The Fall and Rise of VericoinVericoin is a really different coin. Is not like this or like that. Is Vericoin. He has some interesting inside like dual chain (that's hype and make him rapid), ASIC resistance (important feature for decentralisation) and is easy to mine. Vericoin is for veri people.
When we look at the charts we can see that after a huge Raise he came back to his standard values against Bitcoin. In the last months the price stabilised against Bitcoin (and everybody knows which kind of war machine was Bitcoin in the last months). That's means that vericoin is also veri strong.
When you look at RSI you can see that he is increasingly buyed but far away from overbuy. Stoch RSI indicate that he is relatively oversold. That's mean that he have good chance to increase. If MACD cross the line than we are done.
Good technology and good charts.
I think that the count down of major Tom can only be near.
Cheers Bionicol (a veri principiant trader)
Vericoin
VERICOIN Dual-chain project - Gatecoin + RebrandHi All!
Today we Long VeriCoin , bittrex.com .
Entry: 6000
Target 1: 9500
Target 2: 12000
Target 3: 15000
more targets to follow before Web Summit Nov 6-9th.
FA:
Veri team announced today listing on GateCoin.
There is an ongoing REWARD PROGRAM testing demand for masternodes for Gemini wallet. Claim your 2500 VRC reward for help test demand.
New YouTube channel with Weekly episodes ! Amanda 2.0 ;)
New wallet coming the following week.
Rebrand on October 25th!
Happy trading! ;)
VeriCoinBreak our resistance line of triangle and wedge. Working with fibonacci levels. Target moon!
$VRC Miners Like The Gainz For SoothVericoin has so much room to grow and is on a nice path up. I'm guessing at least back to 7500 soon after the last dip
VRC BTC VERICOIN JUST REINVENTED BLOCKCHAIN ALL INPrice at time of making this post: 16K
Vericoin just reinvented the blockchain: www.youtube.com
It is going to moon $100m+ 10x+ from here, 10m market cap 6/15/2016 while writing this
best of luck
VRC BTC 4H PoloniexWith a new weekly candle printed just over 12 Hours ago, this is where I expect some 'shenanigans' and movement and with the markets slight upswing overnight, I think a test of lows will come 1st. 4H RSI is getting a bit high, the forced red pennant is broken out with the 20MA & the 200 EMA well below price. The volume profile is too low for a continued strong uptrend, so my thought is we will retest bottoms one more time from this price level. Areas I'm looking at are marked with a red arrow,to see potential support & with my no fear buy zone, which is as expected at the bottom of a 6 month trending channel and a longer time frame pennant (blue). This would also cut downwards and threw the 20MA on a 4H TF and possibly touch the 200EMA on a 4H TF for a bounce & strong strong test.
If the market does begin to fall & re-test lows, this would paint a higher low wic on a weekly candle which has been the theme for Vericoin for the past weeks time and time again, and provide a decent trade set up for the rest of the week and into the next.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 1HLooking at the 1H it seems as if last afternoon & overnight there was some significant accumulation below the 20MA & 200EMA's with a break out around 4AM and sequential retests of those averages. (Red Arrows)I think theres a strong possibility to see a third test (green arrow) of the 20MA & 200EMA before any move to break orange line (Local resistance) is made. Today may provide for some additional volatility which could bring us into a strong end of week/weekend move.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 4HAfter the past few visits to the chanel top and beyond Vericoin seems to yet again be back down near a consolidation zone, or just above. After a run up to 18K, I think some sideways movement with minimal ranging is going to take place. This will bring the price closer to the MA on 1W @ 3D time frames, and allow the forces in the market to recharge for possible new local highs within the next 45 days. Vericoin's market always pulls back from highly over bought conditions as a healthy market should, yet is still on a very strong surge from the 1st of the year. Size buyers may have trouble entering a position at or near current prices so I will continue to look for and be ready for un-natural price spikes to take advantage of intra-day.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 4HAfter a rather volatile previous 5 days, it appears that Vericoin has come back to a consolidation area as anticipated. This is a repeating pattern, towards the bottom a trending channel and pennant (blue line). We are also under the cloud, under the 4H 50 RSI and showing a short term (4 day) repeating bounce of the 4H 200EMA. It has hit the 200EMA on a 4H time frame 3 times recently with the last 'tap' within the past 8 hours. In the past 4-5 days during theses taps onto the 200EMA the market has moved up considerably within 12 Hours of doing so. This does not necessarily mean it will again, but it may be an attractive entry point for some. Overall I still see the market as Bullish, with a needed and expected re-visit to this consolidation zone.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC 4H POLONIEXWell after a very over bought run to 18K, with no suprise we are now headed towards the channel bottom. With break outs, I expect the break-downs to be strong aswell, as we are already back into a pre-thought consolidation box. Retesting the channel lows I believe is a high probability putting us at somepoint in the 7400-7600 range. This price drop will be encouraged by BTC's drop aswell, as traders looking to trade against fiat will continue to realize a loss. Traders looking to increase their VRC or BTC position may capitolize on this as a period of opportunity. It is possible that there is a reversal channel forming (In Yellow) which may signify a a turning point in the market. Fact is VRC was not ready to break out to such a degree and now key bottom levels must be maintained or the reversal will be confirmed.
I am long trem Bull with VRC, I wont hide that fact, but even within a bull run is volitility, which can be highly rewarding to any one, from intra-day to increasing possition size.. which ever catagory suits you best.
Bittrex, another exchange with VRC has been breaking into the sub-9000 sat range already. As expected Polinex will test higher highs (run to 18k) and with that will come lower lows is my honest opinion.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC 1H POLONIEXAfter a huge move in Vericoin price earlier in the week as well as a BTC price rise yesterday and as Traders awake to $2,700.00 BTC I fully anticipate the Vericoin market to go back into its 'box of consolidation'. For those that may not have entered yet, this may be a decent entry point as it will signal a continuation of a strong pattern channeling upwards slowly over time & printing a bullish H&S on short time frames with a neck-line at around 11.8K Sat. Im also looking for a steep A-B-C on a 12H TF which may be currently half way done with C-leg candle printing now. This would be rather healthy, get us into a 1D pinch and put us right into the price target range if not even below. That being said, the volitility is an intra-day trading dream!
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 4H All Time Market Cap HighsA congratulations are in order for the Vericoin Blockchain, which has now reached an all time three year High of 9.01 Million dollars. Heavier than normal volume today pushed the price up to and past the current trending channel, yet pulled back dramatically as volatility and intra-day trading opportunities become more fruitful. It seems as if the bulls and the bears on this pair are slugging it out on the charts for some intense price action.
I still do expect a consolidation period, and after todays break to the up-side I expect the consolidation to test channel lows with force. When though is the question. Things with Vericoin are surely heating up as the chains value inches above all time Market Cap Highs.
If you are more interested in Vericoin and would like to find out more, below are some resourceful links.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC 4H POLONIEXAfter a slight weekend run up in price it appears for the moment we are about to re-enter a consolidation period. With BTC making new highs intra day traders that are looking to go into Fiat at higher BTC prices will be inclined to sell, however those looking to increase their BTC position or VRC position will be seeing the opportunity knock and strike when inclined. This may provide for some interesting intra-day volitility in the next week to ten days, and I completely expect VRC to be looking at new local highs within the next 4-5 weeks after consolidation.
As always, trade your own account. I am not any Market maker or any professional trader, I offer you no delusions of grandeur or false promises. Instead I just share what I see, and what I think.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 4HLooking at a potential 2nd consecutive Pennant top which would confirm continuation of a bullish trend. I would expect a local high here soon, if it has not already occurred (the flag pole) on the 12th. The main channel continues to trend upwards slowly over time as cyclic trading occurs within. Overall this is a very healthy sign and like the previous pennant I would expect some consolidation in the future.
As always, trade your own account. I am not any Market maker or any professional trader, I offer you no delusions of grandeur or false promises. Instead I just share what I see, and what I think.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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 every little bit helps us small timers.
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
VRC BTC POLONIEX 4HLast evening with some high volume in a 200 sat range (6700-6900 Sat), Vericoin (VRC) tickled the top of the pennant on many occasions. This morning it has broken that pennant with a small step, this may be the 1st indication of a substantial market move if multi-week resistance turns into weekly support. Coins for sale on the order book are down from 2.34 million to 1.97 million, and a significant amount of buy support is in place for now. Historically, this pair has a history of vanishing support, as over the past few days its been between the 16-18 btc range.Now there is 160+ btc on the buy side. I refuse to be 'that guy' to tell people that its there to stay, as I have seen it vanish just as fast as it arrives. (Just keeping it real here)
Longer time frame indicators are rather high, however on those time frames we are still at the time of this writing not touching the BBands on a 3 Day chart. All others are showing potential break out conditions. Buy support, fib retracements and volume will play a key in all of this.
My personal opinion is its a bit soon for 'the next leg up', however no market moves perfectly & I don't expect VRC to either, this does though make for some very nice intra-day trades.
As always trade at your own risk, this is just me sharing my ideas.
(for those that may be inclined BTC & VRC Addresses below)
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
twitter.com
VRC BTC POLONIEX20+ Days in the pennant and it is not breaking the bottom with increasing volume, presumably testing support levels. That pennant bottom is 100% critical to a continued steady up trend in the current fib channel as seen from the 1st of the year. A very steady 5 month move with a few intense points of heavy volume confirm this beyond the shadow of a doubt, HOWEVER, this is a market, and anything can happen.
Yesterday the development team released some very interesting news..
Twitter Post here: twitter.com
Essentially in a nutshell (the short and sweet ) They are implementing an industry 1st, a Binary-Chain combining a Digital Currency (VRC) and a digital Asset (VRM), this is not some copy-past hype bandwagon code, this is innovation and what actual development is, again leading the industry with a never done before technology, which wont be the 1st time the VRC/VRM team has come up with unique innovation in the crypto space either.
A snippet of the roadmap:
"... VeriCoin and Verium will be the first dual
blockchain protocol technology that will pair a
digital currency and digital asset. Forming a
cohesive financial system called a Binary-Chain."
Direct Download for the road map PDF is here:
www.vericoin.info
Strong Development coupled with a strong long time frame uptrend tends to be good in the long run as always.
They have a quite active slack channel as well with 300+ users, found here: vericoinandveriuminvite.herokuapp.com
VRC BTC POLONIEXAgain, pennant holding true. Slight volume increase, but certinaly nothing to get excited about. Even with BTC's current run up on 'some' exchanges, it seems to want to hold this current trend. All be it sideways a bit. Low buys at s1/s2 may be a fruitful intraday bounce play for a fast trade or even cost averaging down if in a Current position.
1D indicators show a significant amount of upside potential, where as 1W indicators are sliding a bit into a potential retrace zone for a quick play into S1 & S2 for a BTFD poop & scoop.
As always, trade at your own risk. Im no pro nor Market maker, just me sharing my thoughts.
VRC BTC Poloniex 2HThe pennant continues. Today looking at a shorter TF (2 Hours) & As Monday 'opens' (non retail), Stoch appears to be rebounding from a bottom (single digits). The weekends price action was fairly low in regards to any large moves with volume also on the low side.
12H Stoch looks very promising as we have a potential break out of the BB squeeze on that Time frame.
1D Stoch is in the low 20's
3D & 1W are retracing as we continue to have an overall sideways market for the past 11 days .
Off the Chart news, VRC & VRM's new Slack community continues to grow, with 100+ new members in the past 14 days.
As always, trade at your own risk. I'm no pro nor market maker, this is simply me sharing my idea with the public.
VRC BTC POLONIEX 4H2Seems as if overall the Pennant is holding and with new support levels to be printed in less than a day unless a break out to the upside happens beforehand, the weekly pivot I believe will come down to lower levels than this current week. Tomorrow being monday, and any possible non-retail traders involved (and bots) may see this as a weakening market and start to sell to reduce risk. I still believe a down turn before a break up is more likely than not 5600-5700 to be followed by a sharp upturn. 4H Stoch is getting rather high again, however the 1D is rather low. The 12H appears to be bouncing at the time of this write-up off the 20 showing potential Upwards sloping H&S. Yes, I realize H&S is a candle pattern however sometimes these infact do also show up on indicators, and I'de like to entertain that idea as a possibility. 12H BB's are squeezing rather tight now with this current 12H candle with a solid bottom right on the 12H MA. Tight stops when entering this are recomended, if infact there is a drop & pop tonight & into tomorrow to reset some of the lower Time frame indicators. Big moves usually come when everything is well in alignment.
I have added some date ranges (24 Days & 11 days) Altho this may not be a great tool to use alone, it can give some insight as to if & when a move may tend to happen.
March 5 - 29th : Sizeable move, indicators roasted, profit taken
Mar 29- Apr 10: Cool down period retest support levels / accumulate / indicator resets
As always, this is just an idea, I'm no pro, nor any market maker. Trade your OWN account.
VRC BTC POLONIEXIt appears that we are in a lower volume consolidation better seen on the 1D as shown. A flat-top wedge (red Line Top) within a Pennant. The 1D B-Bands are squeezing hard. Theres no question something soon is going to happen, however the low volume trend in the past few days leads me to think that a downwards push into the mid 5000 Sat range is not only possible, but more than likely to happen to test support in the 382 fib Channel that Vericoin's been wicking into for the past 10 consecutive days.
The opposing scenerio: The slightly heavier volume candle from the 24th cleared the way towards the top of the 618 fib, typically I would consider this however until todays 1D Candle is finished printing it is hard to tell on this time frame. Poloniex does tend to like to test extreme highs & lows, however I dont have access to bitrex VRC data as Trading view does not support it.
I would look for breakout confirmation before entering this unless your currently in a position. Wedges & pennant information can be found here if your not familiar:
www.investopedia.com
As always, trade your OWN account, Im no professional nor a market maker. This is just me sharing my ideas with the public.
VRC BTC POLONIEXSeems the past 24 hours has been a slice of humble pie for me. One thing I have learned in trading is if you cant admit you were wrong, you will never be right. I was wrong. Now changed to a yellow line, this was my suguested bottom trend line . It was broken under very light volume for a hand full of candles.
Increased buy support today up from 13 BTC to 100+ btc in the 6000 Sat Range. It's entirely possible that the low volume downwards pressure was stop-loss hunting, which would be expected due to the recent volitility.
If the now slower & more progressive upwards trend continues, I would expect a push up past the weekly pivot , so that next week's pivot prints in the 7400-7600 sat range.This of course could fail, and head to the current weeks S1 to test the recent buy support.
Between points A & B there is a lower Timeframe Inverted H&S formed however it is not strong.
Between Points X & Y there is a large & Strong 'W' being printed, it is possible the left side of this and the Initial push was an effort to sweep out any trading bots before a large push. (A rather known and common practice)
Solid Body Candles up to and above 7182 (Weekly Pivot ) may indicate a strong short term upwards trend for day traders.
24H Volume on Poloniex Only: 15.74 BTC
RSI Levels: (As per trading view data)
1H: 72.18 Up From Yesterday
2H: 66.93 Up From Yesterday
3H: 64.00 Up From Yesterday
4H: 59.57 Up From Yesterday
6H: 61.97 Up From Yesterday
12H: 58. 7 Up From Yesterday
1D: 60.16 Up From Yesterday
3D: 70.97 Up From Yesterday
1W: 60.97 Up From Yesterday
1M: 50.93 Up From Yesterday
As always trade at your own risk. I'm no pro, nor am I a market maker. This is simply me sharing my thoughts with interested parties.