Binancesetup
The Truth About $VET You Need to Know. It's a .....VeChain is a public blockchain platform that focuses on supply chain management and smart contracts. It is commonly listed as VET on crypto trading platforms. VeChain was the only top 20 cryptocurrency that did not show negative returns in the first three months of 2018, instead gaining 28 percent. In April 2018, it was the 17th largest cryptocurrency. (Wikipedia)
Right now it's sitting at #19 on coinmarketcap with 55.5 billions circulating supply and 86.7 billions of total supply. VeChain is from China and was born almost 3 years ago, right now they have a great office in Singapore.
VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications.
It's a great project by the way, but it's quite new for me. The truth is that this volatility on the market price on VeChain can't convince me that i have to have this on my portfolio list rather than stopped only at my watch list because it's quite tempting for their ambitious VeChainThor project. I suspect nothing but good for their future, but i need to consider that i have to be careful right now towards some project.
Well, it's me. How about you?
$ZIL Was A Favorite Coin During April - May. What Happen Now?The growth of ZIL is quite fast. Until today, based on coinmarketcap, ZIL has 54 markets on several exchanges. Those including the ones that in top 10 exchanges like Binance, Upbit and Huobi.
Then I think there will be nothing special with any coins/token towards cycles. As the saying goes "What goes up, must come down". So my responses:
1. If you missed Zilliqa back then no need to worry. Right now it is back to the buy zone.
2. The RSI level still showing a pressure on this one, by my SAR indicator says we can buy. My opinion then? Accumulate, buy 2-3 times around the zone. Don't go all in at once. We're just need to wait the bigger picture either.
3. At this time it's no longer "knife catching" session, it's already an accumulation session as the price action has touched it lowest price and then bounce back.
4. Well, you can use Renko on your own chart with 1D time frame to have "trend trader" view.