PolarHusk

VIB/BTC TA Update (Large Bearish Pattern?)

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BINANCE:VIBBTC   Viberate / Bitcoin
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.

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