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VEN

VEN-USD Market Analysis - 16 June 2018Friends and foes, welcome to this analysis of VEN-USD. I have analysed the daily chart of VeCHAIN with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get started. I am using Heikin Ashi candles for this chart only just to show the trend. The price has been moving inside the symmetrical triangle since long time and is about to reach the completion point. Also, as you can see, VeChain has been following a series of Falling wedges and an Ascending Broadening wedges inside a symmetrical triangle. The outcome of this movement in the triangle can be either break upwards or break downwards and is expected to occur anywhere in between 2-3 weeks. In simple terms: (1) Falling Wedge = BULLISH (2) Ascending Broadening Wedge = BEARISH EMA + RSI I use smoothed out EMA over RSI. This is done in order to overcome choppiness and get better entry and exit points. Just remember , If the RSI line(White) is ABOVE EMA line(Red) = BUY If the RSI line(White) is BELOW EMA line(Red) = SELL So, as it is clear from the graph, the RSI and EMI lines still need more time to intersect. At this moment, they are moving towards each other. But they may fall apart again if the price heads southwards. This is not a good time to open any long position. WILLIAMS ALLIGATOR The Williams alligator shows signs of further downward movement. Basically, The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns. In simple terms, just remember that when the order of line is: 1. GREEN > RED > BLUE = BUY 2. BLUE > RED > GREEN = SELL Also, this is a lagging indicator. So, don’t reply on this one solely. Use it as a supplement with other indicators for more accurate results. MACD MACD is showing prominent selling and needs more time to give buying signal. ADX AND DI -DI moved above +DI on 22 May which means Bears are in full control since then. Expect Bearish movement to continue. VORTEX INDICATOR -VI is above +VI. So, Bearish trend is prevailing. Keep in mind that Vortex indicator is a lagging indicator. So, use this one too with other indicators as a supplement. CONCLUSIO N: I’ll leave it for you to decide. I am neither shorting nor longing at this moment, i am just sharing this for knowledge purposes only. P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk. Those who wish to achieve greatness, never seek for permissions. They follow what their heart says, and do what their mind states! Good luck trading.! Peace.
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by johntradingwick
5
VEN 12 HR CHART: BTC is the weatherveinVEN 12 HR CHART: VEN appears to be in a bull flag and is consolidating over the last 6 months around 45 Satoshi. The above chart lays out general bearish and bullish scenarios over the next several days. VEN's bear cross in the cloud and it's trajectory look bearish overall, but VEN's FA is very strong with news and new ICO's around the corner. BTC's direction will likely be the deciding factor for VEN's price action over the next days and weeks.
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by algocowboy2030
VeChain Confirming The UptrendOn the 30th of March, VeChain found the bottom at $2.1, where it rejected the 78.6% Fibonacci support level. Price went up and broke the descending channel, reaching the $5.6 high.  The correction down followed and it seems that VEN/USD found the support at $3.28, that is the level where the descending channel has been broken. Then, on the 3rd of June VeChain broke above the downtrend trendline and the 200 Moving Average, suggesting the continuation of the uptrend. The strong resistance is abased at $7.4 area and could be reached in a relatively short period of time. But it would be reasonable to watch the $2.1 support level, as break and close below would invalidate bullish outlook and could send price down to $2.2 support.
VLong
by CryptoPAMM
1
VeChain Breakout Before Mainnet Release VeChain TA/FA before Mainnet release. VeChain is making Lower Highs and Higher Lows on the daily forming a Symmetrical Triangle. It's sitting strong after two bounces from the furthest retracement at .786 fib and once again .618 fib levels. Alts still depend heavily on BTC movement. Bitcoin is in bearish territory. If it BITFINEX:BTCUSD breaks above $8,600 - $8,400 then I'll consider it bullish as long as bitcoin continues on an upward and sideways movement then alts can rally. I expect VeChain to rally hard as the mainnet release date gets closer and closer.
VLong
by bittybao
VECHAIN: LEDGER SUPPORT & MAINNET (JUNE 30) - PROFIT = 26.80%!!!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 you would have expected to net 26.80% PROFIT!!! The increase in price may also be explained by positive developments including: 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 is selected as one of the top 30 startups selected for 2018 LVMH Innovation Award. 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 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. 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. May 18: Plair announces that it is the 1st ICO to launch on VeChainThor Platform. May 19: The VeChainThor launches its Alpha Test. May 23: Bitmart Exchange lists Vechain. May 24: Flyp.me lists Vechain. May 25: Vechain announces that it plans to use it's blockchain to verify wine origin. May 25: Vechain is announced as the runner up to the LVMH Innovation Award. May 28: VeChain signs a partnership with Lingang International Manufacturing Exhibition Trading Center. May 30: Decent Bet migrates and releases their mainnet on the VeChainThor Blockchain. May 30: Mustangchain a VeChainThor Blockchain powered solution for the $300B equine industry is released. 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. 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 (NEW) June 4: The public beta for the Tokenomy platform has officially launched and lists VeChain. (NEW) June 5: VeChain announces that 1st preliminary review has been conducted of Authority Masternode candidates and that potential applicants have been contacted. (NEW) June 6: Ledger (cryptocurrency cold storage wallet) announces future support for VeChain. (NEW) June 30: VeChain has announced that this is the date for the upcoming mainnet release date. This will involve a subsequent conversion of 1 x VEN ERC-20 token to 100 x VET tokens on the mainnet. The price of VET will be 1/100 the price of a VEN token. 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" used in this analysis is included as part of the Crypto Trade Signals subscription.***
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by CryptoTradeSignals
Vechain finding support again, & looking greatI've been following Vechain for a while now and fundamentally it's an astounding business - 250+ partnerships amongst which projects to e.g. put the supply chain of BMW right into the blockchain. Quick post on the technicals + note that you can find my previous posts on Vechain here below in the "link to related ideas". Recently, Vechain broke the long term support and the cup & handle formation, but I think this is mostly a temporary anomaly / perhaps have to redraw the cup-part. In any case, price fell out of that pattern so it could touch and find the support on the horizontal 50% Fibonacci level (light green horizontal). The point where this happened was also exactly on the 61,8% Fibonacci speed resistance line (the diagonal depicted with a 0.618 next to it). Since then, we already moved back above the long term support line and we are confirming support there. Indicators are oriented bullishly (MACD; RSI) and fundamentals tell no other story. Our called-out "TRUE" buy moment, has not let us down, and we will see new gains soon. Especially if one considers the giant triangle formation Vechain is about to break from either direction. So, it is definitely time to keep an eye out on this one.
VLong
by A_Cryptastic_Mind
VEN 6/06hello guys Ven did not retrace enough in my buy zone, I have 1 option to do and that is to accept it for now. If we assume that this was the retracement. What's next? We're at resistance as I'm writing this, we have 3 possibilities. 1) break the resistance and start a small rally to the target zone that will give you +- 10% gain 2) correct to my buy zone 3) go sideways and then to the moon :) Don't forget to like, subscribe and share good luck and thank you for tuning in !! tipjar: btc 17wEgVDCLGHjU7T9HRvaYdESopUeeDXJBY
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by t80260
VEN:BTC - Cup and Handle Pattern for 75% Profit PotentialHi All, So VEN VS BTC has had a nice cup and handle forming since around the 25th of Feb. Unfortunately data for this pairing on TV only goes back as far as mid May; however I have used Coinigy to confirm the pattern and have added it in just so you can see where it approximately sits in the scheme of things. I have measured the height and subsequent target on a breakout out the rim and also added them in for reference. It is important to note that we need to see a breakout above the rim WITH Supporting Volume before considering this trade active. However if we do see this then the target is up around 0.0092500 for anywhere from 50-75% profit depending on where you get in. I am pretty confident that BTC is about to launch upwards in the next couple days and it will drag some alts with it. Given this pattern is primed and ready to go, and I quite like VEN - I have broken all my rules and gone in now aiming for around 75% profit. I do however suggest you wait for the confirmed breakout before attempting to make a profit; unless you truly do like VEN like me (and can see yourself holding it in the unlikely chance we do not see the breakout with supporting volume and the pattern is invalidated). Trade safe!
VLong
by Corrupt_Economy
VEN 4/06Hello guys So for VEN we're going down as you can see XD First support to watch is 49010 but I don't think that will hold, what I'm expecting is that it is going to drop further to the buy zone somewhere there. Also 4h rsi has already met OB conditions and the macd is ticking down and probably is going to cross bearish. Don't forget to like, subscribe and share It doesn't cost you anything :) good luck and thank you for tuning in !! disclaimer: The Legal stuff - I'm not financial adviser.
VShort
by t80260
13