VRC BTC POLONIEX 4HThis 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.
Homepage: www.vericoin.info
Slack: vericoinandveriuminvite.herokuapp.com
Twitter: twitter.com
GIT: github.com
Roadmap English: www.vericoin.info
Roadmap Spanish: www.vericoin.info
Roadmap Chinese: www.vericoin.info
My Twitter: twitter.com
If this has helped you in any way & you are inclined to do so, a small thank you can be sent below.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
Fintech
See bearish on YRDWe saw triangle and limit downtrend for YRD. 20.9 support is crucial at this point and to see if YRD could hit 24.19 to gain its momentum, but for short-run, it's bearish trend
LONG BTC and a BULL Pennant This bull flag on the btc/usd has just about run its course. Looking for the squeeze out now to the upside. What do you think? Can the the lid be kept on thing forever?
RunningAlpha.com Capital Upgrades $JO to Strong Conviction BuyRunning Alpha Sentiment Intelligence is currently indicating that the Coffee market is turning the corner iminently -- look for a massive rally from here into 2017. Nominated for the 2016 Benzinga Fintech Awards this May in New York City, RunningAlpha is dedicated to providing actionable intelligence.
$SQ Cup&Handle Breakout FIb ret. and continuation of trendSquare's trend has changed, if you don't belive me take a look at this chart! Following an unsuccessful IPO (Can't think of any successful one in today's market enviroment) it bottomed out at $8.05 and volume dried up, subsequently it started gaining momentum volume picked up and reached a level of 12.64 forming what looks to be a cup, then the handle came along at a theoretically perfect retracement level 38.20% in Fib terms. The breakout pushed the stock beyond the high of the left side of the cup, and volume is continuing to increase signaling fresh buyers. Adding to all Mizhuo initiated coverga eof the stock issuing a BUY rate with a target of 16$ (www.marketbeat.com)
