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VIDT / TetherUS

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VIDTUSDT trade ideas

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 DAO | 3 Weeks Not Yet Green...VIDT DAO (VIDTUSDT) has been green the last three weeks with the current one closing in 25 hours. ➖ Three green weeks as a rounded bottom develops. We also have an inverted hammer as the first green session after the low was hit. This candlestick pattern shows up to indicate a potential reversal, it only needs confirmation and two additional green sessions is a great start. ➖ The falling wedge is one final additional bullish signal. ➖ The green weeks now active have higher volume than the red weeks preceding them. 👉 Overall, there is bullish potential on this chart. Namaste.
Long
by AlanSantana
13
Riding the Bullish Divergence in #VIDUSDT💎The VIDUSDT 3-day chart is showing a promising bullish divergence formation on the MACD indicator. While the price currently sits below a minor downtrend trendline, a decisive daily break and close above this level could set the stage for a potential upward move. 📊🚀 💎In the event of an upside breakout, we anticipate a rapid price increase for #VIDUSDT, with a potential target towards the top of the triangle pattern and the previous demand zone. This would be a significant milestone for VID. 🔝💰 💎However, it's important to consider alternative scenarios as well. A break below the triangle pattern could give more strength to the bears and potentially lead to a continuation of the downtrend. It's crucial to monitor the price action closely for any signs of a decisive breakout or breakdown. ⚠️🔍 As the market evolves, our team will provide you with timely updates and valuable insights on #VIDUSDT. Stay informed and prepared for potential trading opportunities! 💼🔥
Long
by MyCryptoParadise
2
#VIDT/USDT - Long - Potential 18%#VIDT/USDT - Long - Potential 18% Strategy: Long Exchange: Multi-Exchange Account: Spot Entry mode: DCA Limit Invest: 5.03% Exit: • ⎿ Target 2 : 0.04464 19.87% • ⎿ Target 1 : 0.04094 9.94% DCA Entries • ⎿ Entry : 0.03724 - 100% • ⎿ Current market price: 0.03732 Stop: 0.03354 (-9.94%) Technical indicators: • ⎿ 24h Volume: 5222274.99067 • ⎿ Satoshis: 0.03724 Decisive trendbreak with volume. Good PCE numbers could pump USDT pairs. ​ Trade: VIDTUSDT 31/03/2023 12:02 Account: SPOT Volume last 24h: 5222274.99 USDT
Long
by CryptoNicho