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.
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
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...
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...
Welcome to this updated analysis on Vertcoin / VTCBTC Let's get right to it!
We can buy this coin with a target at 0.00009825
We can avoid Loss/Stop at 0.00005662
If 0.00009825 can hold support line,
A breakout above the trendline would cause VTCBTC to rally about 135% higher.
VTCBTC increased in value...
See chart, we're in a pennant. The resolution of this will decide where VTC is going. You can go long if we break out of the triangle, but there is a big resistance at 0.00014, so watch out.
Against my better judgement I had assumed the current price action was following the price action starting in March 2017 due to the similarity in patterns even though I saw the January 2016 pattern as well. I was looking at the daily chart which showed a much more volatile pump in 2016 than the one we have now and moved on to the more proportionate and similar...
Looking at VTC's 4-hour chart, the price is finding support on a key uptrend line that has sent the price soaring 3 times before. Let's see if it can make it a 4th time. When I look at the 3rd jump, I see the price caught support along the 100MA and then broke through it landing on the uptrend. It had a nice 25% pop back over the 100 before it really took off. If...