bvivolo

VIBE Will Bounce Off Tested Floor

bvivolo Updated   
BINANCE:VIBEBTC   None
VIBE was in a downtrend with a solid roof and just hit a low that was previously tested a total of 4 times. Because this floor has been tested multiple times, and it is an all-time-low price in the altcoin's trading history, I believe it will break through the upper trendline and begin a strong uptrend.
Comment:
I must add that the exact price prediction and timeframe are arbitrary except to highlight the first fibonacci retracement level.
Trade closed: stop reached:
The market apparently disagreed with that hard floor. We will have to wait and see what happens after this dip and quick bounce.
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