Hi ALL & GOBLINS! Today we carefully picked 4 coins and invested 10 Bitcoins into them, equally distributed. OK entry 4.8k sat VRM entry 40k sat VRC entry 5.7k sat KMD entry 37.5k sat Happy Halloween! ;) join Goblin ~TOwn
Waiting for VRM to break out of the falling wedge if it also breaks the resistance(in red) then it would be really interesting
Must break above .00063 for the full monty!
This pretty much speaks for itself. Pennant - Bottom tested 4X - Top tested 2X ..almost a no-brainer trade.
I dont have to really say much here, this chart quite absolutely speaks for itself. This is not some 5 minute pattern, and a solid Cup & Handle playing out as it should. With an extremely hard to mine coin, (CPU MINING) and roughly only 1.21 million in circulation, the bulls have collected and as shown are soon to start pushing. This coin is not easily minable ,...
This is what a Cup and handle looks like. Its not some 5 minute pattern. When this prints on the daily, you better take notice.
Made to show Tradingview showing Bittrex data. Simply use the syntax in the ticker search as follows: " Bittrex:VRMBTC "
Cleaning up the chart and we look at basics this morning. In the past months, The 200EMA is playing a vital role with VRC price action. Shown are the 20 & 200. 200 Being yellow. VRC as expected slicing threw this short time frame average, and now looking to re-connect with the 200EMA. This will be a strike point for me if hit as well as anything below. If the...
Seems like the Vericoin market has created a short term (red Pennant) within a longer time frame repeating pattern (blue pennant). I still believe that the blue pennant will play out, and there will be another drop in price into the green consolidation zone. This Red pennant is highly forced as show my the market reaction, and if it breaks it should fall right...
A congratulations are in order for the Vericoin Blockchain, which has now reached an all time three year High of 9.01 Million dollars. Heavier than normal volume today pushed the price up to and past the current trending channel, yet pulled back dramatically as volatility and intra-day trading opportunities become more fruitful. It seems as if the bulls and the...
Potential Tweezer bottom broken by current candle. Look for and expect the 200MA to get touched. We are surely retesting support levels at this point as RSI on 6H and higher Timeframes continues to move lower. A text book ABC correction, would plow threw prior weeks price levels as if last week never happend. I dont think that is in order here as the volume on the...
Overnight with a surge in BTC/USD prices Vericoin fell a bit causing a much needed down turn in the majority of the indicators. This ofcourse after a slight BB break out of a solidly defined Pennant and is now testing to see if infact prior resistance levels have turned into support, textbook trading here. This may be a good bounce entry now or very soon...
This weekend has been a nice small rally for Vericoin. 24hr Volume is just past $600,000 USD, and the market has moved with the trend. I'm not quite ready to say VRC is in a bull run quite yet, as the weekends highs arnt very much higher than last months run up, which brings me to my next point. Weekly Support and resistance levels. Weekly Pivot at 7785 which is...
I think it is safe to say that the multi-week pennant has been broken, however with every small break out come a upturn with the indicators obviously. Do note the 50 RSI bounce on the daily. Now that there has been a small market move, I would expect to see some increased volatility, in both directions under lower volume conditions for another indicator reset over...
Seems as if overall the Pennant is holding and with new support levels to be printed in less than a day unless a break out to the upside happens beforehand, the weekly pivot I believe will come down to lower levels than this current week. Tomorrow being monday, and any possible non-retail traders involved (and bots) may see this as a weakening market and start to...
Under lower volume conditions and a slight upswing in BTC Prices vs the USD in the past 24 hours, it is possible V R C has reached a settled price range of 6k-6200. I would expect, that under these conditions that market makers will try to break the green bottom trend line with a push to weekly S1 5400-5500 area. A break out is still of course possible, however...
Bouncing off the upwards trending bottom of the channel on sunday/monday however velocity was low. There is a potential down-side channel forming Leading to support Level 1 (Yellow Channel), and current resistance short term seems to me just below the weekly pivot @ 7189. This could be another good entry for an R2 Breakout like what happend on the 10th. R2 sits...
At the bottom of this channel that seems to have formed. Today should confirm or reject a trend potential. Min Upsid.e 6730 (if the cloud rejects further), Med Upside 8200 if the cloud is entered but the wedge rejects., max 9200-10.5K if the wedge is broken under high volume across all exchanges. Heavy Resistance at the 9000-10000 range as shown historically in...