VEN/BTC poised for major breakoutVEN/btc has one of the best daily charts out there. you can see after its big pop last month we have been consolidating in a very orderly manner. Our moving averages are curling up right underneath providing support. The last few days it has been creeping up slowly. Now we are starting to see on a 30minute chart it setup for a breakout. If you take a look at the 30minute chart you see multiple layers of support in the .000595 range that can provide us cover for any intraday pullbacks.
VENBTC
VEN/BTC joining the alt rise!This has been posted with a delay since this account is fairly new but it is not to late to join the ride.
VEN has been on a nice uptrend since the 14th and has been keeping up ever since, heading towards the completion of the Ascending Triangle Pattern.
Besides that we have had a smaller bull flag indicating where the next move upwards can go.
Bullish cross on the EMA's, Cloud is supporting a further uptrend and the VEN Rebrand is coming up as well!
More risky than I'd normally trade but the rebrand and the compounding bullish signals is making this a likely break out.
Red box is the last resistance area VEN is about to face.
Notes in the chart, Happy trading!
Do you enjoy the longer explanation such as at my BTC chart or do you like the shorter ones like this one?
Let me know in the comments!
Enjoy the analysis!
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
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VEN back in business?Quick tradeBINANCE:VENBTC was in business before the last quake on BTC. As all the Alts had to suffer together with it. I see a good weekend for it since all of us have a big hunger for some wins...Volumes are quickly increasing which is a good sign.For a short trade with medium low risk buy with 0.00058-0.000595 and sell 0.00061-0.00063. Stop loss at 0.00055. I will update this idea later as the market will gain a bit of trust.
P.S. It's an idea(MIne!) not a trade suggestion...everyone does as considered...
VEN VEN still in uptrend - slight update to previous graph. Once we hit the middle point of the upward trend for a 3rd time we should break past it to the outer trend line. If we manage to break that, we could see VEN going for a run. With that being said VEN is solid for continuing to increase
VEN/BTC Time Frame 1 Hour on Binance Exchange.BUY:
53650 - 54637 Satoshi
SELL:
56689 - 58000 - 58500 - 59990 Satoshi
STOP-LOSS:
52997 Satoshi
Join on my Telegram Channel @kripto_koin (t.me) for more Technical Analysis, Coin Events and Information about Big Pumping coin on Binance and Cryptopia Exchange.
POTENTIAL VeChain BREAKOUT! [VEN/BTC]Potential breakout here.
1 DAY TF
Fundamentals
1/2 Resistances overcome, just got the 0.5 FIBLINE resistance to tackle now.
Ascending Triangle
A good ascending triangle is a nice indicator that we could go into a solid uptrend.
MA
Just above the MA, but has flattened out, this indicates we could go either way..
Volume
We need more volume.
~~~~~
4H TF
All indicators
All the indicators I have used show bullish progression, MACD cross, sqzmom, rsi in good place, ADX looking to establish itself.
We now just wait for confirmation before buy ins.
Conclusion
~We got denied a breakout earlier in the triangle, but given we are heading towards the end of the triangle there is a higher probability we could breakout.
TP1: Green dotted
TP2: Orange dotted
TP3: Red dotted
Stoploss- just below horizontal resistance, set where you're comfortable with.
I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
If you liked this short post, be sure to follow and like . It really helps out :D
~Xander
What $VEN gonna be baby! #altcoins #cryptocurrency #bitcoinMain resistance line and existing support line forms a descending triangle but, it is hard to estimate up or down. Any ideas?
VEN - vechain Buy before rebrandingHey all.
Many here knows how great VEN project is, and the huge potential in it.
VEN is currently struggling with low volumes, but never the less. Chinese are coming back, and they will support VEN big time.
VEN announced that they will do rebranding around 28.2. Normally rebranding is connected with strong marketing - of course, you need to inform all investors about re-branding, and so the reach and awareness grows!
So, traders, investors, I think now it's a great time to put some bitcoins into VEN, and enjoy profits.
Regards
VENBTC Elliot Wave predictionHi folks, looks like at the moment VEN is in a bullish short term, but be aware that it could face a correction after wave 5 hopefully breaking resistance at 057998!!
;-)
VEN: Change of Fortune?On my last post I feel as though I rushed the analysis and missed some important developments. As you can see in yellow there was a clear inverse head and shoulders developing, initially formed by the breakout of the downtrend channel (in black). The left shoulder and head were there, but the right shoulder failed to reach the neckline, resulting in a breakdown of the rally up. We are now clearly in a rising wedge formation, indicated by the blue resistance channels. The rising wedge is a bearish pattern and while typically a reversal, can also be a continuation pattern.
The MACD is in slight bearish divergence which supports the claim of the rising wedge continuation. I want to see how the wedge develops but I have a feeling this will follow the red trendline and result in one final dip before we ultimately begin our bullish ascent. If there is a break to the downside of the wedge formation, I would expect support at the 78.6% Fibonacci Retracement. The Retracement was calculated using the major bull run experienced back in January. This 78.6% level (.00046sat) held as a strong resistance before the January breakout and has since acted as a nice little support, occurring prior to the rising wedge formation began. A drop to the 786 level would coincide nicely with another developing head-and-shoulders pattern. Current levels being the left shoulder, and the retracement being the head. Of course I am now getting ahead of myself.
I want to continue to monitor this but right now I am going to hold off on any trading of VEN until this is clear of the wedge. I have some stored away for the long-term, but for the short term I am out of this one. In the meantime let's see how this puppy rides!
Any and all feedback (including tips) are appreciated!
BTC - 14WRSvZ8uBapqS81WeRwnqmjNJ7iYUR2sD
ETH - 0x88e544d0493EaFb9fEaC33FB4b60A8007435a403
LTC - LW1ixkVoFcwKWPdsZbDhDfHToaMHTs2sr2
VENBTC / VeChain - Possible Ascending Wedge FormingAll,
Just checkout the chart and let me know your thoughts even if it does fall out there support to catch it.
VENwhat i think is the resistance = orange lines
what i think is the support = blue lines
trend line = black line
VEN/ETH predictionThere are 2 different pathways VEN can follow. When looking at the current market I expect VEN to follow the Yellow ABCDE Elliot waves, expecting a correction. The pathway will be determined in the green box.
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This is just a rough analysis I did for myself. Feedback is very welcomed!
$VEN $VET #Vechain - possible bearish trendVechain had an amazing 10x run in January made a lot of people happy.
I see good news every day, partnerships. Rebranding event coming next week.
So you might ask, what is wrong in this picture?
first, there is no product yet. the mainnet will be launched in June this year.
second, the steep 10x increase in price. a lot of people I know, including me, will take profits at 10x no matter what and never look back.
I sense an OmiseGO action here. They had a big hype last year, but the OMG product is meant to go live first this year. the took it down hard.
it's possible that now we are in a bull trap, on the right shoulder
so, I will love to buy VENBTC but only if it goes down to the 618 fib line.
if I'm wrong, well, it's not a good trade anyway, risk is too high, reward too low.
VeChain Five Days tradeHi friends!
Trade with a potential to gain 56% profits,
TA: Bull Flag pattern found. I Show Elliot Waves.
VEN corrected only 50% since ATH, and now looking strong, If it will breakout Bull Flag in upward direction.
Targets:
After Bull Flag breakout, we will have confirmation for next targets:
0.00064
0.00071
0.00081
0.00090
Stop loss:
0.00050
Time prediction: estimated 5 days to target.
For Fundamental Reasons, join my Telegram channel.
Stay tunned,
BR, Artem Shevelev
VENBTC Houston we are ready for lift off! 30% GUARANTEEDVEN rebranding 26th Feb will allow VEN holders to collect THOR (like NEO & Gas). While always proving to be a highly stable coin.
You are out of your mind if you don't take this trade. Don't make me come and slap you!
Expected target of H&S 83636 SAT, target of Elliot waves 74700 SAT.
If you made money with my calls and want to thank me:
Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9
Donate LTC: LVZef6iRGe7unhECDFmGDM8VzDMzUaGZqY
VEN ProposalVEN is in an uptrend and should continue to hold. If we hit either green area's we should see big movements
VENBTC Triangle break out and XABCD patternThe price movement went out of the triangle and formed the XABCD pattern. MACD (12, 27) and moving averages indicate a further growth. The price can form 5 Elliott wave pattern if it bounce from the Fib 0.5 support level. We will carefully watch this coin and provide you with all updates. For now it is a good trading opportunity.