This morning I have up a 4H TF, and looking historically (points A & X) pre-consolidation I see a very similar pattern under a significantly heavier volume profile that may play out now that Point 'B' has Printed. If this is infarct the case I would expect point 'Y' to print similar to point 'X' however there does not seem to be available coins on the orderbooks to make it a n identical volume profile. I am holding strong in my belief that there is hidden Bull Div all over this and if point 'Y' prints to expect a 2nd pull back, under the weekly pivot for re-consolidation.
Roughly 24 hours ago there was a bounce off the fib retracement .236 as I had charted it 11k High 5800 Low. Price is now hovering around a .382 with the same price points.
All said and done this still looks very promising as a trade set up on any time frame. Longer TF indicators are coming down, and shorter TF indicators are now oscillating, not to mention that in the past three years Vericoin (VRC) has only tickled the 1W RSI of 70 a few times. This is by no means a large market move, and the more I look at it, the more it reminds me BTC's pre bull run charts.
Aside from the charting and market movement there is quite a bit of activity within the development circles and community. I would ask that you also take a look at some of the material available below that highlights some of the up and coming industry 1st's including but not limited to a binary-chain co-existing with VRM which in itself is groundbreaking.
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