VTC is definitely working on replacing LTC. It won't happen this calendar year because of Coblee's influence, but short term we're going to see $7 for sure.
I'm doubling my holdings and will report back in a week!
Where do you think VTC will be on November 4th?
Keeping this very simple. Look at the Stoch RSI where I have circles. Each leg of this amazing bullrun began from the very oversold point on Stoch RSI. We just hit that on 1, 2, 3, 4 HR timeframes. MACD crossing on 45 min timescales too. I think this is the next leg starting here. Target for me is still 11.5k first.
Vertcoin is just starting the 5th wave in this cycle. Look out!
Take Profit #1 = .00095838 Or if you're wanting the home run...
Take Profit #2 = .00113887
VTCBTC
Looks to me like a big bull pennant forming on VTC. Need another touch of the upper trend line to confirm. Volume is also decreasing, and looks good that the MACD on 3 hr and 4hr have recently crossed and look set for upside.
Flag pole length is about 47k, so target of breakout would be around 115k.
VTC 1 Day Time Frame Los Angeles 4:40AM.
If history repeats itself we can see another run up to the moon with VTC. VTC is looking very ripe for another run-up. After hitting the Profit Target 2 I believe there will be a 30% drop to the old ATH support line. I am working off of previous patterns and analysis - if BTC is consistent 30% drop instead of 60% drop that...
I've been making predictions based on moving averages and this one is forming really nicely. It's taking a really big swing low which is usually follow by a big swing back. This is a great time to buy and I believe it's still very bullish in the Long run. Last Wednesday we saw this same kind of pattern before it went really big during the weekend.
VTC/BTC is looking pretty rough. this coin has gotten a good amount of hype recently due to the Bitcoin Gold fork (as both of them are ASIC-resistant coins), but it is about to be in the "blow-off" stage of market sentiment. additionally, the chart is expressing a large bearflag. first target level is based on pattern projection of the flag / also a probable fib...
VTC/BTC 4 HOUR SHOWING HIDDEN BULLISH DIVERGENCE & SYMMETRICAL TRIANGLE. Los Angeles 8:58PM.
I appreciate all the follows. I am trying to match ideas published to the number of followers. This is only the beginning to what I call an adventure. Excited to be apart of the Trading View community in the Crypto space. Over time I will be jumping into equities and...
Thesis
Long VTCBTC
The name has been trending higher on Day timeframe.
Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on Day timeframe
4. Higher highs and higher lows on multiple timeframes
Contradictions:
1. Below two resistance levels
Trade:
Long VTCBTC
Related Trade:
None
Disclaimer: ...
VTC should see around 100% gains from a healthy buy zone as stated in the drawing.
TP is at 3$ as I see that being the first short-term resistance
Watch the smaller time windows at the 1.00$ - 1.25$ mark for a bounce when you enter
Be cautious of the bitcoin rally for potential sell offs & bearish engulfing candlestick patterns
