VECHAIN: PARTNERSHIPS & UPCOMING MAINNET - PROFIT = 18.42%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.42% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 27: Tidex (cryptocurrency exchange) lists VeChain.
April 8: Vechain is recognized as APACCIOoutlook Top 10 blockchain technology solution providers in 2018.
April 10: VeChain announces a partnership with eGrid, a leading publicly listed ERP, SCM and CRM 0.92% 0.76% solution provider to synergistically provide comprehensive blockchain technology backing for a significant portion of China’s automobile industry.
April 12: Vechain announces masternode selection process begins with total selection of 101 VeChain Thrudheim (Authority) Masternodes.
April 14: VeChain to further its partnership with RFID leader Xiamen Innov and newly announced top enterprise solution provider CoreLink by deploying a VeChainThor enterprise level decentralized application
April 14: Vechain is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award.
April 22: VeChain announces it's Multi-Party Payment Protocol.
April 23: Vechain partners with INPI ASIA, the VeChainThor Platform which incorporates nanotechnology with digital identification to provide solutions to some of the worlds most complex IoT problems.
May 4: News sources state that Vechain mainnet expects to launch by the end of June.
May 5: PwC HK is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform.
May 10: Vechain lists on Bitfinex.
(NEW) May 17: VeChain signs a partnership with Bright Foods and its IT/Tech subsidiary Shanghai Xiandao Food to integrate blockchain technology into Bright Food (Group) Co. — the second largest food company in China.
(NEW) May 18: Plair announces that it is the 1st ICO to launch on VeChainThor Platform.
(NEW) May 19: The VeChainThor launches its Alpha Test.
(NEW) May 23: Bitmart Exchange lists Vechain.
(NEW) May 24: Flyp.me lists Vechain.
(NEW) May 25: Vechain announces that it plans to use it's blockchain to verify wine origin.
(NEW) May 25: Vechain is announced as the runner up to the LVMH Innovation Award.
(NEW) May 28: VeChain signs a partnership with Lingang International Manufacturing Exhibition Trading Center.
(NEW) May 30: Decent Bet migrates and releases their mainnet on the VeChainThor Blockchain.
(NEW) May 30: Mustangchain a VeChainThor Blockchain powered solution for the $300B equine industry is released.
(NEW) May 30: Sunny Lu presents at a keynote to over an audience of over 40,000 and serves as a judge at the 2018 China International Big Data Industry Expo.
(NEW)June 2: VeChainThor Platform bas been undergoing a series of third-party blockchain security testing, alpha testing, code audits, code testing, and mobile wallet security testing over the last month. In particular it has been working with the following companies: Secureware, Hosho and Slowmist.
It aims to complete security audits for the following:
VeChainThor mainnet source code
VeChainThor mobile wallet
The general uptrend in the crypto markets, Vechain's as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
Vechainthor
VECHAIN's bull run - what's next!I called the bottom and new "BIG BUY" moment for Vechain in my last post on April 12th (with the actual bottom at 01/04). You can see my graph back then here below (you can also click on it to see how it unfolded until now):
For obvious reasons, I cleaned up the graph a bit and you can now clearly see 3 important points in the graph:
- Point 1: BIG BUY moment for Vechain (based on MACD, RSI, Stochastic Momentum Index, etc. - definitely see my previous posts for deeper understanding)
- Point 2: BIG SELL moment (same rationale)
- Point 3: the BIG BUY moment I highlighted in my previous post of April 12th
You can also see that I highlighted a "point 4" in the graph, which is where we are more or less now, and you can see a couple of things:
- Price is stable around the Fibonacci retracement level at 51579 sat.
- There is a strong support around 49000-ish as well, visible by the white line connecting the previous bottoms
- A cup and handle formation seems apparent, and the graph is still moving around within that spectrum. We can also see that we are close to the cup and handle support there.
You can also see how it looks like on the 4hr graph, with the shorter term Fibonacci horizontals:
We seem to have a crossing there of the cup & handle bottom and the white support trendline at around 47000-ish.
Indicators and the cup & handle formation suggest that some more consolidation could follow so that we continue nicely on their support levels. We can also increase somewhat more rapidly, indicators are not too clear in my opinion (after a quick & dirty analysis though), but I think the most important is that we have strong support levels, an incredible fundamental story (over 250 partnerships, a.o. with BMW, Louis Vuitton, Renault, etc. etc.) and stakes in the company by PriceWaterhouseCoopers (PwC) and some big whale investors.
Conclusion: The fundamental story behind this one is incredible, it's almost unbelievable that this one didn't moon yet. Looking at the technicals, we see strong support levels not far down, so the reward/risk ratio is actually immense, especially in the longer run.
Have a look for yourself, DYOR, and get your own stakes in Vechain if you think it's worth it!
(Also have a look at my website - see profile - for fundamental analysis(or directly twitter follow)
Thumbs up on the right of this post ;)
VeChain Bigger picture Best Crypto project out there Vechain will get into top 5-6 before the mainnet, mark my words
Vechain: NEW EXCHANGE LISTINGS - PROFIT = 18.98% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 7st of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 18.98% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 27: Tidex (cryptocurrency exchange) lists VeChain.
April 8: Vechain is recognized as APACCIOoutlook Top 10 blockchain technology solution providers in 2018.
April 10: VeChain announces a partnership with eGrid, a leading publicly listed ERP, SCM and CRM 0.76% solution provider to synergistically provide comprehensive blockchain technology backing for a significant portion of China’s automobile industry.
April 12: Vechain announces masternode selection process begins with total selection of 101 VeChain Thrudheim (Authority) Masternodes.
April 14: VeChain to further its partnership with RFID leader Xiamen Innov and newly announced top enterprise solution provider CoreLink by deploying a VeChainThor enterprise level decentralized application
April 14: Vechain is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award.
April 22: VeChain announces it's Multi-Party Payment Protocol.
April 23: Vechain partners with INPI ASIA, the VeChainThor Platform which incorporates nanotechnology with digital identification to provide solutions to some of the worlds most complex IoT 0.00% problems.
April 28: Vechain begin testing compatibility of the VeChain Wallet for various phone models.
May 2: Vechain announces that public beta test is approaching. They aim to make their code base public. As part of this test they aim to bring on 100 community testers for our public alpha to work alongside cybersecurity organizations.
May 4: News sources state that Vechain mainnet expects to launch by the end of June.
May 5: PwC HK 8.10% is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform.
(NEW) May 10: Vechain lists on Bitfinex.
The general uptrend in the crypto markets, Vechain's listing on Bitfinex as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
VEN/BTC ConsolidatingVEN seems to be consolidating in this range. I'm looking to make an entry soon ONLY if BTC can move sideways for a bit.
I'm still a little bearish on BTC and believe it will form a H&S resulting in a pullback and alt bleed.
Vechain: NEW DEVELOPMENTS - PROFIT = 36.43% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 1st of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 36.43% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 27: Tidex (cryptocurrency exchange) lists VeChain.
April 8: Vechain is recognized as APACCIOoutlook Top 10 blockchain technology solution providers in 2018.
April 10: VeChain announces a partnership with eGrid, a leading publicly listed ERP, SCM and CRM solution provider to synergistically provide comprehensive blockchain technology backing for a significant portion of China’s automobile industry.
April 12: Vechain announces masternode selection process begins with total selection of 101 VeChain Thrudheim (Authority) Masternodes.
April 14: VeChain to further its partnership with RFID leader Xiamen Innov and newly announced top enterprise solution provider CoreLink by deploying a VeChainThor enterprise level decentralized application
April 14: Vechain is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award.
April 22: VeChain announces it's Multi-Party Payment Protocol.
April 23: Vechain partners with INPI ASIA, the VeChainThor Platform which incorporates nanotechnology with digital identification to provide solutions to some of the worlds most complex IoT problems.
April 28: Vechain begin testing compatibility of the VeChain Wallet for various phone models.
May 2: Vechain announces that public beta test is approaching. They aim to make their code base public. As part of this test they aim to bring on 100 community testers for our public alpha to work alongside cybersecurity organizations.
May 4: News sources state that Vechain mainnet expects to launch by the end of June.
May 5: PwC HK is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform.
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
$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!
Vechain: Ready to explode. This coin is ready to go. The indicators are all showing a bottom was just formed and that more people are buying to fuel the uptrend. We just completed the last wave of an ABCDE wave structure. this means that we are ready to break the triangle pattern that formed.
The TRUE buy & sell moments for Vechain, continued: BUY!Introduction:
I already discussed Vechain Thor’s price movements at length in the previous articles:
- The TRUE buy & sell moments for Vechain (+ the next BUY moment!)
, and in its sequel:
- The TRUE buy & sell moments for Vechain (+ the next BUY moment! Ctn’d)
Here is a very quick recap:
In 1 (see MACD Region of the graph), we had a bullish triangle break-out accompanied by a golden cross in the MACD and a similar bull cross in the Stochastic Momentum Index ("SMI"). Other interesting indicators providing more convincing of a pending bull break-out at that time were the Chande Momentum Oscillator, and the Relative Strength Index. All that made the number 1 bull break-out on December 13th:
Weeks later, +- on the 24th of January, we saw the opposite: a trend reversal preceded by a Heikin Ashi doji, and accompanied by a death cross in the MACD in 2, and negative sentiment in the "SMI". Consequently, this moment can be highlighted as the bear break-out (number 2).
I then warned for the buy the rumour sell the news phenomenon, an event that subsequently took place on the rebranding day of VEN to VET, on the 26th of February – in 3.
I highlighted the divergence between price and Chande Momentum Oscillator somewhat later, which preceded a bullish triangle break-out, although short-lived, in 4. I also called that moment to be the next big BUY moment, but I was a little bit too early with my prediction. The MACD was indeed headed for a bullish cross, but due to the negative market sentiment first had to take one more leg down (albeit relatively limited).
Conclusion - TODAY:
However, if we look at 6 today, we see that we have practically everything that makes for a good recipe for bull-cake.
--> We have the MACD finally inclining upward with blue above red and just after a bull cross.
--> We have positive sentiment in the Stochastic Momentum Index,
--> we have a break-out of the negative trend channel that has been holding VEN hostage ever since the Bear break-out on January 24th.
--> And we seem to have a decent support at the 61,8% Fibonacci retracement level. Currently we are flirting with the first 23,6% target level (see 7) after which we could head further towards 8.
--> Even if we bought in 4, we had ourselves a nice upward move where we could've taken profits, or we could've stayed in our position in the assumption we already had the big buy moment, which would mean a temporary & small loss position, that has already turned positive in the meanwhile!
So, hereby I would like to correct the “True Buy moments” for Vechain a little, by moving that moment from 4 to 6 (first of April), which is just before the triangle and negative trend channel break-out, and which has all the required indicators going for it.
Move the TRUE buy moment from 4 to 6:
Vechain, the floor is yours.
VeChain is just one BIG bull flag #ROADTOMOONGreat times in front of us, lot of upcoming partnerships are going to make us HAPPY :)
Possible breakout in VEN/BTCVENBTC
Hey reader!
As this is my first analysis I'd apologize for any newbie mistakes made in them.
Now let's get into it.
VEN has been on a downtrend ever since the TOR launch, volume has decreased aswell. That is the main reason I believe this breakout is not real. For it to be real we need a bigger volume that it simply isn't there.
Will the chain Vehold or Vebreak?Vechain tumbled quickly after falling past the bottom of its upward channel. It's now testing red while being squeezed from above by the EMA 20.
It could find support and bounce up, but would have to break above the EMA 20 for any significant increase to occur. Watch for an up tick in volume.
However, if its breaks support of red it could end up falling hard since were already out of the upward channel. Both the examples I highlighted still had the lower channel for support. This time we do not, so who knows where it would stop. If you zoom way out on the chart its possible that were at the ominous part of the repeating purple pattern.
Ill be looking to buy somewhere between in the green box if volume looks good, sidelines if it free falls.
VEN - Reaching the end of a monster pennantVecChain has been forming what seems to be a huge pennant, similar to lots of strong alts on the market.
~15 days, it will reach the end.
With all the market FUD we have had over the past few months, VENBTC may struggle to break out of the pennant due to bitcoin's movement.
Either way, we are seeing a 12345 impulse towards the resistance - lets see how this plays out! Updates as we go with this one.
NB: please trade at your own risk, this information is for your education.
AB
$VEN 3/12 2pm EST - double bottom & falling wedge + masternode$VEN 3/12 2pm EST - double bottom & falling wedge + masternode
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.
VeChainVechain has been riding the 50 fib line and will soon encounter an established trend line.
watch for a bounce.
Nice partnershipsVeChain Thor (VET) has very interesting partnerships with BMW, Renault, and China Unicom, maybe with Alibaba too? At current trading level we see a potential 50% increase en next weeks so this is a good to go long position.
falling wedgebouncing off last upward trendline set from late 2017. looking good for reversal in a steep falling wedge.
Ven at a new low channel 37/47k satsResistance on VEN is now at 47k resistance chanel , support is hovering around the 34-37k... if it blows below this figure there will be some VERY cheap scoop ups. VEN/VET itself is still a VERY strong project and needed this realistic price correction to shake some weak hands and bring it back down to earth. It has seen a moon shot for over 2 months. I have no doubt it will pull back in June with the MasterNode release. But for now, here is to buying bags of VEN at a never to be seen again price :)
Vechain – 3 days before the big dayLet'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 the post there of " Strong support for Vechain Thor" . And it is now very close to its rebranding moment on 26/02 (Monday).
This is a Heikin Ashi chart. And as you can see in the last three candles, the dojis and spinning top tell us that there is lots of indecisiveness now regarding where price should go next .
This is actually a bullish sign in this case, because the entire crypto market is shaking on its foundations again the last couple of days, with Bitcoin retracing from its almost uber-bull break-out, for which we’ll just have to keep waiting a little longer. So, the market goes down, and Vechain is consolidating at this new price level with no clear direction yet.
If we look at the stochastics , we see a bullish cross in the MACD and all the bullish momentum that still has to come from there. The RSI is showing slight upward momentum. Volume is halting a bit… VEN rebranding day shall have to tell us more on the next price movements. But given that the rumours go that they might perhaps announce a BMW partnership together with their rebranding, maybe this time the old adage of "buy the rumour sell the news” might maybe be “buy the rumour and buy even more on the news” - that is: if Vechain indeed would play it clever on rebranding day.
Notice that Vechain is also actually trading in a shorter term upward trend channel.
Support levels are at
- 52922 sat, and 51522 sat
- Next support at 45110 sat, and 42278 sat
Resistance at
- 58409sat
- 63896 sat
Good luck and have a look at my website where I also explain the fundamental story behind this gem (7 reasons why vechain will soon be one of the crypto top 5) ;-)
This is not investment advice, DYOR
Possible H&S over the next few daysGot a possible Head and Shoulder Pattern on VeChain.
We won't get a confirmation for a few more days, but if it does happen, it will coincide with the rebranding on the 26th.
Keep in mind, this will happen over the course of the next 3-4 days. Just something to keep in mind.
VENBTC Houston we are ready for lift off! 30% GUARANTEEDVEN rebranding 26th Feb will allow VEN holders to collect THOR (like NEO & Gas). While always proving to be a highly stable coin.
You are out of your mind if you don't take this trade. Don't make me come and slap you!
Expected target of H&S 83636 SAT, target of Elliot waves 74700 SAT.
If you made money with my calls and want to thank me:
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