• Cryptocurrencies: 2118
  • Markets: 16489
  • Market Cap: $139173204609.87
  • 24h Vol: $34838409650.334

VEN Swing Trade

The Stoch RSI on the 1D Chart explains that the dumping on Ven has not yet finished.

The daily has rejected a dump further from the 0.00048540. The dump continued to the 0.00046 level meaning that Ven keeps retesting that position.

Effectively we may see at least a retrace to the 0.00045 to 0.00040 before beginning an uptick to 0.00056 to 0.00058.

Nouvive recommends an entry level long from 0.00040 to 0.00045 position. A Saudi Stop Loss should be placed at the 0.00038-39 position representing a 3-5% Risk ratio.

Nouvive recommends a take profit level from 0.00055 to 0.00058.

 

A long from the positions stated illustrates a 37 per cent gain.

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

Show Your Views:
  •  (0)
  •  (0)
  •  (0)
  •  (0)
18

ViFeed Indicators

Bitcoin (BTC)
$4032.83
73.00 RSI
-1.16%
Sell
Ethereum (ETH)
$136.9
59.00 RSI
-2.44%
Hold
XRP (XRP)
$0.31
53.00 RSI
-1.76%
Hold
Litecoin (LTC)
$59.28
60.00 RSI
-1.95%
Hold
EOS (EOS)
$3.65
41.00 RSI
-2.36%
Buy
Bitcoin Cash (BCH)
$154.62
59.00 RSI
-3.55%
Hold
Binance Coin (BNB)
$14.75
51.00 RSI
-3.53%
Hold
Stellar (XLM)
$0.11
54.00 RSI
-4.09%
Hold
Tether (USDT)
$1.01
7.00 RSI
0.05%
Buy
TRON (TRX)
$0.02
46.00 RSI
-2.06%
Hold
How much do you invest a month into Crypto