TradingView
chartorscience
Jan 16, 2018 6:51 AM

VEN breakout imminent Long

Description

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.

Comment

Update: mistook the VEN handle for another - no airdrop for this currency.
Comments
EWQRHGWQDSRH
breakout will happen when everything stabilizes for sure.
EWQRHGWQDSRH
@EWQRHGWQDSRH, looks like we are already on a path to recovery
britishboy100
theres gonna be no breakouts no matter how much people try to predict with the fall in BTC :/ wait until feb and everything will be back online!
rockstaring
what airdrop ?
chartorscience
@rockstaring, rebranding was correct, I mistook another coins airdrop for VEN's
rockstaring
@detalmusic, No problem :) , Thank you for TA .
More