Vechainusd
VETUSDT broken out,, GC DAILY So here, again in my own opinion, Vechain has broken out of the downwards channel on the daily chart, with the chart now following this pattern too.
breaking out on BOTH the long and short term channel on the 15, with the cross on the daily, big things are going to happen soon.
@SargentTrading on twiter
@R-M-Trading@gmx.us
VETUSDT formed bullish BAT | A good long opportunityPriceline of VeChain / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.005852 to 0.005795
Sell between: 0.005987 to 0.006190
Regards,
Atif Akbar (moon333)
VETUSDT forming bullish BAT | Upto 25% expectedPrice action of Vechain / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006224 to 0.005999
Sell between: 0.006751 to 0.007554
Enjoy your profits and regards,
Atif Akbar (moon333)
VET (VeChain)VET is gradually recovering after the mid December fall, it shows signs of becoming the future of IoT.
VET has seen over 6% price increase in the last 24hrs, and it is traded at $0.00446 USD. There is expectation that the digital asset will go beyond the present 26th position. With all indications, VeChain has a space among the top 20 cryptocurrencies.
VECHAIN BEING ACCUMULATED BY WHALESRN VET is heavilly surpressed by whales, lots of fud, trying to push the price down by the weak hands
Why should we go up?
1) So many real world partnerships
2) hidden bullish div
3) whale accumulation
4) 65% of supply already locked in masternodes
5) 5-10 November 2018 | China National Import Expo
6) Many ICOs incoming
President Xi Jinping stated:
“It is not just another expo in an ordinary sense, but a major policy initiative and commitment taken of our own accord to open up the Chinese market.”
Node and rewards overview: vechaininsider.com
NORWAY x CHINA partnership: twitter.com
Perfect compliance to the Channel Down. Still short.VENUSD has been strictly following the 1W Channel Down (Highs/Lows = -0.7416, B/BP = -1.5740) and 1D is now near pricing that Lower High (RSI = 48.260, ADX = 25.075, MACD = -0.096). The maximum limitation is 1.68075, which is difficult to print. We remain short with TP = 7.5154.
Targets hit. Bearish continuation after a minor spike.Both TP = 1.000 and 0.8000 have been hit, as the 1D Channel Down (MACD = -0.375, Highs/Lows = -0.5027, BBP = -0.9440) extended its Lower Low limit to 0.675. With RSI though oversold at 20.800 along with another 4 indicators, a pull back is expected towards 1.0040 or even 1.6900. That would be an ideal pricing of the Lower High. Our short TP is 0.1972.
Strong Channel Down. Short.VENUSD is trading on a 1D Channel Down (RSI = 31.035, Highs/Lows = -0.5037, B/BP = -0.6960, MACD = -0.230) that will take some time to make a clear Lower High again. Based on 4H (Williams = -94.498) there are more chances to continue its descending trend on a slow pace. Our position on VeChain is short, TP = 1.000 and 0.8000 in extension.
VENBTC: Looking for Potential BreakOutHi All,
Hope all your trades are going well.
It's all in the chart for VechainThor VENBTC.
VENBTC just made higher high within the channel.
RSI Level: Shows Oversold by a big margin.
Probability: 60% VEN go Higher with a 40% VEN go lower.
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all...
Like the Phoenix we will rise from the ashes...
Happy trading People...
VEN-USD Market Analysis - 16 June 2018Friends and foes, welcome to this analysis of VEN-USD.
I have analysed the daily chart of VeCHAIN with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk.
So, without any further ado, let’s get started.
I am using Heikin Ashi candles for this chart only just to show the trend. The price has been moving inside the symmetrical triangle since long time and is about to reach the completion point. Also, as you can see, VeChain has been following a series of Falling wedges and an Ascending Broadening wedges inside a symmetrical triangle. The outcome of this movement in the triangle can be either break upwards or break downwards and is expected to occur anywhere in between 2-3 weeks.
In simple terms:
(1) Falling Wedge = BULLISH
(2) Ascending Broadening Wedge = BEARISH
EMA + RSI
I use smoothed out EMA over RSI. This is done in order to overcome choppiness and get better entry and exit points.
Just remember ,
If the RSI line(White) is ABOVE EMA line(Red) = BUY
If the RSI line(White) is BELOW EMA line(Red) = SELL
So, as it is clear from the graph, the RSI and EMI lines still need more time to intersect. At this moment, they are moving towards each other. But they may fall apart again if the price heads southwards.
This is not a good time to open any long position.
WILLIAMS ALLIGATOR
The Williams alligator shows signs of further downward movement.
Basically, The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns.
In simple terms, just remember that when the order of line is:
1. GREEN > RED > BLUE = BUY
2. BLUE > RED > GREEN = SELL
Also, this is a lagging indicator. So, don’t reply on this one solely. Use it as a supplement with other indicators for more accurate results.
MACD
MACD is showing prominent selling and needs more time to give buying signal.
ADX AND DI
-DI moved above +DI on 22 May which means Bears are in full control since then. Expect Bearish movement to continue.
VORTEX INDICATOR
-VI is above +VI.
So, Bearish trend is prevailing.
Keep in mind that Vortex indicator is a lagging indicator. So, use this one too with other indicators as a supplement.
CONCLUSIO N:
I’ll leave it for you to decide. I am neither shorting nor longing at this moment, i am just sharing this for knowledge purposes only.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness, never seek for permissions. They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.