TheBossTrader
Panjang

Idea for Long Entry on $VEN.X VEN/BTC

BINANCE:VENBTC   VeChain / Bitcoin
I like VEN/BTC's uptrend and especially like using the 50SMA as an entry. Looking at the posted chart it is obvious that the bulls are buying pullbacks to the 50SMA. Based on the three prior supports at this level I would feel confident starting a long position on the next pullback to the 50.

Good luck
The 50SMA is irrelevant because there were constant 100btc sell walls every 200 satoshis for most of the last 50 days, and now they are gone.
Balas
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