Flags are short-term continuation patterns that mark a small consolidation. Symmetrical triangle, which can be referred as a coil, usually forms during a trend as acontinuation pattern. The pattern contains at least two lower highs and two higher lows.
VENUSD is trading on a 1D Channel Down (RSI = 31.035, Highs/Lows = -0.5037, B/BP = -0.6960, MACD = -0.230) that will take some time to make a clear Lower High again. Based on 4H (Williams = -94.498) there are more chances to continue its descending trend on a slow pace. Our position on VeChain is short, TP = 1.000 and 0.8000 in extension.
RSI bullishly diverging from the candles. VeChain is about to bounce!!!
Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target. Entry - 263-279 Sat. Target (short term) - 288-299 Target #1 - 353 Target #2...
completed 1 wave.... look for the 2 to be around the 50 to golden pocket
VEN broke out of a falling wedge pattern. Bullish movement expected the coming weeks.
The Garley technical model is being formed with VEN Section XA formed in the bull market from 2500 up to 81368 sts Section AB adjusts 61.8% to 32400 Section BC corrects 50% to 59000 And the CD is being formed with a target of 154% of BC, and is estimated at 19,300 We recommend trading in the following trading areas: EP: 19300 TP: 38000 (90% of profit) TG:...
Hey everyone, it looks like VEN has entered my buy zone, I was able to pick it up at 0.00024310. Don't forget to set that stop loss, good luck!
I spent hours to count and recognise the waves, right now we are on wave b and soon should move to wave c and retrace. I believe whales will push it hard to hit the bottom again and that will give us double bottom and confirmation of an uptrend. Stoch is overbought needs to retrace Macd: is slowly going down Target: 0.00021500
Hi All, Hope all your trades are going well. It's all in the chart for VechainThor VENBTC. VENBTC just made higher high within the channel. RSI Level: Shows Oversold by a big margin. Probability: 60% VEN go Higher with a 40% VEN go lower. Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below....
As you can see we might see a trend reversal, this is a quick trade. Target: 0.00025800 - 0.00026400
Hey guys, This time i am presenting you a bigger picture of an altcoin with amazing potential: VeChain. I was honestly surprised by the perfect harmony of this technical analysis. The intersection on the green support line of the triangle with the .236 fib retracement pattern coincides perfectly with the lowest price that VEN has hit in a while. Coincidence?I...
HI All, It's All in the chart: BTCUSD. Just Entered into VENBTC. RSI shows oversold. When will the downtrend end, who knows, but this is a long position. This trade VENBTC could go much lower, because its Predicated on BTCUSD. Hence, stop loss is a must. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time....
Ven is currently on 0.236 support of Fibonacci. If the bracket does not break, it will mainly have two reversal points. The black line just below, or the support around 0.009. To enter the trade, wait for at least the RSI line on the daily chart to point up and / or an accumulation in the price.
Hi guys, Today I have another update on another coin. It's VeChain (AGAIN!). You are looking at the daily chart, which tells us the following: - Parabolic drop from 40k sats to current level (22.1k at time of writing); - Still hugely oversold. RSI of 13.9 on Daily, which is all time low for VeChain; - Weak support soon, due to price action in January and .786...
Hi guys, Another update on another coin. This time it is VENBTC -4.80% -4.80% . You are looking at the 4hourly chart, which tells us a couple of things: - VENBTC -4.80% -4.80% dropped approximately 45-50% since the last wave up; - We broke through the 32k sat support - VENBTC -4.80% -4.80% is oversold on all timeframes!! - RSI and MACD histograms are...
Quick post: -Vechain almost at the likely bottom of its correction (78,6% correction horizontal in blue) - around 20.000 satoshi. Currently at 22.000. - Given the incredible fundamentals of this one, this might be a good, if not a very good, if not an amazing and scarce opportunity for purchasing some. - Looking at the RSI: only at 5, or in normal language:...