Vechain primed for a run!!Today we are looking at Vechain on the daily timeframe and one thing is pretty clear... we are ready and looking for a run to the upside, VET has seen a steep decline in price since mid November but that doesn't change the absolute brilliance and expanding business of this project! I am personally looking to pick up some more Vechain adding to my current bag around our current price and also if we see a little bit further of a drop. I have drawn out a buy zone that i am personally looking at, from where we are right now to the bottom 0 FIB level at just about 7 cents USD (0.0069). Looking at the BJ Key levels we are currently coming down turning a couple key levels back to resistance but more of what i looking at is the level directly above the 0 FIB, this represents strong key support and gives us a likely chance to see a nice bounce and reversal. Checking out the MACD we are looking okay but not very bullish as of right now, the histogram has had a tiny green cycle but is now on the way back down to the midline, now we could either see a push into a red cycle or we can likely see a bounce and another green cycle, what we want to see is an increase in green bars day by day showing a rise in bullish momentum, the blue MA is trailing back towards the orange where we could either be looking at a bearish cross or a fakeout and bounce, think we are very likely to see a bounce sooner than later due to the current downside we are facing! Checking out the RSI we are looking at a potential bounce here aswell, we are currently sitting right on the yellow simple moving average coming in for support for us and this spot also gives us an opportunity for a bounce, the main goal here is to make our way upto that midline and ultimately reclaim it, this is the most important step because it allows us to reclaim a confirmed uptrend, being stuck below the midline keeps us in a confirmed downtrend and being above and holding it puts us back into a confirmed uptrend! Not financial advice just my opinion!
Vechaintech
VeChain Scythe IdeaA scythe structure on VeChain
These usually result (from my experience) in bullish continuation
As we can already see a breakout is occurring from the also triple bottom on the Fibonacci circle
The bars pattern in green is what we can likely expect from price action in coming weeks
Very important close for Vechain!!!VET has been moving sideways along the 0.2 FIB level for some time now and seems to be getting dragged along with a big part of the market. We do really need to see a daily close above this 0.2 and hopefully see some bullish momentum bring us upwards. We look like we are getting stuck on the middle line of the bollinger bands and aswell holding the 0.2 FIB very strong. also the BB's are squeezing down on our candles and we could be loading up for a big move if we continue like this, could be bullish or bearish though. The reason i think this daily close is so important is because if we don't hold the 0.2 thats bearish in itself then we add on the chance we start riding the bottom band on the bollinger bands which almost everytime results in a pullback. The RSI keeps shying away from the 50. point and we are currentlly slopping downwards, we need a full break of the 50. point and a hold to be considered in a uptrend again. the MACD is bullish as of right now but we see the Blue MA starting to curl downwards coming towards our orange and we could be seeing the beginning of a bearish cross. I am overall very bullish on Vechain as a short and more long term project for sure and i definitely look to add more when i can. if we do by chance see a little pullback i imagine we won't go further than the 0 FIB level where we touched during that big correction. Not financial advice just my opinion!
Could a reversal happen soon & signals to look for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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VET OVERSOLD SOON TO BUY VET FOR LONG!!Looks like VET is oversold but MACD got rejected, looks like a double bottom on the RSI have seen this alot on other altcoins but VET has some of the BEST fundamentals in the altcoin world and with billionaires like Tim Draper, Jim Breyer and Anthony Di Iorio investing into this project.... and with BIG Partners this investment is a no brainer! anytime now will be a GREAT time to invest in this project, looking at the TA im wait a short time to hit these points. if you miss out and dont buy any for the long term, I'd say you dont know what your missing out on. just my opinion. if there is one thing I've found out is Follow the SMART Money! with TA and FA cant go wrong at these price points. opinions are like A$$holes but I'd rather follow a smart one!
There is a possibility for the beginning of an uptrend in VETETHTechnical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
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VeChain Mainnet Roll Out - AI/ML SignalVeChain has revealed new partnerships with DB Schenker and PwC ahead of its mainnet launch. The protocol has posted its official launch schedule to Twitter. The cryptocurrency community has been said to be confused on how to convert the outstanding VEN tokens to the new VET tokens that the protocol will use. It is expected that most exchanges will handle the token conversion. Additionally, users can transfer their previous VEN tokens to a new wallet released by VeChain for proper conversion. For every VEN token in circulation, one hundred VET tokens will be created.
The AI Machine Learning 3-Day Crypto Signal for VeChain is Buy and was published this morning. Learn how to use ML 3-Day signals when trading cryptos. The average accuracy score for the Machine Learning algorithms for VeChain is 59.66%
VECHAIN: LEDGER SUPPORT & MAINNET (JUNE 30) - PROFIT = 26.80%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price you would have expected to net 26.80% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 10: VeChain announces a partnership with eGrid, a leading publicly listed ERP, SCM and CRM solution provider to synergistically provide comprehensive blockchain technology backing for a significant portion of China’s automobile industry.
April 12: Vechain announces masternode selection process begins with total selection of 101 VeChain Thrudheim (Authority) Masternodes.
April 14: Vechain is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award.
April 23: Vechain partners with INPI ASIA, the VeChainThor Platform which incorporates nanotechnology with digital identification to provide solutions to some of the worlds most complex IoT problems.
May 5: PwC HK is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform.
May 10: Vechain lists on Bitfinex.
May 17: VeChain signs a partnership with Bright Foods and its IT/Tech subsidiary Shanghai Xiandao Food to integrate blockchain technology into Bright Food (Group) Co. — the second largest food company in China.
May 18: Plair announces that it is the 1st ICO to launch on VeChainThor Platform.
May 19: The VeChainThor launches its Alpha Test.
May 23: Bitmart Exchange lists Vechain.
May 24: Flyp.me lists Vechain.
May 25: Vechain announces that it plans to use it's blockchain to verify wine origin.
May 25: Vechain is announced as the runner up to the LVMH Innovation Award.
May 28: VeChain signs a partnership with Lingang International Manufacturing Exhibition Trading Center.
May 30: Decent Bet migrates and releases their mainnet on the VeChainThor Blockchain.
May 30: Mustangchain a VeChainThor Blockchain powered solution for the $300B equine industry is released.
May 30: Sunny Lu presents at a keynote to over an audience of over 40,000 and serves as a judge at the 2018 China International Big Data Industry Expo.
June 2: VeChainThor Platform bas been undergoing a series of third-party blockchain security testing, alpha testing, code audits, code testing, and mobile wallet security testing over the last month. In particular it has been working with the following companies: Secureware, Hosho and Slowmist.
It aims to complete security audits for the following:
VeChainThor mainnet source code
VeChainThor mobile wallet
(NEW) June 4: The public beta for the Tokenomy platform has officially launched and lists VeChain.
(NEW) June 5: VeChain announces that 1st preliminary review has been conducted of Authority Masternode candidates and that potential applicants have been contacted.
(NEW) June 6: Ledger (cryptocurrency cold storage wallet) announces future support for VeChain.
(NEW) June 30: VeChain has announced that this is the date for the upcoming mainnet release date. This will involve a subsequent conversion of 1 x VEN ERC-20 token to 100 x VET tokens on the mainnet. The price of VET will be 1/100 the price of a VEN token.
The general uptrend in the crypto markets, Vechain's as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
VEN/BTC ConsolidatingVEN seems to be consolidating in this range. I'm looking to make an entry soon ONLY if BTC can move sideways for a bit.
I'm still a little bearish on BTC and believe it will form a H&S resulting in a pullback and alt bleed.
Vechain: NEW DEVELOPMENTS - PROFIT = 36.43% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 1st of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 36.43% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 27: Tidex (cryptocurrency exchange) lists VeChain.
April 8: Vechain is recognized as APACCIOoutlook Top 10 blockchain technology solution providers in 2018.
April 10: VeChain announces a partnership with eGrid, a leading publicly listed ERP, SCM and CRM solution provider to synergistically provide comprehensive blockchain technology backing for a significant portion of China’s automobile industry.
April 12: Vechain announces masternode selection process begins with total selection of 101 VeChain Thrudheim (Authority) Masternodes.
April 14: VeChain to further its partnership with RFID leader Xiamen Innov and newly announced top enterprise solution provider CoreLink by deploying a VeChainThor enterprise level decentralized application
April 14: Vechain is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award.
April 22: VeChain announces it's Multi-Party Payment Protocol.
April 23: Vechain partners with INPI ASIA, the VeChainThor Platform which incorporates nanotechnology with digital identification to provide solutions to some of the worlds most complex IoT problems.
April 28: Vechain begin testing compatibility of the VeChain Wallet for various phone models.
May 2: Vechain announces that public beta test is approaching. They aim to make their code base public. As part of this test they aim to bring on 100 community testers for our public alpha to work alongside cybersecurity organizations.
May 4: News sources state that Vechain mainnet expects to launch by the end of June.
May 5: PwC HK is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform.
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
VeChain : potential to 61000 but may stop at 50000 SATS firstVeChain has a potential to reach 61000 but may face pullback around 50000 Area, VeChain Lovers can consider Swing BUY around 30000,35000 Area for 61000 Target
VEN - Reaching the end of a monster pennantVecChain has been forming what seems to be a huge pennant, similar to lots of strong alts on the market.
~15 days, it will reach the end.
With all the market FUD we have had over the past few months, VENBTC may struggle to break out of the pennant due to bitcoin's movement.
Either way, we are seeing a 12345 impulse towards the resistance - lets see how this plays out! Updates as we go with this one.
NB: please trade at your own risk, this information is for your education.
AB
VECHAIN LONGUsing market cycle theory VEN will start to rally now and then hit new peak at the beginning of April.
VEN - vechain Buy before rebrandingHey all.
Many here knows how great VEN project is, and the huge potential in it.
VEN is currently struggling with low volumes, but never the less. Chinese are coming back, and they will support VEN big time.
VEN announced that they will do rebranding around 28.2. Normally rebranding is connected with strong marketing - of course, you need to inform all investors about re-branding, and so the reach and awareness grows!
So, traders, investors, I think now it's a great time to put some bitcoins into VEN, and enjoy profits.
Regards
VEN correction first, then up! Long term potential +300%VeChain - Boy i love you so much <3 <3
Ok.
VeChain is a cryptocurrency that wants to incorporate Blockchain and RFID technology and apply these technologies into logistics and become a the key if not major supply chain blockchain for business and enterprises.
This is a coin that I am absolutely extremely bullish on, but first we need to take a step back.
Exuberance cannot and will not last forever so everytime we have a run up, we need to take a step back. This is a coin that has massive potential long term, and I strongly believe its a coin that WILL survive the cryptocurrency bubble burst.
VeChain has huge partnerships with companies such as DNV GL - major logistics company, Pricewatercoopers - one of the 4 biggest auditing companies in the world, and Renault - just to name a few. All of which are huge companies in their own right. Honestly this is a coin that you need to do research on and understand the greatness of it
Buy: 0.00036000 - 0.00050000 (50,000 sats only because I'm extremely bullish on this coin and i do want secure a position in case it doesn't correct lower)
Sell: Do you really want to sell this? But if you do: 0.00124000-0.00135000, and 0.00175000 - 0.00186000
Fundamentals:
1) Really, its hard to tell, VeChain has a bad habit of randomly dropping news out of the blue causing minor spikes in price - whales :(
2) Rebranding into VeChain Thor - by February 26th.
3) The many, many strong partnerships they have with BIG companies
4) Did I mention that they were able to be broadcasted onto China's CCTV? - a VERY restricted media broadcasting service where the government must approve of all news that is aired. They are called- WeiLian in Chinese (I can't post chinese for some reason) - VeChain in English.
Technicals:
VeChain had a beautiful 5 impulse waves up and now we are in the ABC corrective phase of the 5 wave supercycle. In the original 1st 5 waves making up the 1st impulse wave of the supercycle, VeChain had hit a high of about 52000 sats which was between the 1-1.618 fib extension, which then retraced into the 0.5 region where it consolidated for a while and then rocketed all the way up to 82000 sats which brought it just short of the 2.618 region and now we are retracing. Im still working on corrective patterns, but usually the end of a 5 impulse wave would retrace to about the 0.5-0.618 region. Which would be our buy zone. But sometimes 2nd impulse waves only retrace back to the 0.382 region which is where I'll start to add to my position and dollar cost averaging my way down.
Then using Fib extensions from the 1st and 2nd waves of the supercycle, I predict a tentative target of 1.0 and 1.618 in the longer term.
Time to sell venVEN seems to be at its peek, touching the trend line, according to this 4 hour chart we should buy back VEN in 2-4 days at the price of 0.00506 ETH. MFI indicates oversold currently and we can see a peak at MACD volume.
What are your thoughts? Will Ven continue to follow trend lines or will we soon see a breakout?
VeChain VEN ForecastVEN is an established coin which is trending and increasing its popularity as time goes by.
Chart suggests a gradual bullish trend with an opportunity to dip buy. Support level stands at 42,000 area. Anything below is considered a bargain buy for short and mid-term investors. VEN has the potential to return to upward trend and beyond. Overall chart is a good example of a bull run, perfect in the eyes long-investors.
Targets are attainable which should give quite a substantial return. Won't be a surprise if targets are achieved within the short-term period.
Events :
By January 2018 Partnership
This is not an investment advice, always do your own research.