Long
VENBTC: New targets (+68.9% profit)
** If you haven't seen my last TA of VENBTC, please do **
My target of VENBTC was 64480 satoshis and guess what? It was hit! And now what's next for this promising coin?
I'm liking these fans analysis, it seems to predict alright. On top of that, we are in a pretty nice Elliot Impulse Wave and if you look closely, the end of wave 3 was almost on top of 1/2 fan speedline so my target for the end of wave 5 is exactly on top of this 1/2 fan speedline @ 108130 satoshis.
REMEMBER: VENBTC broke every resistance there was. Tip: every resistance line broken is now a support line so be cautious if it breaks down.
Trade safe.
My target of VENBTC was 64480 satoshis and guess what? It was hit! And now what's next for this promising coin?
I'm liking these fans analysis, it seems to predict alright. On top of that, we are in a pretty nice Elliot Impulse Wave and if you look closely, the end of wave 3 was almost on top of 1/2 fan speedline so my target for the end of wave 5 is exactly on top of this 1/2 fan speedline @ 108130 satoshis.
REMEMBER: VENBTC broke every resistance there was. Tip: every resistance line broken is now a support line so be cautious if it breaks down.
Trade safe.
Note
Target might be shorter since it's going up fastly. Keep looking at this chart because if it hits 1/2 speedline at anytime, it'll find resistance.Note
Watchout! First target - 88290
Second target - 96203
Third target - 108130
Note
Nice correction for the last four 4h candles.. it means it's supporting this price right there.Note
Fell inside growth channel. Let's see if it tries to gets out once more and then drops a bit like other 2 times with VENBTCNote
Testing past resistance as the new support.
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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.
Related publications
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.