#VIDT GETS REJECTED AFTER A STRONG SURGE OF 297.76%!
The strong rejection that happened on one of VIDT's major resistance just shows how high the interest of sellers are on those levels. There are several long entries on these resistances that were shaken out. We can see that this altcoin may continue to decline towards 0.024-0.030 and create more supports from there. In the event that this altcoin will have met its buyers' orders. Another attempt to reclaim the higher levels may happen but it will still take another strong wave of buying pressure to exist in order for the higher levels to be reclaimed and to make a possible breakout. Right now, in its short-term, we will continue to observe and find potential optimal spots for its support creation.
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Stay wise, trade cautiously.
