VEN VeChain - We hit 78,000 target!! Correction time? Target 36K to 53K SatoshisteemCreated with Sketch.

in #vechain7 years ago


Correction Time?

Five waves have formed. We take fibonacci retracement of all 5 waves to get a possible support using price action, previous supports and resistances, and trend lines. We see a major trend line support, followed by support levels between 36K and 53K satoshi.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering

Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1

If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna!

Luna's personal bitfinex account:

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

Sort:  

This is great info, thanks for sharing bud! If you look at this picture for a long run then i suppose selling at this rate is not advisable. Lot of partnership coming up and with the launch of Thor i would say this will 10x by 2019.

After a huge breakout like that its definitely reasonable to expect a bit of correction. But this overall seems like a strong uptrend. a spike in price followed by minor correction over and over again.

Comfortably my best performer over last month, and was thinking it was probably time to sell before correction - thanks for giving me that bit of confirmation I needed.

you are amazing

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76065.61
ETH 2908.14
USDT 1.00
SBD 2.59