Vechain showing signs of life. Keeping an eye on this one.
Buy under 0.00052. Seems like VENBTC (Vechain) is breaking out soon, perhaps in a few days time. VENBTC rebranding event this month would serve as a catalyst for the breakout as well. Profit target will be a little under 0.00090.
We got a breakout from Vechain the strong confirming the Bullish movement! Buy 0.00055 Stop Loss: 0.0042 Targets: T1 0.00065 T2 0.00080 T3 0.0011 Remember that the Vechain rebranding is on 25th of February,, So T3 is not far from reach! Good Luck.
In my previous post , I highlighted the strong support line for Vechain in the VENETH graph: That support is still intact and we are still trading quite close to it. For those who wish to open a longer term position in "VEN", this is likely a decent entry point, especially given the fundamentals going for it (do visit my website for a fundamental take),...
Awesome set up here on VEN. A great project with a great team, and they've got a rebranding coming up on Feb 26th (so long as they don't change the rebrand date again). The price should pump leading up to that, hence it's a great short/mid term trade and a great long term hodl. Bullish indicators: - Recent breakout from a falling wedge - Bullish on daily...
I just made a live TA on my youtube account and now I post the chart here. I expect big potential profit for Vechain upcomming month, will all the news and rebranding there is a lot of hype around it. So I expect it to hit the 0.00129 btc soon!
I really like this coin's tech and dev team, along with the wedge forming here and its relatively strong hold during BTC dip the last week or so, could see green soon. About 40% from ATH's too.
VEN just got done with a standard 5-3-5 ABC correction. Wave 1's impulse wave up was confirmed with Wave 2 ending at the .786 Fib level.
MacD is about to reverse to bullish indication v soon on all of the hourly charts. On the daily chart, looks like a day or two of bear or sideways trading, and then a very good rally. I'll come back and update when we get closer to the breaking point.
VeChain is a very strong project with support from many major fortune 500 companies and government entities. By the end of February, VeChain's rebranding to VeChain Thor will be met with a period of bullishness which adds to this projection. Best of luck and make sure that you are practicing safe trading techniques :^)
Go easy on me guys, this is my first published TA! Still going through ABCDE correction. Rebrand event coming up on the 26th of February, looking for a run up the week prior. Dependent on what BTC does. Entry: 38k - 46k Tarket 1: 75k Target 2: 82k Tarket 3: 96k
sell ven like chart says . re-buy it around .00019
VEN stil sticking to that midterm trend line and has yet to break down. although it is following it quite closely, keep an eye out for possible future breakdown to lower trendline if it doesnt bounce upwards
Looking for VEN to finish an ABCDE correction to previous level of support before it made the swing up to the local ATH.
Next target is 82000 satoshi Then 130000 satoshi
VENBTC is in a pennant and close to support. It will likely test it again before going up. If it breaks, it will retrace to the next support line, where I'd recommend an entry. RSI supports upwards movement. Remember to set your stoplosses when you enter: markets can sometimes be irrational. If I made you money, please consider buying me a beer to make my day:...
VEN needs to hold support AT or ABOVE the local 618 FIB to pop-off onto the short-term 1.618 extension. If support isn't made AT or ABOVE the local 618 FIB, then we can expect the retracement negative-momentum to continue as we move towards previously untested levels of support.