#VIRTUALUSDT - Head and Shoulders Formation and Targets! Hey there, everyone! Next up, we’re looking at the position for #VIRTUALUSDT. When I combine the volume and RSI components and consider the price being very close to the trendline (with a small breakout on lower timeframes), I’m expecting an Inverse Head and Shoulders formation.
The exact targets will change depending on the breakout confirmation level, but I’ve tried to provide approximate targets in this analysis.
Wishing you all a green-filled day with my best wishes. 🌱
What do you think about my analysis? Drop your thoughts in the comments and let’s discuss!
#AlyAnaliz #TradeSmart #CryptoVision #VIRTUALUSDT
Virtualusdtlong
FET vs Virtual? What you choose?Now stances marked is short, for you not to short and buy these coins at a more discounted rate and for others, who holds, may average, FOMO's may buy 35% and buy at more down levels below.
As you can see in the following chart of FET/USDT (Monthly) Halted 2 months on 50 SMA for a smooth up reversal, though this is not the only thing you shall look for, but among all those its a dataset to look upon.
Quite obvious to know that if FET/USDT moves, it needs time to ripe and then move.
For shorts, or scalpers direction is marked. You won't expect how the market turns table out.
I am expecting this in for FETUSDT
Coming to VIRTUAL - The Chart marked are something to be seen and is quite interesting
Have a look at this above charts. Weekly shows nothing much but yeah, ive seen this pattern, it traps buyers a lot from this point, retracing down 32% from the CMP, but theres a catch!
How can you plan your buys? Just look at the chart. The green line is a major magnet to attract the price to top, averting momentum for shorters, see the small initial dips i have marked, retracing to the tops and back and again falling, So my ideal idea is you may cmp 35% at the small dips and major buys at the 0.91 levels.
Expecting same 75% retracement on this as well.
Pardon me, the chart i shall had zoomed, but i missed it!!