ANALYSIS 🔎
- VIDT/USDT is on an uptrend supported by the ascending trendline support.
The market hit a swing high and retraced.
- Price retesting the ascending trendline support and the key fibonacci retracement zone.
- There is a relatively high concentration of buyers at that zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout...
If you've invested in $vidt at 1.8 dollars... then yesterday you probably shat your pants. During 9 days it dropped for more than 75 percent. (whole bear market condensed in few days). I would say, there is no reason to sell your vidt now. You are already fucked. If you've bought the dip, then you are lucky bastard (I am). Vidt is still a great project, European...
We either continue following an ascending triangle pattern or break down into a falling wedge. Both bullish patterns. I would like to see us stay above the dotted trend line and continue our upward trajectory📈🤝
Given how bullish we all are on VIDT, I think it's safe to say we can expect an upwards breakout from this descending triangle considering we are in a bull market and a lot of other coins are running. If you follow VIDT closely, you may have become aware of recent FUD regarding a potential token merger between LTO and VIDT in the future. It has already been...
chart explains it pretty much.
but all oscillator are indicating bullish signs and i think it will do another 'scam pump' since it has very low volume
don't hesitate to leave me a suggestion for a future TA down in the comments thanks !
Be safe guys ! :D
