"Vechain (VEN) is a blockchain ecosystem for businesses and governments. They combine the best of Ethereum with their own Internet of Things (IoT) and RFID technologies to provide solutions to fight counterfeit goods, improve supply chain management and product assurance." - Boxmining It's also called many times as "The Sleeping Giant". Okay! Indicators! *RSI...
Everything seems to be adding up for a great run for VEN For more comments see my previous VEN TAs
I was expecting to break out first, but no, VENBTC was faster! Overall the market is bullish at the moment, so $VEN should have enough momentum to go to the second target. But I always recommend not to risk it and take the opportunity to take some profits at target 1, at least 10%. This is the best way to protect your investment, care free. And yes, don't FOMO...
In a earlier post, I mentioned that this breakout was going to occur. Now that it has happened and a lot of volume was included, we can stay bullish about this coin. A retest of the old resistance could be retested and this can be seen as a buying opportunity. In case there would be a larger correction, a retest of the trend line is possible too. Now there still...
This coin has seen massive pump following rumor and heavy hype. Vechain has a great new partnership with a company called Fanghuwang. That other company company has 3.3 billion dollars of assets under management; unfortunately reliant on the global consumer debt bubble that has totally swallowed China whole at this point in time. Great partnership? Probably, but I...
This looks like a nice rectangle with a possible pennant at the end. I'm aiming to enter at around .00054, breakout to ATH. Otherwise could come back down and even break through the bottom support if the markets turns bearish.
Ven has been following a bull trend for a while and is now retesting its ath. In case we break out, the rally should continue and the targets seem possible as there is a lot of good news and hype around ven at this moment. We should keep an eye on btc as the correction still seems to be ongoing.
A friend brought VEN-BTC to my attention, tradable on Binance. I'm impressed with how little the correction held sway on it. Notice how oversold it is despite holding onto very strong bullish direction. I see a flag formation and this is a blue sky bull trend, so I'll look for the volume to constrict as well as the price to obey the triangle, and then a...
NOTE: I am a complete beginner and amateur. Just wanted to draw a triangle, starting out with charts, trying to see patterns, learning the basics and curious to see if it will bounce within lines or actually break out. Anybody that wants to give a slightly deeper insight, tip or advice is more than welcome. I'd really like to learn more.
VEN is an established coin which is trending and increasing its popularity as time goes by. Chart suggests a gradual bullish trend with an opportunity to dip buy. Support level stands at 42,000 area. Anything below is considered a bargain buy for short and mid-term investors. VEN has the potential to return to upward trend and beyond. Overall chart is a good...
Ven is very bullish right now and headed for the .768 fib level. 40% gain potential. As always be cautious.
VENBTC is holding surprisingly well to the BTC correction. It is currently forming a bullish pennant; looking to break in the next 24-36hrs. Buys in the green zone and set your stop loss in the red zone. As you pass each target ; move your stop loss to the previous target / stop-loss zone.
This TA is a bit out there as I see it as being very optimistic; that being said I could see VENBTC following its pattern of sudden growth that it has been experiencing in the past. Currently forming a pennant on the 60min chart ; it could break anytime soon.
Combined Pitchfork - Fibonnacci retracement analysis clearly showing us how VEN-pricing moves, e.g. how it reached quite the high in the last week and how it bounced back to specific resistance and support levels as laid out graphically. I highlighted some interesting stuff in the graph, and yes it looks a little bit like a colour book ;-) BUT: it can tell us a...
If an external event doesn't cause additional downward pressure on the market, VEN is set to breakout in the coming days. Formation of a symmetrical triangle, a BB squeeze and a rise in the DMI+ and ADX creates a favourable scenario for VEN. Coupled with fundamental analysis (upcoming rebranding and current airdrop), positive movement is likely.
After an explosive move higher, VeChain has consolidated and pulled back to its rising 8 day moving average on the Daily chart. It has broke its purple pivot line signaling a possible trend change back higher. I'm seeing new fresh volume coming in as it makes a new push higher. Long BINANCE:VENBTC / BINANCE:VENETH