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SerendipityIsMe
Feb 15, 2018 6:44 PM

VEN/BTC: Due for a temporary correction 

Description

VEN's time to shine is almost upon us; as it flirts with the 0.382 Fibonacci level, we should expect one more dip as indicated by the On-Balance Volume before the upwards trend takes hold. This is further reinforced by the RSI surpassing the upper Bollinger Band, indicating overbought conditions. The best time to buy would be at around 52k Satoshi, holding until around 62k Satoshi.


Your opinions and support are welcome!

Comment

Looks like my timeframe was a little too compressed, though it ultimately played out. Check out my newest VEN/BTC chart!
Comments
StuRon
I think the FOMO from the 26th Feb will over power the normal trading conditions. Lots of red packets to invest in VEN as it becomes VET :)
SerendipityIsMe
@StuRon, You may just be right, it looks ready to break through.
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