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.
VeChain (VENBTC) has been consolidating following the rally from the last few weeks. If price falls down to the support area around 0.0005, we can expect a new rally up to the resistance area around 0.0006. Once price reaches the resistance area, we can expect a reaction to the downside from there. If price breaks below the support area, we can expect the...
VEN/BTC - Ven has had a huge bullish set up that sort of came out of nowhere, it hasn't had its huge run like other coins during this bullish period and has broken out of its falling wedge formation which was the first sign of a quality buy, it has from there started forming a massive inverse head and shoulders formation which it successfully rallied through the...
VECHAIN is slowly moving up. Suggested targets and max target as shown. Good luck
VeChain, who doesn't know this coin with one of the best project, team, and partnerships in the crypto market and in the supply chain business in particular. And with their rebranding, masternode program, NYC Summit and upcoming mainnet launch in about two months, it will only get better. A strong coin with great fundamentals and potential. So let's take a...
Tenkan-Sen (Zero Point Blue) Kijun-Sen (Base hat, red) broke up under the price. We can say Weak. In addition, ChikouSpan (Delayed period curve-green line) shrank the price up the cloud. We can wait for the oscillators to break completely or make a fractional purchase for a definite confirmation. Lots of earnings.
We can see H&S was succesfull and we gonna down more i think.
VEN (VeChain) has a very strong chart showing. Recently it broke the Symmetrical Triangle towards bullishness and is now challenging the local 'Double-Top' resistance. If it breaks this, which seems likely, then we should see a rally up to the next resistance levels where it could retrace and find support on the current channel's resistance (turned support). Once...
90% alt charts are looking crazy! Venbtc is about to break out from the triangle & is sitting on the 0.5 Fib level Rsi is having a bullish divergence & so does the MACD I expect some 10-20% profits in the coming week!