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Viteanalysis

#VITE (SPOT) entry( 0.019- 0.02090) T. (0.03160) SL (0.01856)entry range ( 0.019- 0.02090) Target (0.03160) SL .4H close below (0.01856) ************************************ BINANCE:VITEUSDT #VITE #VITEUSDT #VITEUSD #swingtrade #shortterminvestment #ALTCOIN #Cryptotading #cryptoinvesting #investment ##trading #cryptocurrencytrading #bitcoininvestments #Investing_Coins #Investingcoins #Crypto_investing #Cryptoinvesting **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE **** #bitcoin #BTC #BTCUSDT
Long
by Crypto_alphabit
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