Riding the Bullish Divergence in #VIDUSDT💎The VIDUSDT 3-day chart is showing a promising bullish divergence formation on the MACD indicator. While the price currently sits below a minor downtrend trendline, a decisive daily break and close above this level could set the stage for a potential upward move. 📊🚀
💎In the event of an upside breakout, we anticipate a rapid price increase for #VIDUSDT, with a potential target towards the top of the triangle pattern and the previous demand zone. This would be a significant milestone for VID. 🔝💰
💎However, it's important to consider alternative scenarios as well. A break below the triangle pattern could give more strength to the bears and potentially lead to a continuation of the downtrend. It's crucial to monitor the price action closely for any signs of a decisive breakout or breakdown. ⚠️🔍
As the market evolves, our team will provide you with timely updates and valuable insights on #VIDUSDT. Stay informed and prepared for potential trading opportunities! 💼🔥
VID
VIDUSDTSet alerts on this one. Preferable support zone bounce entry.
Oscillators in the sweet spot on 15min chart.
Good luck traders!
VID Video Coin, maybe a good place to enter?If it's done cooling off, may have a nice future. Let's see how this plays out!
VideoCoin Project Overview + Chart AnalysisAbout VideoCoin (VID)
The VideoCoin Network is a decentralized video platform that is redefining the process of creating, storing and distributing video content.
Source: videocoin.io
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This chart here is pretty simple, we are looking at the VIDBTC (VideoCoin) pair.
After March's bullish wave prices retraced to 0.618 Fib. retracement support and started to bounce.
Now we have a strong green candle, bullish indicators, and prices moving above MA200... These signals are strong and signal UP/GREEN.
The targets are marked on the chart.
Additional targets can be found if you zoom out.
Make sure to hit LIKE for more trade ideas like this one.
Namaste.