Vertcoin (VTCBTC) hit a new ATL (All-Time Low) back in mid-July 2019... No big deal, many altcoins hit new ATLs but... This one might be a bit different...
Let's get started!
Vertcoin (VTCBTC) has been available on Bittrex for trading since February 2014.
The new ATL was hit at 0.00001877 on the 15th of July 2019. A classic bounce followed by additional...
Keep it simple.
Green box is where you ladder longs, Orange box is where you take profit.
For my trades I take out 20% of my trade at each profit target, and re-add to my long position when it fails at a profit zone and retraces to support.
Vtc was a heavy mover earlier this week, pushed to about 30 cents from 17.5 cents.
The 3 day you see a strong bullish green candle off of long term support.
It breached the red average indicator.
Massive volume spike on the bottom.
This looks good.
On the right the weekly is showing a green doji.
This is also positive.
November 3rd we will get the weekly...
Hey guys I'm back!!
I went to trade stocks and penny stocks for a while.
I have been watching the crypto market.
This altcoin specifically... VTC Vertcoin
It is in a giant upward channel, Like all of crypto.
Now we have a tight falling wedge that is squeezing hard.
If you look at the overall pattern since its birth, it is a massive cup and handle.
Vertcoin Technical Analysis -VTCUSD - 45%-600% Profit Expected
Huge Trade Coming...6x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.26 - 0.84
(45%-600% Profit Expected)
TP - 1 - 0.26
before the analysis one comment from my side:
my personal opinion is that most of the altcoins will disappear (possibly within one year, max two, based on my estimation)
Based on that I would not personally trade coins with low liquidity, as you can see in the chart, there is at least an example of one candle that fluctuate the price up and down ...
Time to see if this project is going to last or not.
Binance bans U.S. citizens from trading on September 12th. This project is not on Binance, but the ban should bring some more volume into U.S. based exchanges like Bittrex.
It may just be perfect timing for Vertcoin to see some action....... or slowly disappear.
I really like this project, and hope it...
Priceline of Vertcoin / Bitcoin cryptocurrency has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
MACD is turning bullish.
From here the price action will take bullish divergence soon insha Allah.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002087 to 0.00000001 (But the price action cannot go more down...
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...