bizi

Vertcoin found its bottom, potential 40+% growth on VTC/BTC

Long
POLONIEX:VTCBTC   None
Hello everyone,

I know we have a lot of active trades right now: BAT, ARK, NANO , SC and now I want to showcase one of the coins that is looking quite phenomenal in short term and also in long term.

That coin is VTC / BTC . It had it's upsides and downsides, but general trend of the coin for the past 18 months was a bearish trend .

Still, looking at the longer time frame, it can be found that this coin has hit a price point that is very close to its all time low in terms of BTC . Historically this has been a point from which the price bounced very aggressively so I think the same will happen.

A lot of indicators like EMA 50, EMA 200 and Ichimoku clouds are showing that the coin is still bearish , but based on support levels and RSI that is trending upwards, I will respectively disagree.

Targets as the entry are drawn on the chart as usual.

Enjoy the trade!
Comment: First target on 0.00002998 reached.

Already about 10% up from the entry. This is a correctly timed trade for sure.

Trade closed: target reached:
All targets have been reached.

You can sell everything or keep holding. VTC is looking pretty good long term as well.

Comments

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