1D charts VEN is currently oversold and the volume is low. VEN is way higher than all of its MAs. VEN need to retract back to its normal trend before continuing its way up. The target area for the correction is between 0.42 and 0.54 BNB.
SHORT TERM - CORRECTION
LONG TERM - UPTREND
Legal Disclaimer: This is not a financial advice, it's only my opinion, make of it what you wish. It's not advice nor recommendation to either buy or sell!
SHORT TERM - CORRECTION
LONG TERM - UPTREND
Legal Disclaimer: This is not a financial advice, it's only my opinion, make of it what you wish. It's not advice nor recommendation to either buy or sell!
Comment:
1D Chart. Red candles with long top wicks are very bearish, RSI and Stoch RSI are still high. Expecting further retreat into the indicated area. #VEN #BNB #Binance #VeChain #Crypto