Vechian possible wave 5 forming Possible wave 5 forming in VENBTC, Not much in the way past once we pass 0.00000127. could hit 0.00000136 before resistance
VENBTC
VENCHAIN #VEN IS READY TO JOIN THE TOP GAINER LIST 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)
VET on support try to bounce UP!Vet is one of few coins that looks good to me with high potential to move up right now. Lets see!
[VETBTC] VeChain Trade [100%+ PP]Recently had a name change from VeChain (VEN) to VeChain Thor (VET), this is one of the most famous cryptocurrencies out there. With a very strong project, it is in the top 20 cryptocurrency by market cap. Let's open up the charts, and see how we can trade VeChain.
Analysis:
- This chart looks quite different to most of the other charts we've been looking at lately. You can see a very strong drop on the first portion of the chart. This is the 14th August low that we keep seeing, this is when the altcoins market first created a low point. Market wise, we had another strong drop which hit by 12th September, this is not reflected in the VET chart above. The 12th September drop here is much smaller, this is because all of the weak hands (sellers) were removed on the strong drop before.
- We have strong bullish divergence on the 4h chart, with a reversal candlestick and above average volume. All this can lead to a break up soon.
Upcoming events
- VeChain (VET) 31 December 2018 (or earlier)
System for BYD Vehicles: VeChain has developed a system which will be implemented in over 500.000 BYD vehicles before the end of 2018.
Trade instructions VETBTC (VeChain)
Buy in: 0.00000175 - 0.00000195
Targets for VETBTC by Alan Masters:
(1) 0.00000220
(2) 0.00000240
(3) 0.00000272
(4) 0.00000292
Stop loss: Close daily candle below 0.00000171. (Updated 15-Oct.).
Capital allocation: <10%.
ACCOMPLISHMENT
You start with your mind, like a game, with your thoughts.
Then starts the action, your body gets involved.
You start to move, play around, starts the game.
Your are in it to succeed, you are going all the way.
Finally the finish line, I can see the goal, I can see the end.
This is my accomplishment, you have to live it to understand.
Namaste.
VeChain on the moveVeChain has created bullish AB=CD harmonics pattern. The pattern is used for both intraday and for longer timeframes. The point D signals a buy in the bullish pattern, which is identified anywhere between 127.2% and 161.8%. Since we had a reaction in the zone, the price is now on the move to the upside. The first level to look up is the confluence zone of horizontal resistance, 100 DMA and 23.6% Fibonacci resistance. Above it is also the falling trend line connect recent swing highs which will provide additional resistance if the first one is successfully taken care of. The stop should be below the recent swing low.
VETBTC Another possible breakoutVETBTC Breaks out of the descending triangle looking for 10-15% profit
(VET/BTC) Restesting after breakout. Good r/r buy oppertunity. Entry 228
Stoploss 219 (-3.95%)
Target 326 (+42.98%) (red zone)
Risk Reward 10.89
Disclaimer, my post are my own ideas, not financial advice
VEN/BTC 1D FLAGFlags 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.
Not much info, but here is VET/BTCVEN parallel buy worked out after the VEN to VET swap. Targets and entry are on the graph, targets will be updated if entry is reached. Trade Safe!
shorting time rsi divergence completed 1 wave.... look for the 2 to be around the 50 to golden pocket
VeChain: Bullish movementVEN broke out of a falling wedge pattern. Bullish movement expected the coming weeks.
VEN/BTC - H4 - Garley ParternThe 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: 49400
With garment models that require the accuracy of the price action, so you have to put stopping points just below the EP
Wish you successful trading!
VEN/BTC 4h - My Current PositionHey 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!
Ven one more wave down!!! 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
Ven one more wave up.As you can see we might see a trend reversal, this is a quick trade.
Target: 0.00025800 - 0.00026400
VEN - Last chance to get in BEFORE TAKEOFFHey 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 don't think so.
HOW TO TRADE: Just buy this now,below 25-26k satoshis .I don't think that we are going to see these levels any time in the future.
Keep in mind to have a stop-loss set at your own discretion,but i wouldn't recommend setting it over 18k satoshis.
If the triangle is respected,the estimated outcome of this trade is of about 85% profit.
I wish you all an enjoyable weekend!
VENBTC: why I just enter long positionHI All,
It's All in the chart: BTCUSD.
Just Entered into VENBTC.
RSI shows oversold.
When will the downtrend end, who knows, but this is a long position.
This trade VENBTC could go much lower, because its Predicated on BTCUSD.
Hence, stop loss is a must.
Swing traders: Statistics and probability are on our side.
Don't worry about being right all the time.
You just have to be right 50% of the time to Double your initial capital.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me for future charts, like this post if it was helpful, and thank you all.
Happy trading People...
Short Ven continueVen is currently on 0.236 support of Fibonacci. If the bracket does not break, it will mainly have two reversal points. The black line just below, or the support around 0.009. To enter the trade, wait for at least the RSI line on the daily chart to point up and / or an accumulation in the price.
VEN - Prepare for the worst Man I was wrong about VEN earlier so here is a update:
Keeps dropping down even though the RSI is very low and oversold (13.6)
Bull divergence on SMI for now..
Seeing some thin supports wich might indicate a bounce in that area but otherwise towards the red area --> around 15K satoshi.
Thin supports where VEN might bounce:
- Current area: 21K
- 18K
- 16K
- 15K'ish
- Doom scenario is likely towards 10K, don't see this happening actually but you never know.
