Vetlong
Vechain makes a bullish bounce!CHART OVERVIEW
VET/BTC - Weekly Chart - Binance
CHART DRAWINGS
On the chart are key resistance and support measured by the Fibonacci retracement. Also with the Fib circle tools, you can see where the price has found support and resistance.
ANALYSIS
Vechain has bounced out of the 0.5 Fib circle and from the 0.5 retracement line. This shows confluence towards more bullish action.
CONCLUSION
The week isn't finish but it would not be suprise me if Vechain restest the high of august 16th at 00000.305. Vechain was a powerhouse before the crash, fundamentals remain the same, no reason to not see a strong bull run coming soon, price action is indicating a breakout from this pivotal point of the 0.5 retracement and fib circle, the week is not over but as long as Vechain stays above the 0.5 fib line (0.00000254) the price is on the bullish side.
What do you guys think? Are you bullish or bearish?
*Disclaimer: Not professional financial advice, only invest based on your own research!
Vechain(VET) Update 22/08/21: 115% back to ATH Vechain(VET) Update 22/08/21: 115% back to ATH @ $0.28, currently VET is fighting some heavy resistance at the 38.20% Fibonacci level. From here we can expect a break above this level, and if the bullish momentum continues (especially after BTC's run to $50K) we could see VET pushing past the 61.80% fibonacci level @ $0.19 (47% Gain from the current price level). Further confirmation of the continued bullish move by another 13EMA and 50SMA crossover on the 4H chart. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28. Vechain has tested the 200SMA and broke above showing strong signs of bullish momentum. There is potential 220% Gain from Buy Zone @ 23.60% Fibs to the ATH @ $0.28. Vechain is 62% up from the Buy signal triggered by the swing call script. From here we may have a small cool off period as VET is currently fighting some resistance at the 38.20% Fibonacci level. So far VET has gained +115% over the past 30 days and +45% over the past 7 days, we can expect continued momentum as the alts continue to slowly wake up and rise. Please see previous analysis below. Happy Trading :)
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 we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :)
Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below.
Update 30/03/21
Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10.
Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target.
See previous analysis below. Happy Trading :)
$VET #Hodl
Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28Vechain(VET) Update: 220% Gain from Buy Zone..Next Stop $0.28. Vechain has tested the 200SMA and broke above showing strong signs of bullish momentum. There is potential 220% Gain from Buy Zone @ 23.60% Fibs to the ATH @ $0.28. Vechain is 62% up from the Buy signal triggered by the swing call script. From here we may have a small cool off period as VET is currently fighting some resistance at the 38.20% Fibonacci level. So far VET has gained +115% over the past 30 days and +45% over the past 7 days, we can expect continued momentum as the alts continue to slowly wake up and rise. Please see previous analysis below. Happy Trading :)
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 we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use the Buy Zones to map your Buys or simply for dollar cost averaging. The Fundamentals are great for this project and we are very bullish on Vechain and can see EOY price target between $2 to $5. See previous analysis below. Happy Trading :)
Vechain(VET) Update 05 /04/21: VET perfect bounce from Buy Zone 4 37% Gain to $0.11. See previous analysis below.
Update 30/03/21
Vechain(VET) looks ready for another 37% Gain to $0.11. Since the 27th March Vechain has been consolidating between $0.087 & $0.097 range. Stochastics are now showing an oversold market and VET looks ready for continued Bullish momentum to the upside. Be patient with your entry as we expect VET to test the 78.60% Fibonacci level before confirmation of a move towards our target at the 127.20% Fibonacci level @ $0.11. Failure to test the 78.60% Fibonacci would see a 12% Gain from the current level to the previos ATH tested on the 22nd March @ $0.10.
Use the Buy Zone ($0.088) to map your entry if you are not already riding the current wave, from here you can DCA to accumulate more coins, 37% Gain to our $0.11 price target.
See previous analysis below. Happy Trading :)
$VET #Hodl
Update 23/03/21
Vechain(VET) looks ready for another 46% Gain to $0.11 at the 127.20% Fibonacci level. Stochastics on 4H showing an oversold market at this price level. On 22 March VET reached $0.10 on the Binance exchange. Since reaching this price level, the price broke below the 13 EMA and 50 SMA as the profit takers came into the market after 21 days of this strong bullish continuation pattern. Although we have broke below both 13 EMA and 50 SMA , overall VET is still bullish and we can expect a bounce from the price pushing above the 50 SMA but be patient as they may be more profit takers in the market. There is a high probability the Bulls will take back control and continue to keep pushing the price higher. Currently VET is showing signs of a weak retracement just below the 78.60 Fibonacci level. Use Buy Zone 3 to map out your Buys from here and if the 13 EMA crosses below the 50 SMA , we will be looking to DCA and Accumulate between the 61.80% to 50% Fibonacci level. From the 61.80% Fibonacci level we expect a 57% Gain to the 127.20% Fibonacci level, this would be the worst case scenario if we get a stronger retracement. See below previous analysis of a new ATH target @ $0.14 as this is the best case scenario from here. Happy Trading :)
Vechain Monthly Outlook Update 23/03/2021
Vechain(VET) Explosive Move New ATH Target, 62% Gain to $0.14, we are very confident this new price target will be reached over the next coming days/week(s). Stochastics showing an oversold market on the 4h
*Update Vechain Outlook 20/03/21*
Vechain is still on course to our 127.20% Fibonacci level, beautiful continuation pattern. Some great Buy Zones to DCA in this channel. New Target @ 161.80 Fibonacci, lets ride this wave to $0.11, 24% Gain from current price level.
Vechain dropped into the perfect Buy Zone zone to enter if you’re not yet in or want to dollar cost average if you’re already riding the current wave. Happy Trading :) See previous analysis below.
*Update Vechain Outlook 18/03/21*
Road to $0.10 is clear, we are still in a strong continuation pattern in search of new ATH at the 127.20% Fibonacci level in the short term. Use Buy Zone 3 to set up your buys, perfect sniper entry would be at the 78.60% Fibs (33% Gain to 127.20 Fibs). Watch for price action as we may see a small retracement down to test the 50 SMA just below the 78.60% Fibs before pushing to the upside towards the $0.08 price level and further $0.10 (40% Gain to 127.20% Fibs).
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
VET may be ready for a PullbackIf you take a look at the RSI it indicates we've created a Triple Top which is usually followed by a pullback. If we do get a pullback we may fall too .125. This would be a great buying opportunity if you're looking to average down.
There is a possibility we fall to the middle resistance (.130) get a Touch & Go then push through the upper resistance at .137! It will be an exciting start to the week.
VeChain Aug. Price PredictionI'll be giving you 3 Price predictions as we move through the month of August.
Let's say the Bill gets really drug out maybe another week, week & a half then we will most likely see a consolidation phase in full affect. Would end the month between .08 - .10.
The Bill gets cleared up we may start off with the last pullback before a nice Uptrend kicks end, which would send us to a resistance around .15 where I think we could end up.
Bill is clear & we begin to see Mass Adoption kick in we could see a Spike similar to the one in early April. If we replicate it or get near that we would be in the .30 range flying into September.
VeChain BullRun!Price 2017 bullrun: VEN (Vechain)
Date: 2017.12.16 , Price: 0,92$
Date: 2017.12.17 , Price: 1,25$
Date: 2017.12.18 , Price: 1,71$
Date: 2017.12.19 , Price: 1,41$
Date: 2017.12.30 , Price: 2,10$ ATH!
News: July 8, 2018 VeChain VEN to VET token swap.
vechaininsider.com
Prediction:
My opinion target: 2-3$ or high!
Info:
coinmarketcap.com rank number: 44
www.cryptoratesxe.com
💡Don't miss the great buy opportunity in VETUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07923).
. 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 60.
Take Profits:
TP1= @ 0.08989
TP2= @ 0.09526
TP3= @ 0.10170
TP4= @ 0.11550
TP5= @ 0.12250
TP6= @ 0.14157
SL= Break below S2
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