A new wave of VIB growthToday, another opportunity has formed for vib, which once again showed the best dynamics in January with a breakdown of 90%+. The year for the token opened quite positively above 0.0975, which gives a signal to consolidate above 0.01 in the future. The last impulse was given by the collapse of the last peaks, which gives a signal for at least a retest of strong resistance at 0.105, consolidation above which ensures an increase in volatility up to 0.15-25, especially considering the strong signal for a collapse left before the new year. At the moment, the price has traded near the long-term support of 0.055-625, a hike below which is likely only in the case of serious force majeure with a drop in ether by 1500-1750, bitcoin by 75k, or the assignment of the monitoring tag to the token (I expect the next tag changes in early April).
Given the successful opening of the second half of the quarter above the interim support at 0.06 and the time reserve before the possible assignment of the tag, there is a high probability of a repeat attempt to reverse the quarter. It is highly likely that we will see a strong resistance test at 0.075 by the end of the week with a likely breakdown, given the significantly higher final targets. If a new week opens above 0.075, there is a chance of stable support for purchases with breakouts at 0.0925, 0.105 and higher. To date, the token is the most oversold on binance and has the greatest growth potential of up to 100%+ among coins without the monitoring tag. There is also a possibility of adding futures, in which case growth up to 0.25 will not take long. In case of a fall below the 0.0550-625 support, a return to the retest of this resistance up to 0.075 is almost guaranteed, given the current oversold conditions, which makes investments quite reliable.
At the moment, the token is well suited for storing funds in an average amount along with og uft pda vidt.
Vidt
Resumption of sales on the market before the end of the monthTo date, the market has passed an important boundary in the middle of the quarter, and therefore it is time to make another review of the prospects. Unfortunately, with a good opening of the year, there continues to be a deterrence of purchases in the market and the maintenance of the medium-term correction that has begun. The previous plan worked out according to the least volatile scenario with an increase in purchases only by the middle of the quarter. However, the activity of buyers was not enough even to open the second half of the quarter above 2750. Large investors are selective with investments and are in no hurry. With this picture, the probability of holding sales until the end of this month prevails, but the opening level of the quarter will play a role in the new monthly candle, on the basis of which I expect a good bull run on altcoins for the retest of the opening of the year along with ether aimed at 3250+.
There is no obvious sales signal, so I think the flat will remain quite technical. This week, I expect purchases to remain until the weekly candle closes. In the first days of the new week, it is also likely that purchases will continue based on the inertia of the current week, but from Tuesday to Wednesday, the probability of resuming sales to draw the second bottom on the daily chart around 2600 AETHER and resuming purchases as we approach the new month prevails. The main task of the bulls will be to keep the price above 2500 until the end of the month, which will be enough to turn the quarter around. There is still a possibility of a smooth release of ether above 3000 this month, however, the probability of this at the current opening of the second half of the month is rather weak in my opinion. Significant factors with a sharp drop in the dollar should contribute to this.
With the current picture of coins showing good growth, the probability of a pullback to the second bottom from the nearest resistances prevails. In particular, for alpaca from 0.175-190 or for OG from 4.75-90. Also, the probability of a pullback prevails for combo and slf, which is likely to make it possible to re-borrow more profitably with further higher levels in the medium term.
First of all, in the remaining time until the middle of the new week, I am considering coins that have not yet shown good growth, such as vib uft pda vidt ast with possible breakouts of up to 50%+ in the coming days. I can also show growth impulses for coins with the monitoring tag, which often give growth last on weekends. The most oversold among them are vite troy amb cream.
Stable purchases on OGFollowing the alpaca testing, OG is ready to give a similar picture with an attempt to overtake the previous impulse. The previous impulse has already rechecked the opening level of the year with a local overlap, which opens the way for a test of levels 6 and 7.5. With the current market and the continuing likelihood of a new general drawdown, we are unlikely to see a hike above 6 on the first attempt. On the eve of passing through the middle of the quarter in the next two or three days, there is a high probability of a breakdown attempt of 5 with a stable continuation of the trend until the end of the month. With a more negative market, the volatility of the token may not be sufficient for a breakdown, in which case the probability of smooth growth prevails until the end of the month with a chance to open a new monthly candle above 5.
In the medium term, the token remains a reliable tool for storing funds, as the year opened above the 4.75 support near the key level for volatility growth of 5. Such an opening gives a flat signal for a retest of loyals due to an opening below 5, but also an exit to the 5-7.5 range in the medium term due to an opening above 4.75. Full-time support for a reversal With the current market, it is 3.5, from which there is a probability of a trend up to 7.5+ before the summer. There is a possibility of a test of a lower level of 2.5, but this will happen only in an extremely negative market with a drawdown of bitcoin by 75k or ether by 1500-1750. In this scenario, the token is likely to remain fairly stable and will give a smaller drawdown relative to the rest of the altcoin market, providing an excellent opportunity for topping up.
Along with og, vidt vib PDAs occupy an interesting position, which I primarily consider for storing funds in the mid-range due to the opening of the annual candle above key levels, which gives a signal for its bullish reversal in the future. The main goal for them, similar to alpaca and og, is so far a retest of the opening of the year followed by a rollback.
I am also considering uft wing slf burger ast quick pivx for scalping with a continuing growth potential of up to 30-50%.
Coins with the tag monitoring vite hard cream amb troy with a growth potential of up to 100%+ also retain a high potential for breakouts. Let me remind you that when working with these assets, I recommend keeping a short stop under the price in the first half of the week until noon to insure against delisting, or to hire them from the middle of the week.
UFT are preparing for a trend reversalFollowing the alpaca testing, OG is ready to give a similar picture with an attempt to overtake the previous impulse. The previous impulse has already rechecked the opening level of the year with a local overlap, which opens the way for a test of levels 6 and 7.5. With the current market and the continuing likelihood of a new general drawdown, we are unlikely to see a hike above 6 on the first attempt. On the eve of passing through the middle of the quarter in the next two or three days, there is a high probability of a breakdown attempt of 5 with a stable continuation of the trend until the end of the month. With a more negative market, the volatility of the token may not be sufficient for a breakdown, in which case the probability of smooth growth prevails until the end of the month with a chance to open a new monthly candle above 5.
In the medium term, the token remains a reliable tool for storing funds, as the year opened above the 4.75 support near the key level for volatility growth of 5. Such an opening gives a flat signal for a retest of loyals due to an opening below 5, but also an exit to the 5-7.5 range in the medium term due to an opening above 4.75. Full-time support for a reversal With the current market, it is 3.5, from which there is a probability of a trend up to 7.5+ before the summer. There is a possibility of a test of a lower level of 2.5, but this will happen only in an extremely negative market with a drawdown of bitcoin by 75k or ether by 1500-1750. In this scenario, the token is likely to remain fairly stable and will give a smaller drawdown relative to the rest of the altcoin market, providing an excellent opportunity for topping up.
Along with og, vidt vib PDAs occupy an interesting position, which I primarily consider for storing funds in the mid-range due to the opening of the annual candle above key levels, which gives a signal for its bullish reversal in the future. The main goal for them, similar to alpaca and og, is so far a retest of the opening of the year followed by a rollback.
I am also considering uft wing slf burger ast quick pivx for scalping with a continuing growth potential of up to 30-50%.
Coins with the tag monitoring vite hard cream amb troy with a growth potential of up to 100%+ also retain a high potential for breakouts. Let me remind you that when working with these assets, I recommend keeping a short stop under the price in the first half of the week until noon to insure against delisting, or to hire them from the middle of the week.
Pullback to the second bottom on ALPACAAs we approach the middle of the quarter, there is an increase in purchases of altcoins, in preparation for which I recommended purchases in the second half of last week. To date, I have pleasantly shown the alpaca token, on the example of which I want to consider further scenarios for the development of events.
The token has opened an annual candle above the key level of 0.15, which gives a signal for a hike to the levels 0.25-35-50 . However, the market has been overbought since last year and there is still a possibility of further drawdown of the tops up to 75k and below for bitcoin. In this regard, a reliable scenario for altcoins is so far only a retest of the opening of the year with a further pullback to draw the second bottom, from where we can expect a more confident trend towards a reversal of the annual candle. In particular, for alpaca, the probability of a rollback prevails with an attempt to reverse the month again before closing the monthly candle. If a new monthly candle opens below 0.15 and, moreover, 0.14, growth may linger until the second half of March.
Today, a more interesting position is occupied by og vidt vib PDAs, which I primarily consider for storing funds in the mid-range due to the opening of the annual candle above key levels, which gives a signal for its bullish reversal in the future. The main goal for them, similar to alpaca, so far is a retest of the opening of the year followed by a rollback.
I am also considering uft wing slf burger ast quick pivx for scalping with a continuing growth potential of up to 30-50%.
Coins with the tag monitoring vite hard cream amb troy with a growth potential of up to 100%+ also retain a high potential for breakouts. Let me remind you that when working with these assets, I recommend keeping a short stop under the price in the first half of the week until noon to insure against delisting, or to hire them from the middle of the week.
Preparing for powerful purchases at the turn of the quarterTo date, the market has come to a new opportunity for purchases and another market review. For the bear market, the pullback on the last monthly candle worked well, vib cream og troy performed well with growth impulses up to 30%+. However, as I emphasized, we still have the potential to go to 75k in bitcoin and below, and therefore we continue to catch only pullbacks on large charts against the bear market. I still recommend carefully weighing the top-up for large-cap coins, as such assets may continue to fall until the fall.
In the coming week, we are approaching the key bifurcation point – the middle of the quarter. There is still time before this day for the bears to attack, however, the opening of the month on ether above 3250 is likely to compensate for the attempt of a new loy test in the new week. Due to this picture, there is a fairly high probability of a pullback and an attempt to change the trend today. If the successful extinguishing of sales continues, we can expect an exit to 3100 on ether by the end of the week and in the case of opening a new weekly candle above 3000-3100, continued purchases with the aim of turning the monthly candle into a bullish one. In a more negative scenario, customer activity will remain rather weak with an increase in purchases as we approach the middle of the quarter. In this case, at the beginning of the week, there is a possibility of new sales attempts on the 2600 retest with an increase in purchases from the middle of the week.
Depending on the opening of the second half of the quarter above / below 3250, it will be possible to make a forecast about the further movement of the market.
To date, ether has tested the main medium-term support of 2500, for a fall below which there are no arguments yet when bitcoin is held above 90k, the euro above 1.025 and wti oil above 70. If one of the assets goes below one, there will be a risk of the alt market sinking to an additional 30-40% from current levels. At the moment, the probability of holding these assets above the levels with a gradual reversal of the altcoin market and attempts to turn the quarterly candle into a bullish one for individual coins prevails. That is, in the second half of the quarter, there is a probability of a large bull run with coin impulses up to 100%+.
To date, coins such as vib og alpaca pda vidt have reached the medium-term bottom, which I primarily consider for storing funds in the medium term and additional scalping. In case of market disruptions, drawdowns of no more than 20-25% are likely when tested with ether 2500-2600. The growth potential for these coins is to exceed the opening level of this month with an increase of up to 50% in the short term and a reversal of annual candles in the medium term with an increase of up to 100%+. We also reached powerful supports for uft wing combo slf quick pivx ast, which can slide to 30-35% lower in the event of ether disruptions, but they also look good in the mid-range with a growth potential of up to 70%+ in the event of a bullish reversal of the annual candle in the future.
Coins with the monitoring tag are still the most oversold. Among them, vite stands out, which gave good breakouts at every opportunity. The growth potential remains up to 0.021-25, which can give up to 300% profit. Cream troy amb hard remains in an extremely oversold position with a growth potential of up to 100%+. Troy stands out strongly, which, unlike cream, did not retest the drop level by 0.0031-35, this rebound can bring up to 150%+.
Let me remind you that coins with the monitoring tag are subject to the threat of delisting, which most often occur in the first half of the week, and therefore it is worth keeping short stops at the current price at the beginning of the week or taking assets into operation in the second half of the week.
VIDTUSDT %180 DAILY VOLUME SPIKE! - Potential Downtrend Ahead!VIDTUSDT Analysis Potential Downtrend Ahead
Bad days might be on the horizon for VIDTUSDT. The price is approaching critical levels, and caution is key.
Highlights:
Key Levels: If the price reaches these zones, I’ll shift focus to lower time frames for potential short setups.
Market Structure: I’ll specifically look for downward market structure breaks to confirm the bearish sentiment.
Risk Management: Always prioritize risk management when trading such scenarios.
Key Observations:
"When price enters these levels, I will monitor for lower time frame market structure breaks supported by volume profile and CDV before considering any trades."
Stay sharp, and let’s see how this setup evolves! 📉
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
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VIDTUSDT: The Tipping Point Every Trader Is Watching - VIDT DAO◳◱ On the BINANCE:VIDTUSDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.04192 | 0.05218 | 0.06923 and support near 0.02487 | 0.01808 | 0.00103. Entering trades at 0.03207 could be strategic, aiming for the next resistance level.
◰◲ General Information :
▣ Name: VIDT DAO
▣ Rank: 1044
▣ Exchanges: Binance, Kucoin, Mexc
▣ Category / Sector: N/A
▣ Overview: VIDT DAO project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Current Price: 0.03207 ₮
▣ 24H Volume: 2,649,650.101 ₮
▣ 24H Change: 0.564%
▣ Weekly Change: N/A%
▣ Monthly Change: N/A%
▣ Quarterly Change: N/A%
◲◰ Pivot Points :
▣ Resistance Level: 0.04192 | 0.05218 | 0.06923
▣ Support Level: 0.02487 | 0.01808 | 0.00103
◱◳ Indicator Recommendations :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Summary of Technical Indicators : SELL
◲◰ Sharpe Ratios :
▣ Last 30 Days: N/A
▣ Last 90 Days: N/A
▣ Last Year: N/A
▣ Last 3 Years: 1.77
◲◰ Volatility Analysis :
▣ Last 30 Days: N/A
▣ Last 90 Days: N/A
▣ Last Year: N/A
▣ Last 3 Years: 2.17
◳◰ Market Sentiment :
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth BINANCE:VIDTUSDT analysis available at TradingView TA Page
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◲ Disclaimer : Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
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VIDT/USDT: Momentum Building for a Breakout
VIDT/USDT is approaching a pivotal moment, hovering near a key trendline resistance. The current structure indicates increasing pressure, suggesting that a decisive move could be on the horizon. The price action and momentum are worth monitoring closely as we await confirmation of the breakout.
Key insights:
- Trendline resistance is being tested, and a successful breakout could pave the way for a significant bullish move.
- Indicators like RSI and MACD hint at strengthening momentum, aligning with the potential for a breakout.
- Volume will play a critical role in validating the move.
Tips for trading this setup:
- Wait for a confirmed breakout with a 4H or daily candle closing above the trendline.
- A retest of the breakout zone as support can offer a safer entry point.
- Monitor trading volume for a noticeable spike, as it often confirms the breakout's strength.
- Manage risks with a stop-loss just below the trendline to minimize potential losses.
Potential targets can be identified based on nearby resistance zones, offering attractive opportunities if the breakout succeeds. This analysis is for educational purposes only—always conduct your own research and trade responsibly. Keep VIDT/USDT on your watchlist for this exciting setup!
vidtusdt - short term trading ideaInitially, I anticipate Litecoin moving towards $0.037 or $0.033, followed by a potential pump above $0.06. There's a possibility it could dip even lower, especially with Bitcoin showing weakness at current levels If Bitcoin drops bellow $80K all hell will break loose. Patience is key—observe the market closely. After breaking above $0.06, we could see a push beyond $0.1. I know Vidt is lagging behind, but I still believe it could be gainer in near future. Vidt usually pumps with delay.
Continuation of seasonal growth from next weekTo date, we have come to the next emerging wave of growth, let's look at interesting coins. Since mid-August, the market has been experiencing annual seasonal growth, and therefore I expect the bullish trend to continue. According to the tops, the picture is very contradictory. Ether opened the second half of the quarter in a negative zone, which gives a signal for confident sales at every opportunity. The pullback on the monthly candle has already been worked out this week, but after mid-September it is worth taking into account the high probability of a pullback on the quarterly candle. A successful break above the 2750 level supports the price for now and retains the probability of going to 3000-3100 at the beginning of the new month. A supporting factor for the price may be the opening of the month above 2750.
Today and tomorrow, the bulls have the last two days left for the growth of coins on a monthly schedule, in connection with which new waves of growth can be expected to consolidate the monthly candles bullish with the continuation of the trend in the first half of the new month, especially for coins that did not show growth last week.
By the next two weeks of growth, there are quite a few oversold coins left. First of all, vib og ast gft quick is more reliable for medium-term investments today as an alternative to vidt and uft that have reached high levels so far. According to vib og and gft, all coins are in circulation, and therefore the price moves quite smoothly according to the general dynamics of the market, with attempts at significant overshoots in the bullish period. Pros oax and ooki remained among the riskier assets, but with the highest growth targets.
Vib is suitable for purchases anywhere below 0.085, with a medium-term growth potential up to 0.15-25. The third wave of growth is outlined on the monthly chart, in which there is a high probability of an impulse to a significant overshoot. A similar pattern has already worked on the monthly gft chart and the weekly quick chart.
Gft is interesting for purchases everywhere below 0.0175-190, however, it has high liquidity due to its presence on a variety of exchanges, including derivatives. In this regard, it can be used to save funds in the average amount already below 0.021 with additional top-ups in case of a drawdown below against the background of general market dynamics. After the breakdown of the 0.064 level, there is a signal for the 0.075 test in the future. To date, at least we can expect the monthly pinbar to fill with a trend up to the retest of the 0.05 and 0.06 levels.
Og is by far the most powerful fantoken. Due to its rather high liquidity, due to its presence on exchanges and derivatives, it often shows extremely high volatility. In the medium term, it is also quite reliable due to almost complete emission and is well suited for scalping with frequent breakouts of up to several x's. It is interesting to work everywhere below 3.5.
Quick is quite reliable fundamentally, because it is in the most oversold position among the tokens of the exchanges. In the average period, the growth potential to 0.15-25 and after the spring breakdown, it looks like the accumulation is ending and the bullish trend has begun to recover on the weekly chart. The nearest target so far is at least a retest of 0.075-85, probably by the end of the year with an attempt to move above 0.075 if the new year opens.
Ast has recently entered a highly oversold zone and is interesting to work everywhere below 0.12. So far, not all coins are in circulation, which will contribute to rollbacks after large waves of growth and the creation of new options for earnings. With the current issue, the target is a retest of 0.150-175 at least.
There are only a few coins with low liquidity that are traded with powerful impulses. Although such coins are dangerous for long accumulation with unstable breakouts, they pleased with a large profit in the end. These currently include pros oax and ooki.
According to pros, a small part of the coins is still in circulation, which increases the probability of a retest of loyalties in the average market. However, the absence of a monitoring tag gives greater confidence and today a third wave of growth is also planned on the monthly chart with a possible impulse to significantly move into the range 1-1.25. That is, the potential is up to 4-5.
According to ooki, after the change in the current supply, the dynamics will become smoother with possibly more stable growth waves. Signals for growth up to 0.0075, that is, up to 6-7X, were left, however, with the current emission, the 0.0045-50 retest is still more reliable.
Oax, like ooki, remains the last most oversold token in the monitoring tag. So far, the main goal is to double-check the trend of the spring pulse up to 0.35-50. However, on the monthly chart, a breakdown pattern with a powerful overshoot from the third wave is also likely, in this case, if a stable trend is successfully maintained, there is a probability of a test of 0.75-1.25.
Let me remind you that the greatest probability of growth remains from today (especially after the closure of the foreign exchange market) to the beginning of a new month (up to two weeks), after which it is worth paying attention to money management, the number of coins in operation, the size of positions and the price range, due to the likelihood of a major rollback.
We do not hesitate to ask questions about the position of the market and coins in the work.
Alikze → #VIDT | Dynamic trigger failureThe current candle is breaking the dynamic trigger, which in the case of a pullback to the 0.03316-0.03373 area and the support and buying power will have the ability to grow up to the red box range, which is an important supply area.
🟩Sup: 0.03316-0.03373
⛳️Tp 1:0.048
⛳️ Tp2 :0.051
⛳️ Tp3 :0.055
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VIDTUSDT.2HFor the VIDT/USDT chart provided, we can dive into the technical aspects as follows:
Timeframe: The chart is on a 2-hour timeframe which can be conducive for spotting short-term trends and potential intra-day trading opportunities.
Ichimoku Cloud: The price is trading below the Ichimoku Cloud, suggesting that we are currently in a bearish trend. For a bullish signal, we would look for the price to break through and hold above the Cloud.
Trendlines: There seems to be an ascending trendline supporting the price movements. This could act as a dynamic support level; if the price holds above this trendline, the bullish sentiment may continue. However, a breakdown below this line could suggest a potential trend reversal to the downside.
Resistance Levels (R1, R2): Two resistance levels are marked. The first resistance level (R1) is slightly above the current price, which the price has to break through to indicate a potential upward movement. The second resistance level (R2) is significantly higher, indicating a strong bullish push if reached.
Support Level (S1): The S1 level is significantly lower than the current price, which may suggest a substantial drop if the price breaks below the ascending trendline.
Relative Strength Index (RSI): The RSI is around 47.2, which is between the 30 (oversold) and 70 (overbought) thresholds. This indicates neither an overbought nor oversold condition, suggesting a lack of strong momentum in either direction.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and both are near the zero line, showing weak momentum. A bullish crossover (where the MACD line crosses above the signal line) would be a potential indicator of increasing buying momentum.
Volume: The volume is not visible in the provided chart, which is essential to confirm the strength behind the price movements.
Conclusion:
Currently, the VIDT/USDT pair is exhibiting bearish signals with the price trading below the Ichimoku Cloud and the MACD below the signal line. The ascending trendline is a key support to watch—if the price holds, we may see a consolidation or potential reversal to the upside. However, if the price breaks below, it could signal further downside. Resistance and support levels provide target areas for taking profits or cutting losses. Remember, technical analysis should be used in conjunction with fundamental analysis and market news for more informed decision-making, and it's important to employ risk management strategies to protect your investments.
VIDTUSDT.1DBased on the provided market data, the VIDT/USDT pair is currently in a bullish trend. This is indicated by the Relative Strength Index (RSI) values for 4 hours, 1 day, and 7 days, which are all above 50 (68.03, 66.77, and 70.62 respectively). An RSI above 50 typically suggests bullish momentum.
The Moving Average Convergence Divergence (MACD) for the same periods are also positive (0.00047, 0.0018, and 0.0029 respectively), which is another bullish indicator.
The current price of VIDT is 0.037 USDT, which is slightly below the Bollinger Bands (BB) midline for 4 hours, 1 day, and 7 days (0.039, 0.040, and 0.041 respectively). This could potentially indicate a slight pullback or consolidation in the short term.
The immediate resistance levels are at 0.045, 0.047, and 0.051 for 4 hours, and 0.042, 0.044, and 0.051 for 1 day. The 7-day resistance levels are significantly higher at 0.045, 0.051, and 0.069. This suggests that if the bullish momentum continues, there is room for price growth.
On the downside, the support levels are at 0.033, 0.027, and 0.027 for 4 hours; 0.033, 0.024, and 0.020 for 1 day; and 0.026, 0.020, and 0.016 for 7 days. These could potentially serve as levels where the price could bounce back if it dips.
In conclusion, VIDT/USDT seems bullish in the short to medium term, but a slight consolidation or pullback might be possible in the short term before the price continues to rise. As always, it's important to consider other factors and not rely solely on technical analysis when making investment decisions.
VIDT BTC - Strong bullish divergence on 1D 1WTrend Analysis: Since Feb 2023, VIDT has exhibited a consistent downtrend when paired against Bitcoin (BTC).
Recent Developments: A notable development for VIDT has been its recent inclusion in the margin trading offerings on Binance. This listing is a significant milestone and could potentially catalyze renewed interest and liquidity in VIDT's trading.
Technical Indicators:
Price Action: Despite the broader downtrend, recent weeks have seen a notable divergence in price and technical indicators. Specifically, while the price of VIDT has continued its downward trajectory, there is a contrasting trend in its Relative Strength Index (RSI).
RSI Analysis: The RSI, a key momentum indicator, has been on an upward trend. This divergence—rising RSI amidst falling prices—could be indicative of a potential shift in market sentiment or a forthcoming reversal in the price trend.
Goals are marked in green... I expect at least 100% profit run in near future.
Conclusion: The current market scenario for VIDT, especially in its pairing against BTC, presents a complex picture. While the sustained decrease in price over the past months paints a bearish picture, the recent positive news and the divergence seen in technical indicators like the RSI provide a more nuanced outlook. Investors and traders should closely monitor these developments, as they could herald a significant shift in VIDT's market dynamics.