dsgorthy
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VIBE (VIBE) Technical Analysis and Potential Trade.

BINANCE:VIBEBTC   VIBE / Bitcoin
BINANCE:VIBEBTC             is an interesting concept to me, someone that has a background in Computer Science and AR/VR applications. I'm not completely sold on the need for this product to be on the blockchain, but I do believe that their concept is the direction that we are heading in the long term. I'm looking at this coin as my next potential trade after the jump in price a couple of days ago. I figured there would be a retrace and decided not to dive on in, I'm glad I didn't invest right away. I'm seeing an established short-term horizontal channel spanning about 0.00004 - 0.00005. Depending on which direction we go will dictate a continuation of a downward trend or a reversal of BINANCE:VIBEBTC             . I do see the price consolidating within the wedge drawn out, so I think it's time we see some movement here. If we see a break above the channel with significant volume , I'll post some fibonacci targets and explain my trading strategy. Just giving some heads up as I would prefer to buy in at a higher price of a confirmed breakout rather than jumping in and getting burned. If you're interested, feel free to follow along!

I'd like to hear your thoughts on BINANCE:VIBEBTC             ! Please comment below, as the more input we see, the more informed we are!

*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
评论: We're slightly down and still within the sideways channel. I'm staying out of this trade until we can confirm a reversal here.
评论: Still within our channel. If anything, we're trending downwards. My worry is that the oversold indicator was actually above the value that we're currently at. This is an indicator of a downtrend. However, it looks like our descent from the recent spike is slowing, this could be a sign of a flattening market before a rebound.

评论: I'm staying out of this coin until I see some positive movement and volume. We're way in the middle of the RSI channel and still going down.

i just want to get out of this coin for good!
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bought in at 5500. Don't think it's the best project out there but this coin is very bullish. It won't go below 4800 due to the massive support at it. I think in a couple of days, this coin will moon as it has in the past. They're also announcing some good news sometime this week which also helps. i will definitely be following your charts!
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dsgorthy tylerkipp23
@tylerkipp23, Good point here, we are seeing buy walls as support and we're still within our channel.
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