mehran_analyzer

Venus in a very hard way

Short
BINANCE:XVSUSDT   XVS / TetherUS
Venus has been trying to climb in the past few days, but market confusion has prevented prices from rising and caused the market to suffer in the last 3-4 days.Now in the chart above we have seen the emergence of a symmetrical triangle pattern The symmetrical triangle pattern is generally a continuous pattern But if a green candlestick closes above the top of the triangle, we can see the price rise as much as the base of the triangle.In the uptrend, the price has a lot of resistance, which is indicated in the chart above by blue lines But in the downtrend it is observed that there is only one important support that cows should be very careful about.Currently, the possibility of a descent scenario is greater than the ascent.
This is just a technical analysis.
This is not a financial recommendation.

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