Breaking resistance line in this bull trend should be obligatory. Especially for a coin that has been one of the rare ones that slept during all season. Especially for a coin that was acquired by LTO Network and is having a real life value. Will this project that is suffering from erectile disfunction finally stand out?
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't...
This coin with supper great fundamentals, acquired by LTO NETWORK, really did not have a great bull season. We could say it was bull resistant :) But is its time finally upon us. Today LTO had very good day, shall VIDT follow? Goal is not modest, but it is only result I am satisfied with. Great for long term hodl.
We have a nice formation between the 6-14 Feb., we can see a reversal pattern taking place. We have a Doji at the bottom of the trend. We have very strong volume coming in. 5 Green consecutive days. Bullish RSI. Prices trading above EMA10 and EMA21. These signals are pointing to the end of the consolidation phase. A few more days and we should see VIDTBTC print...
We have seen down & down since its listed on binance , I think its ready to pop . buy some & hold for a few weeks.
VIDT has been disappointment these weeks since all alts have been booming. But not vidt. oversold 1h 4h 1d 1w. Most probable scenario is that it will bounce up from this levels. Long term hold recommended. Enjoy
$VIDT If manages to cross over ~2k sats, it may get some momentum to the upside... UCTS Buy flashing on the daily (closes on 15 min) #VIDT
VIDTBTC is now in consolidation mode with a bullish bias. The bullish bias is based on recent higher lows and a bullish RSI. Also, its price recently closed above EMA10/21. The consolidation phase can continue for days or weeks before prices move higher. Above the consolidation box, we go GREEN. Below it, we go RED... Pretty simple. 😊 Namaste.
VIDT confirmed a 4hr trend reversal/breakout with a nice little breakout on volume as well. 4:1 RR on a long up to Chaos PRZ (4.669), confluent with the .618 retrace. Trading the range on this one into Feb.
** Not financial advisor, only playing around and learning.
VIDT is probably one of the coins with the best tokeneconomics (tokenomics). Besides LTO is one of the currencies that has best fundamentals in whole cryptocurrency world. For now it's probably going to 0.00002500 btc/coin. if it breaches that level ... This one is also long time hodl coin.
** Not financial advisor, only playing around and learning.
So far so good for VIDTBTC. Consolidation is taking place and prices are now above EMA10... This is basically the same chart we had back on December 28. See it here: All I can add is that patience is key . It can take longer than what we think for prices to increase, but when it takes off the growth tends to be big. Namaste.