Looks like we're going to feel the pain for a little while - One of the exigencies of the X-Nodes is that people who were already holding large amounts of Ven for a normal node now dont need to hold as many for an X-node to get the same staking percentages. This will likely cause a drain until Ven has market moving news. Regardless of the price dropping just now i believe the Ven X-nodes to be one of the best investments for this year
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Being added to Bithumb was the market moving news :P - On the Gann side you can see how the impulse happened on the square vertical as the candles left the resistance of the arc pair - The candles are now in the range between the red 2x2 fib ray and the 2x1 above where the price was stopped
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Moving across the downtrends on the dollar chart - Good volume
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Looking Healthy
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Great stuff - I was expecting more pain than this! On the Dollar chart the candles have skipped over another downtrend - Looking good for Ven
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Ven X-Nodes are looking like a better investment every day - Resistance marked in blue if you are trading the swings
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Ven beat all the major Usd downtrends and has found support currently against Btc - Closest major support marked in the dotted lines, resistance on the blue bands
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Bull pennant on both charts - Should get a kick upwards today