Descending triangle, VIDT still bullish.
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 clarified by LTO CEO that a merger will only happen IF IT BENEFITS BOTH VIDT AND LTO HODLERS. No need for worries, VIDT staking soon - 20% monthly token burn, good partnerships and use case, low maximum supply - very bullish on VIDT and we expect this to rocket to the moon very soon.
Volume is good
Still in accumulation zone, good time to buy. Been hovering around in this accumulation zone for 78 days.
Descending triangles can break upwards or downwards; but current bull market sentiment suggests upwards.
Edit: Have to throw this in. No matter what, the burn fundamentals suggest that VIDT has NO CHOICE but to moon in the future :)
Volume is good
Still in accumulation zone, good time to buy. Been hovering around in this accumulation zone for 78 days.
Descending triangles can break upwards or downwards; but current bull market sentiment suggests upwards.
Edit: Have to throw this in. No matter what, the burn fundamentals suggest that VIDT has NO CHOICE but to moon in the future :)
God.zil
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.