Here we have the same chart we looked at in the past for V-ID Token (VIDTBTC), the path remains the same.
Now that support has been broken, MA200/EMA200, EMA50/EMA100, we can call this same level resistance.
Now that prices moved below the resistance, we follow the second green arrow.
We expect additional mixed-consolidation until prices finally start to increase and jump back up.
We only switch from bullish to bearish if prices drop below the last low.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
Now that support has been broken, MA200/EMA200, EMA50/EMA100, we can call this same level resistance.
Now that prices moved below the resistance, we follow the second green arrow.
We expect additional mixed-consolidation until prices finally start to increase and jump back up.
We only switch from bullish to bearish if prices drop below the last low.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
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