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VENBTC: Rising wedge + bearish divergence
VENBTC is seeing a battle between FA and TA, where FA says the price will rise because of more news coming out next week and TA says this bullrun's day's are numbered - at least for now.
Price is in a rising wedge with RSI showing exhaustion of the trend with a bearish divergence.
The daily chart is best to show this bearish divergence:
William's fractals tell us our stop-loss should be at 35250 for the daily chart and 47000 for the 4 hour chart. HODL'ers should HODL - I've been told this project is very promising.
Price is in a rising wedge with RSI showing exhaustion of the trend with a bearish divergence.
The daily chart is best to show this bearish divergence:
William's fractals tell us our stop-loss should be at 35250 for the daily chart and 47000 for the 4 hour chart. HODL'ers should HODL - I've been told this project is very promising.
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