VEN - Reaching the end of a monster pennant
Updated
VecChain has been forming what seems to be a huge pennant, similar to lots of strong alts on the market.
~15 days, it will reach the end.
With all the market FUD we have had over the past few months, VENBTC may struggle to break out of the pennant due to bitcoin's movement.
Either way, we are seeing a 12345 impulse towards the resistance - lets see how this plays out! Updates as we go with this one.
NB: please trade at your own risk, this information is for your education.
AB
~15 days, it will reach the end.
With all the market FUD we have had over the past few months, VENBTC may struggle to break out of the pennant due to bitcoin's movement.
Either way, we are seeing a 12345 impulse towards the resistance - lets see how this plays out! Updates as we go with this one.
NB: please trade at your own risk, this information is for your education.
AB
Note
Target 3 reached, sold some here. Looking to buy back in after a retrace.Trade closed: target reached
We made point three and point four, but was rejected by previous resistance and are retracing down now. Thx! :D
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