VeChain to the moon!
VET/BTC trading pair. Bullish divergence on RSI, MACD getting ready to send. Long term trend peaks at the green line multiple times. Golden cross (upward cross of 50d MA over 200d MA) incoming.
Coinciding with the coming crypto market overall bullrun, VeChain should see significant movement compared to bitcoin over the coming months. Should be fun.
Looking Good. 50MA and 200MA "Golden Cross" cross should happen in the next couple of days. We have maintained the ascending parallel channel, and we should be on our way to breaking upwards through it a few days after the cross. Merry Christmas VeChain hodlers!
How quickly things change. 50MA after yesterdays close went up above my projected trajectory, and we had a nice big green candle for today, closing in 2 hours. If we keep that candle, 50MA will be jumping yet again. I adjusted my projections. I have it happening on the 18th now, but could be even sooner.
I have opened a Long position. $0.03 is the upper end target.
50MA and 200MA were about to cross, but the 50 leveled off a bit. But, if we assume future price = MA price, In ~14 days the 50MA is going to spike upwards through the 200MA. We are currently above those MA prices however, so this should happen even sooner assuming we hold above those MAs of roughly $0.013-0.014. We would need to drop below those MA prices to...