Viberate
Viberate Coin Short Term ViewViberate has formed a double bottom at $0.068, with the last bounce occurred just yesterday. Price then went up by 11% and has reached the $0.075 high, where it has rejected the 23.6% Fibonacci retracement level, along with the 200 Moving Average.
It seems that $0.075 is a strong level of resistance, and in order for VIB/USD to move high, price has to break and close above it. When/if that happens, VIB is likely to move up, towards the key resistance at $0.087, that is confirmed 61.8% Fibonacci retracement level.
If the $0.087 resistance is broken, this could be the confirmation of the beginning of the uptrend, after which volume and volatility might increase substantially.
But, if resistance will hold, further price decline becomes more likely and could send Viberate down, potentially towards the $0.068 support, or even lower.
VIBBTC BITTREXVIB was my favorite coin to trade for a long time before this recent dip. It seems now like it has found the bottom and started to rally.
An inverse head & shoulders pattern, followed by what looks to be a possible Elliot wave pattern now forming.
If this support at 1243 holds, we may see a bounce up to retest the weekly downtrend line and the weekly resistance which is just above the trend.
Looking for a bullish engulfing off this support level for confirmation.
VIB - Viberate - Looks Ready to RunLooking at the 4hr chart you can see there has been some accumulation going on for over a week while all the indicators have been gaining some nice momentum.
My trading strategy on Binance as posted in my Discord:
bit.ly
VIB - Vibernate on Binance and Bittrex
Buy up to 1800
T1: 1978 10% profit potential
T2: 2160 20% profit potential
T3: 2340 30% profit potential
SL: 1530
Daily Volume: 168 BTC
Rating: :star: :star: :star:
Viberate VS Bitcoin Near Psychological SupportOn the 24th of June, Viberate hit the low at 1080 satoshis. This is the 127.2% Fibonacci retracement level applied to the previous corrective wave up. At the same time this is the area of the key psychological support, that is 1000 satoshis.
Technically speaking, it might be a very attractive price for buyers, which could result in a trend reversal or a correctional move upwards against the Bitcoin. If daily close will remain above 1k satoshis, price could easily reach the strong resistance at 1615 satoshis, which previously was the key support. The confirmation could be daily break and close the 1260 satoshis resistance, where the descending channel has been rejected.
On the other hand, if VIB/BTC stays below the 1260 resistance and break to the new lows, the downtrend continuation could take place and the bullish outlook would be invalidated.
VIBEBTC possible LONG opportunuty !Hey friends, Looks like the crypto world is dead but you can still get profit from a dipped coin with waiting.
VIBEBTC is dipped with the 4H chart, RSI is at 13.
Instructions;
Greenline: Buy area
Redline: Stoploss area
Blueline: Resistance and sell areas.
This is not an investment advice, Please trade at your own risk.
Thank you.
VIBBTC UPDATEVIB has double bottomed and broken out of its downtrend. I've got a buy order set looking for the retest of the bottom support.
Hopefully BTC behaves and we see a good push up from here.
VIBBTC BITTREXI have been out of VIB for a while now but have been watching it looking for my next entry.
It has pushed right up into the corner of this short term downtrend and is sitting right on a 4 hr support. If this doesn't hold here we may see it drop down to retest some lower support at around 1650 sats. If this support holds we may see a break in the downtrend which will see me entering on confirmation of a break of trend and most like will wait for the pullback.
All Systems Go for Viberate?Viberate (VIB) looks like it is ready to run up. My first target is 2700 sats followed by 3700. This trade is a swing trade where the timeframe is up to 4 weeks. An entry here is risky; however, it is possible to set lower buy orders at the daily support around 1500 sats. A riskier long entry could be warranted should we break the 4 hour resistance at 2250 and close above that level. Ultimately much of this trade does depend on the success of btc over the next few weeks but this coin looks ready to go.
VIBBTC BITTREX UPDATEVIB has held the support level at 2200 sats again and is now heading back up to retest 2395. I am looking for a close above this area before entering, as the price has been rejected here before. A close above 2395 will see me enter and looking to take profit at previous structure. Roughly 11% gain.
Watching closely!
VIBBTC BITTREX UPDATEVIB yet again showing me why it is my fav coin to trade. Another good gain last night/this morning for a 13% profit taken. It is now retracing sharply again and nearing my buy zone. Will be watching closely when it enters this purple area. Starting around the 61.8% fib level.
VIBBTC BITTREX UPDATEVIB exceeded my expectations as it usually does but thankfully now has started to retrace. Currently hovering around a 4 hr support at 2550 sats, which is just above the 38.2 fib.
I am still looking for entry at my original targets which were 2350 and 2200 levels, which match up nearly perfectly to the 50 and 61.8 fib levels.
Watching closely over the next few candles.
VIBBTC SHORTVib has broke out of the channel it has been in for some time. It has also opened and moved below a key 4 hr support. If we get a close below 2199 then i will be shorting my position and looking to reenter at a lower price. Target may be around the 2015 mark.
VIBBTCVIB is probably my favourite coin to trade. It has been very good to me, respects the TA and has great potential for steady gains.
It has now broken through the 4 hr resistance (now support) at 2197 and is continuing to head up slowly following the up trend line.
Next major resistance at 2551.
Viberate steady gainsVIBBTC has been performing really well for me in the previous channel it was in. Increased bag size all the way up then held through the breakout. Seems like it is respecting the trend line which was the top of the previous channel. Watching and trading this closely!
VIBBTC: SYMMETRICAL TRIANGLEHello friends,
Viberate formed a Symmetrical triangle. It is a Billateral pattern, so we will see a breakout or a breakdown soon. In my opinion we will most likely see a breakout, because most of the alts are in a very good spot right now. I bought VIB a bit cheaper, so I have some margin for my stoploss (being able to avoid a big loss in case we see a breakdown).
TIP: Don't FOMO, even when the chart looks good.
Happy trading!
- THIS IS NOT FINANCIAL ADVICE -
Short term call on VIBLooking at the volume bars, I foresee some more action in the coming days. People are chasing some chances in this bear market we're in at the moment. I had my eye on VIB earlier when it was falling out after that huge increasement at the beginning of March. This is an investment, where I again aim for 10% profit. Just put a buy order just above 0.00030000 ETH, aiming to sell it at 0.00033000. I will hold the coin for 24 hours, or of course my sell order gets processed if this is earlier.
We have a safe support trend of again up to 10%. I would rate this investment as a moderate risky one, with a possibility for a nice return. My strategy is based on chasing 5-10% gains on every investment.
Recent developments are the partnership Viberate announced with Paradigm, the biggest talent agency in Miami. This was announced on their Twitter account (twitter.com) on 17 March, whereafter the upwards trend went stronger.
Please comment if you follow me on this call, and how it ended up.
