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Vite

VITEUSDT { VITE } - BULLISH SETUPANALYSIS 🔎 - VITEUSDT hit an all-time high and retraced. - Price is retesting the flip horizontal support. - There's a relatively high concentration of buyers at this zone. - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - The market is accumulating in a ranging pattern. - This is a bullish build up pattern BUY ENTRY ⬆️ - Breakout above the accumulation phase resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the accumulation phase support.
Long
by Chibuike_Odoh
6
VITEUSDTthis alt coin start a low slope descending channel which can be obviously observed in this time frame but there is nothing to worry about the power of bears are getting weaker and bulls are starting to enter such projects and shake its chart a little for their own sake, in another view we can see a famous cup and handle formation (which most of you like it and idk why :D ) and this part is forming the bottom of its handle and starts to make a pump equal to the cups depth . . . 👉This idea has the confirmation of "advanced price action" 👉For more information don't be shy and get in private chat of trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
Long
by the-crypto-analyzer
1
VITE/USDT Update!!!!! Must eye on this coin!! Good day!! Tonight, the price action lands successfully on 61% retracement. As of the moment, im going to add some bag for this coin since I'm just trading this on spot. My bias for this would be a trend reversal after landing on 61% retracement, in ADX indicator it is showing that the down trend momentum is getting weak in daily and 4 hours time frame which may strengthen our reversal bias. Let's see what would happen next, since BTC made a new ATH again. Alt season is coming, real alt season is coming. We must be prepared on coming alt season. Our total market cap reached 2.2T at this moment, so what would be the reason to be scared of? Buy when everyone is scared. Sell when everyone is greedy! :) Trade responsibly!!! :) $VITE will make 100%-150% when this reversal was successful. VITE has similar chart to NKN. NKN made 300-400% $VITE is NEXT. Lets do this!
by CryptoProfessor
2
$RIF/USDT Technical AnalysisI allocate almost 20% of my bags for RIF Ascending triangle pattern brake out for the second time, good follow up candle after the bounce from 20MA (yellow) thus, confirmation for this breakout is a must before I go for a long position. Another reason why I'm bullish for this coin is the MACD cross on 1 day time frame. I'm still looking for a good follow up candle above it's closing price. Again, trade responsibly. Trade with a plan and don't let market ruin your fund.
Long
by CryptoProfessor
2
Is VITE ready to Set up another ATH ?On a 4 hour time frame, it is clearly visible that VITE is moving in an upward trend. On a much smaller time frame we could see that VITE, after scoring a ATH close so 0.249, is now struggling to a bit. Currently it is being supported by EMA 25 and hopefully it will continue to do so. If EMA25 misses to support VITE, then we might have to be ready for a fall. Looking at the trend there are two scenarios: Scenario 1 (Red path) - VITE to bounce off from EMA 25 and then break existing ATH . If it fails to break current ETH, then we might be potentially looking at VITE forming a double top . But it is too early to say. Scenario 2 (Green path) - If EMA 25 doesn't support VIT then it can potentially break small time frame upward channel (Yellow area) and can take support on green dashed line (yet to be validated). In a way next couple of hours are crucial to determine which way is VITE heading. If you like my analysis then do send your support using LIKE button and dropping a COMMENT. Also do SHARE it with your friends. And don't forget to smash that FOLLOW button to get daily analysis on different crypto currencies. NOTE: These are my personal notes and in no way is a financial advice. Do your own research and Trade wisely.
by Manjyot