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!
Venbitcoin
There is a possibility for the beginning of uptrend in VENBTCTechnical analysis:
. VECHAIN/BITCOIN 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 40.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000400 to 0.000325). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000400)
Ending of entry zone (0.000325)
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 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= @ 0.000482
TP2= @ 0.000513
TP3= @ 0.000538
TP4= @ 0.000620
TP5= @ 0.000815
TP6= Free
There is a possibility for the beginning of uptrend in VENBTCTechnical analysis:
. VECHAIN/BITCOIN 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 40.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000400 to 0.000325). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000400)
Ending of entry zone (0.000325)
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 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= @ 0.000482
TP2= @ 0.000513
TP3= @ 0.000538
TP4= @ 0.000620
TP5= @ 0.000815
TP6= Free
VEN:BTC - Cup and Handle Pattern for 75% Profit PotentialHi All, So VEN VS BTC has had a nice cup and handle forming since around the 25th of Feb. Unfortunately data for this pairing on TV only goes back as far as mid May; however I have used Coinigy to confirm the pattern and have added it in just so you can see where it approximately sits in the scheme of things. I have measured the height and subsequent target on a breakout out the rim and also added them in for reference.
It is important to note that we need to see a breakout above the rim WITH Supporting Volume before considering this trade active. However if we do see this then the target is up around 0.0092500 for anywhere from 50-75% profit depending on where you get in. I am pretty confident that BTC is about to launch upwards in the next couple days and it will drag some alts with it. Given this pattern is primed and ready to go, and I quite like VEN - I have broken all my rules and gone in now aiming for around 75% profit. I do however suggest you wait for the confirmed breakout before attempting to make a profit; unless you truly do like VEN like me (and can see yourself holding it in the unlikely chance we do not see the breakout with supporting volume and the pattern is invalidated).
Trade safe!
Vechain would probably resume its uptrend again...Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.00042 to 0.00032), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00042)
Ending of entry zone (0.00032)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00051
TP2= @ 0.00062
TP3= @ 0.000815
TP4= Free
Vechain would probably resume its uptrend again...Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.00042 to 0.00032), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00042)
Ending of entry zone (0.00032)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00051
TP2= @ 0.00062
TP3= @ 0.000815
TP4= Free
