VECHAIN (VENBTC) - POSSIBLE MOON TRIP?Welcome everyone, hope you all are doing well. Let us look into another trading opportunity.
Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say.
INDICATORS:
Moving Average is curving upwards
RSI is showing Bullish momentum.
ADX and DI are giving Bullish signal.
MACD is showing Buy signal i.e Bullish.
A closer look:
POTENTIAL TARGETS BASED ON FIBONACCI LEVELS:
50.8k
56.7k
62.2k
70.9k
81.6k
Also note that, price movement of BTC will also affect the price of VEN. So, keep an eye out.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
VENBTC
VEN breaking out of bull flag - but where's the volume?VEN breaking out of bull flag - but where's the volume?
Vechains successful cup & handle still playing out nicelyOne of the select few who actually broke out along with Siacoin and Tron so far. It is taking its time casual to hit its projected targets but getting there none the less.
VENBTC short/mid/long term TA TA:
- If my wave count stay there is potential hype for the 3rd wave or 3rd subwave formation.
- Follow the large wave, get a good RR setup
FA:
- Mainnet launch 30 June and stackig reward
TP:
-Shown in chart, need more data to identify the wave( wave count is very subjective and often change depend on the move)
-There is short, mid, mid long term tp
Conclusion:
-Trader: I will hold the 3rd subwave wave completion and took 50% profit
-Investor: Hold and hold till mainnet launch 30June and depend on whether breakout the high / potantial may breakout for stronger bullish momentem
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Vechain Back on Track, Continues to Ride the Trend Vechain continues to climb up the purple trendline with small periods of consolidation that lead to some sort of move. We've now seen both positive and negative movements following these periods, but the overall trend remains the same. UP!
Expect continued consolidation over the next few days. The pattern should be fairly obvious by now, but which direction we will go at the end is unknown.
Happy Trading!
VeChain (VEN) Could Be The Ethereum Of BusinessMany of us know VeChain (VEN) as the coin that regularly makes double digits gains and has almost recovered its losses following the recent correction, but what does it actually do? VeChain (VEN) can be rightly called as the Ethereum of business for its ability to bring transparency and oversight to business operations at every step from manufacturing to supply chain management. This is achieved with the help of its cutting edge technology that uses RFID tags and sensors to track products through smartphones and computers. The whole process is completely decentralized and data is recorded on VeChain blockchain for all stake holders to access.
Read Full Analysis Here: cryptodaily.co.uk
$VEN #VECHAIN breakout and ready to fulfil all promises!Hi guys,
you remember VECHAIN and the whole great news a few months ago, those amazing partnerships with BMW, Volkswagen?
At the time I said VEN is going to go down. Instead of going up like the rest of the other guys I saw on twitter.
I got revolted reactions and utter disbelief. That was of course before VEN really dropped a lot.
I even put a chart up showing how low it will go and where a possible good buy price will be possible.
If you look at the chart, the down trend respected quite accurate the lines on my chart and also the buy zone got respected as well.
Who entered VEN in the buy zone must feel very good right now.
I admit I had other trades at the moment that brought me more potential, however now I feel it's the right moment to jump back into VENBTC.
I do believe in the potential of VEN, I know they will have a mainnet launch in the summer. I do believe in their partnerships.
I just didn't want to hold VEN on an obvious downtrend.
Buy and hold no matter what is not the best strategy. Buying at the top and holding on the way down and then hoping for break even is definitely not the right strategy!
Buying at a cheap price, holding, and selling a multiple of 100%, ideally above 5x, is the better strategy. I would say the winning strategy in this market.
Coming back on VEN, the chart shows an important breakout from the bottom, passing one important resistance levels.
That was for me the signal to enter a good position with VEN today.
Probabilistically speaking, the next target is the old ATH.
If that is broken as well, then we enter the magic zone where everything is possible, even 10x.
That should happen by the time the mainnet is launched.
Enjoy!
VeChainShould wave 3 be the extended version, I can see a possibility for it to see levels as high as .000397185 btc.
$VEN 3of4 Signals Bullish for BreakoutVEN is looking great with 3 of the 4 signals bullish, and the chikou span pulled into the clouds. Waiting for it to bull above the clouds to confirm true break out. Some good resistance at 53.8k that could prevent it, but volume looks really good so far.
VEN - 60% probability for short term AND long term gains.Hello!
Today we are going to give you give a projection of one of our fav altcoins!
It doesn't matter if you are flipping this long or short term. Either way, now MAY be a great time to get in Venchain and see your crypto grow in front of our eyes.
ETH has pretty much destroyed VEN during the latest bounce and we expect at trend reversal if the marked keeps stagnating through the weekend. We may a have potential short term opportunity in VEN and we want to share this idea with our followers.
Remember to have proper S/L (I'm not a oracle)
Best
D
VEN/BTC Good Signals!If VEN stays above 0.00041370 It will go to the next red line: 0.00050200
If It closes above it, it will go to the latest red line!
VEN Breaking out of 4 hour cloud and testing key resistanceVEN is testing a major fib level and horizontal resistance, poised for a breakout. It tested ascending support successfully, and is well into the 12 hour and daily cloud. A strong push up here should first target the 0.00045 area (where there is clear horizontal resistance), and after that the next key fib levels in the 0.000509 area.
VEN BTC - Mid term Bullish Vechain looks like is about to uptrend soon
+55% possible July/August
No financial advises
Vechain Climbs the Pattern LadderA repeating pattern of consolidation followed by a jump once we approach purple. We've had two now can we get a third?
Be on the lookout for a close above black. It'll go on to test yellow and potentially green.
However, if we fall below purple its a different story.
Are the bulls back?- Global market sentiment seems to be changing North
- Is the second bottom of the long term uptrend formed (2)?
- 9/4: price closed above downtrend en broke out of the downwards channel (since 22/1)
- 10/4: Price closed above previous support
- Next targets: resistance 1 and 2
- Smart money + BTC in recovery + newsreleases = a bullish spring
- End of June: mainnet launch
Conservative VEN trajectory at 240% ROIVEN has a lot going for it: Great looking chart, mainnet launch in Q2, and strong governmental partnerships. It's not going to 0 any time soon.
VENBTC - Shorting opportunity?VENBTC seems to be in a rising wedge. The last two times this pair was in this pattern, there was a downfall once the pattern was broken from the downside. Pending orders for short positions can be placed around the 0.00043000-0.00042500 level. Or you could wait until the pattern breaks. Profit target could be 0.00035000 level.
Constructive criticism is welcomed.
