VEN Bounce Play

16 thg 7, 2018

VEN is sitting just under 20 RSI on the daily. The chart is pretty bearish and there is no support until 9k satoshis. I believe that we will slowly trend up due to a buy the rumor sell the news event with the BTC ETF. I place the horizontal resistance levels at 35k sats and 40k sats. This is where I would plan on placing my exits in this bounce.

16 thg 7, 2018

Ghi chú

I made a pyramid entry and move up my stop after the nice gain from last night. Still keeping my exit the same.

17 thg 7, 2018

Giao dịch được đóng thủ công

Bearish divergence on the STTF for BTC. Closed at 28.5k sats. Will think about reopening if it breaks the neckline.

18 thg 7, 2018

Ghi chú

Bullish divergence spotted on the 4H. Reopened at 26.7k sats. Looking to ride this baby to at least 35.2k sats.