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Vidtusdt

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 ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
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.
by MarsSignals
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.
by MarsSignals
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.
Long
by Aborangin