Hi Folks,
after a longer period of focusing on my trading I am back with some ideas (see also the similar post on CAKE - PancakeSwap linked below).
Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees.
Venus is a Binance Smart Chain-based DEX (decentralized exchange)....
The big resistance to the price action is almost 30-40% away from current price. Based on how alts are moving , it could possible move 40% in a day or two.
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Read other analysis below. ( Over 90 % accuracy so far)
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 -...
90% alt charts are looking crazy!
Venbtc is about to break out from the triangle & is sitting on the 0.5 Fib level
Rsi is having a bullish divergence & so does the MACD
I expect some 10-20% profits in the coming week!
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...
