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PolarHusk
Jul 31, 2020 1:59 PM

VITE/BTC (Upward Trendline Support) 

VITE / BitcoinBinance

Description

VITE/BTC

-The ascending trendline of support still valid
-But a new local resistance is located around 240 sat range
-If we can see a break above this level it would be a good sign
-For potential upside continuation
-You can either enter the breakout confirmation or retest
-The next resistance to watch is up to 300 sat or higher
-Bearish side, candle body close below trendline support will invalidate upside target
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