MS VITE: * Bullish dIvergence * Volume dropping fast * Price on good support * MACD slight bearish Lets see what happen...
I am new at this...Take heed. I failed at my last attempt at reading patterns. This is just a thought...not advice. Good luck.
Price action of Vite / Bitcoin is forming bullish BAT and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closed below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000148 to 0.00000143 Sell between: 0.00000159 to 0.00000176 Regards, Atif Akbar (moon333)
VITE (VITEBTC) bounced out of a new ATL that was hit in late October and later tested again in late November. This created a double bottom pattern that is not visible on this chart. This lead to a huge jump in prices that ended with the drop you see on the left in a yellow circle. A new support level has been hit and volume is starting to increase. The MACD and...
VITE/BTC VITE failed to hold the 200 Day MA as support, price is now trading just above the 0.618 Fib level. If golden support will not able to sustain in the coming days or weeks, I expect further downside to the 168 - 155 sats area where 0.786 is located.
1. bittrex sucks, they deleted some old bags i had, they were big thats my bias showing so take what i wrote on the chart with a grain of salt. 2. this could literally be bottom right now. not for me tho.
As all the alt coins are on the rise right now with BTC above 4k, VITE has easy 20% gains from here. The RSI is healthy with the consolidation levels in the middle as more accumulate. VITE is likely to have an early spring up by the end of April. The current levels I'm looking at is accumulating below .500 and selling at the next resistance being .626 for the 20%+...