Depending on the volume we can exit this triangle in a bullish fashion, however, there is low volumen at the time this chart was made meaning that a retest of the S1 support is very likely, a key point to consider opening a long would be around the S1 and S2
VENBTC Hey reader! As this is my first analysis I'd apologize for any newbie mistakes made in them. Now let's get into it. VEN has been on a downtrend ever since the TOR launch, volume has decreased aswell. That is the main reason I believe this breakout is not real. For it to be real we need a bigger volume that it simply isn't there.