Recently had a name change from VeChain (VEN) to VeChain Thor (VET), this is one of the most famous cryptocurrencies out there. With a very strong project, it is in the top 20 cryptocurrency by market cap. Let's open up the charts, and see how we can trade VeChain.
Analysis:
- This chart looks quite different to most of the other charts we've been looking at...
VETBTC testing downtrend line, once broken, look for accelerated targets. Solid project, this could be the next RVN, keep your eye out.
Buy-in: 180-185
T1: 210
T2: 270
T3: 320
T4: 400
T5: 600
#VETBTC setup what I looking atm. $vet is on bearish divergence on 4H but remember still can go down and have that divergence. "Maybe" b is finish and if break above 195 (EMA200) that can be signal for long with tight SL. Break bellow last low best entry 160 - 165 & 140 best R:R. Remember there is 2 count for leg C. But in 1st case targets above atm is from 10% -...
RN VET is heavilly surpressed by whales, lots of fud, trying to push the price down by the weak hands
Why should we go up?
1) So many real world partnerships
2) hidden bullish div
3) whale accumulation
4) 65% of supply already locked in masternodes
5) 5-10 November 2018 | China National Import Expo
6) Many ICOs incoming
President Xi Jinping stated:
“It is not...
![VETBTC: [VETBTC] VeChain Trade [100%+ PP]](https://s3.tradingview.com/k/KEGi5iub_mid.png "[VETBTC] VeChain Trade [100%+ PP]")
