VENBTCVechain will go down hard when crucial 36000 satoshi support breaks.
There are a few supports with possible bounce areas, but nothing maojor until 8000-9000 sat
VEN
VEChain Potential 50% Mover on a TIGHT StopIts a super tight Stop right now (around 5%). If this thing sparks upwards momentum it can run a good 50% relatively fast.
Entry below 0.000465
Target 0.0007
StopLoss 0.000365
For The Win
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.
WILL SUPPORT HOLD?- Price is still moving in a downwards channel
- Price is weighing on support ATM
- If price closes under support >>> next stop lowest line of the channel
- If price closes above >>> next stop highest line of the channel
- Bears are still in control
- Major news release could change momentum North
- Like if you agree
Bullish opportunity on VENBTCFalling wedge. Price currently at the bottom of Bollinger Band. Stoch RSI is oversold. RSI is showing a bullish divergence. I can see two support areas. The first one is marked with orange and the second one is marked with yellow. A safe trade entry could be once the falling wedge has a breakout. I took a risky chance and already entered the trade. My SL would be if yellow support area is broken. My TP would be just slightly below 68.80% Fib level.
My trade details:
Entry = 0.00040495
TP = 0.00042150
SL = 0.00039800
Constructive criticism would be appreciated.
VENBTC (Volume Analysis Prediction 3/16/2018)Coin in an uptrend
Entrance to the continuation of movement
The trade has a good risk / reward ratio
Entry point: 0.0004785
Stop: 0.0004628
Target1: 0.000502
Target2: 0.000538
BASE 150
ALIGATORE WILYAMSA
fibo levels
Vechain - Starting to scale inAs people that wish to have a masternode are accumulating positions until the 20th, I am seeing if I can squeeze in a long and build a position for the long term along the bottom of the descending wedge pattern. I will keep a close eye if and when we reach the top of the wedge as I am not sure if I will liquidate yet. There are a lot of harmonic patterns across the board accompanied with increased volume which makes me think that we might see a bounce from here. We'll cross that bridge when we get there but I think this is a good point of entry for the time being.
Flirting with resistance- VET is the ONLY one in the top 20 rising against the USD in 2018 (+ 60 %)
- 41 % of the circulating supply is locked down in the X-series Node Program
- At the moment price is flirting with resistance
- If it breaks and closes above resistance the next challenge will be the downwards trendline
- Bears are still driving but the road is uphill
VEN/BTC forming a bullish flag or downtrend?Hey, I was just looking at Ven/btc and i find it very intresting forming a bullish flag in my eyes.
I think it can bounce up really soon. Be prepared for the entry.
I would like if you leaved a comment and tell me and others what you think about my chart analys.
Cheers & happy hodling sesson! :)
VECHAIN -elliott wave count and correctionI am waiting to buy vechain possibly cheaper within the next month it seems like this will correct slightly lower based on chart pattern...
VENBTC short term bullishVen trying retest bullish trend and potential double bottom bullish reverse.
First target 51.300
Second target 54k
VeChain Cup and Handle 4hrLooks like we have a Cup and Handle on the 4hr chart.
I'm looking at this price right there as the target, I believe it is around a 13% gain.
Don't forget last date for people to lock in a Masternode is the 20th so I will not be surprised if we get some movement.
VENBTC (Volume Analysis Prediction 3/13/2018)The market remains bearish
VEN Moves on its own
Now the price is near the upper boundary of the consolidation
If the price break out 0.0004675, We can see a good uptrend.
Entry point: 0.0004675
Stop: 0.00043785
Target1: 0.000499
Target2: 0.0005379
Slow But Safe! Cash is CashHere we have VEN, I personally find this a horrible coin but I do like making money.
I seen this last night and didn't post it as not a fan, but momentum is supporting this move so just because of my dislike for VEN shouldn't prevent us from making money.
You will see the black line on the chart this is where you set your stop loss, this is why I said its a safe trade as the stop loss is tucked quite close to the price the risk VS reward here is in favour of the reward.
Now you can open a position at anytime, and with the current momentum showing we will hit targets. I split the chart so you can see on the short time frame 1H we lack volume, we want to see volume smashing through that little orange line. However on the 4H we are still looking good and they say slow and steady wins the race.
This is a stress free trade as you enter set your stop loss and wait for my next update tell you we hit target.
Don't expect this to come to fruition within hours, since we have slowed down on volume we may hover between target 1 and 2 for a while but after we close above target 2 more buying will come in and speed up the move.
Have fun on this trade, if want something more fast paced with some faster action I will delver this soon. Keep in mind though you can diversify your portfolio and if you trade with me we are winner as the reward will always outweigh your risk otherwise plain and simple I won't publish the trade!
Cash is King! Join us for 5-10% profit per day
VEN/BTC Binance 13.03.2018I see 5 legs up, leg 3 is finished and now should be correction to 4 on Fib level. Good support on 50 MA, there is a space to touch 200 MA with leg 5.
$VEN 3/12 2pm EST - double bottom & falling wedge + masternode$VEN 3/12 2pm EST - double bottom & falling wedge + masternode
How to trade a "Flat Top" Breakout - VEN/BTC Trade ExampleThere are many ways to trade a breakout and a good one to trade during a bull market is the Flat Top Breakout.
What is a Flat Top?
A Flat Top occurs when there is a clear resistance level (flat top) and a slope of higher lows, indicating the upward trend:
As you can see in the chart above, the pattern looks like a triangle with the top of the triangle being the horizontal resistance and the bottom is the upward sloping support trend line. That's why this pattern can also be referred to as the ascending triangle.
How to trade the Flat Top Breakout?
Entry Point:
Enter after the resistance level, the "flat top" has just been broken with increasing volume.
Stop Loss:
Place your stop loss just below the recent swing low.
Profit Target:
Use the height of the flat top/triangle to determine your profit target or objective.
In summary, the flat top breakout is a pattern that is fairly easy to identify and provide a good risk to reward trading opportunity.
Using the information covered in this post will help you with a trading plan that, when executed properly, can offer good profits, manageable risk and a higher probability of success.
If you found this post informative and helpful, please give a like and or share. Leave a comment if you have any questions.
And until next time, good luck with your trading!
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.
VEN retracing to the 61.8 fib?Just broke out of the ichi cloud, currently hanging around the 50% fib of the entire breakout it's had. Given general bearish sentiment in crypto market, think a dive towards 61.8 level is likely.