What a carnage, after great news with Walmart price hit 1 cent, now dropped almost 60% from that point. Really weak price action of this coin which can't even be shorted on leverage. Its telling you that the team is distributing it left, right and centre. At this stage it can consolidate in low 0.004s but double bottom is in play.
Buy : Close to 40 / 0.004$ as possible Sell : 45-50 / 0.00044$-0.00048$ Mid-Hold : 60-80 / 0.00058$-0.0008$ Stop : 38 /0.00038$
After breaking through the horizontal channel that existed for about 7 months, the coin formed a downtrend that has existed for more than 3 months. A falling wedge that could become a reversal pattern. The first target on the figure + 60%. Further on the situation, the price on the pump can reach the previous support of the horizontal channel which has now...
Vechain is at the critical point right now where I believe if we break up above 42 Satoshi Vet will have a huge rally for upcoming months. Reasons to enter: 1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries. 2. Bullish RSI divergence on Daily. Bears are losing steam. 3. Selling volume is decreasing. 4. Great R/R for long term...
That accumulation is getting a mini curve now.. For those who are interested this is probably a good place to begin stacking for a pump to a penny. Bets should be held up to March 2020 A good return here.
With Tim Draper behind VETchain I still see a lot of growth coming for this chain. They are working with some pretty large investors and these guys aren't trying to get rich quick. This is an asset I can see jump back to a penny no problem. I have dropped $500 USD on this just to see where it'll take me down the road. I wont hold it for the long term but as a 6...
VET looks like it wants to double bottom before a move back up. price and volume is dropping which is showing that the bottom is near before the reversal.
I'm expected VET will pump because : - hit bottom and bounce back - forming triangle pattern - hidden demand - VeChain buyback program (Fundamental)
First target is around 0.0093 - 0.0095
Trade opened today @ 0.009094. Previous closed cryptotrades : #4 : VET/USDT : Stopped : - 6.06 %. #5 : XLM/USDT : Stopped : - 8.1 %.
In accordance with my previous post regarding the same market, I am posting an update. I believe the trend is going to continue, however, there is a possibility that a buying window could occur around 0.0074, as the higher lows based on YTD chart with 1D candles show support a little below the above-mentioned price level. As always, I am open for discussions...
BINANCE:VETUSD Hey once again. Vechain like the rest of the coins i have charted is also in a strong accumulation area. We all await to see how China reacts to these mining bans,crypto bans,etc. since VET is chinesse.Neo already has started the pump,this might be next. Vechain had a very big amount of good news,releases recently. When this train moves,it moves...
We are doing Analysis of VETBTC on 1 Day Timeframe. I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
me if this flops: knowyourmeme.com