VEE had a long, long period of consolidation. Nearly 700 days. It is likely that most of circulating supply is with a very few whales at this point who will wait for any excuse to lift the price up significantly so they can exit.
VEEBTC is now challenging the EMA50 resistance while trading above EMA100/MA200.
Prices for VEEBTC peaked at 24 satoshis after breaking above MA200.
A correction followed with VEEBTC printing a higher low 16-Sept. compared to 9-March.
After this higher-low, we are now seeing prices back above MA200 opening the doors for additional growth.
The RSI is strong and...
Here we have BLOCKv (VEEBTC), getting ready to jump.
We are looking at the 3D chart; 3 days per candle.
The setup here is strongly bullish.
We have prices trading above EMA10 and EMA50 with very strong indicators. The volume is also going fully towards the bulls/green.
This pair can easily continue growing.
The next target is marked on the chart with a dashed...
VEEBTC (BLOCKv) just hit 12 satoshis for the first time since 4-March, this can be something good as it can become meaningless, but most likely good when you take into consideration the following signals:
BLOCKv Chart Signals by Alan Masters
First we have the 12 satoshis hit (0.00000012).
At the same time, this level is also a break of EMA50.
BLOCKv (VEEBTC) is now moving above EMA10 on strong bullish divergence with the MACD after hitting a new ATL...
This pair can easily grow higher if it can remain above 15 satoshis, which is the blue line on the chart as well as EMA10.
Now that this level is being conquered (daily candle needs to close for confirmation), we can expect VEEBTC to move higher.
disclosure not taking a position. This is a super risky trade. Just wanted to give a update
So vee dropped from 26 sats all the way down to 8. If you bought that dip you're up 50% congrats and get out while you can, i would not be holding much longer. It is currently oversold that was way too dramatic of a drop. With sequential you do have a daily 9 which...
So the ico hype and craze came with allot of cool ideas. Here was one that raised 20 million usd ico and started off trading at over 1000 sats think all time high was around .34 cents usd. Down over 99.9% from ATH. Down 90% from initial ICO. Is it going to meet it's doom and lose all speculative value? What happens if it does? Does the company die?
Time to pay attention at BLOCKv. It has been forming an ascending triangle for the last 75 days. This is one of the most consistent reversal patterns I see in cryptocurrencies. Additionally, a breakout above this triangle will set up a ridiculously good risk-reward trade.
BLOCKv (VEE) Overview
WHAT IS VEE?
The BLOCKv platform makes use of our native token called VEE, used to conduct transactions, publish, and bring vAtoms to life. Beginning when a vAtom is published, VEE will be used by the publisher to pay for sophisticated and long-running processes associated with vAtoms. With BLOCKv development tools, you build, distribute...
BLOCKv is based on the Ethereum blockchain and develops in the field of digital objects. The main focus of the development is on the creation and management of digital assets, content licensing and the transfer of such mechanisms on the blockchain basis. Every day we use the objects of the digital world, such as: photos, videos, various advertising banners...
Blockv has been trading in a falling wedge for some weeks now and it has reach the bottom with a possible bounce to occur.
Price forming divergence against RSI indicator, signalling possible bullish move.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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BLOCKv has found the bottom at 256 satoshis, where RSI oscillator formed a bullish divergence. Price went up and broke above the downtrend trendline and the 50 Moving Average. On the small pullback, VEE/BTC rejected the Moving Average and produced a new higher high.
The higher highs and higher lows pattern currently presenting itself, suggesting the continuation...
VEEBTC is presently trading at the bottom side of a channel and its expected to find its support there as the channel has been long enough to hold it up.
Trading Idea is well and clearly defined on the chart.
BLUE ..... Possible Buy entry
GREEN ..... Sell Targets
RED ...... Possible stop Loss