VEN (VeChain) has a very strong chart showing. Recently it broke the Symmetrical Triangle towards bullishness and is now challenging the local 'Double-Top' resistance. If it breaks this, which seems likely, then we should see a rally up to the next resistance levels where it could retrace and find support on the current channel's resistance (turned support). Once we break that level, it's a clear shot to ATH. Seeing the history of this all, one can see that VEN is a very resilient coin, meaning their community has some pretty strong HODL hands. If VEN breaks ATH then a FOMO rally should set in that could see some pretty sweet gains. HODLing this position for a bullish Swing Trade.
Commentaire:
Falling Wedge on VEN + Retraced to 0.5 Fib Level. Updated, close-up chart :
I'm still bullish on VEN
-Wolfie
I'm still bullish on VEN
-Wolfie
Commentaire:
VEN Update :
Falling Wedge broke bullish, BEAUTIFULLY.
1H StochRSI is capped. Potential Inverse H&S to form.
I'm still bullish on VEN
-Wolfie
Falling Wedge broke bullish, BEAUTIFULLY.
1H StochRSI is capped. Potential Inverse H&S to form.
I'm still bullish on VEN
-Wolfie
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