VEN Possible Bounce back
Updated
Those who do not know about VEN, should inquire about it and it is one of the project worth to get in.
It has retreced good on daily chart and currently holding on support . We can accumulate it using laddering as a possible jump back is coming soon.
May give 10% to 30% easily. RSI, Stock RSI are in oversold reason from sometime. MFI is also oversold and has given green signal. Lets analyze it on 4H chart.
It has retreced good on daily chart and currently holding on support . We can accumulate it using laddering as a possible jump back is coming soon.
May give 10% to 30% easily. RSI, Stock RSI are in oversold reason from sometime. MFI is also oversold and has given green signal. Lets analyze it on 4H chart.
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On 4H you can see a falling channel.Price is at the bottom. Accumulate using ladders between current price and whiteline support.History suggests volume increasing a lot. And price can bounce back from 0.236 fib to 0.382 fib.
You should start taking profit from 0.00029000 to 0.00031000 and use trailing stop to ride it further.
This can give you 10% - 30% within few days.
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