Vertcoin has been pretty consistent recently, great price action continuing. $8 looks likely, $10 still a fair bit away but recent trend is strong.
BITTREX:VTCUSD is forming clear bullish triangle in wave ("IV") which may end soon, because it's in a final stages of wave "e". To be sure, we always suggest to wait for confirmations. Confirmations are very important, because they give you a signal and more chances of being right! So, in this case, our confirmation is a break above previous wave "d" at 4.8...
I've always liked this coin because of the perfect Elliott Waves this market creates. This one just broke previous ATH and landed on support so i expect to see another leg in the Elliott cycle
Vertcoin has started moving higher again after a period of consolidation. IMO we will be seeing a new all-time high soon.
This setup and how vertcoin has been moving all points toward the upside. Vertcoin is my top 5 coin to hold through 2018. I believe Vertcoin can get close to litecoin usd value. But we will wait and see. What are your thoughts?
As you can see we have a nice compression figure call pennant pattern. It can either breakout in a bullish or bearish way, just look closely to the evolution in the next few days and get ready to react.
Large pennant forming on VTC. This typically suggests a continuation of the trend, which appears to be up, but it’s always better to wait for the signal. If we get a good clean break up with a closed candle on the 1D chart, I think it would be a wonderful opportunity to buy. I have high hopes for this little coin.
Stop-Loss: 4$ Take -Profit1 : 4,67$ Take - Profit 2 : 5$ Take - Profit 3 : 6$ // Long Term Good luck folks
Market is currently testing bear trend and support @ $4.24
DMI about to confirm the buy signal, RSI following the upward movement. MACD crossed supporting upward movements, it's great time for Vertcoin to go where it supposed to be specially with the Bitcoin expected dip.
This coin has been on a very bullish run. I am expecting a deeper correction (not really that deep). This is a trading opportunity that I see and not an investing opportunity. What are your thoughts? Trade with care.