Updated Vibe/Btc Platform Release Idea Bulls Need 2 Step in Soon
Updated
Bitcoin is currently surviving and same can be said for vibe, vibe is hanging tight near 30 RSI on the daily. Bears are under pressure if they can't get vibe below 1400 satoshi, bulls should step in and get the platform pump rolling within the next few days. Having said that if vibe breaks 1400 satoshi, i will be taking 50 percent of my position out of vibe, lower lows is never a good sign especially on the month of their major news #Platform Release rolled out to computers, ipads, smartphones, Virtual Reality Headsets, etc. I'm more bullish than bearish in the short term, let's see what happens.
Strategy
Current price right at 1500, Tight stop loss @ 1400
If 1400 breaks, derisk 50 percent position, reenter above psychological support @ 1000 between 1000-1050 satoshi.
Strategy
Current price right at 1500, Tight stop loss @ 1400
If 1400 breaks, derisk 50 percent position, reenter above psychological support @ 1000 between 1000-1050 satoshi.
Note
For the 1400 area, I only plan to derisk if we get a 4 hour candle or daily candle close below 1400. Not if we just drop under and wick back up above it.
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