This has been posted with a delay since this account is fairly new but it is not to late to join the ride.
VEN has been on a nice uptrend since the 14th and has been keeping up ever since, heading towards the completion of the Ascending Triangle Pattern.
Besides that we have had a smaller bull flag indicating where the next move upwards can go.
Bullish cross on the EMA's, Cloud is supporting a further uptrend and the VEN Rebrand is coming up as well!
More risky than I'd normally trade but the rebrand and the compounding bullish signals is making this a likely break out.
Red box is the last resistance area VEN is about to face.
Notes in the chart, Happy trading!
Do you enjoy the longer explanation such as at my BTC chart or do you like the shorter ones like this one?
Let me know in the comments!
Enjoy the analysis!
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
VEN has been on a nice uptrend since the 14th and has been keeping up ever since, heading towards the completion of the Ascending Triangle Pattern.
Besides that we have had a smaller bull flag indicating where the next move upwards can go.
Bullish cross on the EMA's, Cloud is supporting a further uptrend and the VEN Rebrand is coming up as well!
More risky than I'd normally trade but the rebrand and the compounding bullish signals is making this a likely break out.
Red box is the last resistance area VEN is about to face.
Notes in the chart, Happy trading!
Do you enjoy the longer explanation such as at my BTC chart or do you like the shorter ones like this one?
Let me know in the comments!
Enjoy the analysis!
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Trade active:
TP1 hit.
Trade closed: stop reached:
Stop loss hit.