VEN - Prepare for the worst
Man I was wrong about VEN earlier so here is a update:
Keeps dropping down even though the RSI is very low and oversold (13.6)
Bull divergence on SMI for now..
Seeing some thin supports wich might indicate a bounce in that area but otherwise towards the red area --> around 15K satoshi.
Thin supports where VEN might bounce:
- Current area: 21K
- 18K
- 16K
- 15K'ish
- Doom scenario is likely towards 10K, don't see this happening actually but you never know.
Keeps dropping down even though the RSI is very low and oversold (13.6)
Bull divergence on SMI for now..
Seeing some thin supports wich might indicate a bounce in that area but otherwise towards the red area --> around 15K satoshi.
Thin supports where VEN might bounce:
- Current area: 21K
- 18K
- 16K
- 15K'ish
- Doom scenario is likely towards 10K, don't see this happening actually but you never know.
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