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VETUSDT

VETUSDT Descending Channel: Potential Breakout or Breakdown?Yello, Paradisers! Have you been keeping an eye on VETUSDT? The market is at a critical juncture, and you don't want to miss out. Let's dive in! 💎VETUSDT has formed a descending channel and recently bounced from a bullish order block after taking liquidity, increasing the probability of a bullish move. 💎For a confirmed bullish move, we need a breakout of the descending channel and the resistance zone together. This will significantly increase the probability in our favor. 💎If a pullback occurs, we might see a potential double bottom forming from the bullish order block. However, we need an I-CHoCH (Internal Change of Character) in lower time frames to confirm a bullish market structure. 💎If there is a breakdown of the bullish order block and a candle closes below it, our bullish scenario will be invalidated. Remember, the market is a game of patience and strategy. Stay focused, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Keeping an Eye on $VET! 📈 Potential Bullish Move Amid Pullback💎VET is currently exhibiting a bullish market structure and undergoing a pullback. 💎If VETUSDT demonstrates an Internal Change of Character (I CHoCH), it could indicate a bullish move, especially since it has touched the previous resistance zone, which may now act as support after being broken. 💎In the event of a breakdown below this zone, a bounce can be expected from the supportive trendline, but confirmation is necessary before making any bullish decisions. 💎However, if both of these key bullish levels are breached, it would be considered a bearish scenario. It's advisable to refrain from trading until clearer price action for the bearish side emerges.
by MyCryptoParadise_Nathan
VET/USDT Signals Bullish Momentum: Promising Upside Potential 👀💎"Heads up, Paradisers! VETUSDT (VeChain) is currently anchored in a highly advantageous demand zone, providing significant support to the price action. This robust demand level signifies substantial buying interest in the market, suggesting a potential price ascension. 💎After successfully securing support at the demand level, VETUSDT has shown resilience and the ability to resist selling pressure. This bullish indication, coupled with a notable Volume Profile Range, signals a shift in market sentiment and raises the possibility of a price reversal and upward trajectory.
BITFINEX:VETUSDLong
by MyCryptoParadise_Simon
VETUSDT (VeChain) Bullish for Long TermHello Friends, Vechain offers an innovative way to use Blockchain technology which improves global supply management using RFID etc. This technology may transform supply chain completely transparent among all the stakeholders. Its aim to drive adoption of Block chain technology, smart contracts more cheaper and efficient. Currently on chart it has come down to test Trend Line and may bounce back anytime to test higher highs. I have taken positions for long term and will this for good profits. Please consult your financial advisor before taking any positions. Thanks Learn with Nikhil
Long
by nikhilbansal
VeChain (VET) Price Prediction 2022 - Crypto AnalysisVeChain (VET) Price Prediction 2022 VeChain holds the 37th position on CoinGecko right now. VET price prediction 2022 is explained below with a daily time frame. The above chart of VET laid out the horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation. Currently, VET is in the range of $0.02545. If the pattern continues, the price of VET might reach the resistance level of $0.03322. If the trend reverses, then the price of VET may fall to $0.02361, and $0.02071. VeChain (VET) Support and Resistance Levels The below chart shows the support and resistance level of VET. From the above daily time frame, we can interpret the following as the resistance and support levels of VET. Resistance Level 1 $0.02667 Resistance Level 2 $0.03366 Resistance Level 3 $0.04358 Resistance Level 4 $0.06823 Support Level 1 $0.02025 VET Resistance & Support Level The charts show that VET has performed a bullish trend over the past month. If this trend continues, VET might run along with the bulls overtaking its resistance level at $0.06429. Accordingly, if the investors turn against the crypto, the price of the VET might plummet to almost $0.01284, a bearish signal. Comparison of VET with BTC, ETH The below chart shows the price comparison between Bitcoin, Ethereum, and VeChain (VET). From the above chart, we can interpret that the trend of VET is more similar to that of BTC. Though the three cryptos seem to move in a similar trend, the trend of VET slightly differs from that of ETH. Notably, when the price of BTC increases, the price of VET also increases. And when the price of BTC decreases, the price of VET also decreases.
Long
by TheNewsCrypto
2
💡Don't miss the great buy opportunity in VETUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.1646). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.1870 TP2= @ 0.1976 TP3= @ 0.2144 TP4= @ 0.2300 TP5= @ 0.2490 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:VETUSDLong
by ForecastCity_ME
5
VET/USDT(Inevitiable)•VET is trading around $0.12 and it has made all time high of $0.25 in last alt season before May crash •The price is currently moving inside an ascending channel and respecting the boundries as support and resistance •The price is already above EMA200 but nothing special with Stoch and MACD •We can see short-term pullback but the price is most likely to go up from here and chase targets upto $0.15 to $0.16 •I am so bullish on VET and it will probably make new ath this season
Long
by iMperfect-rHn
💡Don't miss the great buy opportunity in VETUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.08887). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 58. Take Profits: TP1= @ 0.09407 TP2= @ 0.09990 TP3= @ 0.11053 TP4= @ 0.11929 TP5= @ 0.12825 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in VETUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.12719). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61 Take Profits: TP1= @ 0.14463 TP2= @ 0.16628 TP3= @ 0.19325 TP4= @ 0.21488 TP5= @ 0.25013 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5