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VeChain / TetherUS PERPETUAL CONTRACT

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VETUSDT.P trade ideas

Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next. 💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support. 💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout. 💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook. 💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move. 💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move. Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Vechain/Usdt h4We notice that the price has finished 3 impulse waves and the wave structure is not complete and lacks a final fifth wave. Now the price is in the fourth corrective wave that may reach the 50 Fibonacci levels of wave 3 since the second wave reached 61.8 Fibonacci. I do not think that the fourth wave may extend more than 50 percent Fibonacci. Therefore, at the 0.028000 area, we may see a strong price explosion upwards and the first target is 0.035000 and by breaking it, we may continue to 0.039960. I wish you success.
Long
by Abdelmalak
VETUSDTAs shown in the picture, the V-Chain factor was in a very deep correction from March 2021 to today. June 26, 2024, and then the price took off from the 0.012 levels with five very clear impulse waves. To the 0.05 levels and then. Then it made a correct triple ABC, as shown in the picture. And the fourth wave test returned, which forms a very strong support. With this currency? In light of this data, we entered the purchase of this currency from 0.02 by targeting the previous peak at 0.05, and by breaking it, the targets may extend to 0.09. From there, we may target 0.11 cents for this currency. Good luck to everyone, and if you have any questions, do not forget to leave them in the comments.
Long
by Abdelmalak
VETUSDT : VeChain Breaks Out of Descending Trendline VeChain is currently at a critical point, showing signs of potential upward movement and a strong support base. The chart indicates a recent upward trend following a prolonged decline. Resistances and Support: Resistance I: Around $0.02850, where the price might face difficulties breaking through. Resistance II: Near $0.03355. Support: Located at $0.02037, an important level that could hold the price in case of a decline. The Stochastic RSI shows that VET is currently in an overbought zone, which could indicate a possible short-term correction. Fibonacci levels suggest potential areas of support and resistance. The 0.618 level at $0.04772 is particularly important for the continuation of the upward trend. VeChain has stood out with strategic partnerships including companies like BMW, Walmart China, and major telecommunications operators such as AT&T, T-Mobile, and Verizon. These partnerships are focused on areas such as supply chain tracking, food safety, and preparation for 5G networks (Crypto News Flash). Recently, analysts predicted significant upside potential for VET, with estimates that the price could reach $1.80 by October 2024, based on detailed Fibonacci analysis and other technical indicators. VeChain has also launched important technological products such as the VeWorld Mobile wallet and the VORJ digital asset platform, promoting the adoption of Web3 technology
Long
by ferulianov
VeChain (VET) to $1 by August 2024 ??On the above 3 day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal, higher highs higher lows replace lower highs lower lows. 3) Support and resistance, the black arrows, price action has confirmed support on past resistance. 4) The bull flag pattern. Price action breakout forecasts a move to $1 as measured from the 2020 impulsive move. Is it possible price action corrects? Sure. Is it probable? No. Ww Type: Trade Risk: <=6% Timeframe for long: You decide Return: 2000%
Long
by without_worries
26
VET/USDT in Weekly Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: VET is holding decent support at the current price level. The formation of a symmetrical triangle pattern in this weekly chart shows a nice breakout and retest. Key Observation: ~ Initial Support: $0.023. ~ Lower Support: $0.015. ~ Resistance: 50EMA at $0.0324. ~ Invalidation Point: Breakdown below $0.015. DYOR.NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
Is #VETUSDT Poised for a Major Breakout or a Steep Drop? Yello, Paradisers! Have you set your sights on #VETUSDT yet? 💎We've observed that #VeChain (VET) is testing a key resistance level $0.02686. If it manages to break above this resistance, there's a high probability of a bullish move. Recently, #VET has been following a descending resistance trajectory, and the recent break above indicates a potential upward trend. With the current bullish sentiment, if the price can sustain and the bulls remain in power, we can expect a move targeting levels above the strong resistance zone. 💎But what if #VET faces a strong rejection from the internal resistance at $0.02686 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543. 💎During this phase, many crypto noobs might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
VET - Falling wedge - Waiting on Breakout#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout occurs. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.03653 Stop Loss: 0.02987 ------------------------------ Target 1: 0.03959 Target 2: 0.04374 Target 3: 0.04893 Target 4: 0.05911 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo