Well, its still working out near exactly to how I've had it laid out since February. I haven't made any changes to this. So, if it works out the way it looks, the buy-in range still hasn't changed. This re-trace makes sense as most have had a retrace like this but VEN has been pretty resilient due to news, node lockups, and a quite large following. If we get a bit...
Nano never really had a good exchange during the last run, and once it hit Binance...the market was ready (and already starting) to fall from Dec/Jan highs. Nano just released their roadmap and is one of the few cryptocurrencies that could be listed as a pure currency coin. Is 2018 the year of Nano?
BOLD!..and a low chance...but I say, "So there is a chance?".
Well, how bout that. With the X node lock on March 20, I expect the price to come down from there...though, anything is possible depending on BTC performance.
Much depends on today's candle. If we end up closing under the trend-line today, I think it will break to 6k. If we buoy back up, we could continue the uptrend that seems to culminate on April 1st. $BTC
After the news sell on Monday, VEN corrected to strong support ~0.0045060. From here, it should catch its longer term trend line and bounce off of strong support and resistance for a few days (probably through next Monday) of accumulation till moving up.