Now I am looking at the chart for VIDTBTC.
We have a higher low compared to Feb. 2021 and a strong bounce is starting to take place.
Here we also have higher lows on the RSI and MACD, which is a bullish signal.
Prices can potentially move higher for this altcoin trading pair.
Additional details (targets) are marked on the chart using the Fibonacci extension tool.
Conditions for change
If the low hit recently or the one hit back in Feb. is taken out, the above analysis becomes invalid and more "bleeding/red" can take place on this pairs chart.
Thanks for reading.
My regards.