After the cup and handle pattern, Vertcoin reached the PT1 target price sooner than expected. Then the PT2. What you have to take advantage of and that you mark in downstream channels, is that you are preparing for another bullrun. Pump + correction + pump .... There are resistance levels that I marked that are really the maximums. Now it is forming an ascending triangle (marked in red), in which VTC can make the pullback and then break up or continue in the bullish trend and probably follow the path I drew with ABC towards PT3. Whatever happens, Vertcoin is hungry, with interest, volume and this is just beginning.
@AndresThomasShirakawa , I have been waiting for a correction on this one for a few days, but it never comes... I'm beginning to develop a serious case of FOMO! Do you recommend getting in now this high? Would really love your thoughts on this? Is a major pullback expected?
AndresThomasShirakawa
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@tombas@rvdlaar@BrettduPreez@CAINAMOTPYRC The first green candle is forming. And if it is red, it will be a star (change of trend) after the tsunami.
This can be the bottom where VTC / BTC does the pullback.
Humble opiñón. Good trading!
BrettduPreez
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@AndresThomasShirakawa, thank you for your insight! If I understand correctly, we may begin a new uptrend now?
It's getting better and better I'm in love with this coin!
CAINAMOTPYRC
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So you think it could drop to 64k or so and rebound? I got in late and I bought at 70k, should I HODL and wait? I am watching closely.
AndresThomasShirakawa
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@tombas@rvdlaar@BrettduPreez@CAINAMOTPYRC Fellas, first thanks for the feedback and excuse me for the delay.
The chart as they saw until when it began its way to C everything was perfect.
I was seeing that they filled with huge walls and bots that caused the collapse (manipulation)
Today at 45, VTC/BTC still has those walls, but I'm not going out bleeding. I'm going to hold it.
Thanks for your comments and I regret that it did not finish as I wanted.
But this is trading and you have to know how to lose.
rvdlaar
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in what phase are we now, pt3? or has that been finished and are we in uncharted territory?