I was rapidly scrolling a the whole market a couple of days ago and my attention was caught by the bearishness of VEN in a stagnating whole market (what in this market is very atypical).
I did a very quick , to understand why and discovered that VEN is migrating on his own chain (not a so bad news).
Since ATH VEN corrected relative less and is inside this big channel.
If VEN continues this correction, it would be very interesting catch it at the resistance line of the channel.
There it will complet a bullish butterfly harmonic pattern, which in my opinion could bring VEN very High.
1.20 was the basis of the last strong run and it will very probably hold VEN.
If you are not used to trade VEN like me, set an alarm at 1.30§ and follow with attention what it does. If you like to gamble, buy a lot of VEN. It could transform itself in a gold mine!
BIO
I did a very quick , to understand why and discovered that VEN is migrating on his own chain (not a so bad news).
Since ATH VEN corrected relative less and is inside this big channel.
If VEN continues this correction, it would be very interesting catch it at the resistance line of the channel.
There it will complet a bullish butterfly harmonic pattern, which in my opinion could bring VEN very High.
1.20 was the basis of the last strong run and it will very probably hold VEN.
If you are not used to trade VEN like me, set an alarm at 1.30§ and follow with attention what it does. If you like to gamble, buy a lot of VEN. It could transform itself in a gold mine!
BIO