$VENBTC, Biance- Its on a WILD!
Welcome to the chart analysis of VENBTC. I was watching 
VEN for several days now if it will continue its reversal or not. As we can see on the graph, we are still on the trend since it maintains its position above the 200 EMA. It also continue to make higher lows which is a sign of reversal. Our analysis was supported by the Ichimoku were it alreasy crosses when it makes it higher high. The price also makes it through the cloud together with the future cloud on green. However we could see a pull back since the RSI is nearing oversold. It touched our resistance but we are not sure it if it could make another higher high. Let's see if its price action for the next few hours.
You are free to make a feedback on my analysis for my improvements. Thank You!
If you want to trade trade in binance, sign up now! binance.com/?ref=17771506
follow me on twitter @CryptoBotEj
VEN for several days now if it will continue its reversal or not. As we can see on the graph, we are still on the trend since it maintains its position above the 200 EMA. It also continue to make higher lows which is a sign of reversal. Our analysis was supported by the Ichimoku were it alreasy crosses when it makes it higher high. The price also makes it through the cloud together with the future cloud on green. However we could see a pull back since the RSI is nearing oversold. It touched our resistance but we are not sure it if it could make another higher high. Let's see if its price action for the next few hours. You are free to make a feedback on my analysis for my improvements. Thank You!
If you want to trade trade in binance, sign up now! binance.com/?ref=17771506
follow me on twitter @CryptoBotEj
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.