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VENBTC

Slow But Safe! Cash is CashHere we have VEN, I personally find this a horrible coin but I do like making money. I seen this last night and didn't post it as not a fan, but momentum is supporting this move so just because of my dislike for VEN shouldn't prevent us from making money. You will see the black line on the chart this is where you set your stop loss, this is why I said its a safe trade as the stop loss is tucked quite close to the price the risk VS reward here is in favour of the reward. Now you can open a position at anytime, and with the current momentum showing we will hit targets. I split the chart so you can see on the short time frame 1H we lack volume, we want to see volume smashing through that little orange line. However on the 4H we are still looking good and they say slow and steady wins the race. This is a stress free trade as you enter set your stop loss and wait for my next update tell you we hit target. Don't expect this to come to fruition within hours, since we have slowed down on volume we may hover between target 1 and 2 for a while but after we close above target 2 more buying will come in and speed up the move. Have fun on this trade, if want something more fast paced with some faster action I will delver this soon. Keep in mind though you can diversify your portfolio and if you trade with me we are winner as the reward will always outweigh your risk otherwise plain and simple I won't publish the trade! Cash is King! Join us for 5-10% profit per day
VLong
by Cash-is-King
6
How to trade a "Flat Top" Breakout - VEN/BTC Trade ExampleThere are many ways to trade a breakout and a good one to trade during a bull market is the Flat Top Breakout. What is a Flat Top? A Flat Top occurs when there is a clear resistance level (flat top) and a slope of higher lows, indicating the upward trend: As you can see in the chart above, the pattern looks like a triangle with the top of the triangle being the horizontal resistance and the bottom is the upward sloping support trend line. That's why this pattern can also be referred to as the ascending triangle. How to trade the Flat Top Breakout? Entry Point: Enter after the resistance level, the "flat top" has just been broken with increasing volume. Stop Loss: Place your stop loss just below the recent swing low. Profit Target: Use the height of the flat top/triangle to determine your profit target or objective. In summary, the flat top breakout is a pattern that is fairly easy to identify and provide a good risk to reward trading opportunity. Using the information covered in this post will help you with a trading plan that, when executed properly, can offer good profits, manageable risk and a higher probability of success. If you found this post informative and helpful, please give a like and or share. Leave a comment if you have any questions. And until next time, good luck with your trading!
VLong
by Trade_Masters
2
The TRUE buy & sell moments for Vechain (+ the next BUY moment!)In this post I want to zoom out a bit on the Vechain graph, look at the previous incredible bull run, the subsequent correction, &.. the next bull run! I will be writing about several indicators beneath the chart – highlighting them a bit first – & then fully applying them to the chart – so stay with me: --> The indicator just beneath the graph is the quite common MACD. I highlighted the bullish golden crosses (crossing beneath zero where blue line comes on top) & the bearish death cross (where they do the exact opposite above the zero line). --> The "SMI" or Stochastic Momentum Index , which typically talks about a “buy” if we enter the green zone, & a “sell” if we enter the red zone (+ a similar crossing of the two lines as with MACD). --> Moreover, I drew the horizontal Fibonacci retracement levels (support and resistance areas), & the Fibonacci speed resistance fans throughout which price moves along (also support & resistance areas) What we are seeing in this first graph is where the buy signals were for the 'SMI', i.e. When that oscillator hits the green buy zone (it should actually really dive into it). But even then, 13/12 could be considered a buy opportunity, especially as it went together with a bullish cross in the MACD. This provides us our first entry point in Vechain. We then see two red lights in the 'SMI', but momentum is still intact in the MACD & in the overall chart. So we did not have to sell here. However, if we look at the third large vertical in red, you can see that this one coincided with a bear cross in the 'SMI' ànd a death cross in the MACD: big selling time! Furthermore, if we check our chart today, we see that we have severely entered the green buy zone, where the two lines are practically crossing, but not upward yet. Nevertheless, this provides us an almost great buy signal – either now, or when the curve upward takes place. If we combine that with a pending bullish cross in the MACD, we have ourselves a new BIG BUY moment! What else is there? Well, if we take RSI (relative strength index, which has to be above 70 to talk about overbought, & beneath 30 for oversold), & combine this with the 'SMI', we see a similar story. RSI started to curve upward and give vechain a bullish momentum around or before 13/12 or near the buy signal in the 'SMI'. Furthermore, there was no real sign yet of negative momentum in the first red crosses in the 'SMI', BUT the third cross was accompanied by a reversal in the RSI trend from a severely overbought level to all the way down the drain. And...Conclusion: that is where we are today: looking at a severely oversold level in the RSI, accompanied by an almost bullish cross in the MACD, and an 'SMI' going for us as well. And as a last one: the interplay of 'SMI' and Chande Momentum Oscillator. As you can see, the 'SMI' gives us relatively clear buy and sell signals on extremes. The 'CMO' is useful in determining the overall trend and strength, and in combination can also give us better pointers as to whether we should or shouldn’t get out and whether we are still in a downtrend or not. Have a look for yourself: Conclusion: Vechain is a fundamentally super-sound investment candidate (partnership with BMW, etc. - just check my website for the analysis!), & in this post we zoomed out on the graph to verify the next entry point. We are not there YET and might even experience some additional downward pressure first, but we are very close to a major trend reversal and a next bull run comparable to the first one we saw. Vechain is young, has potential, and is just about to get started. Note: this is not to be considered investment advice - DYOR.
VLong
by A_Cryptastic_Mind
9
Vechain trying too hard!last night we saw vechain announce a 50 million token lock up for there highest node for march 20th, " i would like to add there ceo tweeting about the low price quote "I guess that’s the price of Transparency" which is quite unprofessional but it seems to me that they are bothered by the current price. vechains marketing team is smart for the short term price but not long term (not until mainnet june!) with an 800million supply and a 50million lock up simplified thats 80-5 not much.. (last night vechain was touching below a key support line right when the team made the announcement, the majority of there team is based in china and that announcement was made at 11.52pm! coincidence or orchastrated?) vechain still needs a healthy correction and i dont believe the current price will suffice, remember the 10x run up in 2 months? consolidating isnt over! looking at rsi trends i think we will see (short term dip)
VShort
by jak0o
2
VEN/BTC looking for a bottom!Hello everyone! So after hitting TP1 netting us a quick profit, VEN started getting denied by the resistance I charted out in the older VEN/BTC chart, VEN went downwards and broke the up trends support + ascending triangle pattern. it is overextending on its downwards move compared to the previous moves down indicating this could be: I) the bottom because it's hitting a strong support it climbed up from before without significant drops below it. II) downwards trend going to continue after a short bounce upwards to consolidate. Both the scenarios are trade opportunities but trading a downwards move always brings more risk compared towards trading an upwards move. So, for this reason, I am giving you this chart and my thoughts beforehand but for the new traders among us that aren't able to act on a trade that is heavily reliant on the upcoming price action I will not yet release a buy/sell signal UNTIL we have more price action on the currently drawn supports. This is because I want to lower the risk for inexperienced traders and not put you in harm's way by just following what I state in the charts. An update will follow with a simple signal! as always, Happy Hunting! All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions. I will not and cannot be held liable for any actions you take as a result of anything you read here.
V
by FinanceFox
Vechain still in ABC correctionVEN has left the rising channel after finishing a 1-5 move. Since the end of January it has been going side-ways and although we have retraced somewhat, I do not think that this is the end of it. Building up to the upcoming rebranding I think we might see a minor move up towards B. But noticing the strong decline in volume since December, I think that the rebrand will not necessarily lead to a strong move upwards. With these sideways movements the indicators also don't really provide strong signals, but I rather believe that more correction is due instead of a new full wave upwards. So I might start taking some profits in the next coming days.
VShort
by heiders
VEN/BTC Trade Example - What to Look For In an Oversold BounceWe love it when prices are going up but what if when prices are trending lower. Can you profit from that too? Well, let's take a look. When prices move lower rapidly and the indicator(s) gets oversold, some of the best rallies occur when they bounce back. These trade opportunities are the so-called "oversold bounces". Usually, these oversold bounces can be very lucrative to take advantage of when you can trade them actively and manage your risk well. There are a few ways to trade oversold bounces but here is my take on how to trade them with a recent trade example on VEN/BTC (Binance) On March 1st and again on March 3rd VEN/BTC got oversold, meaning the hourly RSI was < 30 (25 and 21) after being on a downtrend for several days: As you can see, both bounces had a significant move up (about 14%). But what's interesting is that the second bounce had a (bullish) divergence on both the RSI and the MACD, after prices made a double bottom, which usually signals a reversal as well. So in this instance, you had multiple signals an oversold bounce is likely to come. But why at these levels? Is there are a reason why VEN/BTC did bounce on these two levels so significantly? Well if we take a broader look at the 4-hour chart: You can see that these levels where previous (support) areas where VEN/BTC have bounced from previously as well. So in summary, what to look for when trading an oversold bounce: 1. After a runup, prices have retraced and are in a clear downtrend. Also, haven't touched or reached the (50) ema for quite some time. 2. RSI indicator < 30. Usually the lower the RSI, the bigger the expected bounce. This is why I prefer an RSI < 25. 3. Ideally, you want prices to be at or close to (key) support levels. 4. And if you have a (bullish) divergence in the RSI and/or MACD indicators, then your chances of success will increase significantly. And as an extra bonus, you can look for double (or triple) bottoms which is an indication of a trend reversal. Also to take into consideration is the timeframe and the market cap of the coin your trading. When using longer timeframe you can expect bigger moves/bounces but it will take longer to reach those levels. And as with the coins market cap, prices of coins that have a large(r) market cap tends to move less and slower compare to smaller cap coins. This way you can change/set your timeframe accordingly. So for instance, smaller cap coins they usually tend to move more and faster so therefore you can get a good trade or return on a relatively small timeframe, e.g. 15 min. Conversely, it's better to trade in a longer timeframe when trading a big(ger) cap coin cause they tend to move less and slower. This way you will have a better chance of being in a trade with good enough room for profit, especially with the big(ger) cap coins. So in this case, size does matter ;) If you found this post informative and helpful, please give a like and or share. Leave a comment if you have any questions. And until next time, good luck with your trading!
VLong
by Trade_Masters
2