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VENBTC

VeChain - What is happening?Hi guys, Today I have another update on another coin. It's VeChain (AGAIN!). You are looking at the daily chart, which tells us the following: - Parabolic drop from 40k sats to current level (22.1k at time of writing); - Still hugely oversold. RSI of 13.9 on Daily, which is all time low for VeChain; - Weak support soon, due to price action in January and .786 fib level). Let's hope VEN will bounce on this area; It seems like it is a great entry on this level. You can put your stop-loss on approx. 18k sats. The upside is great. This is not financial advice, just my opinion. DYOR!
VLong
by Maikuuuuuul
VENBTC on 4H - what is the next move?Hi guys, Another update on another coin. This time it is VENBTC -4.80% -4.80% . You are looking at the 4hourly chart, which tells us a couple of things: - VENBTC -4.80% -4.80% dropped approximately 45-50% since the last wave up; - We broke through the 32k sat support - VENBTC -4.80% -4.80% is oversold on all timeframes!! - RSI and MACD histograms are showing some signs of divergences - MACD crossed up - Volume is decreasing My thought on this dump is because of the pauze of X node monitoring. All X node hodl'ers are able to swap their VEN -1.89% -1.89% on exchanges, which causes a huge increase in supply and trading volume . My guess is that they are trying to accumulate more VEN -1.89% -1.89% , before the lockup snapshot (september). Fundamentally nothing changed! I am keeping a close eye on VeChain. I do not hope it droppes to the .786 fib level (around 18-20k sat), because that will be terrible for the VeChain hodlers.
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by Maikuuuuuul
1
Vechain - An UBER-BUY no-brainer at this price?Quick post: -Vechain almost at the likely bottom of its correction (78,6% correction horizontal in blue) - around 20.000 satoshi. Currently at 22.000. - Given the incredible fundamentals of this one, this might be a good, if not a very good, if not an amazing and scarce opportunity for purchasing some. - Looking at the RSI: only at 5, or in normal language: incredibly oversold - MACD still needs a bit time before a golden cross can be forged accordingly - All things considered, this is an incredibly oversold token
VLong
by A_Cryptastic_Mind
2
VENBTC: just an idea I have... (since my last uploaded idea doesn't seem to be on here, I'll try it again) I just started charting recently, so this is just an idea I have and definitely no financial advice. - close to what I think is the support trend line (green) - oversold on RSI (20). Also seems to have touched the bottom trend line I drew on the RSI (meaning it is as low as it's gonna get?) - on the 4h chart tested the previous low (horizontal red line) several times and didn't break that (possibile support?) - might drop a bit more to lower (possible) support line (purple) and bounce there? Are we bouncing from here or are we going to the 0.786 Fib? Would love to get some feedback!
VLong
by FibonaccIvo
VEN UpdateA lot of people ask me about VEN. I never got into it but here is my analysis. Over 2000% gains??? They your a fool if you do not realize this was a huge run and needs a huge correction. Im assuming the people asking me about VEN chased it to the moon and are now left holding it. The next retrace point will see a test of 2000 Way below the EMA markers Already passed the 100% retrace of the recent impulse wave up Looks to be in an ABC Retrace. Defiantly not a buy and not a sell. If your holding i would hold it and just push it to the side, or just get rid of it and move on if you cant handle the emotions. Never chase a running green candle and never panic sell a falling red candle.
VShort
by Cryptogasmic
1
VeChain - Looking to reload off a possible support levelTaking a look at the daily chart for VEN, we can the price hitting a support line which may be a good area to reload. The RSI indicators are showing oversold and the MACD is approaching a horizontal support line. I don't like trying to catch a falling knife, but with BTC turning more bullish I feel the alts will start to turn around as well. If the price action breaks the orange trend, we may see further selling to the dotted blue trend line. Hopefully it doesn't come to this, but if it does, it just means cheaper VEN.
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by jpbrown1023
Vechain/BTC - Crunch Time, Cheap MasternodesWhats up everyone, as you can see from the chart above, I have kept it very simple. We broke a key level of support around 38000 satoshi after the mainnet launch which was fundamentally successful although the market has lost trading interest in this coin for the time being. Believe me I am a huge believer in the long-term Fundamentals of VeChain but as it has had a huge run up this year going from approximately 7500 satoshi to a peak of 81000 satsoshi. I am pretty confident in a bounce off the 0.618 level at 32500 satoshi which lines up perfectly with the previous major swing low. Good risk to reward entering in that zone with a stop loss under the previous swing low. Remember none of this is financial advice <3
VShort
by Alpo_
1
VEN MAINNET Launch 11 days .HI TRADERS . just 11 days to VEN Mainnet Launch therefore we expect to see uptrend in 10 days and just before Mainnets usually MASSIVE BEARISH MOVE happening, as you can see we got confirmation from triangle which tell us in end of triangle we can have big uptrend or downtrend and because of MAINNET downtrend has higher chance. in SHORT term we can have good profit from VEN but just remember to keep eyes on VEN before main net if you are not a LONG TERM trader. Good Luck and have Good Profit .
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by miladniki
4