VeChain / USD Technical Analysis: Breaking The Shackles

VeChain / USD Technical Analysis: Breaking The Shackles
фото показано с : cryptobriefing.com

2019-3-21 18:07

VeChain is bullish in the short-term, with the cryptocurrency surging to a fresh 2019 trading high Bulls have ignited an inverted head and shoulders pattern on the four-hour and daily time frame The cryptocurrency’s medium-term outlook continues to improve VeChain / USD Short-term price analysis

In the short-term, VET / USD remains bullish with the cryptocurrency surging to a fresh 2019 trading high.

The recent rally in the cryptocurrency has ignited a bullish inverted head and shoulders pattern on the four-hour time frame, which shows scope for further strong gains.

Technical indicators are currently generating a buy signal on the four-hour time frame.

 

 

VET / USD H4 Chart                                                 (Source: TradingView)

 

 

Pattern Watch

The VET / USD pair could add over twenty-five percent to its value if the pattern reaches its full upside potential.

MACD Indicator

The MACD indicator on the four-hour time frame is currently bullish and is generating a strong buy signal.

Relative Strength Index

The RSI indicator on the four-hour time frame is bullish, although it has moved into overbought territory.

VeChain / USD Medium-term price analysis

VeChain has a bullish medium-term outlook, with the daily time frame showing a major technical breakout underway above the neckline of a bullish inverted head and shoulders pattern.

The overall upside objective of the bullish pattern on the daily time frame would take the VET / USD pair towards levels not seen since November 19th of last year.

Technical indicators are bullish on the daily time frame, although they are starting to appear overstretched.

 

 

VET / USD Daily Chart                                           (Source: TradingView)

 

 

Pattern Watch

The recent breakout above the neckline of the bullish pattern is an important development over the medium-term; traders should expect further gains while price trades above neckline support.

MACD Indicator

The MACD indicator is bullish on the daily time frame and is signaling further upside for the VET / USD pair.

Relative Strength Indicator

The RSI indicator on the daily time frame remains bullish, although it has moved into overbought territory.

Conclusion

Both time frames highlight that a strong technical breakout is currently underway in the VET / USD pair, with the bullish patterns pointing to the November 19th as a likely upside target.

Ultimately, traders should expect further strong gains in the cryptocurrency while price holds firm above neckline support.

 

[{"date":1533315863000,"value":0.0150405,"volume":27894700},{"date":1533402260000,"value":0.013433,"volume":25670800},{"date":1533488664000,"value":0.013522,"volume":21604800},{"date":1533575065000,"value":0.0131551,"volume":21611300},{"date":1533661462000,"value":0.0139445,"volume":18505200},{"date":1533747862000,"value":0.0109855,"volume":23492700},{"date":1533834264000,"value":0.0112978,"volume":19767900},{"date":1533920362000,"value":0.0102241,"volume":48295200},{"date":1534006767000,"value":0.00877774,"volume":14152800},{"date":1534093173000,"value":0.00914947,"volume":10261400},{"date":1534179568000,"value":0.0081933,"volume":9746730},{"date":1534265972000,"value":0.00679058,"volume":25374900},{"date":1534352377000,"value":0.00868678,"volume":23022000},{"date":1534438781000,"value":0.0108413,"volume":46057000},{"date":1534525177000,"value":0.014079,"volume":89793800},{"date":1534611581000,"value":0.0115908,"volume":50153000},{"date":1534697985000,"value":0.013699,"volume":38316000},{"date":1534784368000,"value":0.0138448,"volume":39367700},{"date":1534870765000,"value":0.0142275,"volume":36347300},{"date":1534957163000,"value":0.0142298,"volume":69080100},{"date":1535043564000,"value":0.0143618,"volume":44321100},{"date":1535129964000,"value":0.0141106,"volume":24836900},{"date":1535216358000,"value":0.0154545,"volume":24426600},{"date":1535302762000,"value":0.0149595,"volume":22675100},{"date":1535389162000,"value":0.0167673,"volume":45098400},{"date":1535475564000,"value":0.0178881,"volume":47069000},{"date":1535561959000,"value":0.0170832,"volume":41075200},{"date":1535648364000,"value":0.0162043,"volume":24743900},{"date":1535734762000,"value":0.016808,"volume":29436400},{"date":1535821161000,"value":0.0183465,"volume":29638600},{"date":1535907562000,"value":0.0177303,"volume":24152000},{"date":1535993958000,"value":0.018139,"volume":20085600},{"date":1536080365000,"value":0.0195767,"volume":42791000},{"date":1536166757000,"value":0.0168957,"volume":43895200},{"date":1536253161000,"value":0.0156567,"volume":43915200},{"date":1536339563000,"value":0.0155909,"volume":30444100},{"date":1536425962000,"value":0.0156802,"volume":14283200},{"date":1536512361000,"value":0.0149028,"volume":23101300},{"date":1536599660000,"value":0.0140676,"volume":21079600},{"date":1536686362000,"value":0.0132601,"volume":18356600},{"date":1536772759000,"value":0.0126501,"volume":22581000},{"date":1536859159000,"value":0.0142592,"volume":30352200},{"date":1536949458000,"value":0.0139744,"volume":18567500},{"date":1537035857000,"value":0.0143824,"volume":15777500},{"date":1537122262000,"value":0.0140248,"volume":10374200},{"date":1537208662000,"value":0.0131087,"volume":17872900},{"date":1537295061000,"value":0.0130185,"volume":18581900},{"date":1537381467000,"value":0.0129169,"volume":14080600},{"date":1537467865000,"value":0.0132358,"volume":16784500},{"date":1537554563000,"value":0.0139148,"volume":34700300},{"date":1537641263000,"value":0.013856,"volume":21832400},{"date":1537727959000,"value":0.0138214,"volume":11072500},{"date":1537814360000,"value":0.013434,"volume":17146400},{"date":1537901062000,"value":0.0122614,"volume":17486100},{"date":1537987463000,"value":0.0127655,"volume":18196600},{"date":1538074165000,"value":0.0128355,"volume":15856000},{"date":1538160566000,"value":0.0132313,"volume":18211000},{"date":1538246961000,"value":0.0129118,"volume":13675600},{"date":1538333663000,"value":0.0129096,"volume":14666900},{"date":1538420064000,"value":0.0127973,"volume":12798400},{"date":1538507963000,"value":0.0130884,"volume":17645300},{"date":1538594357000,"value":0.0127163,"volume":13051000},{"date":1538680760000,"value":0.0129169,"volume":10143500},{"date":1538767160000,"value":0.0130606,"volume":8471740},{"date":1538854161000,"value":0.0129972,"volume":5345590},{"date":1538940564000,"value":0.0130185,"volume":4082550},{"date":1539026968000,"value":0.0136799,"volume":9687200},{"date":1539113362000,"value":0.0134544,"volume":8863710},{"date":1539199766000,"value":0.0132772,"volume":10839900},{"date":1539286164000,"value":0.0119138,"volume":14998700},{"date":1539372566000,"value":0.0115356,"volume":11247200},{"date":1539458963000,"value":0.0115042,"volume":6899020},{"date":1539545362000,"value":0.0116493,"volume":7258780},{"date":1539631769000,"value":0.0116201,"volume":16626000},{"date":1539718160000,"value":0.0119532,"volume":8630740},{"date":1539804563000,"value":0.0117084,"volume":10001800},{"date":1539891259000,"value":0.0113469,"volume":8100560},{"date":1539977660000,"value":0.0115184,"volume":10160200},{"date":1540064066000,"value":0.0114943,"volume":16237500},{"date":1540150464000,"value":0.0113822,"volume":11532300},{"date":1540237162000,"value":0.0110734,"volume":11982600},{"date":1540325663000,"value":0.0118026,"volume":21348900},{"date":1540412061000,"value":0.0116086,"volume":16127700},{"date":1540499360000,"value":0.011315,"volume":10435200},{"date":1540586061000,"value":0.0111054,"volume":11313700},{"date":1540672466000,"value":0.0109023,"volume":11507700},{"date":1540758861000,"value":0.0109525,"volume":12294100},{"date":1540845858000,"value":0.0104277,"volume":16585800},{"date":1540932566000,"value":0.0100908,"volume":13125400},{"date":1541019565000,"value":0.0104028,"volume":13934000},{"date":1541106265000,"value":0.0104638,"volume":12833500},{"date":1541193264000,"value":0.0104166,"volume":12237300},{"date":1541280267000,"value":0.0102963,"volume":10021100},{"date":1541367868000,"value":0.0106686,"volume":16980800},{"date":1541454557000,"value":0.0106572,"volume":15332100},{"date":1541541563000,"value":0.0111093,"volume":16686600},{"date":1541627964000,"value":0.0108456,"volume":17603500},{"date":1541714366000,"value":0.010578,"volume":11427400},{"date":1541801680000,"value":0.0102092,"volume":13045000},{"date":1541888387000,"value":0.0103026,"volume":6467480},{"date":1541975349000,"value":0.0100996,"volume":8169340},{"date":1542062063000,"value":0.00993867,"volume":9373980},{"date":1542149057000,"value":0.00928265,"volume":12704600},{"date":1542236082000,"value":0.00829293,"volume":16781200},{"date":1542322762000,"value":0.00776716,"volume":13500300},{"date":1542409182000,"value":0.00758916,"volume":9908600},{"date":1542496155000,"value":0.00769002,"volume":10393000},{"date":1542582869000,"value":0.00766411,"volume":9600440},{"date":1542669561000,"value":0.00613767,"volume":19465000},{"date":1542756563000,"value":0.00523726,"volume":17845300},{"date":1542842963000,"value":0.00574644,"volume":11925900},{"date":1542929362000,"value":0.00533976,"volume":7486500},{"date":1543016067000,"value":0.00512898,"volume":8175490},{"date":1543102464000,"value":0.00456451,"volume":6552370},{"date":1543188872000,"value":0.00462151,"volume":8661920},{"date":1543275267000,"value":0.00430578,"volume":8325790},{"date":1543361666000,"value":0.00444737,"volume":7388980},{"date":1543448068000,"value":0.00523179,"volume":15365900},{"date":1543534467000,"value":0.00533064626606,"volume":11411956},{"date":1543620865000,"value":0.00478835673004,"volume":10009716},{"date":1543707266000,"value":0.00508557730598,"volume":7261000},{"date":1543793667000,"value":0.00498182827811,"volume":7126634},{"date":1543880066000,"value":0.00456805738026,"volume":7550778},{"date":1543966466000,"value":0.0045906903151,"volume":7592892},{"date":1544052863000,"value":0.00450672648351,"volume":7444031},{"date":1544139265000,"value":0.00424448675071,"volume":10401890},{"date":1544225666000,"value":0.00387948824411,"volume":13042717},{"date":1544312066000,"value":0.00392269986421,"volume":7390345},{"date":1544398468000,"value":0.004069623475,"volume":6571060},{"date":1544484873000,"value":0.00382930697321,"volume":5915500},{"date":1544571266000,"value":0.00372948693316,"volume":4140468},{"date":1544657668000,"value":0.00368468643372,"volume":6076480},{"date":1544744066000,"value":0.00353025622358,"volume":4736888},{"date":1544834973000,"value":0.0034013215182,"volume":4600915},{"date":1544921382000,"value":0.00338358822625,"volume":3057062},{"date":1545008083000,"value":0.00343756811588,"volume":3761225},{"date":1545094466000,"value":0.00402612180753,"volume":9866750},{"date":1545180866000,"value":0.0041523570555,"volume":6984926},{"date":1545267269000,"value":0.00421946946648,"volume":10477727},{"date":1545353670000,"value":0.00458189959709,"volume":8965242},{"date":1545440063000,"value":0.0044672693048,"volume":11144824},{"date":1545526465000,"value":0.00466572930992,"volume":7386142},{"date":1545612865000,"value":0.00495055200377,"volume":7250926},{"date":1545699268000,"value":0.00447365235034,"volume":11687779},{"date":1545785667000,"value":0.00440945834295,"volume":6647364},{"date":1545872078000,"value":0.00440509428608,"volume":4560943},{"date":1545958469000,"value":0.00394568742638,"volume":5813187},{"date":1546044866000,"value":0.00442521147555,"volume":6553645},{"date":1546131270000,"value":0.00412847536303,"volume":6172914},{"date":1546217662000,"value":0.00422229114392,"volume":5438083},{"date":1546304070000,"value":0.00397527717211,"volume":5793899},{"date":1546390467000,"value":0.00412142982238,"volume":4838742},{"date":1546476865000,"value":0.00421485579554,"volume":5260347},{"date":1546563269000,"value":0.0040135906649,"volume":4277959},{"date":1546649660000,"value":0.00413000505361,"volume":4527434},{"date":1546736068000,"value":0.0040942485164,"volume":4614861},{"date":1546822465000,"value":0.00435497988936,"volume":5974592},{"date":1546908865000,"value":0.00419551018481,"volume":5216755},{"date":1546995268000,"value":0.00439490605973,"volume":7121235},{"date":1547081678000,"value":0.0048132139952,"volume":12346661},{"date":1547168067000,"value":0.00406560257823,"volume":12947141},{"date":1547254460000,"value":0.00405825051746,"volume":6451632},{"date":1547340866000,"value":0.00401336371234,"volume":4391694},{"date":1547427263000,"value":0.00382383460143,"volume":5459866},{"date":1547513671000,"value":0.00406480542404,"volume":4996327},{"date":1547600068000,"value":0.00392110024878,"volume":3374342},{"date":1547686473000,"value":0.00396590635845,"volume":5028537},{"date":1547772871000,"value":0.00423236461077,"volume":10926638},{"date":1547859264000,"value":0.00409117113539,"volume":6423183},{"date":1547945649000,"value":0.00410667085305,"volume":4923361},{"date":1548032045000,"value":0.0040536712974,"volume":5859365},{"date":1548118450000,"value":0.00411869660973,"volume":6898141},{"date":1548204845000,"value":0.00447073790901,"volume":15372111},{"date":1548291248000,"value":0.00439126673229,"volume":9235666},{"date":1548377649000,"value":0.00442585097836,"volume":6268331},{"date":1548464049000,"value":0.00437315418809,"volume":4811333},{"date":1548550444000,"value":0.0043668891904,"volume":4774505},{"date":1548636847000,"value":0.00416052068564,"volume":6474507},{"date":1548723248000,"value":0.00391139399707,"volume":7415314},{"date":1548809649000,"value":0.0038716195003,"volume":4842763},{"date":1548896046000,"value":0.00406939423923,"volume":4686579},{"date":1548982447000,"value":0.0038992248378,"volume":6022247},{"date":1549068849000,"value":0.00391434697441,"volume":3563665},{"date":1549155242000,"value":0.00390266987644,"volume":2887265},{"date":1549241646000,"value":0.00386531947128,"volume":2739088},{"date":1549328049000,"value":0.00381963469175,"volume":3386730},{"date":1549414445000,"value":0.00377365314969,"volume":4094824},{"date":1549500848000,"value":0.00363734977563,"volume":4440129},{"date":1549587243000,"value":0.00370056424379,"volume":3389720},{"date":1549673646000,"value":0.00395534773705,"volume":5390935},{"date":1549760046000,"value":0.00402591701367,"volume":3578117},{"date":1549846445000,"value":0.00398518065948,"volume":5253450},{"date":1549932847000,"value":0.00390355201196,"volume":3249792},{"date":1550019248000,"value":0.00392573497875,"volume":3157897},{"date":1550105648000,"value":0.00389794256443,"volume":3160045},{"date":1550192045000,"value":0.00386230266779,"volume":2654133},{"date":1550278446000,"value":0.00396595628976,"volume":4004105},{"date":1550364847000,"value":0.00407833610355,"volume":8370075},{"date":1550451246000,"value":0.00414237606568,"volume":5640027},{"date":1550537647000,"value":0.00445698586406,"volume":7823563},{"date":1550624047000,"value":0.00424575245007,"volume":7239699},{"date":1550710447000,"value":0.00435598216978,"volume":5539306},{"date":1550796847000,"value":0.00448844007119,"volume":15331225},{"date":1550883248000,"value":0.00477119132921,"volume":18684544},{"date":1550969643000,"value":0.00500342676907,"volume":13960183},{"date":1551056042000,"value":0.00445516168226,"volume":17431977},{"date":1551142448000,"value":0.00454900765498,"volume":11974117},{"date":1551228846000,"value":0.00459529315432,"volume":13195387},{"date":1551315249000,"value":0.00459193310795,"volume":11243839},{"date":1551401643000,"value":0.00459007057337,"volume":8942658},{"date":1551488046000,"value":0.00458409047612,"volume":8725829},{"date":1551574446000,"value":0.00451481471747,"volume":7636011},{"date":1551660849000,"value":0.00446548964814,"volume":6924951},{"date":1551747247000,"value":0.00427310113276,"volume":9565937},{"date":1551833648000,"value":0.00432815586068,"volume":8856087},{"date":1551920048000,"value":0.00438193772649,"volume":6826097},{"date":1552006446000,"value":0.00452090852891,"volume":9962255},{"date":1552092847000,"value":0.00443166228712,"volume":10322210},{"date":1552179247000,"value":0.00484794724997,"volume":14824043},{"date":1552265647000,"value":0.00472942358357,"volume":12138592},{"date":1552352047000,"value":0.0046318194208,"volume":10214284},{"date":1552438446000,"value":0.00525642394804,"volume":28990083},{"date":1552524842000,"value":0.00510877478199,"volume":16353329},{"date":1552611246000,"value":0.00518258432968,"volume":13301989},{"date":1552697647000,"value":0.00534548472827,"volume":11248983},{"date":1552784049000,"value":0.00531380044597,"volume":10756632},{"date":1552870448000,"value":0.00528238874841,"volume":9021577},{"date":1552956844000,"value":0.00532627023984,"volume":9784479},{"date":1553043247000,"value":0.00542373524958,"volume":10980819},{"date":1553119149000,"value":0.00567090281193,"volume":18936704},{"date":1553179221115,"value":0.00561634205046,"volume":24320061.4692}] VeChain
(VET) Price $0.0055 Market Cap $302,901,577.21 #ccpw-ticker-24322 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24322 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24322 a.tabperiods.tabperiods_active, #ccpw-ticker-24322 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24322 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24322 .coin-container:after, .ccpw-container_four #ccpw-ticker-24322 .coin-container:after {border-color:#ccc !Important;} Join the conversation on Telegram and Twitter!

 

Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment.

The post VeChain / USD Technical Analysis: Breaking The Shackles appeared first on Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

VeChain (VEN) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0408791
Капитализация $0 Rank 99999
Цена в час новости $ 0.1917 (-100%)

vechain analysis usd technical shackles breaking terms

vechain analysis → Результатов: 8


VeChain Price Analysis VET / USD: Rising Star

VeChain has a bullish short-term trading bias, with the cryptocurrency advancing to a fresh 2019 price high The four-hour time frame shows that a strong bullish breakout has occurred The daily time frame is showing that multiple bullish patterns have been triggered Fundamental Analysis VeChain has surged after the project announced the launch of the […] The post VeChain Price Analysis VET / USD: Rising Star appeared first on Crypto Briefing.

2019-6-25 16:16


VET / USD Price Analysis: Consolidation Period

VeChain has a bullish short-term bias, with the cryptocurrency continuing to trade above major technical support The four-hour time frame shows a bullish descending triangle breakout in progress The inverted head and shoulders pattern on the daily time frame has now reached its upside target VeChain / USD Short-term price analysis VeChain has a bullish […] The post VET / USD Price Analysis: Consolidation Period appeared first on Crypto Briefing.

2019-4-20 18:09