VenChain (VEN) Where's it going to go?
Most indicators are showing strong signs of consolidation preparing for a big move. $VENBTC
RSI/Stock is Very High on 1D, but since there is so little data, it doesn't necessarily mean it's oversold quite yet.
The only notable bullish signal that I see is the 4 day cloud support. If it manages to sail in the cloud and break out, there's a good chance it'll go to the 1.618 fib resistance level, otherwise it could go back down to previous support at 0.382.
*(4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
RSI/Stock is Very High on 1D, but since there is so little data, it doesn't necessarily mean it's oversold quite yet.
The only notable bullish signal that I see is the 4 day cloud support. If it manages to sail in the cloud and break out, there's a good chance it'll go to the 1.618 fib resistance level, otherwise it could go back down to previous support at 0.382.
*(4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
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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.