VEN is not looking strong atm. Most alts did .786 fib retraces. VEN Seemed to hold above the .5 fib for a while but broke through that level 2 days ago. We could be looking at a big ABC correction which would end around the .786 fib after all. Also you can see the lower volume in price on the VPVR indicator from price where we are now untill about the .786 fib where volume starts to pick up again.
08 March 2018
VeChain (VEN)
Global Food Safety Conf.
(Added 27 February 2018)
Sunny Lu & Luca Crisciotti announce first application for food industry at Global Food Safety Conf. in Tokyo, 08:15 UTC+09:00 8th of March.
I think this is why people holding now at 0.00038 - 0.00040, i guess we will se a fake brakeout to 50 and after we go down till june.
I will look at fib 0.681 possible entry would be around 0.00034 - to 0.00030, the best case would be fib 0.78 at 0.0002 that would be very healthy and hve been seen by other popular top 10 coins.
=)
Jackrl
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@Jackrl, so 0.00048 reached, now lets see how down it goes :)
Atlantean
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@Jackrl, Hey didnt see your previous message, apologies.
Yup, there are bagholders with big following on Twitter shilling the crap out of it to try and pump it as well. Its a combined effect playing out.
Yup 30k to 34k (ive been looking at 32k all along) incoming, just over an elongated period of time.
Lets keep them eyes peeled LOL.
FYI have you looked at LBC, its already bottomed (just as VEN needs to) and looking mighty ripe for the next alt-wave...?
Jackrl
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@Atlantean, hi dont follow this coin..
i was busy to short my btc...
ven dip began i see