We Are Looking At VET On A 4HR Time Frame
Vechain Is On A Aschending Channel Up To Micro Wave 5 Target Of Around 0.04 Before We Break The Channel Into And Consolidate. This Is 100% Gain From Previous Bottom With Head And Shoulder Breakdown.
-Market Is Showing A Lot Of Strength
-RSI Is On A Upside Momentum
-Ascending Volume Will Fulfill Our Price Target
I like VET VeChain because it`s one of the most legit crypto projects out there.
Before entering this trade take into consideration the VET is looking bearish on lower timeframes and bullish on higher ones, but in an overbought condition!
Buy and Sell Signal forecast on 3 timeframes:
Sell on 1 hour timeframe
Buy on 7h timeframe
Buy on the daily chart
If you are...
We can see how Vechain has broken the accumulation area, has looked for the bearish divergence and has made a first try to look for new highs.
What are we looking for now? We are looking for an incorporation if the price returns to the divergence again. If the price continues with the uptrend we will look to incorporate later in a new continuation pattern.
Can't help but feel excited for VET 's price action in the near future. Maybe I've been hitting the Hopium too hard! And while there's a huge difference in the standard vs. long targets, there is consensus. That is, it's going higher. The wave 5 target for the standard chart doesn't even get this back to the VEN All Time High. Meanwhile the log puts it at...
At the moment of typing this, if we look at the Daily Chart, VET has recovered from its correction that it had after making a new ATH on the 6th Jan. VET is at the upper band of its Bollinger Bands and has found strong resistance there. If VET makes it to a new ATH over the next week or so, we will be in uncharted territory. If VET fails to get above its previous...
VeChain is a blockchain platform designed to enhance supply chain management and business processes. Its goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT).
- #VETUSD has retested previous resistance and it now stands as support!
- Looking for VET a potential 1000%...
Early 2017 XRP pumpinomics applied to Vechain's current position.
Some hopium for you - put that in your pipe and smoke it.
Probably impossible but... hey, this is crypto.
Shout out to Victor Cobra - www.tradingview.com
Vechain appears to have formed the handle of the bullish pattern of a cup and handle. We need a strong break and close above the .027 level. If this level holds as support, we can see a strong rally to the upside.
vet looks very similar to the bitcoin 2015-2016 playbook
will it continue to match the path or will it find a more vigorous, or less vigorous path
notice three valleys and a retest of the breakout
this is where vet is at the moment
what do you think of the resemblances
not financial advice