Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . Coins already meet the parameters include ONT BNB and EOS. ZIL...
Cant seem to find any good trendlines on VEN. Anybody having an idea? Trying to learn myself the basics of trendlines.
Yesterday VeChain (VEN) closed above 0.000533, it is aiming 0.000533- 0.000599 levels. VEN is above all the 4 moving averages, with red SMMA(21) crossing up the BB(21). This suggests a bullish trend upcoming. However, there's a strong resistance in the upper Bollinger Band, where VEN is almost touching, and the 0.23 Fib level broken and it is not retested yet....
Triangle pattern bearish if break out 44.5K satoshi, bottom of triangle to test 40K satoshi. bullish if pound above 50K satoshi, to test 60K satoshi.
Short at D target, stop loss at X. I'll take some profits at a 38% retrace of CD and let the rest of the order ride.
VeChain TA/FA before Mainnet release. VeChain is making Lower Highs and Higher Lows on the daily forming a Symmetrical Triangle. It's sitting strong after two bounces from the furthest retracement at .786 fib and once again .618 fib levels. Alts still depend heavily on BTC movement. Bitcoin is in bearish territory. If it BITFINEX:BTCUSD breaks above $8,600 -...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018. Using this buy in point and selling at today's peak price you would have expected to net 26.80% PROFIT!!! The increase in price may also be explained by positive developments including: April 10: VeChain announces a partnership with eGrid, a...
I've been following Vechain for a while now and fundamentally it's an astounding business - 250+ partnerships amongst which projects to e.g. put the supply chain of BMW right into the blockchain. Quick post on the technicals + note that you can find my previous posts on Vechain here below in the "link to related ideas". Recently, Vechain broke the long term...
Bearish divergences ignored and is heading up again. 56000 is very crucial for VEN. If it breaks this in the coming days you can expect another 60% increase at least for june.
Large ascending triangle. VEN playing this channel nicely with potential accumulation/consolidation. OBV has been consistently high for a while. Possible 65k sats in the coming weeks. Expect it to continue playing this channel with a possible breakout if we get a surge in volume. Obviously depends if btc hands tight...
hello guys Ven did not retrace enough in my buy zone, I have 1 option to do and that is to accept it for now. If we assume that this was the retracement. What's next? We're at resistance as I'm writing this, we have 3 possibilities. 1) break the resistance and start a small rally to the target zone that will give you +- 10% gain 2) correct to my buy zone 3)...
Hi All, So VEN VS BTC has had a nice cup and handle forming since around the 25th of Feb. Unfortunately data for this pairing on TV only goes back as far as mid May; however I have used Coinigy to confirm the pattern and have added it in just so you can see where it approximately sits in the scheme of things. I have measured the height and subsequent target on a...
Hello guys So for VEN we're going down as you can see XD First support to watch is 49010 but I don't think that will hold, what I'm expecting is that it is going to drop further to the buy zone somewhere there. Also 4h rsi has already met OB conditions and the macd is ticking down and probably is going to cross bearish. Don't forget to like, subscribe and...
VeChain (VENBTC) rallied last week and closed above the 0.0005 resistance level. If price makes a pullback, we can expect the 0.0005 level to act as support and the rally to resume. If the rally continues, we can expect it to reach the resistance level around 0.00062 and possibly continue further. Good Luck, CryptoTrendline