VEN/BTC - VeChain Let´s ride the 5th wave, 2h, BinanceHey Guys,
VeChain is getting a lot of attention recently.
EW count seems reasonable.
EW invalid in case of droping under 0.618 Fib with full body!
If only wick touches - we´re cool.
Take care!
Marek
VENBTC
VeChain Bigger picture Best Crypto project out there Vechain will get into top 5-6 before the mainnet, mark my words
Vechain: NEW EXCHANGE LISTINGS - PROFIT = 18.98% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 7st of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 18.98% 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 0.76% 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 0.00% problems.
April 28: Vechain begin testing compatibility of the VeChain Wallet for various phone models.
May 2: Vechain announces that public beta test is approaching. They aim to make their code base public. As part of this test they aim to bring on 100 community testers for our public alpha to work alongside cybersecurity organizations.
May 4: News sources state that Vechain mainnet expects to launch by the end of June.
May 5: PwC HK 8.10% 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.
(NEW) May 10: Vechain lists on Bitfinex.
The general uptrend in the crypto markets, Vechain's listing on Bitfinex as well as the positive developments above have caused an increase in demand for the Vechain which has forced up prices.
VENBTC - As solid as it gets 50% gain, 1:10 risk/rewardGood day traders,
I’m not a master of the charts, the professor, the legend, nor the king… but it doesn’t take a genius, not that the aforementioned personality is one, to realize where VEN is heading.
I don’t work with head & shoulders, flags, pennant, etc… I’m a simple man. When I see green, I buy.
As you can see, we’ve risen above a key pivot at 49500 and have since retested it with success. Despite a somewhat bearish market, we can’t even close a single candle below the 10 day EMA. This speaks volume about this little coin that has a cult like following. My Russian friend says TA this coin before he sends his friends to visit me, so here I am telling you about a rather solid trade. With BTC going sideways within the next few days, I expect VEN to either test our support a few more times or at least have a few quick burst below the 10 day EMA for an entry for someone who’s willing and patient.
Entry 5200 or below
Stop 49300 or don’t because, why not
Target 79K, start taking profits from 70K and up
R/R ratio: 1:10
Duration: roughly 45-50 days
If you have found this to be entertaining at the least or if you hated it, 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.*
VEN Swing Trade Back to March HighsConfluence: Horizontal R, 61.8 on ATH to Apr lows, and 38.2 of fib extension from initial cycle to Apr lows.
1st Target is a safe sell to partial TP at least. RIde the rest up to 2nd target.
VEN/BTC ConsolidatingVEN seems to be consolidating in this range. I'm looking to make an entry soon ONLY if BTC can move sideways for a bit.
I'm still a little bearish on BTC and believe it will form a H&S resulting in a pullback and alt bleed.
VeChain Upside potentialVeChain (VENBTC) has been consolidating following the rally from the last few weeks.
If price falls down to the support area around 0.0005, we can expect a new rally up to the resistance area around 0.0006.
Once price reaches the resistance area, we can expect a reaction to the downside from there.
If price breaks below the support area, we can expect the ascending trendline to provide some kind of support.
Good Luck,
CryptoTrendline
Buy Opportunity Before Mainnet - VeChain [Bullish] VEN/BTC -
Ven has had a huge bullish set up that sort of came out of nowhere, it hasn't had its huge run like other coins during this bullish period and has broken out of its falling wedge formation which was the first sign of a quality buy, it has from there started forming a massive inverse head and shoulders formation which it successfully rallied through the neckline on the 29th of April.
As you will see in the chart, we had a double top form on VEN/BTC which was also influenced by BTC's movements at the time, it has broken a minor support level at 52500 satoshi's and is now looking for support, I personally have a buy order for 50% of my order at my first plotted support zone around 48500 satoshi's which lines up with the previous resistance of the neckline.
My second buy zone for the rest of my order will be at 45900 satoshi's, I am confident we will see 48500 satoshi's and if my second order doesn't fill I will wait for a bullish engulfing candle on a key support level before re-entering with 100% of my order.
I am super bullish on VeChain over the next 8-10 week period.
Fundamentally we are looking good as mainnet is around the corner.
Dare i say this may be the last time buying cheap VEN before the mainnet hype to aqquire VeChain and receive Thor ( Residual Income Generation)
VECHAIN 1000% opportunityVECHAIN is slowly moving up. Suggested targets and max target as shown. Good luck
VeChain, VENBTC - Another Break in The Works!VeChain, who doesn't know this coin with one of the best project, team, and partnerships in the crypto market and in the supply chain business in particular.
And with their rebranding, masternode program, NYC Summit and upcoming mainnet launch in about two months, it will only get better. A strong coin with great fundamentals and potential.
So let's take a look how we can trade VeChain, VENBTC shall we.
If we take a look at the chart, then we can see that this past weekend VENBTC broke out not only a big Cup & Handle but also a second strong resistance level at around 0.00049000.
A double breakout with good volume in a short period of time. Pretty significant and a good signal for more to come.
After some healthy retracement, VENBTC is now forming a bull flag pattern and hovering around resistance/support area. If VENBTC manages to break out of this bull flag then we will probably see the next run up for VeChain.
Here are some area's to look for if you want to swing trade VEN/BTC.
Trade Instructions
Buy Area:
0.00049000 - 0.00051000
Note: Enter at break of resistance and bull flag for higher probability and riding the momentum.
Profit Targets:
1. 0.00051926
2. 0.00053461
3. 0.00054996
4. 0.00057182
5. 0.00059965
Don't forget to secure some of your profits along the way. Is always a good idea to take profits, even though a specific target has not been reached yet.
Stop Loss (Optional):
0.00046665
Remember, you can use a larger stop or no stop at all if you believe in this coin for the mid-long term. You can just ride it out and don't have to worry to get stopped out and miss the swing.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
VENBTC Bullish ReversalTenkan-Sen (Zero Point Blue)
Kijun-Sen (Base hat, red) broke up under the price. We can say Weak. In addition, ChikouSpan (Delayed period curve-green line) shrank the price up the cloud. We can wait for the oscillators to break completely or make a fractional purchase for a definite confirmation. Lots of earnings.
Midterm HODL for VENVEN (VeChain) has a very strong chart showing. Recently it broke the Symmetrical Triangle towards bullishness and is now challenging the local 'Double-Top' resistance. If it breaks this, which seems likely, then we should see a rally up to the next resistance levels where it could retrace and find support on the current channel's resistance (turned support). Once we break that level, it's a clear shot to ATH. Seeing the history of this all, one can see that VEN is a very resilient coin, meaning their community has some pretty strong HODL hands. If VEN breaks ATH then a FOMO rally should set in that could see some pretty sweet gains. HODLing this position for a bullish Swing Trade.
VENBTC ! Alt season ? 90% alt charts are looking crazy!
Venbtc is about to break out from the triangle & is sitting on the 0.5 Fib level
Rsi is having a bullish divergence & so does the MACD
I expect some 10-20% profits in the coming week!
[VEN/BTC] VeChain: MAIN NET APPROACHING!VeChain is another project that is creating a main net.
As you know from my previous publications, I'm chasing down projects developing test-nets/main-nets HARD.
Here is my BULLISH projection for VEN/BTC up-to the main net launch and what will follow after.
I've noticed a trend for coins, leading up to test-nets and main nets , where they completely obliterate large resistances.
This is why I believe that wave 3 will blow past the 2.618 fib extension.
I do believe that there will be a huge sell off after the launch of the main-net which is said to occur on or before June 30th.
This makes sense on the charts as well, because I believe that wave 2 retracement is very light, finding a lot of support at its last previous resistance.
Currently
--------------------------------------------------------------------------------------------
Market Cap Volume (24h)
$2,670,448,014 USD $137,417,000 USD
278,051 BTC 14,308 BTC
--------------------------------------------------------------------------------------------
Circulating Supply Total Supply
525,779,138 VEN | 873,378,637 VEN [ ] -Not bad
--------------------------------------------------------------------------------------------
VENBTC 6h chart expecting more to come from VechainAnother of my long term cryptos, VEN has been rising in value and market cap very steady and sometimes really bullish.
I'm expecting them to reach minimum All-time-high somewhere around mid May end of May well before the expected Mainnet launch in end of June.
The recent increase in value and market cap has to do with the recent announcement from the VeChain team confirming that public testing of the Mainnet is on and so far all good. If just testing gives this response, what will launch of the real thing do?
Why VEN is a long term bag for me? Well, business to business ecosystem more precisely read below:
"VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable. Through effective collaborations, enterprises can enjoy the benefits of transparency and value flows at high-speed rates VeChain has evolved with multiple technical iterations and have amassed significant industrial experience in rolling out real-world applications since 2015."
- www.vechain.com
1. Big ascending triangle from a pretty long point of view
2. Expecting a downtrend to 0,236
3. Assuming a big support near the 0,236 fib
4. Trying to combine big range triangle with short range Fibonacci retracement since I usually work in 6 or 4 hour chart. I want to get a long term and short term point of view in this chart.
VeChain (VEN) -- Blue skies ahead?
Hi all,
After completing major waves 1 and 2, we are currently in major wave 3.
I believe there are great profits to made along the way.
Please feel free to comment, criticise and give advice.
Cheers
VEN - Poised to go lower for the short-termBitcoin is pumping at the moment, but to be fair the indicators were already signaling a reversal and it was in a rising wedge. Look for a pull back in the short-term.
Vechain would probably resume its uptrend again...Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.00042 to 0.00032), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00042)
Ending of entry zone (0.00032)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00051
TP2= @ 0.00062
TP3= @ 0.000815
TP4= Free
Vechain would probably resume its uptrend again...Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.00042 to 0.00032), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00042)
Ending of entry zone (0.00032)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00051
TP2= @ 0.00062
TP3= @ 0.000815
TP4= Free