If an external event doesn't cause additional downward pressure on the market, VEN is set to breakout in the coming days.
Formation of a symmetrical triangle, a BB squeeze and a rise in the DMI+ and ADX creates a favourable scenario for VEN.
Coupled with fundamental analysis (upcoming rebranding and current airdrop), positive movement is likely.
Formation of a symmetrical triangle, a BB squeeze and a rise in the DMI+ and ADX creates a favourable scenario for VEN.
Coupled with fundamental analysis (upcoming rebranding and current airdrop), positive movement is likely.
Comment:
Update: mistook the VEN handle for another - no airdrop for this currency.