BITTREX:VTCBTC   Vertcoin / Bitcoin
Vertcoin crossed an foundamental old Resistance/ foundamental support.

Death cross has occoured. Who can stop Vertcoin now? It could fall rapidly now. I see a possible resistance at 0.00021649 which could be the basis for the next candle.

RSI is really over oversold. That could make some surprise to this view
Hey, this chart is really accurate and VTC did hit your low target.

Do you have any updates perhaps?
Reply
@himi,

I have no good answer in this moment because the situation of bitcoin is for me not clear. If bitcoin resurge, there is good chances that Vertcoin will grow. If it sunk, Vertcoin will follow. Today I cannot say what bitcoin does.
If I look at the graphs of VTC/BTC i can see that two important trendlines were no more strong supportive (the black fat and the blue line). This could be a negative sign.

On the other hand it could just be a spring (which would be a bullish sign) - this theory could find confirmation in the great green candle of today. RSI is forming higher lows (positive).
If it fall below the red dotted line I would be very scared.




Against USD it came out from the yellow resistance (positive) and maybe found a positive trendline (positive).
If it break this black trendline is for me a clear sell.






Reply
himi bionicol
@bionicol, Thank you very, very much for your update! Hope it goes up, of course! :)

I wish all the best in trading $VTC!!
Reply
Good to see people be objective in their analysis. Fanboyism clouds judgement.
Reply
Vertcoin up.
+2 Reply
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