FibonaccIvo

VEN: just an idea...

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BINANCE:VENBTC   None
https://www.tradingview.com/chart/BhUgJjBN/

Just recently started charting, so this is just an idea I have and definitely not advice in any way.

- close to what I think is the support trend line (green)
- RSI completely oversold (20). Also seems to have reached/touched the bottom trendline I drew on the RSI (if that says anything)
- tested and didn't break the previous low (horizontal red line) for several times now; possible support?

Possible bounce from here? Or are we going to the .786 Fib?


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