50MA and 200MA were about to cross, but the 50 leveled off a bit. But, if we assume future price = MA price, In ~14 days the 50MA is going to spike upwards through the 200MA. We are currently above those MA prices however, so this should happen even sooner assuming we hold above those MAs of roughly $0.013-0.014. We would need to drop below those MA prices to...
Vechain is a really good investment from the medium term (6 months - 1 year) and is still holding its cup and handle formation
Hi every one As you can see, the price is in the ascending triangle and that's a good thing If the triangle resistance line is broken, the price goes up. Remember that Trend is our friend and we have to hold his hand and go with it . Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy Things can change... The...
We have just created a double bottom pattern on 4H timeframe. We are also completing this cup and handle formation, VETUSD is a great investment on the long term!
Here is my prediction for VET based on previous support and resistance.
There is a high probability ' reversion to the mean ' trade in play (Pitchfork median line). The ideal entry was the 0.618 retracement however there is still a 1:1 Risk: Reward trade from here. Usually I prefer a 1:3 R:R however this trade has an 80% probability of playing out. Therefore it is worthy of consideration. Looking at the bigger picture, VET appears to...
This coin is my number two pick for the bull market. currently showing very bullish sighs (Cup & Handle). price will got lower: - $0.0156, - $0.0162, - $0.0166, (Dollar cost average in). Once it breaks through the handle fill up your last bit of your VET bag and hold throughout the year ahead, you wont be disappointed. My exit price prediction.... will let...
Wow, someone gave VeChain a viagra pill today. If VET makes it across the 23.6% Fibonacci Level on the daily and turns it into support then we could be on out way back up to our yearly high of $0.022990. VET is also back over its Ichimoku Cloud equilibrium zone and back in the bullish zone on the daily chart. The STOCH on the daily is also indicating that VET has...
Hello, As you can see VET broke out of a downtrend. It will take some time to go up again to levels where he was before. First of all I want to show the uptrend that is going on. Trendline straight up. ALso the EMA is showing some positive sings. A: most likely it will go this path (no financial advice). B: if A doesn't work out immediately and it receives some...
BITFINEX:VETUSD Looking at VET we've recovered nicely from the previous bearish cycle (shown with the purple channel). The orange circle is showing the EMA20 crossing over the EMA50 which we know is the beginning of a bullish period. The awesome oscillator shows a steep rise in market momentum as price increased, however be wary of the current red lines. If...
Key zones to buy VETUSD or VeChain. 0.0085-0.0095 has been historic resistance on many occasions. Expect this level to be respected as a support going forward for the next leg up. Also, break of the descending channel will confirm the setup and will resume the bull run that started around Apr 2020.
Worth keeping an eye on. Potential to break from downtrend in the next couple of days and it will be interesting to see the PA if we close a daily above trend. Buyers could jump in and push straight through any resistance here but my thoughts are to remain patient and try and catch a positive retest on previous support. I'd be happy with an entry around 0.0096...
Parabolic move plus overbought RSI and some other things lead me to think there will be a pull back to 0.0125 at some point in the coming days, possibly even to the trend line or as low as 0.0089. Then continue upwards trend. Very bullish project long term also FA wise. Note: target arrow sizing saved a bit wonky, but range is 0.0089-0.0138