VIDT has made another HIGHER LOW and will crack the resistance!VIDT has made another HIGHER LOW at 1200 and will crack the resistance! It had Tested some times already, which means that a breakthrough is possible.
VIDTBTC
V-ID Token Chart UpdateHere we have the same chart we looked at in the past for V-ID Token (VIDTBTC), the path remains the same.
Now that support has been broken, MA200/EMA200, EMA50/EMA100, we can call this same level resistance.
Now that prices moved below the resistance, we follow the second green arrow.
We expect additional mixed-consolidation until prices finally start to increase and jump back up.
We only switch from bullish to bearish if prices drop below the last low.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
V-ID Token Round 2 (Chart Fully Mapped)Here we have the second round for V-ID Token (VIDTBTC). The gains generated since our last analysis was removed but the chart is pointing towards more growth.
VIDTBTC is now testing "strong support", this is marked by a confluence of multiple moving averages and also a Fib. level.
Prices moved below the 0.786 Fib. retracement support relative to the Feb. bullish wave, this is an important level.
When VIDTBTC moves above this level, 0.00001231, we can see a quick 70% jump plus additional growth in the weeks that follow.
I wouldn't worry much about the bearish scenario since this chart is bullish, but make sure to have a plan/strategy and use a stop-loss if you decide to trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
