ThuTaNaing

VIBE Long based on tmr news

Long
ThuTaNaing Updated   
BINANCE:VIBEBTC   None
My expectation of tmr breakout will be VIBE. I love it due to its realistic holograms, integrated with Virtual Reality which are the core aspects of the IT revolution. With the use of VIBE currency, U can buy and purchase concerts, educational lessons, and even involved in dating based on Virtual Reality.

Involving with the partnerships with great companies like Microsoft, Samsung, Unity (Game Engine), Amazon AWS etc. is a great sign to invest for long-term investors.

I called it tmr breakout for VIBE coz The first VIBEHUB performance show will be sold on Oculus store tmr which can only be bough by VIBE currency. The performance artist will be Planet Asia. As a result, the demand for VIBE currency will rise tmr which signals a possible breakout for VIBE. :-)

(tmr event: medium.com/@VIBEHUBN...ber-15th-89a20d294fc)

Ok, lets look at the chart from technical analysis.
The 1st target will be @0.00023739 which will be the first resistance line for the vibe breakout. However, its a short term target.

The 2nd target will be @0.00035099 (1.618 Fib ratio),
The 3rd target will be @0.00053480 (2.618 Fib ratio),
The 4th target will be @0.0007182 (3.618 Fib ratio).

According to Elliot Wave Theory, the coming wave 3 will reach up to 4th target which is 0.0007182. Thus, for long term, I would suggest selling @4th target price. Also look at the Volume Indicator (Green vol), it becomes stronger and stronger, showing a possible breakout!!

Good luck traders!! Thanks :-)
#VIBE #Techncial Analysis
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