sebastian.seliga.7
Long

VIBE #VIBEBTC - wedge breakout might give 150% gain!

BINANCE:VIBEBTC   VIBE / Bitcoin
ELLIOTT WAVE ANALYSIS:

The bounce from 0.00007490 has the characteristics of an impulsive wave with a high 0.00012865. After this rally, the price falls in the ABC three-phase straight correction to the level of 61% Fibo at the level of 0.00008180. In addition, the price at the end of the downward wave draws a clear wedge , which is expected give an impulsive breakout.

Target levels for the impulsive breakout are 0.00012237 and in the case of extension level 0.00020225. Assuming such a scenario, with SL under 0.00000749, the risk-to-risk ratio is 5: 1, which is why it is a pretty decent trading setup.

Breaking the 0.000007490 level invalidates the impulsive upward scenario.

TREND and IMPORTANT LEVELS:

Main trend: DOWN

Intermediate trend: DOWN

Daily trend: DOWN (possibility of a breakout from the wedge after correction and reversing the trend)

KEY LEVELS:

- for further increases - level 0.00012865

- for continuing correction - level 0.00009098

- for continuation of decreases - 0.00008180


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PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
Kommentar: After the complex and time-consuming correction in the wave (B), changed from the wave (2) due to the violated low, the VIBEBTC cryptocurrency begins to do something constructive in the end. Targets on chart.
is this trade still active?
what if btc goes down?
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Please give an update on VIBE
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Is this trade still active?
+2 Antworten
@janardhana54, ACtive
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Why you don't update some new charts for the price nowadays? I think everyone who bought VIBE by checking your analysis just like me is waiting an explanation.
+1 Antworten
Looking good now
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@SyferCV, Looking not so good now
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SyferCV cryptovancho
@cryptovancho, Give it some time. I've seen some huge increases of Vibe so far. I don't think they are over just yet. I'am curious about the superball ad Feb 4.
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Soooo. Let's see what happens at 7500. Actually, I don't really understand WHY it's falling that far at the moment. Feels a bit stupid since it just had so many nice break out possibilities suppressed by BTC . And now.....
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Breakout then back... not gonna happen today :-(
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