jbwar
Long

VTC 3 Inside Up Reversal Pattern - Bullish

BITTREX:VTCBTC   Vertcoin / Bitcoin
Daily Chart
1) Long red candle at end of prolonged downtrend
2) Small green candle within the body of the red candle
3) Second green candle closes above the close of the first green candle.

On a daily chart , this is a strong, bullish reversal signal.
Indicator: Stoch is also showing a buy signal.

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Comment: Penant forming, target 1.27 fib
Comment: Breakout
nice call
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jbwar umairceo
@umairceo, Thank you. I primarily post only trades that I would take a position in, so I aim to be as careful and accurate as possible. If this helped you out, I would appreciate a follow. Take care!
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@jbwar, done
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@jbwar, where are you from? from how long you doing TA?
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jbwar umairceo
@umairceo, US. I've been in crypto since 2013. I'm more of an investor than a trader, but when alts pump I can't help but jump in. You?
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@jbwar, I just started trading in oct made some nice gains till Dec then loose them all in the downtrend but starting fresh again now & trying to follow best traders & learning TA also from where you learned TA?
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Agree. But better wait till it bounce of 236 Fib level at 0.0002500. If it does than I'm getting in =)
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jbwar Philosof
@Philosof, OK, but watch the pennant forming. People are HUNGRY for a pump right now so I wouldn't expect anything to retrace according to traditional metrics. I updated my idea to show what I'm seeing
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