Vine/TetherUpdated VINE Looks Bearish (2H)
We previously provided a bullish analysis of VINE, but it failed. However, we had warned that this meme coin was risky and had already seen significant gains.
Now, the structure has turned bearish. It is currently moving orders downward toward the green zone.
Successive order blocks are forming, and the price has created a bearish CH.
As long as the lower supply is maintained, the price may continue moving toward the green box.
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Now, the structure has turned bearish. It is currently moving orders downward toward the green zone.
Successive order blocks are forming, and the price has created a bearish CH.
As long as the lower supply is maintained, the price may continue moving toward the green box.
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
The VINE pair followed the analysis and dropped more than 41%, losing its value.
If the price reaches the optimized zone, you can look for buy/long setups on VINE.
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Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.