DollarsAndSense

VTCBTC Looks really Exciting! Here is Why!

DollarsAndSense Updated   
BITTREX:VTCBTC   Vertcoin / Bitcoin
Opportunity for all traders!

VTCBTC has made a strong move down. Technically it is setting up as a strong base and reversal area. It has set up a base by putting in a triple bottom. You can see the green circles showing the three recent lows at the same point. This establishes the base.

The next important part technically is the higher High. The Orange arrow shows the new higher high forming, now for the conservative we would like a pull back to a higher low and we are set.

The aggressive could just buy now with a Stop Loss below 0.000394, I will post targets with the conservative trade.

The conservative or less experienced are looking for a pullback to the 50 EMA and then a bounce bar. They can buy the break of the high of the bar with Stop Loss at 0.000394.

Targets are 0.000469, 0.000592 and 0.000682 (The yellow Lines)

Remember to make dollars your trades much make sense so please follow for more profitable trade ideas.
Trade active:
Hey Traders,

Price on the Daily Chart has hit our level, and we have reversal bars forming which are tradeable on the H and 4H Charts. Remember when you drop Time frames you reduce risk which means you can make higher % rewards but you also put your stop loss closer so it gets him more often. Generally speaking the longer you have traded the shorter the Time frame you can trade.
This is a really nice base set, if it holds some buying and a good move up looks really possible here
Order cancelled:
Those that took the really aggressive entry will have taken there medicine here. That's what aggressive trading is we get in earlier, get better winners but take some extra losses.
For this that waited price has drooped below the 50 ema so i will cancel this trade. A new opporrtunity is turning up on the previous 4 H Bar.. I will post a new chart with the details so will cancels this trade

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