So,
small update again, will keep it simple.
RSI @50 (or at neutral, however u would like to interpret it) acted as a support but flipped to resistance around the red circle. Negative buying power just like my wallet.
Macd moving down at accellarated speed, no crossovers to be seen as of yet.
Overall bearish
Short until the next fib line. @ 185
Ps dont forget: VET is a hard chart, why? We're missing the VEN part. Were still on a massive downward correction, entirely correlated with BTC. Keep it in mind!
Trade safe!
small update again, will keep it simple.
RSI @50 (or at neutral, however u would like to interpret it) acted as a support but flipped to resistance around the red circle. Negative buying power just like my wallet.
Macd moving down at accellarated speed, no crossovers to be seen as of yet.
Overall bearish
Short until the next fib line. @ 185
Ps dont forget: VET is a hard chart, why? We're missing the VEN part. Were still on a massive downward correction, entirely correlated with BTC. Keep it in mind!
Trade safe!