VET is dumping strongly after been rejected from the 0.24$ zone. Now it is heading to the 0.16$ zone or even 0.1$ zone in this May
However, if it could conquer the 0.24$ zone, it will move up to 0.35$ zone

📈RED PLAN
-Buy: 0.156-0.164$ if A. SL if B -Buy: 0.097-0.103$ if A. SL if B

📉BLUE PLAN
-Sell: 0.235-0.245$. SL if A -Sell: 0.156-0.164$ if B. SL if A

🟣PURPLE PLAN
-Buy: 0.235-0.245$ if A. SL if B -Sell: 0.34-0.36$. SL if A

❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
 Alert/Action  Notify at Price  Target Price  PnL  Timeline

Total PnL:

  • VeChain Thor (VET) is blockchain with the posited goal of "solving real world economic problems".
  • VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism, based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities.
  • The core protocol of the Vechain Thor blockchain has four meta transaction features: Controllable Transaction Lifecycle, Multi-Party Payment (MPP), Multi-Task Transaction (MTT), and Transaction Dependency.
  • VeChain has two kinds of tokens, VeChain Token (VET) and VeThor Token (VTHO). While VET has a fixed supply of ~86.7bn token, VTHO is issued as a block reward for VET staking AMs. VTHO is required for smart contract and transaction executions. Consensus is achieved on a threefold-level: (1) technical level, (2) business level, and (3) governance level.
  • The issuance of VTHO is adjusted via the on-chain governance model to stabilize the fiat-denominated transaction costs. This clear governance model differentiates between three kinds of voters with various operational permissions.