SWING TRADING STRATEGY
VIB/BTC is in the tip of resistence, the pair will continue the bullish if the pair can break it, the other sign is MA 100 crossed MA 200
If the pair can't break the resistence, the price will go dip again to the support below(monthly support)
Support is holding the price well. It has been clearly accumulated for 2 days. We are going to see a breakout
TP1: 215
TP2:235
After we reach 235 with high volume it may even explode to 290.
I'll keep watching this closely.
Viberate (VIBBTC) is now printing a strong recovery... Patience is key.
The drop we saw for the altcoins vs Bitcoin pairs when Bitcoin broke $10500 was just a "shakeout"...
We can tell because the altcoins are recovering while printing massive strength.
VIBBTC is one of those altcoins that are growing strong.
The uptrend is now resuming and you can see here...
We need to wait and see if:
1. Chart breaks the descending triangle: BUY
2. Falls below support after confirmation: SELL
Buy2 and green robo cloud say that we can buy.
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PAIR: VIB/BTC
T/F: 1 HOUR
LENGTH: MEDIUM/LONG
ENTRY: 175
TP1: 184
TP2: 192
TP3: 221
TP4: 245
TP5: 282
TP6: 319
SL: 165
NOTES:
- Key resistance flipped
- 3 support rejection candles
- Strong support
- Breakout, pullback and holding...
#VIBBTC
looks bullish for entry!
Price at this moment : 0.00000180
Entry
1⃣ 0.00000175
2⃣ 0.00000170
Targes:
0.00000201 - 217 - 236 - 275 - 301 - 320
if price manage to break 320 we can expect fire work!!
Stoploss: 0.00000152
We have bear div at the top of the pump and seem to be forming a bullish cypher pattern on Daily (reference my weekly chart for bigger pic view). We need to hold support on green lines and NOT close a candle below the 2nd one to maintain bullishness for the big picture.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
READ WHOLE DESCRIPTION, DO NOT FOMO! I will add additional details
Suggestions for move up:
1. We formed a giant bullish butterfly which led to pump, we tested it's lower fib resistances and did a significant retrace to fuel for the next pump
2. There is Bull Div on significant TFs
3. We seem to be in the midst of a bearish shark pattern leg up
