This time i am presenting you a bigger picture of an altcoin with amazing potential: VeChain.
I was honestly surprised by the perfect harmony of this technical analysis.
The intersection on the green support line of the triangle with the .236 fib retracement pattern coincides perfectly with the lowest price that VEN has hit in a while.
Hello Lads and Ladies,
Today, as 100% requested, we will be taking a deep look into VENBTC. Unbiased, since I am not holding any YET and thorough since it is one of the more interesting charts!
We will start off with the 4h view on it to have a brief knowledge of the situation here.
We can see here a clear downtrend since June 7th when the market started blood...
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...
Welcome everyone, hope you all are doing well. Let us look into another trading opportunity.
Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say.
Moving Average is curving upwards
RSI is showing Bullish momentum.
ADX and DI are...
VENBTC is going wave 2. Prepare to wave 3, target sold at 40% of Fibonacci.
Wait to get it.
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Falling wedge. Price currently at the bottom of Bollinger Band. Stoch RSI is oversold. RSI is showing a bullish divergence. I can see two support areas. The first one is marked with orange and the second one is marked with yellow. A safe trade entry could be once the falling wedge has a breakout. I took a risky chance and already entered the trade. My SL would be...
Hey my dudes, here's my take on the current VEN/BTC situation, I love this project and I'm definitely long on this one and it's looking like the stars are lining up for this. Here's the very short-term idea I have and I'll post a bigger picture if this one is correct.
Descending triangle indicating a continuation of the previous uptrend. MACD hinting upward movement. RSI trying to break the downward trendline. Once the triangle breaks on the upside, buying can be done at .00059000 with a conservative 10% profit target at .00064900. And a second target at .00080000 (previous resistance).
VeChain - Boy i love you so much <3 <3
VeChain is a cryptocurrency that wants to incorporate Blockchain and RFID technology and apply these technologies into logistics and become a the key if not major supply chain blockchain for business and enterprises.
This is a coin that I am absolutely extremely bullish on, but first we need to take a step...
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...