Vertcoin found its bottom, potential 40+% growth on VTC/BTC
Updated
Hello everyone,
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 frame, it can be found that this coin has hit a price point that is very close to its all time low in terms of BTC. Historically this has been a point from which the price bounced very aggressively so I think the same will happen.
A lot of indicators like EMA 50, EMA 200 and Ichimoku clouds are showing that the coin is still bearish, but based on support levels and RSI that is trending upwards, I will respectively disagree.
Targets as the entry are drawn on the chart as usual.
Enjoy the trade!
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 frame, it can be found that this coin has hit a price point that is very close to its all time low in terms of BTC. Historically this has been a point from which the price bounced very aggressively so I think the same will happen.
A lot of indicators like EMA 50, EMA 200 and Ichimoku clouds are showing that the coin is still bearish, but based on support levels and RSI that is trending upwards, I will respectively disagree.
Targets as the entry are drawn on the chart as usual.
Enjoy the trade!
Note
First target on 0.00002998 reached.Already about 10% up from the entry. This is a correctly timed trade for sure.
Trade closed: target reached
All targets have been reached.
You can sell everything or keep holding. VTC is looking pretty good long term as well.
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