Blue graph taken from Vechain's 2021 run at the exact same time bitcoin hit its ATH. Vechain has acted almost the exact same as is did back then to even the same percentage drops. Will be interesting to see if it can ride to .08 cents. It only took Vechain around a month to get to .26 cents after that.
📈 Let's delve into analyzing this cryptocurrency for future trading.
🕰️ On the four-hour timeframe, after an upward wave, we've reached a daily resistance at the line 0.05147 and are currently showing a reaction to this line.
📊 After the line 0.05147, we can open a long position, and after breaking 0.04623, we can open a short position.
⚠️ Considering that long...
HI everyone,
Vechain chart looks promising and its product looks good as per my opinion.
Long term accumulation is done and its going to reach its target which is .10 cents. At the moment, i would like the daily and weekly candle to close above 0.05 cents for the target.
An indicator i have used in this chart which is called aroon. whenever the blue line comes...
VET broke above resistance and is consolidating after the initial push. The profit target might seem low, for now, but I want to get in VET before the May 2022 level. Most alts will have an initial target of the May 2022 level.
VET is in an accumulation zone at this point as you can see in the chart. The moment it breaks the upward resistance it will hit its first target then re-test the support and go up to the next targets as shown in the chart.
In the previous analysis, we had analyzed the fall of VeChain after the historic high.
Now, we are in the fifth wave of elliot, and breaking the bearish channel, so we expect a big buying force due to the buying pressure due to the bitcoin ETF.
Targets: 1, 2, 3, 4
Risk: 2%
JB.-
We're in the beginning of the 4th wave.
I am expecting a downside movement to 0.076-zone.
We can set buy position from there.
Entries: 0.08, 0.05
Targets: $1, $2.4
VeChain is setting up potential long term trade similar to the trades we took in SOL, AVAX, WOO, Theta etc.
I will be accumulating during pull backs to my buy zone of 0.03910 to 0.04010.
VeChain is setting up multi time frame squeezes and I'm expecting explosive moves to much higher prices. This is a weekly chart so this move will take some time to play out....
7-10 day trade, fake out rally and potential return into the $0.044 - $0.046 range.
4 hr RSI hit oversold level of 25 and currently hovering around 35.
💎 VET has been a significant point of interest in the market, recently achieving a notable breakout from a strong resistance area, signaled by a robust green candle. This development represents bullish momentum for VET's midterm movement, suggesting the possibility of a retest at the support level, which was previously a resistance area, before advancing further...
After Bitcoin, many altcoins are also returning to their former strength in the year 2024. Among the most attractive altcoins in our view is VET. The price has seen strong gains in recent days and appears far from the end of its rally. We expect VETUSD to rise by around 45% once more before the price begins a noticeable correction.
However, we advise waiting for...
💎 VET has been a notable focus in the financial market, recently achieving a breakthrough by surpassing a significant resistance area, marked by a strong green candle. Following this breakout, VET has entered a valid retesting phase at what was previously a key resistance, now acting as support. This development indicates a probability for continued upward...
Are we too late to get into vechain? Of course not! I'm too.
No worries! Here's one of my favorite strategies that trying to catch up!
Vechain has been lagging compares to other alts-coin, BUT what do we do in this case?
Trade within the ranges that the market has given us!
Long at support and hedge against your long at resistance .
Make sure to add your...
