Potential C&HWatch out for this one. Handle target lines up perfectly with good resistance. Potentially making a larger cup. Bottom finder is going nuts also.
VEN
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.***
ven falling wedge breakout | support and resistanceven falling wedge breakout | support and resistance
VEN VechainVen is setting up nicely as well. We have established a nice up trend line now that price is respecting and bouncing off of. We do have a new up AB fib sequence and we came down to the .786. We have broken the down trendline as well. Once could enter here and look to set stop around that $3.00 area of the last low. One could wait for the EMA crossover though as an added confirmation.
VEN/BTC
Facing some current resistance as we witness a positive EMA upon 1hr. 4hr shows we are testing midpoint, before testing 55 EMA and downtrend test. Stop loss 44921
VENTBTC Good Long TrendHey All,
Hope all your trades are going good, VENBTC Long. Depending on BTC Trend; UP, Down or Horizontal.
Bullish sign will show higher highs and higher lows which is currecntly the case for VENBTC.
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 - Expected Price Movement In the Coming MonthVeChain is launching their main-net soon (By the end of June).
Solid project, solid devs and the best part is that we are in a good entry zone for a good profit in the 4-5 weeks.
Accumulation zone within the yellow target.
Target profits as market on chart above.
I am not a professional trader/advisor, so only invest/trade at your own due diligence.
Good luck!
Bullish Flat Kumo BounceAll parts of Single ichi setting bullish and all bullish on double settings except bearish cloud. Also support along the 50 MA and 100 MA. Placing stop close below the cloud.
VEN bullish with trend line!As we can see Ven has been on an upwards trendline ever since the lows of March.
Even with the recent BTC drops Ven has been staying strong and consolidating giving back very little gains.
My next entry will be around 0.0005 - 0.00051 Sats
This level has two concurring supports! 0.382 Fib level AND the TREND LINE!
Stop-loss we will give it 0.00002 sats to 0.00048. This depends on the movement of BTC I might give it a little more room
This is my opinion and not to be taken as investment advice!
Truly Yours,
Lethalasian
VeChain (VEN) Uptrend Ride (222% Earnings Potential)VeChain (VEN) is in an uptrend, a very strong one if you ask me. The Altcoins market entered a healthy and very normal correction and it is still within the consolidation phase of this correction, yet VeChain (VEN) wasn't really affected at all by it and it is now moving up strong within its established uptrend.
Let's join this uptrend and ride it up all the way to the top that VEN is trying to reach... Follow me please...
VeChain (VENBTC) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.00050 - 0.00058
Note: Wait for the retrace before buying in.
VeChain (VEN) Targets:
(1) 0.000622
(2) 0.000712
(3) 0.000812
(4) 0.000932
(5) 0.001122
Stop loss: 0.00046
You better secure and enjoy the profits... when the time comes!
THE BEGINNING OF THE SONG
It starts with emotions of warm, bright and glow.
It is something incredible, first time I hear this voice.
A voice that takes away the dark.
A voice that clears the cold, a voice that frees your mind.
A voice that has always been there, that only knows how to shine.
The beginning of the song, you've seen it happen, you know its natural, for us it was made...
The beginning of the song...
When the SUN comes up to life, and brings brightness to your brand New Day!
Namaste.
VEN working on wave 4. 60% gains comingVen looks to be coming down on wave 4. Check the chart. Its all written there.
What to Expect from VeChain?Hey, I am back with another Technical Analysis , this time looking at VeChain.
I will just keep this one more simple this time.
Taking look at chart.
I have determined zone, where sellers were showing after run up, and than finding support here, currently this zone is a strong demand zone. Strong ressistance at 60,000 and support at 40,000, I see VeChain at this support only if Bitcoin will see some more selloff.
What about Indicators?
I have never seen RSI support and ressist level this high, which makes this Token really strong, anyway tommorow we can still see some green candle as we are headed to support level, which we can stay for a while.. If VeChain is strongly bearish, VeChain will just past this level easy.
MACD - First histogram tick so long, thats really not a good sign, but you have to keep in mind that this tick can still change, as its today tick, Strong bearish trend.
EMA has changed trend from bullish to bearish.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel!
Hope I made your view on whats going on with VeChain somehow clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will do an update!
VENBTC Bearish Divergence to Complete Cup & HandleAbove I have outlined a cup and handle possibility with the handle retracing to 0.618 fib rather than 0.5 due to the volume and ichimoku cloud patterns acting as support during an upcoming correction. The bearish divergence on the RSI further adds to the upcoming handle. Two fib retracements show our next levels coinciding with the expected run we should get from a cup and handle (The expected run derived from the cup's lead up as shown with the % gain green bars).
It will be interesting to see if we make a larger cup with the two peaks at 81k.
This is my first post in a while as multiple posts were removed by moderators due to including links to the discord discussion server.
Feel free to join and ask to be added to notifications as analysts post charts for those on the server.
The link is still available on my profile, good luck trading!
$VEN BTC - Perfect range play between 48K and 60KLadies and gentlemen,
Here we have an excellent range play from VEN. Buy near bottom, sell near the top. The range is between 48K and 60K which gives you a nice range of 50-58K of play. That is about 16% of profit and you can rinse & repeat until we break 60K. This should last for about 30-45 days.
The technicals behind this trade:
We are currently in wave (4) of this first wave of (iii). Fourth waves are notoriously complicated with lots of sideway actions.
We’ve hit a key resistance at 60K, also a psychological barrier for some and most HODLers are probably still stuck in VEN from the last major announcement with BMW. With us being denied at the first glance at 60K, chances are there will be lots of sellers the next time we see this range. We have 9 bars respecting this resistance from Feb.
The divergence in RSI should send VEN very far south but we have quite a bit of support established from March highs and Feb lows as well as the 100D MA currently just north of 46K. When we’re trading below an RSI resistance trend line, we typically either go down or sideways. In our case, likely sideways since the support is very strong at this 48K level.
I expect for us to continue to bounce at these levels until BTC finds the courage to start heading north. In the mean time, have fun with this dance. If we break either support or resistance, of course this idea would be invalidated
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
VeChain Machine Learning AI Crypto SignalThe rolling three-day signal for VeChain (VEN) is "Don't Own". This is day three of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.
VEN/BTC Bullish In A Market Like This ?VEN is forming a lot of good looking signals here.
1) Flag Pattern (continuation pattern) - broke out in the upside from the pattern confirming its direction.
2) MA on the 1 day and the 2 day are crossing strong bullish.
3) If using the HVF setup; it broke out in the upside for pattern for two different Targets to take profit out from.
4) Looks to almost be forming a Cup & Handle Pattern.
Only Negative is if BTC plummets and takes the price of this coin down with it.
VeChain Upside potentialVeChain (VENBTC) is sitting between support and resistance levels and soon we may see a breakout.
If price rallies, we can expect it to reach the resistance area around 0.00063 before continuing higher.
If price reaches the support level around 0.0005 we may also see a rally up to the resistance level.
If we see a break through the support level, the next support area is around 0.00045.
Good Luck,
CryptoTrendline