VIBE has formed a clear cup-and-handle pattern over the past week or so, however the "handle" can also be categorized as a descending triangle, having tested 10.1k sat three times. I am bullish on this project overall and believe their token's price will increase from its current low valuation (compared to entire trading history). The next day or two will determine if I buy more VIBE or sell off some of my current position.
Commentaire:
Though the price dipped to 9k sat, I will wait for a 10k retest before calling it a loss unless that quick dip to 9.5 holds it back.
Commentaire:
I got lucky with that spike at 3:00 PM EST. The VibeHub team put out a tweet promising a 25k VIBE giveaway, prompting a rebound. The spike has now formed a pennant. I expect this to breakout in the next day and continue upwards.