If you take a look at the RSI it indicates we've created a Triple Top which is usually followed by a pullback. If we do get a pullback we may fall too .125. This would be a great buying opportunity if you're looking to average down. There is a possibility we fall to the middle resistance (.130) get a Touch & Go then push through the upper resistance at .137! It...
i think we will reach $1 soon as soon as the price of bitcoin goes up. In my opinion, you should follow Elliott wave principle.
Welcome back Traders, Investors, and Community! Hi Traders, VETBTC on H4 might go down for the retest at around 0.00000196 before it goes higher to the Resistance line. Our first target will be 0.00000230 ⬆️Buy now or Buy at 0.00000196 ⭕️SL @ 0.00000178 ✅TP1 @ 0.00000230 ✅TP2 @ 0.00000262 ✅TP3 @ 0.00000302 We will have more FREE forecasts in TradingView...
Vechain vs bitcoin, we have been trading slightly downwards in this descending triangle since our peak around mid april and we are almost to the apex point trading around the lower half pf the triangle. I don't think we will see a bottom side breakout i believe we are gonna shoot through the top, i think even if we do break to the downside it could be looked at...
We are currently testing the upper resistance zone as well as the trending line in this wedge. If we are able to break above the resistance zone/trending line we may see a nice push towards .08, this may be a very great end to the week. BTC seems to be gaining ground as well but it could very easily consolidate & shift the market into a consolidation phase. *Not...
Vechain is showing a good support for now but it's a little late to open long positions since it's getting rejected by a strong resistance. Wait for the market to become a bit stable, because as far as we know the market might crash again tonight.
ANALYSIS On the VET/BTC we are in a potential inverse head and shoulders pattern on the daily timeframe. The final shoulder has yet to be confirmed so this pattern could fail to complete. Interesting VET has landed on a support trend line formed since early February. TARGET Target would be 0.00000637. Disclaimer: Not financial advice, just amateur observation....
DOUBLE TOP FORMING A DESCENDING TRIANGLE, MIDDLE OF SUPPORT AND RESISTANCE LEVELS
Im taking a long here on VETBTC pair, as a small speculative position that I hope I can build into a larger hodl position if markets start to recover. Otherwise, I will be happy to treat it as a scalp and take whatever profits the markets offer. The reason Im taking this long trade is because VETBTC broke above the neckline of the inverse head and shoulders...
Hold on guys! 0.30 cents coming faster than you think.
Vechain(VET) Update 07/05/21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below Vechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as...
If this triangle breaks out we can expect new highs
Vechain probability short term ~30% and in some weeks maybe to ~65% Hope we break the resistance quick, time for some gains.
Updated VECHAIN (VET) Chart shows the mild resistance needs to be broken at 0,228 This will most likely happen and from then one the price should be able to rise higher.. or a lot higher
Trading Signal: A Trading Signal is seen in the VETUSDT VeChain Traders can open their Buy Trades NOW If you liked our ideas, please support us with your likes 👍 and comments .
Price could be finding support. We know the project is promising and we attempt to buy on Support.