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t80260
Jun 4, 2018 6:53 PM

VEN 4/06 Short

Description

Hello guys

So for VEN we're going down as you can see XD

First support to watch is 49010 but I don't think that will hold, what I'm expecting is that it is going to drop further to the buy zone somewhere there.

Also 4h rsi has already met OB conditions and the macd is ticking down and probably is going to cross bearish.

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good luck and thank you for tuning in !!


disclaimer:
The Legal stuff - I'm not financial adviser.

Comment

if you really wanna buy be my guest just make sure you set a stop

Comment

btw macd on the 3h chart crossed bearish I'm thinking that it will happen on the 4h as well

Comment

4h macd crossed bearish

price is holding very strong I have to admit bulls have proved them self.

ATM
We're consolidating here so that's not a bad sign.
I'm looking at this 1h EQ
resistance at 52300
and support at 50505

Comment

break of the EQ to the upside
Comments
WRJSLJ
Maybe it sells off after the wallet but of course IDK :)
WRJSLJ
There's the Wallet coming out and probably a bunch of announcements of partnerships leading up to mainnet approx end of june. So might be what is messing TA up. The wallet is supposed to be something special..they say any day now on that so IDK.. :)
t80260
@WRJSLJ, I didn't knew that thanks !
WRJSLJ
Thanks for the update!
WRJSLJ
You still feeling good about the short? :)
t80260
@WRJSLJ, yes
WRJSLJ
@t80260, Great I sold some waiting for the dip :) Thanks for the help
t80260
@WRJSLJ, okay so you're the 1 responsible for that 1h red candle :D
WRJSLJ
@t80260, Ha ha I dont think I have that much power :)
maurer
There are coming interesting things for VEN this month, do your still think that will go down to the buy zone?
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