Trend Analysis: Since Feb 2023, VIDT has exhibited a consistent downtrend when paired against Bitcoin (BTC).
Recent Developments: A notable development for VIDT has been its recent inclusion in the margin trading offerings on Binance. This listing is a significant milestone and could potentially catalyze renewed interest and liquidity in VIDT's...
VIDT shows a high volume range, which means we follow it coming for confirmation if VIDT increases further
Until now the trend seems positive for this coin as most coins are into a breakdown trend.
support at 0.011, now sitting at 0.0125, dumped from 0.016... nothing drastic, while everybody is waiting for PCI report today. Whatever happens, I still expect some correction, but we shall see. DCA into it, it doesn't hurt (that much)
My Goal is still $0.022
Highly volatile channel though. buy on bottom of this channel (for example if tomorrow is another bad day then at 0.015$), sell on top (tommorow that would be 0.02$).
If Vidt breaks this channel on upper side then this is a very good sign. Else not :)
As seen in the chart, vidt datalink perfectly follows the falling channel. Last massive pump, put VIDT from bottom to the top of the channel.
VIDT had high margin rates, whales' one of play toy. But not a project to underestimate. VIDT Datalink already has numerous integrators and publishers using VIDT to secure valuable digital assets like certificates, bNFTs,...
Hi dear friends, hope you are well and welcome to the new trade setup of VIDT Datalink (VIDT) with BTC pair.
On a 4-hr time frame, VIDT has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Price could still fall to around 33 or even 24 cents if btc keeps dropping towards 30k mark.
But I am a little bit bullish at this moment. USD is super inflationary (what is bad for everyone but still).
Goals: 70 cents and then 1.4.
Long term 2$ mark (that is very optimistic).
one of the lowest mc coins on Binance
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...
1goal - 80 cents
2goal - 1 dollar
------------------------
bullish div - falling price, rising rsi
breakout from triangle
------------------------
green color - goals
red color - support
orange color - resistance
------------------------
btc is probably gonna rise eitheway, but still be carefull
VIDT on a constant downtrend. Acting like your average pump and dump coin. Project with good fundamentals but no interest from whales. LTO's little sibling.
Its struggling during this mini bull run, so I guess it should still move downside until 900 or even 500-600 sat(ish). We shall see. Resistance is orange line. Red is support.
RSI oversold on 1H,4H,1D. You can also see bullish divergence forming on 1H (price falling, rsi rising).
There are few scenarios, still highly corelated with btc price movement. Price could grow first to 60 or 80 cents and will then drop back to 0.4$ or even 0.22-0.27$ area (previous lows on binance).
Price could also drop directly to 22-27cents. Then we could...
