Vechain VEN looking for double-top breakout potential.
VEN needs to hold support AT or ABOVE the local 618 FIB to pop-off onto the short-term 1.618 extension.
If support isn't made AT or ABOVE the local 618 FIB, then we can expect the retracement negative-momentum to continue as we move towards previously untested levels of support.
If support isn't made AT or ABOVE the local 618 FIB, then we can expect the retracement negative-momentum to continue as we move towards previously untested levels of support.
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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.