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...
The price action is in PRZ area of gartley pattern and from here soon it will hit the sell targets insha Allah.
The targets are:
Buy between: 0.00011228 to 0.00008841
Sell between: 0.00013095 to 0.00017594
Atif Akbar (moon333)
Vertcoin is approaching that beautiful support line. if it does, that would possibly be a double bottom for a nice reversal.
at any rate, the RSI has only been lower than it is now three other times, all in 2018. each time it took an average of 6 days to gain an average of 20%
If you were already planning on buying an altcoin, go ahead. but if vertcoin hits that...
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...