Vechain is a strong coin fundamentally and has it's main net launch near the end of this month. Accumulating this coin to the lead up of it's launch wouldn't be a bad idea. Technically we see VEN trying to re-test a strong resistance structure at 44973 after having a big sell off to 43222. As BTC is very bearish at the moment there's the possibility of being...
VeChain retrace was small and it is already bouncing and looking to start some action. We already have an open trade for VeChain (VEN), here is an updated entry point. VeChain (VEN) Trade by Alan Masters TRADE INSTRUCTIONS Buy in: 0.00045 - 0.00050 Note: Wait for the retrace before buying in. VeChain Targets by Alan Masters: (1) 0.000532 (2) 0.000622 (2)...
VEN is coiling up on a level. Last time it did this, it shot up 21%. Looks like history could repeat itself as 21% would be a perfect shot to the downtrend resistance. Also oversold on the daily.
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Friends and foes, welcome to this analysis of VEN-USD. I have analysed the daily chart of VeCHAIN with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get...
VEN/BTC has doing well the last time and is showing a fake wising wedge! No bearish RSI-divergence like normal. All the best!
Previous setup hit first target, I still bullish long term the wave count had changed. TA: - Golden ratio zone - Formation of 3rd of 3rd subwave FA: - Positive news regarding China supporting blockchain technology - Alpha Test Aplication 15 June - Mainnet 30 June TP: -1:1 for 3rd wave (never the shortest wave) - Previous high with around 1.27% extension -...
Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . Coins already meet the parameters include ONT BNB and EOS. ZIL...
Cant seem to find any good trendlines on VEN. Anybody having an idea? Trying to learn myself the basics of trendlines.
Yesterday VeChain (VEN) closed above 0.000533, it is aiming 0.000533- 0.000599 levels. VEN is above all the 4 moving averages, with red SMMA(21) crossing up the BB(21). This suggests a bullish trend upcoming. However, there's a strong resistance in the upper Bollinger Band, where VEN is almost touching, and the 0.23 Fib level broken and it is not retested yet....
Triangle pattern bearish if break out 44.5K satoshi, bottom of triangle to test 40K satoshi. bullish if pound above 50K satoshi, to test 60K satoshi.
Short at D target, stop loss at X. I'll take some profits at a 38% retrace of CD and let the rest of the order ride.
VeChain TA/FA before Mainnet release. VeChain is making Lower Highs and Higher Lows on the daily forming a Symmetrical Triangle. It's sitting strong after two bounces from the furthest retracement at .786 fib and once again .618 fib levels. Alts still depend heavily on BTC movement. Bitcoin is in bearish territory. If it BITFINEX:BTCUSD breaks above $8,600 -...