VeChain VEN Forecast
Updated
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 example of a bull run, perfect in the eyes long-investors.
Targets are attainable which should give quite a substantial return. Won't be a surprise if targets are achieved within the short-term period.
Events :
By January 2018 Partnership
This is not an investment advice, always do your own research.
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 example of a bull run, perfect in the eyes long-investors.
Targets are attainable which should give quite a substantial return. Won't be a surprise if targets are achieved within the short-term period.
Events :
By January 2018 Partnership
This is not an investment advice, always do your own research.
Note
First target reached at 45,000. Breakout did not occur, probably due to Bitcoin's fall and red market. VEN should resume bullish trend once BTC recovers and achieve the 2nd and 3rd targets.Those who got in at indicated buy area (36,000) could have secured 25% from the 1st target!
Overall VEN held really well considering BTC's bloodbath.
Goodluck & Hodl!
Trade closed: target reached
What a beauty! Massive breakout!Once BTC started recovering, VEN was revving to breakout. That's at least 52% from idea!
All three targets reached.
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