- Price will likely keep moving inside the descending triangle (since 15/01/2018) - Long-term trend (since 17/8/2015 - Key support (since 28/8/2017) All of them collide arround € 5.000,- somewhere in jan or feb 2019 Without significant news nor a crash nor a bullrun seems likely.
- Big money is changing momentum North - The 5m charts showed several big money injections in the past two weeks - 12/4: In 30 min price exploded from $6.900 to $7.900 and demolished the short term trendline (1) - 13/4: Price broke through resistance and retraced back the following days (2) - 20/4: Price destroyed (3) the downwards trendline (since 17/12/2017) >>>...
- Global market sentiment seems to be changing North - Is the second bottom of the long term uptrend formed (2)? - 9/4: price closed above downtrend en broke out of the downwards channel (since 22/1) - 10/4: Price closed above previous support - Next targets: resistance 1 and 2 - Smart money + BTC in recovery + newsreleases = a bullish spring - End of June: mainnet launch
- The bears are strong these days - Price is moving in a descending channel - Support didn't hold - Listing on Bithumb on 2/4 pushed price back to last support where it was rejected the next day - Only news can change momentum - Without news price will travel towards the lowest line of the channel - 1st target to break: support - 2nd target to break: upper line...
- Price is likely to travel further South - Short term bottom at support = low of 6/2/18 = lowest low of 2018 - If price reaches this point ($6000,-) a head and shoulder pattern is confirmed - Price will likely bounce off this level and will rise towards the descending trendline - We are in a bearmarket and the overall marketsentiment is bearish - Without a huge...
- Price is still moving in a downwards channel - Price is weighing on support ATM - If price closes under support >>> next stop lowest line of the channel - If price closes above >>> next stop highest line of the channel - Bears are still in control - Major news release could change momentum North - Like if you agree
- Last week price broke out of the one year channel >>> strong bearish signal - Price climbed towards the long term trendline this week >>> everybody on the H1 chart getting euphoric - Long term trendline REJECTED price - Next stop support/neckline? - Purely based on TA and volume = BEARISH - Only big news can bring BULLS back - Like if you agree
- VET is the ONLY one in the top 20 rising against the USD in 2018 (+ 60 %) - 41 % of the circulating supply is locked down in the X-series Node Program - At the moment price is flirting with resistance - If it breaks and closes above resistance the next challenge will be the downwards trendline - Bears are still driving but the road is uphill
- 14/3: Price broke and closed under the long term trendline - The bullish response the next two days was pitiful - Price is likely to move towards support - There it could get cornered between support and the downwards trendline where it could fuel momentum to travel North or South - If it breaks and closes under support a head and shoulder pattern is confirmed -...
- VET is the ONLY one in the top 20 (CMC) rising against the USD in 2018 (+ 60 %) - At the moment price is flirting with resistance - If it breaks and closes above resistance the next challenge will be the downwards trendline - 41 % of the circulating supply is locked down in the X-series Node Program - Bears are still driving, but the road is uphill
- 14/3: Price broke and closed under the long term trendline - De bullish response the next two days was pitiful - Price is likely to move towards support - There it could get cornered between support and the downwards trendline where it could fuel momentum to travel North or South - If it breaks and closes under support a head and shoulder pattern is confirmed...
- Price broke through and closed under the one year channel/trendine - Very bearish signal - Price is moving towards support/neckline of a head and shoulder pattern - Price is likely to bounce off this level - If price breaks and closes under this level >>> Head and shoulder pattern confirmed >>> Next key support $3000,-
- Momentum is buiding up - Strong move North or South in the near future
- Short-term trendline in the descending channel was broken - Volume is high at the moment - We want to see a clear break above resistance - After that we want to see a clear break out of the channel (since 22/1) - Early supporters reward program: X nodes >>> VET needs to be locked up before 20/3
- As predicted price travelled further South after breaking the previous support (now resisance) and bounced off support - VEN is swimming from the weak hands to the whales - The presence and manipulation of whales, in my opinion, is a long-term bullish signal - NEWS of the week: DNV GL and VEN launch My Story TM / VEN Launches X series nodes - A channel is...
- As predicted price travelled further South after breaking the previous support (now resisance) and bounced off support - VEN is swimming from the weak hands to the whales - The presence and manipulation of whales, in my opinion, is a long-term bullish signal - NEWS of the week: DNV GL and VEN launch My Story TM / VEN Launches X series nodes - If support holds...
- BTC is moving inside a channel for more than a year - Close under this channel could be a very bearish signal - In that case likely to bounce off support before travelling further South - Bounce off this channel could mean bullish momentum for the following days - We want to see a clear close above resistance with enough volume to push price further North
- High expectations weren't redeemed on the rebranding event despite parnership with BMW - Price broke through support -> Short time bearish momentum - Will next support level hold? - Bulls back in control with clear close above resistance - To much fundamentals backing the bulls in the long term - News releases around listings on big regulated exchanges...