VITE / TetherUSLong
VITE/USDT interesting coin
Updated
Hello traders!
Hope you're killing it!
Some months without posting any idea since my last prediction of the DXY dump.
Now, it's time of VITE.
VITE, which I found some months ago, is one of the most undervaulued coins of the market. However, I waited to a clear breakout to talk about it and It happened.
So, let's talk about the chart.
On the first hand, the period which begins with the historical low on March 2020. After that, most companies experienced big gains and, indeed, VITE did. From an historical low of 0.004 to 0,037, we can englobe the first movement of the coin.
After that, VITE suffered a no volume period with a decrease of price.
Then, is where, in my opinion, starts the new bullish trend of the coin...
This NEW TREND, begans with the breakout of BINANCE ATH at 0,04 approx and rocketing to a new 0.19 USD ATH.
At the moment , the coin is retracing to a 61.8% of retracement converging with the MA9 and MA20 on daily chart. If the markets doesn't collaps on the upcoming weeks, we could see a new bullish movement with 2 clear targets:
Target 1: 0.3 USD (1.20 fibonacci extension)
Target 2: 0.5 USD (2.50 fibonacci extension)
As always, this is my personal opinion.
See you next chart!
Hope you're killing it!
Some months without posting any idea since my last prediction of the DXY dump.
Now, it's time of VITE.
VITE, which I found some months ago, is one of the most undervaulued coins of the market. However, I waited to a clear breakout to talk about it and It happened.
So, let's talk about the chart.
On the first hand, the period which begins with the historical low on March 2020. After that, most companies experienced big gains and, indeed, VITE did. From an historical low of 0.004 to 0,037, we can englobe the first movement of the coin.
After that, VITE suffered a no volume period with a decrease of price.
Then, is where, in my opinion, starts the new bullish trend of the coin...
This NEW TREND, begans with the breakout of BINANCE ATH at 0,04 approx and rocketing to a new 0.19 USD ATH.
At the moment , the coin is retracing to a 61.8% of retracement converging with the MA9 and MA20 on daily chart. If the markets doesn't collaps on the upcoming weeks, we could see a new bullish movement with 2 clear targets:
Target 1: 0.3 USD (1.20 fibonacci extension)
Target 2: 0.5 USD (2.50 fibonacci extension)
As always, this is my personal opinion.
See you next chart!
Note
Price is converging with EMA9 & MA20 on daily timefrime. It's been 20 days since the price is on a acumulation movement, which can indicate us a big next movement.Let's stay tuned for the next weeks
Note
First target almost caught. Converging with the ALTS CYRPTO MARKET IDEATrade closed: target reached
First target reachedNote
COIN has been correcting on the last days(-45%). Nothing out of normal.I'm not on the mood to predict a new ATH on the market .
Note
What a crash rigth? I'm still thinking on 0.5c
Let's see
Note
So may thoughts about this coin.Only thing i want to say:
Last time that dumped >60% it pumped a 3.000%, which, in this scenario would rocket to 3.00 USD.
obviously this only a speculation.
On the real world, we're watching the ATH and the second target at 0.5c
Note
Not crazy to think about a movement to ATH on the next week. Also, I've my eyes on 0.5c for the next monthNote
Hello traders!VITE is ready to PUMP again. The coin has launched the DAO "VUILDER" and is getting ready to launch Vite bridge. Also, the chart is giving us some priceless information, the price is on a consolidation movement. Once we broke 0.12 USD, we will see ATH again.
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