Ven Cruising for now until we hit end of the road

4 Apr 2018

BINANCE:VENETH Looking at 1 day chart, BINANCE:VENETH will stay steady until it gets near end of ascending triangle. Once bollinger bands squeezes a tad more and opens up and volumes increase look for BINANCE:VENETH to become bullish, if we break .800158 sats which would indicate momentum upwards.

Macd indicator is about to cross under for small gains, Stoch RSI still hasn't hit its peak yet and prices will dip soon as its becoming oversold.

If we break the flag downward BINANCE:VENETH will drop to the next support resistance at .58741 sats possibly below that.

I believe the last ven run up was start of wave 1, and we just entered wave 2 of the Elliot wave, with biggest wave 3, per Elliot theory still to come. Still learning how to read Elliot waves so bare with me.

Always helps to Look and compare next to BTCUSDT run up to help look for indications of when ven will have its run even though ven has done very well against btc.

Not an expert or an adviser still a newb, just my thoughts, any suggestions would be appreciated. BINANCE:VENETH is my biggest hold long term and I dont see many analysis on BINANCE:VENETH so thought i'd share.

6 Apr 2018

Nota

Possible cup and handle forming on 4 hour chart at end of wedge for a breakout. Volumes need to increase to make this happen

7 Apr 2018

Nota

upward momentum wont last long without volume, breaks wedge buy, buy....

9 Apr 2018

Nota

Will we break the wedge and go bearish or move up from resistance and turn up guess we will find out https://tomorrow......https://www.tradingview.com/x/mLkP6lJi/

13 Apr 2018

Nota

just my thoughts and observation happy trading

18 Apr 2018

Nota

Possible breakout of wedge on 1 hour chart, volumes increased and macd indicators going straight up, bollinger bands opened its mouth for upward momentum. wait for confirmation breaking past resistance