Three possibilities I see for VEN's near future. With a bullish flag and trendline underneath it, I believe we will see a continuation of the uptrend if major cryptos like BTC and ETH can hold their ground.
Comment:
BTC and ETH dump clearly affecting the price as well as other alts. Being a good project that will inevitably succeed in my opinion, I am holding my position.
Trade closed: target reached:
It seems the short-lived downturn of the crypto market stifled growth until the subsequent bounce, triggering strong growth across the board. This brought the price to meet my first prediction a little later than expected. I will wait for sustained confirmation over several more hours before confirming my target. This price spike could be artificial as a result of the recent unstability.
Trade active:
Accidentally closed it lol.
Trade closed: target reached:
I'm calling this a successful breakout. We are seeing a small penant right above the flag as well: another bullish signal.