$VIDT TAKES ANOTHER REJECTION FROM ITS MAJOR RESISTANCE! WHAT'S NEXT?
We've done a couple of testing for VIDT's possible correction and it was quite successful at 0.04948. Now, the total profit from this short trade is 18.82% with a running time of 11 days from the day we took the trade. Taking into consideration the recent surge of VIDT with 261.28%. We can safely assume that more corrections will happen and as well as possible short-term declines. This is to control the liquidities that will flow in its market structure. Although, in its long-term many are still bullish for it since this is an altcoin that has a great project backing it up. Now, we will continue to observe the possible price action it will take after taking this recent correction.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.