an home run.
Those of us knowing Elliot Wave... we're at point ((ii)) of leg 2.
Cheers and happy trading.
The Crypro Weatherman
The price had stopped on a strong level and if it closes above 0.06, then it is ready 90% to aim the levels shown in this chart.
With a powerful signal coming from the M.A RSI SYS
wish you all a great luck 👍