ecoinamist

Vechain | Preparing for Alt Season!

BINANCE:VENBTC   None
To kick off the last altseason in December, I called Zclassic which has gone on to do a 50x from my call price.
Vechain will not do a 50x at this point, but 2 - 10x is still feasible.

I like VeChain a lot because of the fundamentals alone. This coin is actually extremely ahead of most coins in regards to adoption, even ahead of Litecoin and Ethereum .
VeChain already has a government contract with China to provide blockchain services.
Part of the service they provide is ensuring quality of products, and combat against the black market in China.

The above should be enough, but they will also be rebranding end of February, providing a nice catalyst for price action.

I like the support we are at now.
Support could break if Bitcoin goes to the lower $9k, which would give us an even nicer entry.
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I like this easy, simple chart. Super straightforward horizontal supports and resistances.

Entries: 56k, 51k, 47k
Short-term Targets: 63k, 69k, 79k, 99k

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