VEE
VEEUSDVEE looks good and 200dayMA show strong support .i am buying position at 0.0038$ with close stop loss .
Taking profit at 0.008$
BLOCKv (VEE) Challenging Resistance (130%+ Mapped)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 the MACD trending up...
Just a little longer before the next move.
The two main bullish potential scenarios are depicted on the chart.
We go super bullish above EMA100/EMA50 and MA200.
We stay bullish below these levels as well and expect a bounce if there is a retrace.
Conditions for change
If prices move and close below the last low at 7 satoshis, we are likely to see lower prices.
Namaste.
BLOCKv (VEE) Getting Ready To Boom (270% Fully Mapped)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 magenta line.
Thanks a lot for your support.
Namaste.
BLOCKv Challenges EMA50, Over 240% Possible If It BreaksVEEBTC (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.
Trading volume is going above-average.
Many altcoins already printed their bottoms and confirmed a bullish breakout.
The indicators are also looking good.
The RSI is at 54 while the MACD is trending up with bullish divergence showing with VEEBTC.
As you can see, prices can easily increase for VEEBTC.
Namaste.
BLOCKv Can Do 131% Easily If This Criterion Is Met...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.
Conditions for change
If VEEBTC moves below 15 satoshis, another drop can follow (red arrow) before the next move up.
We are looking at 131%+ of profits potential... This is very easy for a low volume altcoin pair.
Feel free to hit like if you enjoyed this content.
Namaste.
Quick explanation why ICOs went so bad.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?
Before getting into the technical Analysis I want to talk about why it is down so much as this is something everyone needs to consider before investing or even starting a trade. Overall valuation. What is it? how can we determine it with limited data?
Well to start off we need to look at how long the company has been around, who started it and how much they raised at ICO?
With Block V it is a little tricky because they have a parent company called Vatomic LLC they've been floating this idea around about the block v platform since 2015. www.crunchbase.com Next we need to look at who's involved and what else they have going on. I'm not going to throw names on here but research will show allot of people involved in vatomic or Block V are involved with other business's that intend to use this platform, DYOR. So it leads to the Question is Block V they're main focus or is it just a platform they use to reach they're end goal? When Guys like Novagratz talk about them he mentions Vatomic the company and not Block V the platform. It's just a platform they use for they're other companies. When they get a partnership is block v creating these vatoms for clients or one of they're other companies like Vatom labs or Varius Solutions getting hired and earning the revenue? Yes they need the platform to work to use it but they do not need it to be a household name for they're other companies to be successful. Something any speculative investor needs to keep in mind.
Next Lets look at fund raising. They raised 20 million usd at ico for tokens that provide 0 share in the company. What have similar business's outside of the crypto space raised? Wikitude which is a similar digital object platform raised 2.1 million Euros or $2,332,575 usd in 2009. I'm comparing to wikitude and not others because minus the blockchain aspect the platforms are pretty similar. So 1 company raises 20 million with 0 stake in company to investors. The other raises 2.3 million and offers stake in company to investors. Wikitude raised 88.5% less money than Block V. Notice that % difference is very close to how much block v is down from ico price. Only off by a couple %.
Earned income. How does block v earn money since theyre token is down over 90% in value, How does theyre revenue model compare to others? You can argue at ICO they presold theyre product to users aka token holders. Those were they're inital customer base. you need the token to access the platform so it's part of they're product or platform. Yes they charge .02 usd per object created. To earn 1 million USD in revenue in 1 year or 5% of what they raised they need to sell or have 50,000,000 vatoms created. That's allot of objects. Wikitude just charges for the software $2,765 for the software license. They need to sell 362 copies to earn 1 million usd in revenue per year. Imo its much harder to get 50 million digital objects sold than 362 pieces of software.
Lets talk about maintenance, features and ease of use. Block V charges a $.02 cent maintenance or renewal fee per year for each digital object you create if you want to keep them on the platform. Wikitude is a one time fee for the software. Features. Although blockv says its a ar platform and has a AR app. However to use AR on a Vatom you still need AR sorftware, it only allows you to use AR on a vatom. Wikitude is the complete package. No other software needed to use AR on your objects. Ease of use, Block V is very hard to use because documentation and support is lacking, still missing features promised in white paper. Wikitude documentation is 100% complete they even have a no code feature to make it easier for non tech savy business's and people to use. A company using block V probably wont be able to create digital objects in house as the could with Wikitude. That will cut out majority of small business's using the block v platform when you think about it. It wasn't created for them.
Valuation. We can't determine how successful they have been to date. Can't tell how many different companies and agencies are using the platform or amount of vatoms being emitted per campaign or how often they are. You can look at the vatom map and see how many vatoms have been emitted though and although you see progress does it justify the amount they raised or its current market cap of $4 million usd? Wikitude has a current yearly earnings of $4.1 million usd. Just based off they're earnings you can assume they have more daily users on they're platform. Both independent developers and business's.
How the investor makes money? Block V you're speculating people want to use something and you will be able to sell what you bought at a higher price. The real reality is investors only bought access to use they're product. They also crushed investors buy delaying they're economic model. At least if you bought at ico it was 1 vee token = 1 vatom. New model is 2cents usd per vatom. So if you bought at ico and trying to make vatoms. They cut the amount you can produce by 10x since its current price is uner $.002 of a penny. They signed up to be a customer. Wikitude earns over $4 million usd a year, its profitable, Investors own part of the company it's a night and day difference.
Now lets look at the charts. With everything said above its pretty obvious price was gonna go where it did well before even looking at a chart. Vee has been in a 21 month downtrend. Out of the last 21 months, 5 months were green and 16 months red. It's not looking good. Looking on the weekly chart since July It has printed its third lower high to confirm that the trend is still down, there's no indications of letting up. Since it bottomed on September 9th it has printed its 2nd lower low on the weekly. On sequential it did flip from a green count last 4 weeks to a red count which also signals a reversal. Volume is allot lower than it was back in july and even lower than it was a year ago. That signals traders and speculators are not stepping up for this one. Also when a asset goes down in value over 90% from initial cost i think people generally don't want to risk getting burnt. As a investor or long trader you need the price to go up not a downward death spiral.
With all that said i see the token eventually trading between 1-5 sat level. Most likely no later than July 2020. We're still in a bear market the trend never changed. You'll get you're occasional pump and dumps because to 99% of people that is all this is. Its a utility token and has 0 value. It's access to use a platform that's it. Its not a investment vehicle or a token that should be traded. Speculation died on this one well over a year ago and that's exactly what the chart shows.
Will Block V die? No. All speculative value has disappeared though never to return. Even if the token trades at a 1000th of a penny the people that need to use the token will still be able to. If every exchange delists it everyone involved in vatomic and partnered companies will still have access to vee.
I created this post as a hope that some people in this space will read it and smarten up and do more due diligence in this space. Knowledge is power. The more people that can evaluate projects properly through research and TA the less people get rekt in this space. 95% of these projects should not be here. They only exist because of the exuberance of 2017 and these projects decided to take advantage of that.
Best of Luck on your trades!
BLOCKv (VEE) - Ascending Triangle Forming UP @coinselorTime 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.
BITTREX:VEEBTC
Market Cap:
$5,454,500 USD
673 BTC
BLOCKv 2nd Round [VEEBTC](471% PP) 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 and monetize vAtoms rapidly and easily. And with VEE, you deliver this powerful new asset class to the world!
BLOCKv (VEEBTC) Chart Analysis
Ok, this is where we do our learning, by analyzing charts. Come and take a look at these charts with me and you will get to understand and be able to spot the same signals that I use to come up with my trade ideas.
You can always skip straight to the “Trade instructions” part below to get started… But before, let’s start by looking at the two days chart:
- Here we have a long term chart for VEEBTC on Bittrex. We start looking from left to right.
- Notice how VEEBTC lost over 80% of its value after its April’s peak. This is the correction.
- After follows a long period of consolidation followed by accumulation and later a breakout (far right, green candles).
Looking a bit closer:
- We have bullish divergence showing up on the MACD and RSI marked with a purple arrow. Price goes down while the indicator is moving up/divergence.
- Price broke above EMA10 and EMA50 (green and magenta lines). This is a bullish signal as this lines (an indicator) work as resistance and support.
- Note: These are strong signals since this is a 2 days chart. This is a significant time frame when it comes to analyzing crypto.
- Next target is 0.00000159, which is where MA99 (red line) falls and also a Fib. level.
- As each resistance is broken, the price can continue going up. If a resistance doesn’t break, you can expect the price to fall back.
Now, looking at it longer term; the weekly chart:
- Here the signals are really strong because this is the weekly time frame.
- We can see a good volume breakout above EMA10.
- TD Sequential indicator is starting a new count after a perfect negative nine count.
- The RSI is coming out of oversold strong.
- You can also spot the profits potential on the chart and the different resistance levels (targets).
- This is all for the analysis, now let’s start to trade.
BLOCKv (VEEBTC) Trade Instructions by Alan Masters
Buy in: 0.00000130 – 0.00000150
Alan Masters Trades Targets for VEEBTC:
(1) 0.00000162
(2) 0.00000190
(3) 0.00000242
(4) 0.00000280
(5) 0.00000330
(6) 0.00000420
(7) 0.00000510
(8) 0.00000650
(9) 0.00000743
Stop loss: Close weekly below 0.00000078.
(If the weekly candle closes below this price, this trade might turn bearish, so we close it).
Capital allocation: <5%
SUCCESS COMES AND MATERIALIZES WITH TRUE DESIRE
Success can be different for you and for me.
It can be different for somebody old compared to a young.
Success can and can’t be about determination or hard work.
Success can be achieved with persistence… with intelligence, with luck…
If success can be achieved in so many different ways, and it is different for different types of people…
How does success really comes?
It is all about your true desires…
What is it that you really wish within your soul?
If the success you are looking for is related to this hidden desire, then success can now manifest for you!
You have always had the ability to achieve all of your dreams and to complete all of your goals.
“What is it that I really want?”
Meditate on this question… And success might not be your true desire after all.
Namaste.
We recommend to look at the project BLOCKv#VEE
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 and social platforms. Their value is currently not appreciated, and property rights, as a rule, are extremely small. Using the blockchain, the BlockV platform creates an environment where digital objects become truly accessible, acquire value, and can be a market and liquid product. In addition, it is worth noting the wave of the development of virtual and augmented reality - another new step in the development of Internet technologies. The introduction of blockchain technologies into virtual reality will give users the possession of digital objects and things that exist exclusively in the virtual space. The BlockV project will be a pioneer in this industry. Further penetration into the traditional society of blockchain technologies is a matter of a short time, and the more clear and accessible to ordinary people products will be offered by companies creating their projects on the blockchain, the faster this process will be completed. BlockV is essentially an ecosystem of virtual things on the blockchain.
Investing in such an asset for good should be considered for a period of 5 years, but in the next year one can see the possibility of making a profit from open deals from current levels. While we are above the established support (about 0.00000129), the asset has good chances to build an upward movement. MACD has been bullish since the end of the month of May, and RSI since the beginning of March, while the cost of VEE has fallen. Such a divergence is a good sign and may indicate upcoming growth. We highly recommend to pay attention to this project, such ideas - the future that has already come.
BLOCKv VS Bitcoin Upside CorrectionBLOCKv 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 of a short term uptrend and/or a correctional move upwards from the long term downtrend.
VEE could continue moving higher towards the key resistance at 483 satoshis. This is the very strong level and previously it has acted as the support as well as resistance on multiple occasions, not to mention that it does correspond to the 2/1 Gann Fan trendline.
Currently price is at 50% Fibs, that is 328 satoshis, and this could be the starting point of the uptrend continuation. Nevertheless, price still could decline and hit lower Fibonacci support level, prior to moving higher. But only break and close below the 256 satoshis could invalidate bullish outlook and result in a downtrend continuation.
Btc/Block V Is Block V undervalued in current market status? Hi there! Thaks for checking this chart out. This is my firt time posting on trading view. If people like what i have to say i wil post more.
Curently I am long on Block Vee. I see the oppritunity for a short term trade as wel.
So Block V pretty much bottomed and then tested the old resistance from Feb 25-26th. Subsequently corrected after.
The Green candle on the one day on May 7th was a signal of trend reversal to me. Block V at 480 sats to 500 sats appear to be the short term botom for now. On the 7th we also tested the old resistance of around 625 sats. We fell short. With new suprt in the 480-500 sats mark I can see us teting 625 sats again.
This is more specultion than anything. Allot of people bought this coin at much higher levels and are down. It dropped on bittrex during a downtrend. I do see it at least testing the 755 sats mark. We've tested it quite a few times at this level. I can see it trying again after corecting from the 625sat mark.
Also it appears most cryptos did at least atempt to regain 50% of theyre value from the top within the last 2 weeks except Block V. Another reason why im bullish. Btc tested 10k, Eth Crosed $750. Smaller cap coins like SC and DGB along with several others had a nice run. I do believe this one is late to the party!
Thanks for Reading!
Trading Idea #BLOCKv | $VEE> The 520-540 Satoshi level appears to be a solid entry / accumulation range for BLOCKv.
> StochRSI oscillator has reset on multiple key timeframes (1D & 4h).
> Currently sitting on a key Fibonacci retracement level.
> Previous horizontal resistance that turned into support is now (potentially) acting as support once again.
> Breakout to the upside from this falling wedge will likely take us to the 800 Satoshi level.