#VITE (SPOT) entry( 0.019- 0.02090) T. (0.03160) SL (0.01856)entry range ( 0.019- 0.02090)
Target (0.03160)
SL .4H close below (0.01856)
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BINANCE:VITEUSDT
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The price is trading within a large descending triangleAbout10 Month ago
Support Area at the level of 0.0112
There are bearish reversal triangle patterns within the large bearish triangle whose break represents a strong push for the price
Expected goals: 0.023 from the current price of 0.014
Which represents 200% of the current price
#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 formed a bullish Gartley for another pumpHi dear members , hope you are well and welcome to the new trade setup of VITE coin with US Dollar pair.
Previously we caught almost 50% pump of VITE as below:
Now on a 4-hr time frame, VITE has formed a bullish Gartley for the next price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VITE formed a bullish Cypher for upto 24.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of VITE coin with US Dollar pair.
Our last successful trade of VITE was the below one:
Now on daily time frame, VITE has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VITE formed a bullish Cypher for upto 15.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of VITE coin with US Dollar pair.
Previously we caught a nice trade of VITE coin as below:
Now on a 4-hr time frame, VITE has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VITE formed a bullish Gartley for upto 15.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of VITE coin.
Previously we caught more than 74% pump of VITE
Now on a daily time frame, VITE has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
VITE forming a bullish Gartley for upto 45% moveHi dear friends, hope you are well and welcome to the new trade setup of VITE coin with US Dollar pair.
On a 4-hr time frame, VITE is about to complete the final leg of a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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/BTC is in a very BULLISH LARGE TRIANGLE/PENNANT!VITE/BTC is in a very BULLISH LARGE TRIANGLE/PENNANT!
Enter in the triangle green zone or enter the breakout and/or retest.
Mainnet is September 1st.
Additional news end of September.
Watch for a possible sell off September 1st and additional green price action through September leading to more news!
Trade safe my friends...
BINANCE:VITEBTC