Short
VIB/BTC TA Update (Large Bearish Pattern?)
VIB/BTC
VIB is quite bearish if it fails to get above this trend-line resistance.
It will only give an early signal that a bearish descending triangle is likely the best scenario.
Also, if we look at the big picture of the market structure, we can see a large potential bearish Head & Should pattern.
VIB is not in a good place right now. Be cautious trading Long positions.
VIB is quite bearish if it fails to get above this trend-line resistance.
It will only give an early signal that a bearish descending triangle is likely the best scenario.
Also, if we look at the big picture of the market structure, we can see a large potential bearish Head & Should pattern.
VIB is not in a good place right now. Be cautious trading Long positions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.