VETUSD - Angled H&S VET is still moving downward but this inverted H&S provides a possibility for reversal.
We are now experiencing what I would call the right shoulder which is a bullish phase.
Lets see if the bulls can take it.
Key stats
Market capitalization
1.485BUSD
Fully diluted market cap
1.771BUSD
Trading volume 24h
35.29MUSD
Circulating supply
72.715B
About VET
VeChain launched in 2018 as a proof of authority, blockchain-based software that aims to provide businesses with a more efficient means of data transfer, using a trust-free model in which the flow of information becomes transparent and easily accessible. In an increasingly globalized world, VeChain markets itself as a blockchain that streamlines the clunky processes involved with supply chains and data management. Its clients include Walmart, BMW, and luxury goods company LVMH. Alongside VET, its sister token VeChainThor (VTHO) is used to process smart contract transactions.
VETUSDTVETUSDT broke trough the falling wedge. Value zone is still acting like resistance. SL wouldn't have been hit otherwise the RR still stays 6. Keep looking for new price action.
VeChain Macro ViewWe all know that markets behave very cyclical. Top to top and bottom to top days are almost exactly the same (give or take a few days).
If the amount of days stay the same, we could see a market top at the end of 2023 or at the beginning of 2024.
VeChain is also printing an inverted H&S. This is a
Crypto , Cryptocurrency My mid-long term goals for #VeChain NYSE:VET 🫣
The #vet chart can leave a good profit in the long run. It is not investment advice.
Vechain - Flat Top on this TF should popLooking for swing longs here on vechain. Price should bounce above resistance here and retest previous highs. On the downside, the price may retest the triangle's support.
VeChain ready to launch? We see... Down trend breakout & retest
OBV zone is good. ( ~0.027 )
Green zone i think good buy zone. Stop loss important (red lines)
Tp1, 2 & 3 (red zone)
GL
VET - Nerves of steelThe situation in VeChain is pretty similar to the one we face in Polkadot, so I won't go into technical details here...
Overall it's pretty the same here, we finally reached the blue retracements, and we got very near the 0.786 retracement. As I stated in our Polkadot analysis, it would be optimal
👀 Seeing a bearish analysis on #VET👀 Seeing a bearish analysis on #XMR, waiting for a small time frame sell setup. #cryptocurrency 📉📊💰
VeChain X2 Bull stephello everyone,
I see some good movement of VeChain price... for long time Vechain has good support/resistance trendline... trendline that was actin as support turn out be acting as resistance.. looks like that trendline has come to its end.. the price is starting to make a new uptrend with 50ma c
Crypto VET. TF H4 LONG According to my calculations, on the 4-hour time frame, the trend started on March 11.
On March 14, the level of 0.0253 was tested. This level will be tested again in the near future.
Take profit at TP = 0.0259 , do not forget about SL = 0.0192.
Good luck! ,
Regards WeBelieveInTrading
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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