VEN
VEN/BTC - H4 - Garley ParternThe Garley technical model is being formed with VEN
Section XA formed in the bull market from 2500 up to 81368 sts
Section AB adjusts 61.8% to 32400
Section BC corrects 50% to 59000
And the CD is being formed with a target of 154% of BC, and is estimated at 19,300
We recommend trading in the following trading areas:
EP: 19300
TP: 38000 (90% of profit)
TG: 49400
With garment models that require the accuracy of the price action, so you have to put stopping points just below the EP
Wish you successful trading!
VEN/BTC 4h - My Current PositionHey everyone, it looks like VEN has entered my buy zone, I was able to pick it up at 0.00024310. Don't forget to set that stop loss, good luck!
Ven one more wave down!!! I spent hours to count and recognise the waves, right now we are on wave b and soon should move to wave c and retrace.
I believe whales will push it hard to hit the bottom again and that will give us double bottom and confirmation of an uptrend.
Stoch is overbought needs to retrace
Macd: is slowly going down
Target: 0.00021500
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 one more wave up.As you can see we might see a trend reversal, this is a quick trade.
Target: 0.00025800 - 0.00026400
VEN - Last chance to get in BEFORE TAKEOFFHey guys,
This time i am presenting you a bigger picture of an altcoin with amazing potential: VeChain.
I was honestly surprised by the perfect harmony of this technical analysis.
The intersection on the green support line of the triangle with the .236 fib retracement pattern coincides perfectly with the lowest price that VEN has hit in a while.
Coincidence?I don't think so.
HOW TO TRADE: Just buy this now,below 25-26k satoshis .I don't think that we are going to see these levels any time in the future.
Keep in mind to have a stop-loss set at your own discretion,but i wouldn't recommend setting it over 18k satoshis.
If the triangle is respected,the estimated outcome of this trade is of about 85% profit.
I wish you all an enjoyable weekend!
VENBTC: why I just enter long positionHI All,
It's All in the chart: BTCUSD.
Just Entered into VENBTC.
RSI shows oversold.
When will the downtrend end, who knows, but this is a long position.
This trade VENBTC could go much lower, because its Predicated on BTCUSD.
Hence, stop loss is a must.
Swing traders: Statistics and probability are on our side.
Don't worry about being right all the time.
You just have to be right 50% of the time to Double your initial capital.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
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 for future charts, like this post if it was helpful, and thank you all.
Happy trading People...
Short Ven continueVen is currently on 0.236 support of Fibonacci. If the bracket does not break, it will mainly have two reversal points. The black line just below, or the support around 0.009. To enter the trade, wait for at least the RSI line on the daily chart to point up and / or an accumulation in the price.
VeChain - What is happening?Hi guys,
Today I have another update on another coin. It's VeChain (AGAIN!). You are looking at the daily chart, which tells us the following:
- Parabolic drop from 40k sats to current level (22.1k at time of writing);
- Still hugely oversold. RSI of 13.9 on Daily, which is all time low for VeChain;
- Weak support soon, due to price action in January and .786 fib level). Let's hope VEN will bounce on this area;
It seems like it is a great entry on this level. You can put your stop-loss on approx. 18k sats. The upside is great.
This is not financial advice, just my opinion. DYOR!
VENBTC on 4H - what is the next move?Hi guys,
Another update on another coin. This time it is VENBTC -4.80% -4.80% .
You are looking at the 4hourly chart, which tells us a couple of things:
- VENBTC -4.80% -4.80% dropped approximately 45-50% since the last wave up;
- We broke through the 32k sat support
- VENBTC -4.80% -4.80% is oversold on all timeframes!!
- RSI and MACD histograms are showing some signs of divergences
- MACD crossed up
- Volume is decreasing
My thought on this dump is because of the pauze of X node monitoring. All X node hodl'ers are able to swap their VEN -1.89% -1.89% on exchanges, which causes a huge increase in supply and trading volume . My guess is that they are trying to accumulate more VEN -1.89% -1.89% , before the lockup snapshot (september). Fundamentally nothing changed!
I am keeping a close eye on VeChain. I do not hope it droppes to the .786 fib level (around 18-20k sat), because that will be terrible for the VeChain hodlers.
Vechain - An UBER-BUY no-brainer at this price?Quick post:
-Vechain almost at the likely bottom of its correction (78,6% correction horizontal in blue) - around 20.000 satoshi. Currently at 22.000.
- Given the incredible fundamentals of this one, this might be a good, if not a very good, if not an amazing and scarce opportunity for purchasing some.
- Looking at the RSI: only at 5, or in normal language: incredibly oversold
- MACD still needs a bit time before a golden cross can be forged accordingly
- All things considered, this is an incredibly oversold token
VEN Update. Possible reversal zone upcoming?So, After that little discussion on my last chart, I decided to look a little harder for clues. What the heck, we may have a bounce zone coming up. Lets see what happens when it hits. You never know!
VEN: Defibrillator PleaseVEN was anticipated to be one of the biggest coins this month, but quite the opposite happened. Along with some FUD, fro ma TA aspect this double top could put it into the ground. I find this highly unlikely with this coin though. Do not try and catch a falling knife, WAIT for reversal confirmation, especially with the possibility of a BTC pull back coming. When confirmed, if confirmed, this could yield massive returns in a bull season. Be patient and keep an eye out!
Vechain Buy opportunityExtremely oversold
hovering around support area
RSI under 30
keep eye on that coin
VENBTC - Will VeChain rise from its ashes?The phoenix is a majestic bird that, once dead, is reborn again from the ashes of its remains.
Is this the same case for cryptocurrencies that have had their mainnet launch?
VECHAIN MY HEARTI was rapidly scrolling a the whole market a couple of days ago and my attention was caught by the bearishness of VEN in a stagnating whole market (what in this market is very atypical).
I did a very quick , to understand why and discovered that VEN is migrating on his own chain (not a so bad news).
Since ATH VEN corrected relative less and is inside this big channel.
If VEN continues this correction, it would be very interesting catch it at the resistance line of the channel.
There it will complet a bullish butterfly harmonic pattern, which in my opinion could bring VEN very High.
1.20 was the basis of the last strong run and it will very probably hold VEN.
If you are not used to trade VEN like me, set an alarm at 1.30§ and follow with attention what it does. If you like to gamble, buy a lot of VEN. It could transform itself in a gold mine!
BIO
VEN UpdateA lot of people ask me about VEN. I never got into it but here is my analysis.
Over 2000% gains??? They your a fool if you do not realize this was a huge run and needs a huge correction. Im assuming the people asking me about VEN chased it to the moon and are now left holding it.
The next retrace point will see a test of 2000
Way below the EMA markers
Already passed the 100% retrace of the recent impulse wave up
Looks to be in an ABC Retrace.
Defiantly not a buy and not a sell. If your holding i would hold it and just push it to the side, or just get rid of it and move on if you cant handle the emotions.
Never chase a running green candle and never panic sell a falling red candle.
VEN Bounce PlayVEN is sitting just under 20 RSI on the daily. The chart is pretty bearish and there is no support until 9k satoshis. I believe that we will slowly trend up due to a buy the rumor sell the news event with the $BTC ETF. I place the horizontal resistance levels at 35k sats and 40k sats. This is where I would plan on placing my exits in this bounce.
VEN Ready to MoveGood afternoon,
VEN is very over sold on the daily and is setting up for a reversal. There is a cup and handle pattern forming on the hourly with a Bullish Divergence on the RSI. The VEN/USD pair also has a Bullish Divergence on the 4 hour.
VENLong-term deal
The best area to buy between
0.00021200 BTC
to
0.00014222 BTC
The first target is 0.00032770 BTC
The second target is 0.00058700 BTC