VEN could be either in a high and tight triangular bull flag or perhaps a more downward facing flag If we can bounce off of the triangular flag channel bottom, we could have an opportunity for a buy in and a scalp. Until then we could see a fall through support. ***Any information represented here is my opinion only and not intended to be used for financial...
As with many altcoins, VeChain looks to have broken out of it's huge falling wedge, but not by much and on low volume. It is currently flirting with the top of the wedge and using that line as support. A bull flag pennant has formed on the 1hr indicating that price action is currently neutral. A break out can go either way. If it breaks down negatively, the...
Friends and foes, welcome to this analysis of VEN-USD. I have analysed the daily chart of VeCHAIN with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get...
On the 30th of March, VeChain found the bottom at $2.1, where it rejected the 78.6% Fibonacci support level. Price went up and broke the descending channel, reaching the $5.6 high. The correction down followed and it seems that VEN/USD found the support at $3.28, that is the level where the descending channel has been broken. Then, on the 3rd of June VeChain...
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 $8,600 -...
I've been following Vechain for a while now and fundamentally it's an astounding business - 250+ partnerships amongst which projects to e.g. put the supply chain of BMW right into the blockchain. Quick post on the technicals + note that you can find my previous posts on Vechain here below in the "link to related ideas". Recently, Vechain broke the long term...
VEN/USD by trend line. Have active zone. You can enter by 3.3$ then up to 4.5$ - correction - up to the next target 5.1 - 5.4$
Very simple chart. VEN is in a large pennant after extremely rapid uptrend. Considering taking a long position in this now. Will add if we break out up. Close if we break out down.
ven falling wedge breakout | support and resistance
Ven is setting up nicely as well. We have established a nice up trend line now that price is respecting and bouncing off of. We do have a new up AB fib sequence and we came down to the .786. We have broken the down trendline as well. Once could enter here and look to set stop around that $3.00 area of the last low. One could wait for the EMA crossover though as an...
Hi, this is my idea for VeChain. Happy Trading
MainNet will be launched on June 30th! over 110% profit opportunity! MACD still waiting for confirmation. stoch bullish crossover. Targets: Target 1: 55k sats Target 2: 66k sats Target 3: 62k sats Target 4: 81k sats Target 5: 93k sats Target 6: 105k sats at the moment Vechain is waiting for breakout of the falling wedge pattern.
I called the bottom and new "BIG BUY" moment for Vechain in my last post on April 12th (with the actual bottom at 01/04). You can see my graph back then here below (you can also click on it to see how it unfolded until now): For obvious reasons, I cleaned up the graph a bit and you can now clearly see 3 important points in the graph: - Point 1: BIG BUY...
VeChain is a long entry on my demo account. The risk reward is not good because there is heavy resistance above but I do like this project. In the absence of better setups, I can take this in the short term.
Welcome everyone, hope you all are doing well. Let us look into another trading opportunity. Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say. INDICATORS: Moving Average is curving upwards RSI is showing Bullish momentum. ADX and DI are...
VeChain showing similar pattern of growth to the NEO pattern, with two parallel lines going up (white lines). These two days market growth stabilized a little! Let's hope May will bring us a lot of profits, I think we might see a spike this month! VEN has a great project let's see what they are capable of doing next month. Today we had a little pull back to 4.25$....
Many of us know VeChain (VEN) as the coin that regularly makes double digits gains and has almost recovered its losses following the recent correction, but what does it actually do? VeChain (VEN) can be rightly called as the Ethereum of business for its ability to bring transparency and oversight to business operations at every step from manufacturing to supply...