VeChain (VEN) is in an uptrend, a very strong one if you ask me. The Altcoins market entered a healthy and very normal correction and it is still within the consolidation phase of this correction, yet VeChain (VEN) wasn't really affected at all by it and it is now moving up strong within its established uptrend. Let's join this uptrend and ride it up all the way...
Hey, I am back with another Technical Analysis , this time looking at VeChain. I will just keep this one more simple this time. Taking look at chart. I have determined zone, where sellers were showing after run up, and than finding support here, currently this zone is a strong demand zone. Strong ressistance at 60,000 and support at 40,000, I see VeChain at...
VEN possible breakout on 4h chart , STOCH to be beaten or not ??Williams %R started wave ascending , let's see if we gain momentum and jump 10-15% short
Above I have outlined a cup and handle possibility with the handle retracing to 0.618 fib rather than 0.5 due to the volume and ichimoku cloud patterns acting as support during an upcoming correction. The bearish divergence on the RSI further adds to the upcoming handle. Two fib retracements show our next levels coinciding with the expected run we should get from...
Ladies and gentlemen, Here we have an excellent range play from VEN. Buy near bottom, sell near the top. The range is between 48K and 60K which gives you a nice range of 50-58K of play. That is about 16% of profit and you can rinse & repeat until we break 60K. This should last for about 30-45 days. The technicals behind this trade: We are currently in wave...
VEN is forming a lot of good looking signals here. 1) Flag Pattern (continuation pattern) - broke out in the upside from the pattern confirming its direction. 2) MA on the 1 day and the 2 day are crossing strong bullish. 3) If using the HVF setup; it broke out in the upside for pattern for two different Targets to take profit out from. 4) Looks to almost be...
VeChain (VENBTC) is sitting between support and resistance levels and soon we may see a breakout. If price rallies, we can expect it to reach the resistance area around 0.00063 before continuing higher. If price reaches the support level around 0.0005 we may also see a rally up to the resistance level. If we see a break through the support level, the next support...
This is an update on a previous analysis I did for VENBTC (link underneath this post) but now with Elliot Wave count as well. Analyses - After a big correction where we've retraced back to the significant .618 retracement level of around 32500 sats. - The retracement finished the ABC correctional wave and is the start of a nice run-up and a new impulse wave...
I'm extremely bullish on VEN. It has an amazing technology and partnerships ( lots to come as well) towards mainnet launch we will get several partnerships, wallet realease and many more! Targetpoint towards mainnet is imo at least 110k satoshi. tha't's like 100% profit from here on. Sounds crazy maybe but so is the project! Let the bullflag continue,...
With BTC looking like it's about to retrace, altcoins are also showing some bearish signs. 4H is overbought on VEN + showing a Spinning Top. Looks like it'll dip and retrace down to the 0.5 Fib Level and get closer to the Ichimoku Cloud support.
Hey Guys, VeChain is getting a lot of attention recently. EW count seems reasonable. EW invalid in case of droping under 0.618 Fib with full body! If only wick touches - we´re cool. Take care! Marek
Vechain will get into top 5-6 before the mainnet, mark my words
Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 7st of May 2018. Using this buy in point and selling at today's price, you would have expected to net 18.98% PROFIT!!! The increase in price may also be explained by positive developments including: March 27: Tidex (cryptocurrency exchange) lists VeChain. April 8: ...
Good day traders, I’m not a master of the charts, the professor, the legend, nor the king… but it doesn’t take a genius, not that the aforementioned personality is one, to realize where VEN is heading. I don’t work with head & shoulders, flags, pennant, etc… I’m a simple man. When I see green, I buy. As you can see, we’ve risen above a key pivot at 49500...
Confluence: Horizontal R, 61.8 on ATH to Apr lows, and 38.2 of fib extension from initial cycle to Apr lows. 1st Target is a safe sell to partial TP at least. RIde the rest up to 2nd target.
VEN seems to be consolidating in this range. I'm looking to make an entry soon ONLY if BTC can move sideways for a bit. I'm still a little bearish on BTC and believe it will form a H&S resulting in a pullback and alt bleed.