Have a good day and hold Vechain. Trade with a potential to gain 56% profits.
Vechain is looking ready for a strong move.
Let's see the bigger picture ( 1 day chart )
VEN corrected only 50% since ATH and now is looking strong.
If breakout of bull flag, strong bull move will be happening within days.
To understand better the chart, look at this info
Let's put everything together and try to forecast some price targets for this cryptocurrency:
Technical Analysis shows a clear bull flag. Bull flags are a continuation pattern within a bull cycle.
Eventually we could expect VeCoin to go to All time high.
However, let's be more reasonable and let's point out some key level for VeChain
Tools used for achiving these targets: TA Bull Flag pattern & Elliot Waves.
Targets:
After Bull Flag breakout, we will have confirmation for next targets:
0.00064
0.00071
0.00081
0.00090
Stop loss:
Around 0.00050
Time prediction: estimated 1 week
Fundamentals: Why would you like to be involved with VeChain?
The interesting thing about VEN is that it was previously a subsidiary of China’s biggest blockchain company BitSe. That makes it brother to the QTUM Foundation, Blockchain & Infrastructure. VEN is the Supply Chain Technology that will be implemented onto the blockchain. With this brings the following: Existing BitSe partners, industry connections and customers Existing QTUM partners, industry connections and investors The QTUM and VEN Partnership will become somewhat of a powerhouse team and will definitely give Waltonchain a run for its money.
Thanks for Reading!
