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dukeofdolma
Jan 22, 2018 3:34 PM

[VEN/BTC] Bullish Pitchfork Long

Description

VEN has a nice pitchfork going right now which should allow for some small swing trades. Watch for price to touch the lower bands for an entry and sell when it hits the upper bands. Also look for RSI divergences for either confirmation or signs of trend reversal.

Comment

Pitchfork has been invalidated, but a nice bull pennant has formed nonetheless. There is still a possibility that this pattern breaks into another rally, but if not this idea is dead.

Comment

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Comments
Supertraderboy
Hope it holds up till bitcoin gets its feet on the ground
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