Price has hit the first level of support on the 50 day moving average. That in combination with an upcoming 9 from the TD sequential indicates a likely move to the upside. Will be setting a stop-loss at 45K SATs and look for another opportunity at the 100 day MA if it continues downward.
Trade closed: target reached:
I had a sell order placed at 70k satoshis, but decided to go ahead and take profits at current levels. Vertcoin has a tendency to fall quickly after breaking the 70k satoshi level.