Short
Ven/BTC due for a nice ABC correction
Updated
We have completed a typical 5 wave pattern, now we should see an ABC correction which would end near wave 4, or lower. If we go lower then you need to wait for a new cycle. It it stops near wave 3/4 then this is a continuation of a larger bullish trend in the future.
Trade closed: target reached
Price point of C was touched on Feb 5th.Note
I don't think we have touched bottom yet. 
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