bloodleach

VE-CHAIN- BTC

BINANCE:VENBTC   None
VE-Chain... like most other alts is recovering nicely. My intention with this post is to show an Alt that is close breaking a more key level resistance and gain more than the average Alt-coin is atm.
From a technical perspective, we can see that it had a 5-wave correction followed by a break-out of a falling wedge . It's trying to establish a new trend. All indicators show room to grow and lean towards the positive side.

We will have to watch and monitor KING BTC . There are multiple ALT coins hugging key resistance levels. And if the day trend is down for BTC . A rejection of the resistance level can take place. Entry is around this region or on a thru break above and a touch of previous resistance. Rest of the info is shown on the chart. Goodluck
Comment: patience not in a bad spot
Comment: Hit target 1 weel done
Comment: Hold with stop-loss in profit
Comment: looking for continuation
Comment: break
Comment: Target 2 hit

Comments

I see a cup and Handle formation on 1 day Chart. Have a look here:

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