I suggest waiting for VEN to bounce off the uptrend support before entering ( 0.00048 area). This is what I consider a VERY safe entry, yes the price might not reach that area before it MOON but there's a very strong possibility it will.
Trade ist aktiv:
VEN is very bullish, its respecting the trendline, bounced off the .786 FIB twice. The FIBS are adding up and I see a bull flag. Careful at the .70 - .75 area there is a candle that needs to be squared up. It will most likely rebound off that area. Anything over the .80 area becomes risky and if you arent an experienced trader I suggest taking your profit at the .80. But it may very well hit .88 and beyond.
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Let me know what you guys think in the comments!
VEN is very bullish, its respecting the trendline, bounced off the .786 FIB twice. The FIBS are adding up and I see a bull flag. Careful at the .70 - .75 area there is a candle that needs to be squared up. It will most likely rebound off that area. Anything over the .80 area becomes risky and if you arent an experienced trader I suggest taking your profit at the .80. But it may very well hit .88 and beyond.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think in the comments!