Vechain started the day with a big thrust up through the falling channel at $4.00. Looking for the next two dailies to close above the channel to increase my position.
VEN is already in wave 5 and will move to $5 very very soon.
VEN/USD BREAK OUT OF DOWNTREND. And it will rebound stronger than ever before!
VeChain buscando rompre triangulo simetrico formado por la linea descente rapida. De romperlo al alza podria encontrar resistencia en la linea descendente principal.
Great times in front of us, lot of upcoming partnerships are going to make us HAPPY :)
Sometimes the answers for price reversal are easier to see on dollar charts rather than btc pairs - The dollar price has caught on the red 2x3 Gann fib ray, if this breaks then we go to the 2x4 beneath, the action will happen at the arc pair, the top of the square the candles are in may stop the price - On the basic chart you can see the candles are caught in the...
Bearish flah pennant forming on the 4H chart BINANCE:VENUSD . Expect to break pennant support for another leg down soon.
Ven trying retest bullish trend and potential double bottom bullish reverse. First target 51.300 Second target 54k
- Momentum is buiding up - Strong move North or South in the near future
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...
VeChain has reached the all-time high at $9.6, after which it corrected down to $2.6, losing 73% to the USD. Price failed to break with confidence below 61.8% Fibonacci retracement levels at $3.8 and below the 3/1 Gann Fan trendline, although it produced spikes lower. After reaching the low at $2.6, VeChain recovered reaching the $7.1, and managed to break above...
Let's have a look at this crazy graph, in our great expectation of Monday 26/02 - rebranding day! In my previous posts I called the first buy and sell moments in 1 and 2 respectively. Then we got to the end of the white triangle formation with all indicators going for it, Vechain broke out. It moved right up to breaking out of triangle number 2. (I made...
Technical analysis: .VEN/BITCOIN is in a range bound and beginning of up trend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. .The RSI is at 54. Trading suggestion: Price is in the support zone (0.00051 to 0.00042), traders can set orders based on Price Action and expect to reach short-term targets. .Beginning of entry...
In my previous post , I highlighted the strong support line for Vechain in the VENETH graph: That support is still intact and we are still trading quite close to it. For those who wish to open a longer term position in "VEN", this is likely a decent entry point, especially given the fundamentals going for it (do visit my website for a fundamental take),...
VEN is very bullish, its respecting the trendline, bounced off the .786 FIB twice. The FIBS are adding up and I see a bull flag. Careful at the .70 - .75 area there is a candle that needs to be squared up. It will most likely rebound off that area. Anything over the .80 area becomes risky and if you arent an experienced trader I suggest taking your profit at the...
VEN is an established coin which is trending and increasing its popularity as time goes by. Chart suggests a gradual bullish trend with an opportunity to dip buy. Support level stands at 42,000 area. Anything below is considered a bargain buy for short and mid-term investors. VEN has the potential to return to upward trend and beyond. Overall chart is a good...
Combined Pitchfork - Fibonnacci retracement analysis clearly showing us how VEN-pricing moves, e.g. how it reached quite the high in the last week and how it bounced back to specific resistance and support levels as laid out graphically. I highlighted some interesting stuff in the graph, and yes it looks a little bit like a colour book ;-) BUT: it can tell us a...