VEN potential reversal, finallyMACD about to reverse to bullish on the 4hr, rsi is hitting the historical reversal zone, and it respected the bearish pennant that is drawn in lighter orange. We would really need a good push with volume, which is definitely possible with VEN's new BMW partnership announcement. However, we did just have the rebranding event, and I feel like everyone who wants to own ven, already does, so this is where we may run into issues with the volume. I will update when we break up, down, or sideways from the triangle.
Rebranding
Lisk crunchy time! (LSK)Hi there,
So Lisk's rebranding event is coming up today in roughly 6 hours (Doors open 7:30pm CET, 6:30pm GMT with livestream an hour later).
The chart is looking rather tasty. We've just crossed upwards from the undersold territory and a breakout either way seems imminent. As it's the rebranding event later, I would suggest it will break to the upside.
Definitely one to keep an eye on over the next hour or so. As always, I will be waiting for confirmation of the breakout before opening a trade.
This is not investment advice.
Thanks,
Smyelar
