VETUSDT.3S trade ideas
💡Don't miss the great buy opportunity in VETUSDT Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.0850).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.50.
Take Profits:
TP1= @ 0.0970
TP2= @ 0.1000
TP3= @ 0.1070
TP4= @ 0.1150
TP5= @ 0.1250
SL= Break below S2
Performance
It was a trading opportunity in the previous idea published on 4th of March 2021.
Buy orders opened on 05 March 2021, and we reached all the targets;
TP1= @ 0.0520 on 05 March 2021
TP2= @ 0.0572 on 07 March 2021
TP3= @ 0.0600 on 08 March 2021
TP4= @ 0.0633 on 08 March 2021
TP5= @ 0.0710 on 12 March 2021
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💡Don't miss the great buy opportunity in VETUSDTTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.072600).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETUSDT 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 64.
Take Profits:
TP1= @ 0.080250
TP2= @ 0.084000
TP3= @ 0.090000
TP4= @ 0.097400
TP5= @ 0.111000
SL= Break below S2
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VeChain broke out of a 3 week long consolidationVeChain (VETUSDT) has given a break out after a 3 week consolidation. Since its crypto and we are in a bull run 3 week consolidation is good enough for the next up-move. It might retest 0.06 level before moving up. The volume is also building up in this up-move from 0.04 level and it seems that 0.09 level is on cards.
💡It's a great buy opportunity in VETUSDT @vechainofficialTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.0460).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETUSDT 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 67.
Take Profits:
TP1= @ 0.0520
TP2= @ 0.0572
TP3= @ 0.0600
TP4= @ 0.0633
TP5= @ 0.0710
SL= Break below S2
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💡 Don't miss the great buy opportunity in VeChain/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.05). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VeChain/USDT is in a range bound and the beginning of 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= @ 0.060
TP2= @ 0.065
TP3= @ 0.070
TP4= @ 0.078
TP5= @ 0.090
SL= Break below S2
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💡 Don't miss the great buy opportunity in VeChain/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0253). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VeChain/TetherUS VETUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 0.03130
TP2= @ 0.03530
TP3= @ 0.04060
TP4= @ 0.04510
TP5= @ 0.05070
SL= Break below S2
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💡VETUSDT Second Chance: An Inverted Head & ShoulderTrading suggestion:
". Buy on Neckline Breakup."
----------------------------------------------------------------------
308% pips profit...
Total Profit: 308%
Closed trade(s): 162% Profit
Open trade(s): 146% Profit
Update Details:
Closed Profit:
TP1 @ 0.012550 touched at 11.17.2020 with 25% Profit.
TP2 @ 0.015250 touched at 11.23.2020 with 52% Profit.
TP3 @ 0.018600 touched at 11.25.2020 with 85% Profit
25% + 52% + 85% = 162%
Open Profit:
Profit for one trade is 0.017340(current price) - 0.009988(open price) = 73%
2 trade(s) still open, therefore total profit for open trade(s) is 73% x 2 = 146%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.023000
TP5= @ 0.027900
📚💰Inverted Head and Shoulders in VETUSDT -Learn More Earn More📚 LEARN MORE
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With ForecastCity
Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end.
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal.
The pattern is confirmed once the price breaches the neckline resistance.
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order above the neckline.
TARGET:
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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💡Don't miss the great buy opportunity in Vechain (VETUSDT)Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.01074).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.01350
TP2= @ 0.01590
TP3= @ 0.01862
TP4= @ 0.02102
TP5= @ 0.02299
SL= Break below S2
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💡Don't miss the great buy opportunity in VETUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0096). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETUSDT is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.01255
TP2= @ 0.01525
TP3= @ 0.01860
TP4= @ 0.02300
TP5= @ 0.02790
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️