The big resistance to the price action is almost 30-40% away from current price. Based on how alts are moving , it could possible move 40% in a day or two.
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Read other analysis below. ( Over 90 % accuracy so far)
I've been following Vechain for a while now and fundamentally it's an astounding business - 250+ partnerships amongst which projects to e.g. put the supply chain of BMW right into the blockchain.
Quick post on the technicals + note that you can find my previous posts on Vechain here below in the "link to related ideas".
Recently, Vechain broke the long term...
I called the bottom and new "BIG BUY" moment for Vechain in my last post on April 12th (with the actual bottom at 01/04). You can see my graph back then here below (you can also click on it to see how it unfolded until now):
For obvious reasons, I cleaned up...
Many of us know VeChain (VEN) as the coin that regularly makes double digits gains and has almost recovered its losses following the recent correction, but what does it actually do? VeChain (VEN) can be rightly called as the Ethereum of business for its ability to bring transparency and oversight to business operations at every step from manufacturing to supply...
Today we are going to give you give a projection of one of our fav altcoins!
It doesn't matter if you are flipping this long or short term. Either way, now MAY be a great time to get in Venchain and see your crypto grow in front of our eyes.
ETH has pretty much destroyed VEN during the latest bounce and we expect at trend reversal if the marked keeps...
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!
See chart for embedded notes on where I believe VEN will lead next. This one has been a huge winner during the meltdown so what will it do now that the Crypto's are much stronger? I expect VEN continues to set records but lets see what the chart can tell us.
I already discussed Vechain Thor’s price movements at length in the previous articles:
- The TRUE buy & sell moments for Vechain (+ the next BUY moment!)
, and in its sequel:
- The TRUE buy & sell moments for Vechain (+ the next BUY moment!...
VeChain going to a Triangle closing with breakout to Long or Short way. Because of actual news/rumours I prefer the Long way, but actual Volume going more in Short way....we will see what the nexts days will show us.
last night we saw vechain announce a 50 million token lock up for there highest node for march 20th, "
i would like to add there ceo tweeting about the low price quote "I guess that’s the price of Transparency"
which is quite unprofessional but it seems to me that they are bothered by the current price.
vechains marketing team is smart for the short term price...
Unfortunately, we haven't found the bottom of the tea cup handle yet. I thought we found it last night with our 4H chart (was looking very resistant w/ green candle), but no dice Charlie.
I can't see us going down a lot more, but is definitely possible.
With rebrand coming up in less than two days, VEN is looking incredibly sexy.
VEN is currently in an ascending broadening wedge, looking to test the support line in the next couple days.
The OBV is testing support which has been holding in a solid uptrend. We are also seeing a bullish divergence in the OBV, another buy indicator. A bounce or false breakout is...