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VEN

$VEN / $VET - TEST, 4H : # 1Trying out longer timeframes. Hope you guys correct me if something is incorrect, thanks. ________________________________________________________________________________________________________ I am trying to visualize the price action as if I were entering a position based on the data until I am confident enough to do it in the market. I AM PERSONALLY GOING LONG WITH DOGE BUT WANT TO TRACK/TAKE NOTE OF PRICE MOVEMENT IN DIFFERENT SCENARIOS, MORE THAN ANYTHING ELSE, WHILE LEARNING TO USE THE TOOLBOX + LEARNING TECHNICAL ANALYSIS . ________________________________________________________________________________________________________ These are just theories I am testing out to see what I need to adjust based on results. Leave me a comment if you see something I need to change, I'd appreciate it. THIS IS NOT FINANCIAL ADVICE.
V
by earnBTC4free-com
VET IS TRICKYI spotted this divergence between price and indicators few weeks ago but i did not tried to catch the falling knive as I was not sure of the support and I putted a stop buy above the break down on 13 august. I was very concerned about short VET after the failed break out of 22 august and a double W formation on BTC pair Actually the indicators are still on linear growth, the triangle formation is still intact and there was no sell out untill now despite this double W formation. The RSI despite declining tops, seems to be able to push higher again. So I 'm still in. I see for this reason more upward movement actually as possible. Looking back at the VEN/USD Pair of binance there is a strong resistance at 0.02 dollars (2 dollars of the VEN/USD pair). In case of break out of the triangle this would be my max target. Based on the flag formation is 0.025 possible but I would be conservative. Break down of triangle is a sell. BIO
Long
by FerdiHodler
5