And other clear trade, 30K objetive as long as the blue trendline doesn't break, after a nice double bottom in 4h. As with all altcoin trade, everything depends on what bitcoin does, If btc goes up and draws new ATH, spect maximum bleeding in all alts.
Looks like Vertcoin its getting ready to broke the downtrend drawn for almost a year. Clear trade with clear objetives, between 6-8k. There are just two condition I need to confirm the trade:
That price brakes the 4.1K maximum, as a confirmation of the broken trendline . And that bitcoin stays calm for some days. ...
Sonner or later, but the target its the same. If we brake 500$ in the next days, I spect reaching 1k before spring, for an approach to 3-4.7k before the year ends. If the last support drops (blue one), We may see again prices near 300$, even 250, for a longer rally in 2017.
My main counts are
1) end of 2014-15 correction, time for a new rally, expecting maximum near 3670$ before the start of spring, 22 of March, or a longer one that we would take us near the 6-8k $ for the end of 2016.
2) The 500$ of november 2015 are the top of the B and we are going directly to C, near ...