intgsull

ASCENDING BROADENING WEDGE - BULLISH DIVERGENCE! VEN -> 2X

Long
BINANCE:VENETH   None
With rebrand coming up in less than two days, VEN is looking incredibly sexy.

VEN is currently in an ascending broadening wedge , looking to test the support line in the next couple days.

The OBV is testing support which has been holding in a solid uptrend. We are also seeing a bullish divergence in the OBV, another buy indicator. A bounce or false breakout is likely at this point.

VEN is looking to 2x by April. It's been one of the few big winners of 2018, and I don't see any reason for it to stop. Look at the target zones. I would still wait to take a position until we see it bounce. Put a stop loss just below the support trend line at your entry point.

Also, let me shill real quick. VEN's fundamentals are amazing.
Put your money where TA and fundamentals agree.

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