"Vechain (VEN) is a blockchain ecosystem for businesses and governments. They combine the best of Ethereum with their own Internet of Things (IoT) and RFID technologies to provide solutions to fight counterfeit goods, improve supply chain management and product assurance." - Boxmining
It's also called many times as "The Sleeping Giant".
Okay! Indicators!
*RSI first! Indicates strong buying pressure as it does not go lower than 60 as it move upwards.
*MACD is the same.
*Darvas Box - Broke out of darvas box today!
I can think of this as long term investment. BUY AND FORGET!
But I'm a trader, a trend follower at that, so I just bought on breakout. :-)
I don't have a target, I just set stops below 20 period moving average.
Good luck!
It's also called many times as "The Sleeping Giant".
Okay! Indicators!
*RSI first! Indicates strong buying pressure as it does not go lower than 60 as it move upwards.
*MACD is the same.
*Darvas Box - Broke out of darvas box today!
I can think of this as long term investment. BUY AND FORGET!
But I'm a trader, a trend follower at that, so I just bought on breakout. :-)
I don't have a target, I just set stops below 20 period moving average.
Good luck!