I tried to explain everything on the daily chart! I have been waiting for a good entry point for venus coin and my buy order set to kick in today! Btc definitely not playing well and must be carefully watched(currently around 46k-47k range)! There is actually no immediate danger of Btc crashing but nobody can be sure for fact. However some people using BTC to manipulate market heavily. Past few years alt coins doom to follow BTC's moving patterns due to every coin having paired to btc like (xvs/btc ,eth/btc etc.).
Currently ema 50 line stands on $38 dollars on daily chart and Venus does not seem to want to go below! However we need to go above $50 asap so we could be above Ema 20 line and safely move towards three mid to long term targets. Lines are drawn for possible target prediction pattern however timeline could be a lot different!
****Trade is not valid if the price action goes below $35 and Btc crashes again! **** If there is interest to open a position , it is still risky trade and must be proceed with caution!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
Currently ema 50 line stands on $38 dollars on daily chart and Venus does not seem to want to go below! However we need to go above $50 asap so we could be above Ema 20 line and safely move towards three mid to long term targets. Lines are drawn for possible target prediction pattern however timeline could be a lot different!
****Trade is not valid if the price action goes below $35 and Btc crashes again! **** If there is interest to open a position , it is still risky trade and must be proceed with caution!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
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We did not break out of the triangle. Still very risky! Traders seems to be getting impatient. If we end up breaking down from triangle I will instantly get out of the trade with minimal losses.
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1 st. target completed!
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Unfortunately pull back was a bit stronger than initially anticipated! At this point we can form double bottom and attack $100 mark or be happy and float $30-$60 dollar range for a while. Either way I decided to exit the trade with 25% profit. WING Finance coin seems hot at this point. I will stick to it for a while!
Trade closed: target reached
Comment:
Few days late but $100 target almost around the corner. If Venus coin can not break $100 , we may see pull back to $50 range.
Trade closed: target reached:
Finally last target has been achieved obliterated $100 target. First time I recommended this coin was just below $4 dollars. If you did take my advice and hold it patiently you made about 30X plus.. Congratulations to you already! Stronger minds always wins. I closed my position completely.
Comment:
If you are in the market looking for small market cap coin take a look at the WIng Finance coin on Binance exchange. Make sure to do some research.
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