Updated
V-ID Token Faces Strong Resistance... Peaked? Support Levels
A potential peak has been hit for V-ID Token (VIDTBTC).
Looking at the long-wick down printed recent and the struggle with EMA10, it is likely that prices have peaked.
We have the next important support levels, based on Fibonacci proportions, marked on the chart.
Conditions for change
If prices move and close above the "strong resistance", the above signals become invalid.
Any trading below this level and we stay open to seeing a retrace/short-correction take place.
Thanks a lot for reading.
Namaste.
Looking at the long-wick down printed recent and the struggle with EMA10, it is likely that prices have peaked.
We have the next important support levels, based on Fibonacci proportions, marked on the chart.
Conditions for change
If prices move and close above the "strong resistance", the above signals become invalid.
Any trading below this level and we stay open to seeing a retrace/short-correction take place.
Thanks a lot for reading.
Namaste.
Note
Boom...-> The jump (hit)
-> The retrace (hit)
Enjoy the profits.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.