Both TP = 1.000 and 0.8000 have been hit, as the 1D Channel Down (MACD = -0.375, Highs/Lows = -0.5027, BBP = -0.9440) extended its Lower Low limit to 0.675. With RSI though oversold at 20.800 along with another 4 indicators, a pull back is expected towards 1.0040 or even 1.6900. That would be an ideal pricing of the Lower High. Our short TP is 0.1972.
VALID IF BTC HOLD BETWEEN 6400/6550 DO LIKE THE SETUP AND SHARE YOUR REVIEWS
Flags are short-term continuation patterns that mark a small consolidation. Symmetrical triangle, which can be referred as a coil, usually forms during a trend as acontinuation pattern. The pattern contains at least two lower highs and two higher lows.
VENUSD is trading on a 1D Channel Down (RSI = 31.035, Highs/Lows = -0.5037, B/BP = -0.6960, MACD = -0.230) that will take some time to make a clear Lower High again. Based on 4H (Williams = -94.498) there are more chances to continue its descending trend on a slow pace. Our position on VeChain is short, TP = 1.000 and 0.8000 in extension.
RSI bullishly diverging from the candles. VeChain is about to bounce!!!
Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target. Entry - 263-279 Sat. Target (short term) - 288-299 Target #1 - 353 Target #2...
completed 1 wave.... look for the 2 to be around the 50 to golden pocket
VEN broke out of a falling wedge pattern. Bullish movement expected the coming weeks.
VEN TO VET - CRYPTO IS ONE WILD WILD WEST
ID WAIT FOR 50 PERCENT PULLBACK AND TARGET 3RD WAVE
The Garley technical model is being formed with VEN Section XA formed in the bull market from 2500 up to 81368 sts Section AB adjusts 61.8% to 32400 Section BC corrects 50% to 59000 And the CD is being formed with a target of 154% of BC, and is estimated at 19,300 We recommend trading in the following trading areas: EP: 19300 TP: 38000 (90% of profit) TG:...
Hey everyone, it looks like VEN has entered my buy zone, I was able to pick it up at 0.00024310. Don't forget to set that stop loss, good luck!
I spent hours to count and recognise the waves, right now we are on wave b and soon should move to wave c and retrace. I believe whales will push it hard to hit the bottom again and that will give us double bottom and confirmation of an uptrend. Stoch is overbought needs to retrace Macd: is slowly going down Target: 0.00021500
Hi All, Hope all your trades are going well. It's all in the chart for VechainThor VENBTC. VENBTC just made higher high within the channel. RSI Level: Shows Oversold by a big margin. Probability: 60% VEN go Higher with a 40% VEN go lower. Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below....
As you can see we might see a trend reversal, this is a quick trade. Target: 0.00025800 - 0.00026400
Hey 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...