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krobolin
Jan 16, 2018 12:50 PM

VEN +52,8% profit  Short

Description

VENBTC is inside a not-so-nice symmetrical triangle which means it will probably pop to 64480 satoshis in this quarter (VeChain is also going through rebranding so this can lead to a pump). I traced a parallel line of the triangle to measure the target as well as the 1.618 fibonacci level (which coincides). Not only that, look at the volume diminishing as the triangle narrows, it's another indicator of popping up.

Trade safe.

Comment

It reached the target I said it would around @ 64500 satoshis but I've failed the timeline. Now it's time for a decent update eh?

Trade closed: target reached

Comments
MoneyRight
Eh? YES! :D
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