Trades999

BlockV (Vee) Huge risk/reward ratio. 100%+ target (Long term)

Long
BITTREX:VEEBTC   BLOCKv / Bitcoin
Please be advised that this is only an idea, so you are responsible for any losses yourself.

Dear followers,

First of all, don't forget to follow and like my ideas. Don't hesistate to ask me questions or to post your chart below. I like to discuss charts in a normal way. :) Besides that, I also give updates and trading ideas on Twitter.

Let's share this quick idea with you. I just filled my bags with some Vee, not because I saw this chart, but because I spotted the VEE/USD chart. Unfortunately this chart isn't available on TradingView.

I'll try to describe the VEE/USD chart. For example check it on Coinmartercap.

Vee is in a downtrend since it's all time high. The coin is bottoming out around three cents for a couple of weeks now. We also find a strong support from 2017 here. Fundamentaly, the coin reached a reasonable marketcap and for me this coin has a fair price to buy again.

What I like on this coin is that they don't focus on marketing. They want to prove it with good developments and the last one we saw was the launch of a devolepment platform to build smart assets. The have a very hard working team available and the things they launch are from high quality.

On the BlOCKv/BTC chart, VEE tested the 0.00000529 resistance twice. The last time we tested it, was on a double volume as we saw March. We can see VEE trading in an ascending triangle now, what are excelent circumstances to buy in. Besides that, the daily macd is positive and RSI is positive. Remember that is also has a strong bottom on the VEE/USD chart.

I'll give the targets in USD this, so you have to check it on another chart than this one. Also remember that I've based this idea on the same chart. But also the VEE/USD chart looks positive. I also expect, this coin will absolutely beat BTC next months.

Buy: Now

Profit target:
Target 1: $0.07

SL: $0,024

This might be a long-term trade but it looks like it's absolutely worth it. So, lean back and profit. :)

By the way, I'll update the BTC chart as soon as needed. At the moment we are still testing the 50ma weekly. So we don't have a new sell signal yet.

Please, follow and like for more trading ideas.

Questions? Feel free to ask and your feedback is welcome!

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