VITEUSDT 1WVITE ~ 1W
#VITE If you still have Conviction on this coin,. This support block would be a good buying place for now,. Buy in stages with a minimum target of 20%++
Vite-usdt
#VITE/USDT#VITE
The price has been trading in a downtrend since February 2023
This downtrend has been broken and is being retested in the entry areas marked on the chart
About the price of 0. 01200
With a goal of 0.0256
Approximately 120% increase rate is expected
But it is expected that it will take place on more than one upward path
We must pay attention to the support and resistance areas
VITE (VITE/USDT) - Breakout off Double Bottom$VITE - Breakout off double bottom
1st Target: $0.094
2nd Target: $0.105
Double bottom + breakout through local highs as confirmation of setup.
VITEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price is moving in an upward trend and as long as the price is above the support line, it is possible to reach the above targets. If the price can not be supported, we consider the fall to the next support.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Is VITE ready to Set up another ATH ?On a 4 hour time frame, it is clearly visible that VITE is moving in an upward trend. On a much smaller time frame we could see that VITE, after scoring a ATH close so 0.249, is now struggling to a bit.
Currently it is being supported by EMA 25 and hopefully it will continue to do so. If EMA25 misses to support VITE, then we might have to be ready for a fall.
Looking at the trend there are two scenarios:
Scenario 1 (Red path) - VITE to bounce off from EMA 25 and then break existing ATH . If it fails to break current ETH, then we might be potentially looking at VITE forming a double top . But it is too early to say.
Scenario 2 (Green path) - If EMA 25 doesn't support VIT then it can potentially break small time frame upward channel (Yellow area) and can take support on green dashed line (yet to be validated).
In a way next couple of hours are crucial to determine which way is VITE heading.
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NOTE: These are my personal notes and in no way is a financial advice. Do your own research and Trade wisely.
VITE/USDT - Long - Potential 13%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: VITE/USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 1626
TP1: 1664
TP2: 1772
TP3: 1851
SL:1549
NOTES:
- Uptrend
- Breakout, Pullback to Support Zone
- Rejection candles
- Strong support zone
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
