VEN smashing all targets!

BINANCE:VENBTC   VeChain / Bitcoin
573 2
Currently in a rising wedge .

With a 700% increase in the past 3 weeks and a rebrand around the corner, VEN is showing no signs of slowing down.

Currently testing a major resistance with a bullish MACD , we are about to smash our way into new ATHs.

Look for trend reversals (where the candlesticks break the dotted yellow line).

If it breaks the ascending support line (bottom yellow) it is time to sell. (rising wedges do generally turn bearish once the resistance and support meet each other ).
If we break the ascending resistance line, it will try and reach the next Fibonacci line.

VEN broke into top 100 market cap today, and I'm going to speculate here and say that the news and partnerships that VEN is securing is so strong it reach the top10 within the next 6 months.
I've been on board and following Ven since it was at the end of wave 1. For now everything seems to indicate that we are seeing a big 5 impulse wave. And to me, it seems like we are about the begin the fifth after the correction of 4th is over.

I'm thinking we may see a retracement all the way down to 50ks as fib indicates and after that if 5 goes up the same degree 3 did, we may reach the 100k zone. What are your thoughts?

Hi @matchgrip

I understand how you came to this conclusion, but I honestly think the Fundamentals are so strong on this one that it may defy reason of a technical analysis.

I will be looking for a break in the channel to make a decision, as it has been respecting this channel for a while now.
+1 回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出