Let's have a look at this crazy graph, in our great expectation of Monday 26/02 - rebranding day! In my previous posts I called the first buy and sell moments in 1 and 2 respectively. Then we got to the end of the white triangle formation with all indicators going for it, Vechain broke out. It moved right up to breaking out of triangle number 2. (I made...
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...
Classic tea cup already formed. New partnerships will concrete down the uptrend. Whales are selling off now, good time to buy.
All, Just checkout the chart and let me know your thoughts even if it does fall out there support to catch it.
There are 2 different pathways VEN can follow. When looking at the current market I expect VEN to follow the Yellow ABCDE Elliot waves, expecting a correction. The pathway will be determined in the green box. - This is just a rough analysis I did for myself. Feedback is very welcomed!
In my previous post , I highlighted the strong support line for Vechain in the VENETH graph: That support is still intact and we are still trading quite close to it. For those who wish to open a longer term position in "VEN", this is likely a decent entry point, especially given the fundamentals going for it (do visit my website for a fundamental take),...
VEN has been consolidating and going through some wave patterns while BTC/ETH figure out what they want to do. We've seen some ALTs climb today. Will some volume get dumped into VEN? Obviously any chance of making a break to the upside is dependent on BTC/ETH staying strong/neutral.
Let me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin. We are IN the buy zone NOW! Key points: 1)VEN has a strong trend line that has not been breached 3)VEN has not made it's 5th wave up Keeping in...
I like the bounce off of the 60k level. Plenty of buy support below the 65k level as well. Not much sell volume down there anymore. Needs to break 68k to keep this vertical trend.
Ven is in a rising wedge (bearish), chances of breakdown are quite big + we're at the top of the pennant meaning we need to bounce to the below of the pennant, breakout should be after the bounce + you've heard it (buy the rumor, sell the news).. but it's VEN, you never know.
There is a beautiful rising wedge forming, if you love money you gotta short this perfect beauty.
This looks like a nice rectangle with a possible pennant at the end. I'm aiming to enter at around .00054, breakout to ATH. Otherwise could come back down and even break through the bottom support if the markets turns bearish.
Ven is very bullish right now and headed for the .768 fib level. 40% gain potential. As always be cautious.
Combined Pitchfork - Fibonnacci retracement analysis clearly showing us how VEN-pricing moves, e.g. how it reached quite the high in the last week and how it bounced back to specific resistance and support levels as laid out graphically. I highlighted some interesting stuff in the graph, and yes it looks a little bit like a colour book ;-) BUT: it can tell us a...
After an explosive move higher, VeChain has consolidated and pulled back to its rising 8 day moving average on the Daily chart. It has broke its purple pivot line signaling a possible trend change back higher. I'm seeing new fresh volume coming in as it makes a new push higher. Long BINANCE:VENBTC / BINANCE:VENETH