VENBTC currently is still trending upwards. A lot of support is present in the 50-56 range. 1. Old ATH: 54 (now acting as support) 2. Strong Trendline Still holds 3. 4hr Ichimoku Cloud- we dropped out of it but are entering back in. Perfect example of not chasing the pump. Patience will give you the entry if you wait for it. VEN is a great project with some...
Based on previous symmetrical triangles and breakouts at the end, VEN is a good choice for those who buying alts now
Conservative targets. Probably too conservative?
The chart speaks of itself.
VEN/BTC currently is still trending upwards. A lot of support is present in the 50-56 range. 1. Old ATH: 54 2. Strong Trendline Still holds 3. 4hr Ichimoku Cloud - we bounced out of this but now we are still back in. 4. 200day MA is still under the trendline . Perfect example of not chasing the pump. Patience will give you the entry if you wait for it. VEN...
VEN is beginning its Wave 5 climb, hopefully it will not be too affected by BTC volatility - @juni0rlancaster (aka BTCookieMonster)
Looks like VEN entering into the 5th impulse wave and going to target ATH @ 117679 (90% Profit)
With BTC having a correction that might be ending soon it is time to fill our bags with some goods. Vechain is looking real good it's forming a falling wedge and the rebranding on the 26th February could be the catalyst for a break to the upside a break of resistance trend gives us a buy opportuntity TP1= fib level Good luck!
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.
VEN has successfully broken out of the downtrend. Our previous trade is still valid and the long term support trend is still intact. Here is the trade we shared on Telegram on the 21st of January: Buyin Range: 0.00038BTC - 0.0007BTC Sell Targets: Target 1 ( 45% - 162% profit): 0.000996BTC Target 2 ( 113% - 293% profit): 0.001496BTC Target 3 ( 170% - 399%...