Long
VenBtc going for massive run???
Previous setup hit first target, I still bullish long term the wave count had changed.
TA:
- Golden ratio zone
- Formation of 3rd of 3rd subwave
FA:
- Positive news regarding China supporting blockchain technology
- Alpha Test Aplication 15 June
- Mainnet 30 June
TP:
-1:1 for 3rd wave (never the shortest wave)
- Previous high with around 1.27% extension
- Break previous high for 2% extension
- Conclusion:
Is a good opportunity to accumulate till the mainnet launch with China possitive gournment support!
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve i
TA:
- Golden ratio zone
- Formation of 3rd of 3rd subwave
FA:
- Positive news regarding China supporting blockchain technology
- Alpha Test Aplication 15 June
- Mainnet 30 June
TP:
-1:1 for 3rd wave (never the shortest wave)
- Previous high with around 1.27% extension
- Break previous high for 2% extension
- Conclusion:
Is a good opportunity to accumulate till the mainnet launch with China possitive gournment support!
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve i
Note
Time to reentry or add more position, looking positive
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.