After reaching 3700 satoshis high, VibeHub established the downtrend, breaking below the ascending channel followed by the uptrend trendline breakout. Fibonacci applied to the corrective wave up after each breakout shows that VIBE/BTC reached the support level at 1500 satohis after which price went sharply up.
VibeHub broke above the short-term downtrend trendline, but it rejected the longer-term trendline. In order for the price to start a correctional wave up or perhaps to establish an uptrend, it has to break and close above the recent high, that is 1756 satoshis.
But if Vibe stays below that resistance and breaks lower than the recently established low, then the downtrend continuation could take place. To summarize, it is important to watch the break above 1756 or break below 1480 satoshis, that should shed some light about further price direction.
Been buying Vibe since 1900 to 1700 to 1500. Looking to triple my money!
Victorwu88
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@dnlamanh, how about now? still think you gonna triple your money? I lost my confidence in vibe
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dnlamanh
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@Victorwu88, bought more at 1300, waiting for 1100 one more time. When you lost confidence is when they will pump it. Remember Vibe x2 in a few hours it published the multi million $ deal? We will touch 3000 this year bro. Just set the sell limit and forget about it.