Currently in a rising wedge.
With a 700% increase in the past 3 weeks and a rebrand around the corner, VEN is showing no signs of slowing down.
Currently testing a major resistance with a bullish MACD, we are about to smash our way into new ATHs.
Look for trend reversals (where the candlesticks break the dotted yellow line).
If it breaks the ascending support line (bottom yellow) it is time to sell. (rising wedges do generally turn bearish once the resistance and support meet each other ).
If we break the ascending resistance line, it will try and reach the next Fibonacci line.
VEN broke into top 100 market cap today, and I'm going to speculate here and say that the news and partnerships that VEN is securing is so strong it reach the top10 within the next 6 months.
With a 700% increase in the past 3 weeks and a rebrand around the corner, VEN is showing no signs of slowing down.
Currently testing a major resistance with a bullish MACD, we are about to smash our way into new ATHs.
Look for trend reversals (where the candlesticks break the dotted yellow line).
If it breaks the ascending support line (bottom yellow) it is time to sell. (rising wedges do generally turn bearish once the resistance and support meet each other ).
If we break the ascending resistance line, it will try and reach the next Fibonacci line.
VEN broke into top 100 market cap today, and I'm going to speculate here and say that the news and partnerships that VEN is securing is so strong it reach the top10 within the next 6 months.