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VEN

VECHAIN - Buy Opportunity - 36% ROI - 3.8:1 Risk/RewardReasons why I will enter a short term long position using a stop-limit order: 1. Breakout triangle forming at base of consolidation zone 2. Tight squeeze with previous failed breakouts 3. High return on investment (36%) with 3.8:1 risk/reward 4. Similar break out pattern forming on the VENETH pair Enjoy. You can now follow me on Steemit: steemit.com Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
VLong
by hedgewithcrypto
2
The TRUE buy & sell moments for Vechain, continued: BUY!Introduction: I already discussed Vechain Thor’s price movements at length in the previous articles: - The TRUE buy & sell moments for Vechain (+ the next BUY moment!) , and in its sequel: - The TRUE buy & sell moments for Vechain (+ the next BUY moment! Ctn’d) Here is a very quick recap: In 1 (see MACD Region of the graph), we had a bullish triangle break-out accompanied by a golden cross in the MACD and a similar bull cross in the Stochastic Momentum Index ("SMI"). Other interesting indicators providing more convincing of a pending bull break-out at that time were the Chande Momentum Oscillator, and the Relative Strength Index. All that made the number 1 bull break-out on December 13th: Weeks later, +- on the 24th of January, we saw the opposite: a trend reversal preceded by a Heikin Ashi doji, and accompanied by a death cross in the MACD in 2, and negative sentiment in the "SMI". Consequently, this moment can be highlighted as the bear break-out (number 2). I then warned for the buy the rumour sell the news phenomenon, an event that subsequently took place on the rebranding day of VEN to VET, on the 26th of February – in 3. I highlighted the divergence between price and Chande Momentum Oscillator somewhat later, which preceded a bullish triangle break-out, although short-lived, in 4. I also called that moment to be the next big BUY moment, but I was a little bit too early with my prediction. The MACD was indeed headed for a bullish cross, but due to the negative market sentiment first had to take one more leg down (albeit relatively limited). Conclusion - TODAY: However, if we look at 6 today, we see that we have practically everything that makes for a good recipe for bull-cake. --> We have the MACD finally inclining upward with blue above red and just after a bull cross. --> We have positive sentiment in the Stochastic Momentum Index, --> we have a break-out of the negative trend channel that has been holding VEN hostage ever since the Bear break-out on January 24th. --> And we seem to have a decent support at the 61,8% Fibonacci retracement level. Currently we are flirting with the first 23,6% target level (see 7) after which we could head further towards 8. --> Even if we bought in 4, we had ourselves a nice upward move where we could've taken profits, or we could've stayed in our position in the assumption we already had the big buy moment, which would mean a temporary & small loss position, that has already turned positive in the meanwhile! So, hereby I would like to correct the “True Buy moments” for Vechain a little, by moving that moment from 4 to 6 (first of April), which is just before the triangle and negative trend channel break-out, and which has all the required indicators going for it. Move the TRUE buy moment from 4 to 6: Vechain, the floor is yours.
VLong
by A_Cryptastic_Mind
1
VEN prepared for takeoffCup and handle formation on 30min chart and falling wedge pattern on the 1D chart 9 period EMA has crossed above the 20 period EMA for both the 30 min and 1D charts as well as failing to fall below the 100 period EMA on the 1D chart convincingly before bouncing back above it signaling a bullish trend on both the short and long term. If this bull trend breaks the .5 fib resistance level on the 1D chart convincingly we will enter into a reversal from bearish to bullish in the long term.
VLong
by MarcoFlacker
1
VeChain Upside potentialVeChain (VENBTC) consolidated after the strong rally and is now at the resistance level around 0.00041. If price breaks the descending trendline we can expect price to continue further up to the resistance level around 0.00048. If price reacts from the resistance and the trendline it's possible to see a drop down to the support around 0.00038 once again. In the best case scenario we would like to see a trendline break followed by a retest and a new rally. Good Luck, CryptoTrendline
V
by CryptoTrendline
(VEN) VeChain about to FLYCorrection seems to be coming to a near end for VEN soon. Currently, still in a falling wedge pattern and are coming near the golden zone for Fib retracement, I see a breakout coming soon for a good 30-60% profits. *I am not your financial advisory; it's your money so it's your decision. BUT.... if I did help you make some money, tip me a little crypto. BTC: 1HchYXqUZxdfhohRZR8LpUCvSBD2GFtxsE ETH: 0x567752E9d7FdC1858579fdd7009F8E8eBF7A8d9f BCH: 194MQstCbCiSWZfRfHQ1dManZmSagNBbmr LTC: LaoZrwVryZ8jzXm4F93LeH8skSaqv9L38n DASH: XfixD7gxgGjRZPm1uRU2QYRb
VLong
by Trueee
6
VEN - Double Bottoms and Double TopsHey ladies and gents! Looking at the 4 hour chart for VeChain, we can see that we broke out again only to find ourselves back into the wedge. It looks like it will be a battle of the bears and bulls. Here is an interesting observation I made regarding a double top and double bottom pattern that VEN seems to be repeating. VEN has double topped twice and double bottomed 3 times. History has tendency to repeat itself so be on the look out in case it does double top and sends the price lower. It is also possible that the bulls force the price action into a pennant for a possible breakout. But as with all pennants, the price could also breakout to the bottom sending us further into the wedge. Keep an eye on the price action for additional clues.
V
by jpbrown1023