While VEN/BTC hits another ATH, we're looking at what is an ABCDE correction most likely, before VEN has the chance to breakout of a squeeze and make a 3rd wave run.
A flat surface/top has formed on VEN (red horizontal line). Once broken it will most likely continue the bullish run.
Vechain, VEN, is a great long term buy. Price is currently at buy support. Look for this trend to mimic historical performance.
The dip was bought up aggressively and now ATH are being realized. Time to buy imo
VENBTC has been riding the 8/21/50dma , building bases and breaking out. Looks good long.
VeChain (VEN/VET) chart looks good, with basing and breakouts on volume while riding the 8/21/50d moving average. Still long
Update on Vechain. my old TA and call on VEN got deleted, so here is the update. I'm so happy VEN really listened to me and broke the old all time high. kidding of course... but indeed after a few days slowing down after the THOR announcement, VEN starts again to go up. Take some profits when it hits. you can either reenter when it goes down or use it for...
No need to panic but some bearish signs emerging. 30min, hourly, 4hr all showing negative on macd. If that daily ever crosses on such an overextended price lookout! That said so many newbies into the market (bittrex not taking new people) most daily verification processes taking 2 weeks (at least here in Australia) it should easy hold on new money alone. I...