VeChain as of now has a circulating supply of 63 Billion coins and a maximum supply of 87 Billion coins. The most dynamic exchange that is trading VeChain is Binance. The 2-day VET/USDT Chart shows a conspicuous Doji flame delegated the mountain worked by VET.
The RSI likewise is by all accounts very overbought. The 2-day diagram, but not the longest graph, goes...
This post is really just for fun. I'm somewhat convinced that we're seeing the floor for many promising cryptocurrencies, so I'm finally starting to post some altcoin charts again. VeChain is a controversial one, at least in terms of investor sentiment. They have an unusually large community for a project with such a relatively small market cap. This may be a...
VET finally had a correction!
In my previous post, I shared that a correction is imminent for VET.
It is because the RSI was overbought.
In addition, VET was up 170%+ from its low.
Based on the chart, there is two buy zone.
The first one is at $0.0062-0.0063. If the price holds at this level, it is probable that it will test the $0.0092 resistance.
The...
The picture speaks for itself perfectly. LOL!
Kidding aside, VET is going parabolic because in the bigger time frame it formed a double bottom reversal pattern.
If you look at the chart, it formed a low around $0.003. This low was retested when the price drop at $0.0029.
When it bounced, a reversal was formed and the target price for short term profit is at...
VET is going strong. It perfectly held the 1st resistance line at $0.005. It also broke the 2nd resistance line at $0.0063.
However, the RSI shows that VET is now in the OVERBOUGHT territory.
So, I have two target prices.
The first target price is $0.0063. The RSI shows that we are in the overbought territory, the risk of falling or having a correction is now...
VET finally had a correction!
In my previous post, I shared that a correction is imminent for VET.
It is because the RSI was overbought.
In addition, VET was up 170%+ from its low.
Based on the chart, there is two buy zone.
The first one is at $0.0062-0.0063. If the price holds at this level, it is probable that it will test the $0.0092 resistance.
The...
ACC/DIST (-152mil 30th July '18, -5.4B today) is a strong indicator that Vechain Thor will continue it's downward trend into the near future. Also moving average against the USD is showing strong volatility.
On a positive note, China's big announcement during the week that it will be delving into the blockchain world. Created a positive spike in volume for VET...
After breaking channel volume appeared and lot of bullish signs make me think reversal is here:
- MACD signal crossing zero line
- ADX DI+ trendy bullish
- RSI over resistance (over 50) not happening since JUNE
- Stoch in bullish way
- EMA acting as a support and almost crossing bullish
- PA seems consolidating after breaking channel.
Next target is next fibo...
The 20 days and 50 days average for Vechain is $0.00752180 and 0.0075285 USD.
The first change in the price started at 01:07 GMT when the vechain currency opened the day at $ 0.00729779.
The current price is 0.35% and 0.44% over 20 days and 50 days moving averages, respectively, in 0.00755521 USD.
Opening this week vechain price addressed significant growth....
beware: take this with a grain of salt.
I'm really new to trading and just learning - so don't take my advice.
please let me know what you guys think - and if I have the right idea :)!
Thanks! Looking to learn more.
As you can see, buyers on the ACC/DIST Indicator now match patterns set in July 2019, before the dump. However Vechain is in a much stronger position this time round, to avoid this scenario playing out again.
Regards
EWH
VeChain is a blockchain-based enterprise supply chain solution to improve the business process. VET is the VeChain token that is utilized as a token of significant worth. VET can be utilized inside VeChain’s blockchain. VeChain has been seeing enhancements in its price from the most recent couple of days and an abrupt ascent of over 6% inside 24 hours has been...
14% Spike in the price of VET was experienced after the affirmation of the declaration of the supply-chain management firm will lead its future industry gathering in Singapore and the news was affirmed by CoinMarketCap. Vechain value breaking its continuous bearish force took a sharp spike of 14%. The key support areas for VET/USD pair $0.0032, $0.0036 and $0.0041...
I recently posted my 100 day forecast of VET, in this I stated that VET would continue it's downtrend in no great detail.
Here is a deeper analysis of why I initially thought this. Based on the facts i see.
Now if you look at the one day chart over the past 211 days you will see here I have established the historical trend lines.
Please note that the...
The cryptocurrency market is known for its extremely volatile nature, the price of cryptocurrency fluctuates in a matter of seconds. Vechain has recently gained a notable 6% in its price pushing bulls in the Green area, There are 3 large price swings in this period and the amplitude of its value is between $ 0.0032 to $ 0.0034. The initial value of the VET was $...
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