Bearish $VIBE Trend Continues

30 thg 1, 2018

I don't own BINANCE:VIBEBTC but have made this chart for a friend. Before I begin, i'll note that i'm very new to publishing my charts and have been wrong in the past. This is not financial advice, but a trend analysis.

This is a very new chart with not a lot of data to go off so i've started the analysis after the huge dump and run up after the listings.

I see a lot of "BINANCE:VIBEBTC TO THE MOON!" posts on here but I just can't see it when looking at the charts and the market. VIBE has been downtrending since the 19th-21st of Jan, with a dead cat bounce on 25th of Jan which has probably trapped a lot of people in a bad position.

I can see two things happening in the next fortnight -- The trend continues to the previous lows and reverses OR we see a double bottom on the .236 fib line which may cause the trend to reverse early.

I will continue to update this as it goes.

Please comment if you have a differing opinion, or would like to add to the analysis.

30 thg 1, 2018

Giao dịch đang hoạt động

This is where we watch to see if the trend reverses on the .236 fib line -- if we do not see a double bottom here I believe we will head into my buy zone.

2 thg 2, 2018

Đã hủy lệnh

Waiting for the correction to be over to buy back into anything - see BTC chart on my page