VIDT Datalink (VIDTBTC) has gone through a very painful 6 months of bear cycle.
That's over 180 days of prices moving lower...
But this can be good news, right?
In the past it has taken shorter for the bearish wave to fully complete.
We saw a bear cycle lasting 168 days from top to bottom.
We saw another cycle last only 72 days from top to bottom. We can say...
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...
