V-ID Token Project Overview + Chart Signals & Targets
About V-ID | Data Integrity Verified
Use the VIDT API to certify & secure your digital data against fraud and manipulation.
V-ID secures digital files against unlawful manipulation. The VIDT API enables organizations to certify and secure their digital data against fraud and manipulation. It aims to protect value at minimum expense and effort. V-ID works with organizations like AmSpec, IBM, and Nyenrode University to certify and secure digital documents like certificates, invoices, diplomas, and sensor-data.
Source: Coinmarketcap.com
Website: about.v-id.org
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Another strong-looking altcoin project available for trading on KuCoin.
On the chart above we have the Fib. levels, seen as resistance and support levels.
When the dashed lines are above the current price, we are calling it resistance.
When the dashed lines (fib. levels) are below the current price we call it support.
V-ID Token Chart Signals by Alan Masters
Here, in the VIDTBTC chart, we have a higher low on the 20-March compared December 2019.
We are looking at a strong RSI and bullish MACD (above zero).
Prices are now trading above EMA10, EMA50, EMA100, and MA200.
Strong support has been activated (light blue). The last time this support level was activated, VIDTBTC went on a 261% bullish wave.
This is not financial advice.
Thanks a lot for reading.
Make sure to hit LIKE!
Namaste.
Vidt
V-ID Token Long-Term Targets (Over 290% Mapped)V-ID Token (VIDTBTC) continues to grow and looking at how the altcoins market is doing, this can go on.
Weekly chart with target
Here we have the targets (resistance levels based on Fib. proportions) for VIDTBTC. These are marked with magenta dashed lines.
The blue dashed line is for support.
As for the daily chart, the main chart above, VIDTBTC looks strongly bullish, and also here we have room for additional growth.
If we look at the Feb. the bullish wave we can see an inverse "V pattern" or a triangle-shaped jump and drop... When we look at the action now, we can see prices steadily rising giving this wave additional strength.
We can have some red candles before more green if the same trend continues.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
V-ID Token (VIDT) Full Potential (330% Mapped)Let's have another look at VIDTBTC (V-ID Token), available now on KuCoin.
This pair is looking extremely bullish and there is only one resistance left before more potential is opened.
The next barrier sits at 0.00002411.
-> Above this level, VIDTBTC can continue growing and even gain additional momentum.
-> But below this level, a retrace can take place.
-> Even if prices drop, we remain bullish afterward (blue arrow)
Make sure to hit LIKE to show your support.
Namaste.
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Previous chart | May 2
V-ID Token Chart UpdateHere we have the same chart we looked at in the past for V-ID Token (VIDTBTC), the path remains the same.
Now that support has been broken, MA200/EMA200, EMA50/EMA100, we can call this same level resistance.
Now that prices moved below the resistance, we follow the second green arrow.
We expect additional mixed-consolidation until prices finally start to increase and jump back up.
We only switch from bullish to bearish if prices drop below the last low.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
V-ID Token Round 2 (Chart Fully Mapped)Here we have the second round for V-ID Token (VIDTBTC). The gains generated since our last analysis was removed but the chart is pointing towards more growth.
VIDTBTC is now testing "strong support", this is marked by a confluence of multiple moving averages and also a Fib. level.
Prices moved below the 0.786 Fib. retracement support relative to the Feb. bullish wave, this is an important level.
When VIDTBTC moves above this level, 0.00001231, we can see a quick 70% jump plus additional growth in the weeks that follow.
I wouldn't worry much about the bearish scenario since this chart is bullish, but make sure to have a plan/strategy and use a stop-loss if you decide to trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
$VIDT Volume Profile, MACD, Bullish Trend Indicating a BreakoutHi All,
With Bitcoin confirming a bullish trend, historically altcoins are not too far behind the rally.
Today i am looking at $VIDT, a data integrity blockchain project based out of the Netherlands. I have been following the fundamental business development of VIDT over the past month and can see some strong long term potential profits based on their token economic model. Coupled with great partnerships such as AMSPEC and IBM, i recommend taking a deep dive into the telegram library for further information on monthly token burns and adoption metrics at:
t.me/VIDTlibrary
Turning to the technical analysis,
We can see that on the daily chart, VIDT has maintained a strong performance against the BTC ratio (uncommon during BTCs tradtional explosive moves upwards when valued against altcoins). This shows us that the hands are strong across the current wallet holders (which stands at a count of 5743 as i write this article). We have bullish confluence across three key factors:
1. We have began printing higher highs and higher lows on a long term time frame (daily).
2. The MACD is rising in agreement with price, creating higher highs and higher lows.
3. Price is sitting above the 10/20 EMA, EMAs are in correct order for an ascending channel.
The Key Factor: In conjunction with the three indicators of confluence above, we can see a clear channel above a low level of resistance (0.00001547). When inspecting the Volume Profile on the right hand side of the chart, we notice VERY LITTLE resistance to return to previous heights. This indicator is a VERY STRONG sign that once the key resistance level is broken, price will accelerate rapidly as the market has yet to solidify a price within this range. Couple this with the current strength of holders mentioned previously and i am expecting to see a quick return to previous highs, potentially printing new highs after a test of the previous level of 0.00001300. This implies that a break of the prior resistance at 0.00001547 would lead to a clean target of 83%.
As always, this is not financial advice. I strongly suggest you do your own research on this project prior to investing. Loads of resources available on this project at about.v-id.org and multiple telegam channels.
