RiversAndMountains

Vertcoin - Pretty Much Litecoin

Long
BITTREX:VTCBTC   Vertcoin / Bitcoin
I've done very little research into this coin but I recall it having the same supply and blocktime and characteristics as Litecoin.

Since Litecoin has had its less-than-venerable idiot of a founder, Charlie Lee, depart, I feel like Litecoin is on the way down and coins will come to fill its place on the market.

Vertcoin is a natural since it's pretty much Litecoin.

Ignoring all of that type of nonsense, this is a 3-Day chart and it's in a giant bull flag after a breakout of a huge descending triangle. Willy 21 and stoch are super oversold and I feel another move up is incoming.

This coin is a hell of a buy at a $4 USD equivalent considering Litecoin was trading as high as $400.

Recommend highly taking profits at ~155k Sats, but assuming a break up to the 1.618 uptrace and a stop below the ramp line created by the breakout, we have an absolutely astonishing 29:1 Risk-Reward ratio.

This trade is a longer-term trade. Volume is still low on this coin. As it picks up, expect big moves.

==
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Comment:
This bounce was actually pretty monster bullish. If VTC picks up volume omg it's going to moon.

Comment:
VTC has been down for many hours now. Starting to look like supply is tapering and hopefully demand will pick up and we'll get a bounce.


VIBE just followed a similar patter so let's see if VTC can too.
Comment:
Can someone call Binance and get VTC listed since VTC is the new LTC?

That will solve the volume problem in 1 day.
Comment:
Can't post Kucoin coins on TradingView because unsupported, but here's one that I think is amazing

twitter.com/UpsUpsAn...s/955604538773397504
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