On long term low upward trend line and bouncing off
200MA under 314 MA on 5, 15 and 30-minute charts
MACD, Stoch and RSI all bottomed out showing VEN is heavily oversold and indication of bullish movement to follow
MACD W shape showing strong indication of bullish movement to follow
Elliot Wave 1,2,3,4,5 and A,B,C reversal cycle complete
Fib from low of 16k sats to high of 81k sats shows current position bouncing off 0.382 Line
Fib from low to high of last movement (38k to 81k) shows current position bouncing off 0.618 line
Divergence on Stoch and RSI vs Chart
Should play out over the next 3 to 6 days
200MA under 314 MA on 5, 15 and 30-minute charts
MACD, Stoch and RSI all bottomed out showing VEN is heavily oversold and indication of bullish movement to follow
MACD W shape showing strong indication of bullish movement to follow
Elliot Wave 1,2,3,4,5 and A,B,C reversal cycle complete
Fib from low of 16k sats to high of 81k sats shows current position bouncing off 0.382 Line
Fib from low to high of last movement (38k to 81k) shows current position bouncing off 0.618 line
Divergence on Stoch and RSI vs Chart
Should play out over the next 3 to 6 days
Kommentar:
ugh for some reason Tradingview has covered my idea in links to BS. Not sure how to get rid of that!