VEN VeChain - We hit 78,000 target!! Correction time? Target 36K to 53K Satoshi
Correction Time?
Five waves have formed. We take fibonacci retracement of all 5 waves to get a possible support using price action, previous supports and resistances, and trend lines. We see a major trend line support, followed by support levels between 36K and 53K satoshi.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
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Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
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Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering
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This is great info, thanks for sharing bud! If you look at this picture for a long run then i suppose selling at this rate is not advisable. Lot of partnership coming up and with the launch of Thor i would say this will 10x by 2019.
After a huge breakout like that its definitely reasonable to expect a bit of correction. But this overall seems like a strong uptrend. a spike in price followed by minor correction over and over again.
Comfortably my best performer over last month, and was thinking it was probably time to sell before correction - thanks for giving me that bit of confirmation I needed.
you are amazing