With the rebrand coming February 26th, we can expect big moves arriving soon. The normalized RSI and stochastic RSI both agree that a temporary correction is in order, so we can expect it to hit either:
I) the lower support at 55k Sats 3.48% , backed by previous older peaks, the recent dip and the trendline or
II) the upper support at around 57.6k Sats 3.48% , reinforced by the recent small peak and 38.2% Fibonnaci retracement.
The upward trend channel is nonetheless definitive, as a bounce after that is extremely likely. MACD showing early bullish signs, reinforcing this idea.
My recommendation: wait for it to test support decisively, then buy and await good news.
Good luck out there!
I) the lower support at 55k Sats 3.48% , backed by previous older peaks, the recent dip and the trendline or
II) the upper support at around 57.6k Sats 3.48% , reinforced by the recent small peak and 38.2% Fibonnaci retracement.
The upward trend channel is nonetheless definitive, as a bounce after that is extremely likely. MACD showing early bullish signs, reinforcing this idea.
My recommendation: wait for it to test support decisively, then buy and await good news.
Good luck out there!
評論:
We've now entered the support area, we just need to wait until the reversal is confirmed, whenever it may start.
交易進行:
It happened sooner than expected, but here we are! SL is to be set at around 57K Sats.
評論:
Facing resistance from the previous peaks, can we break through?
交易結束：達到停損點:
Sadly, the hype up to the announcement failed to bring VEN up to expected values, with the post-rebranding dump being the final nail in the coffin. Better luck next time.