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Venbtclong

VEN - Last chance to get in BEFORE TAKEOFFHey guys, This time i am presenting you a bigger picture of an altcoin with amazing potential: VeChain. I was honestly surprised by the perfect harmony of this technical analysis. The intersection on the green support line of the triangle with the .236 fib retracement pattern coincides perfectly with the lowest price that VEN has hit in a while. Coincidence?I don't think so. HOW TO TRADE: Just buy this now,below 25-26k satoshis .I don't think that we are going to see these levels any time in the future. Keep in mind to have a stop-loss set at your own discretion,but i wouldn't recommend setting it over 18k satoshis. If the triangle is respected,the estimated outcome of this trade is of about 85% profit. I wish you all an enjoyable weekend!
VLong
by The_Sparrow
$VEN #VeChain - FULL ANALYSIS - a perfect 2 possibility exampleHello Lads and Ladies, Today, as 100% requested, we will be taking a deep look into VENBTC. Unbiased, since I am not holding any YET and thorough since it is one of the more interesting charts! We will start off with the 4h view on it to have a brief knowledge of the situation here. We can see here a clear downtrend since June 7th when the market started blood bathing. The first interesting point here seems to be that it is very heavily influenced by the market movement but still has a strong pull upwards, since it has been bouncing everytime about 10%. Right now VENBTC is forming a wedge and will decide where it is headed next. There is room and possibility for both ways, even though it seems to depend highly on the overall market. Should the market bounce within the next 48h, then it will be an easy game with VENBTC taking profits at S/R lines. The more interesting part is though the bearish scenario and we can already see some lines here (especially the 0.00038 and 0.00036) but lets take a look why these lines are so important. Taking a look at the daily chart, we can clearly see a decreasing resistance and an increasing support.Just from looking at that we might see the next bigger stop at 0.00036 if VENBTC decided to go down. Here again coming down to support would mean hitting the 0.00036 support and the uptrend support, which in my opinion is a huge bounce sign. Moreover, this would be the third "deep" retracement this month, as we know many cryptos retrace in 3 steps. VENBTC has actually done that a few time before (take a look at the retracements). So now on the daily, we apply the fibonacci retracement and see once again the 0.00036 line being the 61.8% line from where VENBTC has bounced before. Here, on the weekly chart of VENBTC this 0.00036 line makes perfect sense, looks great, almost like in a perfect world. But here comes the fun part to it. Have you questioned the uptrend support during this analysis. As it has been right now, I readjusted it at the second time because as I saw it the first time, it perfectly made sense. I have set it like that because the candle right now is green and it SEEMS like if VENBTC has just bounced and will continue the bounce. ANYHOW, this candle has not closed yet and therefore we cannot say right now what is or will be happening, we need to wait until this candle closes. ALSO, with the fib applied (just a little further down) we would see here a first bounce from 61.8% to the resistance, then down to 50% AND the uptrend, form here probably a bounce again to resistance. So, to stop this hide and seek game, here is what I think will happen. As you probably can guess there are two possibilities. 1) We close this weekly candle ABOVE previous open and will actually have a bounce towards the resistance. Here, once again an interesting fact, we had either two green candles (small followed by a big green candle) or 6 green candles in a row. So basically, if this week is green, the next week is most likely green and if the third week will be green too, we will have actually reversed the trend and then continue pushing upwards most likely again in a 6 week time frame. (Yes, I do not pay attention to the single green candle in May.) 2) We will close as red (OR green) and then continue down to 0.00036 for a bounce off the 61.8% fibs and the uptrend support. 2.5) The marke will go down more, with it VENBTC. It will find its bottom at the same level of support 0.000315 (as well the 61.8% fibs line - second option), will there have a pretty nice double bottom and then bounce and reverse the trend from there.
VLong
by KongTrading
1
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.*
VLong
by Kinashi_San
6
VECHAIN (VENBTC) - POSSIBLE MOON TRIP?Welcome everyone, hope you all are doing well. Let us look into another trading opportunity. Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say. INDICATORS: Moving Average is curving upwards RSI is showing Bullish momentum. ADX and DI are giving Bullish signal. MACD is showing Buy signal i.e Bullish. A closer look: POTENTIAL TARGETS BASED ON FIBONACCI LEVELS: 50.8k 56.7k 62.2k 70.9k 81.6k Also note that, price movement of BTC will also affect the price of VEN. So, keep an eye out. P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk. Those who wish to achieve greatness, never seek for permissions. They follow what their heart says, and do what their mind states! Good luck trading.! Peace.
VLong
by johntradingwick
2
Bullish opportunity on VENBTCFalling wedge. Price currently at the bottom of Bollinger Band. Stoch RSI is oversold. RSI is showing a bullish divergence. I can see two support areas. The first one is marked with orange and the second one is marked with yellow. A safe trade entry could be once the falling wedge has a breakout. I took a risky chance and already entered the trade. My SL would be if yellow support area is broken. My TP would be just slightly below 68.80% Fib level. My trade details: Entry = 0.00040495 TP = 0.00042150 SL = 0.00039800 Constructive criticism would be appreciated.
VLong
by Blackhole-Trading
VEN correction first, then up! Long term potential +300%VeChain - Boy i love you so much <3 <3 Ok. VeChain is a cryptocurrency that wants to incorporate Blockchain and RFID technology and apply these technologies into logistics and become a the key if not major supply chain blockchain for business and enterprises. This is a coin that I am absolutely extremely bullish on, but first we need to take a step back. Exuberance cannot and will not last forever so everytime we have a run up, we need to take a step back. This is a coin that has massive potential long term, and I strongly believe its a coin that WILL survive the cryptocurrency bubble burst. VeChain has huge partnerships with companies such as DNV GL - major logistics company, Pricewatercoopers - one of the 4 biggest auditing companies in the world, and Renault - just to name a few. All of which are huge companies in their own right. Honestly this is a coin that you need to do research on and understand the greatness of it Buy: 0.00036000 - 0.00050000 (50,000 sats only because I'm extremely bullish on this coin and i do want secure a position in case it doesn't correct lower) Sell: Do you really want to sell this? But if you do: 0.00124000-0.00135000, and 0.00175000 - 0.00186000 Fundamentals: 1) Really, its hard to tell, VeChain has a bad habit of randomly dropping news out of the blue causing minor spikes in price - whales :( 2) Rebranding into VeChain Thor - by February 26th. 3) The many, many strong partnerships they have with BIG companies 4) Did I mention that they were able to be broadcasted onto China's CCTV? - a VERY restricted media broadcasting service where the government must approve of all news that is aired. They are called- WeiLian in Chinese (I can't post chinese for some reason) - VeChain in English. Technicals: VeChain had a beautiful 5 impulse waves up and now we are in the ABC corrective phase of the 5 wave supercycle. In the original 1st 5 waves making up the 1st impulse wave of the supercycle, VeChain had hit a high of about 52000 sats which was between the 1-1.618 fib extension, which then retraced into the 0.5 region where it consolidated for a while and then rocketed all the way up to 82000 sats which brought it just short of the 2.618 region and now we are retracing. Im still working on corrective patterns, but usually the end of a 5 impulse wave would retrace to about the 0.5-0.618 region. Which would be our buy zone. But sometimes 2nd impulse waves only retrace back to the 0.382 region which is where I'll start to add to my position and dollar cost averaging my way down. Then using Fib extensions from the 1st and 2nd waves of the supercycle, I predict a tentative target of 1.0 and 1.618 in the longer term.
VLong
by EnZo
7
VeChain VEN ForecastVEN is an established coin which is trending and increasing its popularity as time goes by. Chart suggests a gradual bullish trend with an opportunity to dip buy. Support level stands at 42,000 area. Anything below is considered a bargain buy for short and mid-term investors. VEN has the potential to return to upward trend and beyond. Overall chart is a good example of a bull run, perfect in the eyes long-investors. Targets are attainable which should give quite a substantial return. Won't be a surprise if targets are achieved within the short-term period. Events : By January 2018 Partnership This is not an investment advice, always do your own research.
VLong
by itradearn