VEN
ven/btc looking prepped for moonVen/btc looks like it finalised its correction period and is impulsing to higher highs.
Great Buy opportunity.
Good Luck,
Still in downtrendVen picked up a little but still in downtrend.
It still has strong resistances to break to get bullish.
Vechain VEN | VEN/BTC retracement to previous support levels.Looking for VEN to finish an ABCDE correction to previous level of support before it made the swing up to the local ATH.
Vechain (VEN) still in correction (bearish) (short term)Vechain came from a nice 5th elliot wave, but is now in a ABC correction.
VEN wants to BREAKOUTBased on previous symmetrical triangles and breakouts at the end, VEN is a good choice for those who buying alts now
Vechain Small dip before the Pump!It looks like we could see a lower low.
I expect a bounce soon wich brings us to the green B.
Maybe the abc correction is done but im not sure.
if we break the cyan line the green abc is valid.
otherwise the short version the red abc will be valid.
But Daily MACD is going down.
VEN 5 Wave - Junior LancasterVEN is beginning its Wave 5 climb, hopefully it will not be too affected by BTC volatility - @juni0rlancaster (aka BTCookieMonster)
VeChain analysisVENBTC is in a pennant and close to support. It will likely test it again before going up. If it breaks, it will retrace to the next support line, where I'd recommend an entry.
RSI supports upwards movement.
Remember to set your stoplosses when you enter: markets can sometimes be irrational.
If I made you money, please consider buying me a beer to make my day:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Feel free to ask me questions or to ask me to perform my analysis on a coin of your choice.
Happy trading!
Vechain VEN looking for double-top breakout potential.VEN needs to hold support AT or ABOVE the local 618 FIB to pop-off onto the short-term 1.618 extension.
If support isn't made AT or ABOVE the local 618 FIB, then we can expect the retracement negative-momentum to continue as we move towards previously untested levels of support.
VeChain (VEN) Breakout | BinanceVEN has successfully broken out of the downtrend.
Our previous trade is still valid and the long term support trend is still intact.
Here is the trade we shared on Telegram on the 21st of January:
Buyin Range: 0.00038BTC - 0.0007BTC
Sell Targets:
Target 1 ( 45% - 162% profit): 0.000996BTC
Target 2 ( 113% - 293% profit): 0.001496BTC
Target 3 ( 170% - 399% profit): 0.001896BTC
Fundamentals:
- VeChain rebranding event will occur on Feb 26th, 2018, in Singapore: twitter.com
VECHAIN: HODLER MINDSET CASESTUDYI am officially raising the banner of secular bear against Vechain, meaning there will be more sellers than buyers in the coming price action cycle.
I have laid out on the chart above my plan of action to slowly accumulate this cryptocurrency. This is what contrarians do: wait for the wash trades to play out, while timing tiering buys on the low end. I see a path for Vechain to break a downtrend in about April, barring a total crash in the mid term, or an acute price breakout higher in the short term. This is a wild one with a ton of good press but the possibility for seemingly done-deals to break apart. That would be a total disaster for the price movement.
In this way, I predict investors to make an orderly exit and capitalize on the current hype train, selling large amounts of VEN to small investors; a net negative for price. While this hype train begins slowing down, I will be waiting at the next train stop with bid orders placed in total composure. This is what I do in all trades. I do not chase after the train. If I am totally wrong on this one, then I will change the analogy to one about me missing the boat. Fortunately there are many fish in the sea and VeChain is just another fish.
Furthermore, I will continue to read the paper - as I wait for this train - looking for headlines such as, "DNV CL and VeChain Set New Standard for Supply Chain Management" or, "DNV CL Delayed In Switch Over to Blockchain Logistics Ledger, VeChain." This will guide my projections going forward. Follow this post for updates.
In short, I like VeChain and see the potential; but am not desperate to ring out what is left in the hype. For instance, it is clear that investors dropped their bags at the door before the January 24 press conference, as is seen on the chart above. This is the news that was released on that date: cdn.vechain.com
On the other hand, we have the traditional b*llsh** going on over at the VeChain Reddit echo-chamber & "crypto"-community (crypto as in secret-Whale sellers creating bullish hype while cashing out). www.reddit.com
Some exuberant users are calling for the current price of $6.00 to move to $100 by year end. This is quite a claim, an often spouted HODLER talking point and a seldom seen fortuity. After reading the post above many might conclude, "Hey, might as well put in a few bucks," but it takes more than a HODLER's talking points to get me involved.
I will be following this proposed trade closely as a continuation of my former short call chart, which I absolutely got BTFO on. I have a feeling my predictions will be accurate going forward as I figure there is plenty of air on price for the low end. I like being the lone trader calling for practical price action after a major pump, rather than the dumbo with a few bullet points calling for an immaculate high. We'll see who is prudent.
I recommend no action on VeChain as of 1/30/2018.
Disclaimer: Do not take this as a competent or sane rambling. This information is not to inspire any action, whatsoever.
VeChain VEN BTC Forecast - Seeking EntryVEN chart showsa complete Elliot's Wave followed by an ABC correction. Price is moving towards the 0.786 Fibonacci line at 54,500. One should await a test on that fib line and see if it bounces or breaks. Although it's very tempting to jump in at this price, a prudent approach should be taken and await a bottom, reversal and always time entry with the help of indicators including MACD, volume and RSI (40 slightly oversold).
This is not an investment advice, always do your own research.
BUY VEN NOWAs you see, VEN is protecting its upward trend in long run, of course BTC collapses effect it but it stays strong.
It's low price now and huge potential for one week etc.
$VEN looking to move -50%-60% Target This is only my second published chart analysis so take this with a grain of salt.
BINANCE:VENBTC has been following it's trend nicely and looks to be finishing it's consolidation. The only time that VEN looks to be breaking it's trend is when BTC runs or falls. I've noted the BTC korea FUD between 4th and 6th of JAN.
We saw a similar trend between 10th and 17th of JAN, before the massive jump from .0004 to .0008.
Disclaimer: Past performance is not a reliable guarantee of future performance -- and if we get news similar to the recent Coinmarketcap adjustment, Korea/China FUD or some underwhelming partnership announcements we could see this fall back to the 0.78fib or .00045 - 0.0047 BTC
I am long on VEN and have multiple positions, however for this trade my entrance is .00055 -- I do not trade with stop losses and my target for this trade will be .0009 - .001 for 1st - 7th of Februrary.
Sentimental News?
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CocaColaKid_OG on twitter has been posting cryptic Vechain predictions for months now and most (if not all) has come true with time. This new recent tweet ( link ) is believed to be hinting at a partnership with Luxottica, the worlds largest eyewear company. Buy the rumour, sell the news!
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~ Rebranding by 26th-28th of Feb - twitter.com
~ Multiple Non-Disclosure Agreements are ending, meaning Vechain can officially announce partnerships
~ Mainnet coming in June
VEN/BTC 100% OPPORTUNITYI suggest waiting for VEN to bounce off the uptrend support before entering ( 0.00048 area). This is what I consider a VERY safe entry, yes the price might not reach that area before it MOON but there's a very strong possibility it will.
VeChain posibble leg up /15 USDWatch out for the downtrend breakout and raising volume, this is possible scenario. VeChain is great project and at the end of Febuary they are having rebranding. More partnerships...
Looks like VEN is getting ready for a run!Descending triangle indicating a continuation of the previous uptrend. MACD hinting upward movement. RSI trying to break the downward trendline. Once the triangle breaks on the upside, buying can be done at .00059000 with a conservative 10% profit target at .00064900. And a second target at .00080000 (previous resistance).
Criticism welcomed!
[VEN/BTC] Bullish PitchforkVEN has a nice pitchfork going right now which should allow for some small swing trades. Watch for price to touch the lower bands for an entry and sell when it hits the upper bands. Also look for RSI divergences for either confirmation or signs of trend reversal.