VITE (VITEBTC) bounced out of a new ATL that was hit in late October and later tested again in late November. This created a double bottom pattern that is not visible on this chart.
This lead to a huge jump in prices that ended with the drop you see on the left in a yellow circle.
A new support level has been hit and volume is starting to increase. The MACD and RSI are starting to curve.
All these signals are telling us that VITEBTC is likely to start growing from here... But be prepared if things go south.
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