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VENBTC

Vechain: Preparing for another breakout?Vechain has been consolidating since its initial run at the beginning of the month. Today we're seeing an uptick in volume and the price is approaching prior resistance right around .0004420. Closing about this resistance would be a very positive sign and could call for another increase in price where the next point of resistance would be around .00046-.00047 and then ~.00049. Be careful though, Vechain likes to bounce around when running into support on big run ups and could bounce back down only to test it again a few days later. Personally, I think it will bounce back down, consolidate a little longer and then test black again, but no one can know for sure. We've got the EMA 20 (red) as solid support, if the price action follows the blue trend line upward it should squeeze us into some upward movement. Happy trading!
VLong
by CryptoWatchBK
VECHAIN - Buy Opportunity - 36% ROI - 3.8:1 Risk/RewardReasons why I will enter a short term long position using a stop-limit order: 1. Breakout triangle forming at base of consolidation zone 2. Tight squeeze with previous failed breakouts 3. High return on investment (36%) with 3.8:1 risk/reward 4. Similar break out pattern forming on the VENETH pair Enjoy. You can now follow me on Steemit: steemit.com Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
VLong
by hedgewithcrypto
2
The TRUE buy & sell moments for Vechain, continued: BUY!Introduction: I already discussed Vechain Thor’s price movements at length in the previous articles: - The TRUE buy & sell moments for Vechain (+ the next BUY moment!) , and in its sequel: - The TRUE buy & sell moments for Vechain (+ the next BUY moment! Ctn’d) Here is a very quick recap: In 1 (see MACD Region of the graph), we had a bullish triangle break-out accompanied by a golden cross in the MACD and a similar bull cross in the Stochastic Momentum Index ("SMI"). Other interesting indicators providing more convincing of a pending bull break-out at that time were the Chande Momentum Oscillator, and the Relative Strength Index. All that made the number 1 bull break-out on December 13th: Weeks later, +- on the 24th of January, we saw the opposite: a trend reversal preceded by a Heikin Ashi doji, and accompanied by a death cross in the MACD in 2, and negative sentiment in the "SMI". Consequently, this moment can be highlighted as the bear break-out (number 2). I then warned for the buy the rumour sell the news phenomenon, an event that subsequently took place on the rebranding day of VEN to VET, on the 26th of February – in 3. I highlighted the divergence between price and Chande Momentum Oscillator somewhat later, which preceded a bullish triangle break-out, although short-lived, in 4. I also called that moment to be the next big BUY moment, but I was a little bit too early with my prediction. The MACD was indeed headed for a bullish cross, but due to the negative market sentiment first had to take one more leg down (albeit relatively limited). Conclusion - TODAY: However, if we look at 6 today, we see that we have practically everything that makes for a good recipe for bull-cake. --> We have the MACD finally inclining upward with blue above red and just after a bull cross. --> We have positive sentiment in the Stochastic Momentum Index, --> we have a break-out of the negative trend channel that has been holding VEN hostage ever since the Bear break-out on January 24th. --> And we seem to have a decent support at the 61,8% Fibonacci retracement level. Currently we are flirting with the first 23,6% target level (see 7) after which we could head further towards 8. --> Even if we bought in 4, we had ourselves a nice upward move where we could've taken profits, or we could've stayed in our position in the assumption we already had the big buy moment, which would mean a temporary & small loss position, that has already turned positive in the meanwhile! So, hereby I would like to correct the “True Buy moments” for Vechain a little, by moving that moment from 4 to 6 (first of April), which is just before the triangle and negative trend channel break-out, and which has all the required indicators going for it. Move the TRUE buy moment from 4 to 6: Vechain, the floor is yours.
VLong
by A_Cryptastic_Mind
1
VEN prepared for takeoffCup and handle formation on 30min chart and falling wedge pattern on the 1D chart 9 period EMA has crossed above the 20 period EMA for both the 30 min and 1D charts as well as failing to fall below the 100 period EMA on the 1D chart convincingly before bouncing back above it signaling a bullish trend on both the short and long term. If this bull trend breaks the .5 fib resistance level on the 1D chart convincingly we will enter into a reversal from bearish to bullish in the long term.
VLong
by MarcoFlacker
1
VeChain: Potential ReversalHello Traders, Wow what a day! It seems like all the alt coins are recovering today. Looking at the 4 hour chart, I see a potential break out for VeChain. We saw that descending yellow top lines acted as major resistance in past few days, and VeChain just broke this line today. Currently, VeChain is confirming whether yellow line as well EMA200 can act as a good support. if we see a good bounce in next few hours, I expect VeChain to bounce within pink channel that I drew. If Vechain goes back to yellow descending triangle, the good entry would be 37K satoshi. Happy trading.
V
by x45lu
VeChain Upside potentialVeChain (VENBTC) consolidated after the strong rally and is now at the resistance level around 0.00041. If price breaks the descending trendline we can expect price to continue further up to the resistance level around 0.00048. If price reacts from the resistance and the trendline it's possible to see a drop down to the support around 0.00038 once again. In the best case scenario we would like to see a trendline break followed by a retest and a new rally. Good Luck, CryptoTrendline
V
by CryptoTrendline
VENBTC - possible wedge breakoutVeChain is one of the awesome projects that can really go into orbit we are approaching the end of wedge, nowadays everything is all over the place.. if VEN stabilizes and goes sideways we will still break out of the wedge, if we dip further down; I guess can always pick more VEN up if your budget permits it; if it breaks out and starts climbing, well about time :P VEN will have to penetrate the lovely red cloud blocking the way outside of the wedge eventually; once that is cleared and used as a support and of course BTC behaves during the process; will be long awaited days for many I'm sure! personally I would like to see a gradual rise in price, in order to layer in many levels of support/resistance Happy researching and trading!
V
by blairzie
(VEN) VeChain about to FLYCorrection seems to be coming to a near end for VEN soon. Currently, still in a falling wedge pattern and are coming near the golden zone for Fib retracement, I see a breakout coming soon for a good 30-60% profits. *I am not your financial advisory; it's your money so it's your decision. BUT.... if I did help you make some money, tip me a little crypto. BTC: 1HchYXqUZxdfhohRZR8LpUCvSBD2GFtxsE ETH: 0x567752E9d7FdC1858579fdd7009F8E8eBF7A8d9f BCH: 194MQstCbCiSWZfRfHQ1dManZmSagNBbmr LTC: LaoZrwVryZ8jzXm4F93LeH8skSaqv9L38n DASH: XfixD7gxgGjRZPm1uRU2QYRb
VLong
by Trueee
6
VENBTC - Elliot Wave Recount Here I just did a EW recount on VENBTC. Looks like a major drop to 30k and even as low as 27k. I have used the most probable length of W3 - 1.618xW1. The next likely is 2.618xW1 which would be a very deep drop. (If this happens, we could get to 78.6% retracement for VEN! and standard most likely retracement of 0.382 for W4 and most likely 0.618 xW13 for W5. The next likely for W5 is 0.382 of W13. However if W1 and W3 are not extended, there is a chance for W5 = W1 so that will take us to around 30k which is exactly at the edge of the Golden Pocket (0.618-0.65) Could this be the next move and the bottom for VEN? Note : We still have W3, W4 and W5 so this could extend for many days to come so the graph will not be steep as pictured and if we take the previous 5-wave down, it took 2 weeks to complete, so it make take the same time to get to 0.65 retracement level for VEN. Cheers If you like my post, a little donation would go a long way :-) BTC: 13NJ4qSARAob9bPyhEJdQnkupakah4iNHd BCH :qqvuf4testg5ymuj3kjetc0yzssrdv4zqq9yez83f5
VShort
by MarcusAtb