Short VEN/BTC Trade AssumptionAn assumption on a short VEN/BTC trade as soon as it's backed by more volume.
I'm not a financial advisor. This is not financial advice. Do your own technical analysis and due diligence. Trading is at your own risk.
VENBTC
Descending Wedge VEN/BTC, potential breakout within next weekI really like this coin's tech and dev team, along with the wedge forming here and its relatively strong hold during BTC dip the last week or so, could see green soon. About 40% from ATH's too.
VeChain (VEN:BTC) breaking off of bear EWC pattern! (Read Desc)VeChain is a very strong project with support from many major fortune 500 companies and government entities.
By the end of February, VeChain's rebranding to VeChain Thor will be met with a period of bullishness which adds to this projection.
Best of luck and make sure that you are practicing safe trading techniques :^)
VEN ABCDE Correction Before Rebrand Bull RunGo easy on me guys, this is my first published TA!
Still going through ABCDE correction.
Rebrand event coming up on the 26th of February, looking for a run up the week prior.
Dependent on what BTC does.
Entry: 38k - 46k
Tarket 1: 75k
Target 2: 82k
Tarket 3: 96k
VEN/BTC Short-term wavecount (potential 7:1 trade)Hey my dudes, here's my take on the current VEN/BTC situation, I love this project and I'm definitely long on this one and it's looking like the stars are lining up for this. Here's the very short-term idea I have and I'll post a bigger picture if this one is correct.
ven/btc looking prepped for moonVen/btc looks like it finalised its correction period and is impulsing to higher highs.
Great Buy opportunity.
Good Luck,
VEN holding midterm trendline VEN stil sticking to that midterm trend line and has yet to break down. although it is following it quite closely, keep an eye out for possible future breakdown to lower trendline if it doesnt bounce upwards
Still in downtrendVen picked up a little but still in downtrend.
It still has strong resistances to break to get bullish.
Vechain VEN | VEN/BTC retracement to previous support levels.Looking for VEN to finish an ABCDE correction to previous level of support before it made the swing up to the local ATH.
VEN wave 3Webpage: www.vechain.com
CoinMarketCap: coinmarketcap.com
VeChain is a platform that offers Blockchain as a Service solutions for storing information about products. Based in Singapore, build on Etherum platform.
Technical analysis:
VEN is completing wave 3.
Currently trying to break the resistance at 0.382 fib.
The volume is there but I think it will see some pull back to 0.786 fib first before it can break this level and continue higher.
My idea would be to wait for pull back to 0.786 fib before adding to position.
Vechain (VEN) still in correction (bearish) (short term)Vechain came from a nice 5th elliot wave, but is now in a ABC correction.
VEN Buy before the next run!!VENBTC currently is still trending upwards. A lot of support is present in the 50-56 range.
1. Old ATH: 54 (now acting as support)
2. Strong Trendline Still holds
3. 4hr Ichimoku Cloud- we dropped out of it but are entering back in.
Perfect example of not chasing the pump. Patience will give you the entry if you wait for it. VEN is a great project with some superior backing behind it in Asia. If good news keeps coming, this pump will continue.
All these make this trade a good entry. Sell partial profits at the current All Time High to lock in gains, and possibly reload before a new breakout.
Entry: 50-56
1st Target: 80-82
2nd Target: 126
Questions or comments are welcome!!
VEN wants to BREAKOUTBased on previous symmetrical triangles and breakouts at the end, VEN is a good choice for those who buying alts now
VEN/BTC bounce of support, don't miss the next run!VEN/BTC currently is still trending upwards. A lot of support is present in the 50-56 range.
1. Old ATH: 54
2. Strong Trendline Still holds
3. 4hr Ichimoku Cloud - we bounced out of this but now we are still back in.
4. 200day MA is still under the trendline .
Perfect example of not chasing the pump. Patience will give you the entry if you wait for it. VEN is a great project with some superior backing behind it in Asia. If good news keeps coming, this pump will continue.
All these make this trade a good entry. Sell partial profits at the current All Time High to lock in gains, and possibly reload before a new breakout.
Entry: 50-56
1st Target: 80-82
2nd Target: 126
Questions or comments are welcome!!
