$CRV/USDT 4h (Binance Futures) Parabolic curve under resistanceCurve DAO has grown a lot after breaking out bullish, now approaching supply zone we expect some rejection up there.
Current Price= 2.303
Sell Entry = 2.349 - 2.435
Take Profit= 2.156 | 2.020 | 1.820
Stop Loss= 2.581
Risk/Reward= 1:1.25 | 1:1.97 | 1:2.7
Expected Profit= +19.74% | +31.1% | +47.82%
Possible Loss= -15.80%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
VRC
Looking for a new GEM ( shit coin in crypto )Willing to buy my own bag ( that I sold in June ) if it breaks the downtrend-line.
WHAT I LEARNT 2 YEARS OF TRADING IN THIS CRYPTO MARKET!
1 ) Trade with BTC pair in a bull market, trade with USDT pair in a bear market. Don’t confuse it!
2 ) Less is more! Don’t use more than 4 – 5 indicators at the same time.
Trend lines, Moving Averages, RSI , Fibonacci levels and Chart patterns. Drawing lines are the most important indicators in any market.
3 ) Averaging down is the worst strategy. Averaging up is much better! You should buy coins when they’re on the way up in price, not on the way down.
Bear markets can last as little as three, six, or nine months or as long as two or, in very rare cases, three years.
So, there really is a right time and a wrong time to buy a crypto, but understanding the difference requires some study. There’s no such thing as being an overnight success
Looking at #Vericoin #VRC and wondering if it's time to riseA friend asked me to take a look at an oldie and here's my view for #VRC / #Vericoin on a daily chart.
Looks like it's on the edge of entering a lower level of a main descending Speed Fib Fan and crossing it with Ichimoku patterns I can see a move like that in the following months. Maybe it won't be exactly like that, but it has a lot of room to move around and the ghost pattern is just to show what I would like to see regarding all support / resistance Speed Fib Fan levels. I've also added some Fib Levels for probable targets in a future possible push.
This is a hard call to make but then again I can be totally right... "Time will tell" :)
The History of Vericoin Vericoin started in 2014, essentially as a Blackcoin clone (if memory serves). The development team (Patrick Nosker, Doug Pike, and David Boehm) has been very active over the years and still all work on the project.
And the price: Looking at the chart, you will see five (5) price bubbles I am calling attention to since 2014. Since then, the price has never really dropped below 2000 sats, and bottoms are typically found around 4500 (the red accumulation rectangle). These bubble cycles vary, but seem to last around 1 year; we are currently around half a year on the downward trend of a cycle. If you were to average in between 4500 and 2000 sats on your buys, you would have an average buy in price of 3250. Based on the history and using 3250 as a base, this coin has a high likelihood of a jump to at least 200%. I see at least 5 times it has entered and exited the accumulation zone and hit this 6500 level. Additionally, I see 10 times it has broken the 13000 level (400%), and Four of the Five aforementioned bubbles have broken the 26000 level (800%).
This is not investment advice, but the history is evident. Do your own research and good luck trading.
VRC is about to turn and make yet another 10x pumpHello Lads and Ladies,
VRC respects its pattern very much on a big scale and only on the big scale you are able to se the HUGE 10x pumps. So if you apply the same pattern and look at the increasing resistance of the pumps, the next pump is going to happen quite soon and will be heading towards 0.00045000 at its peak. The BUY ZONE lies between 0.00004000 and 0.00002050. Everytime the Chart has come into this area, the next pump has started very soon, so set an alert for at least 4k satoshis.
Cheers, Tomas
VRM - USD Daily BittrexEvery trader worth their salt knows that relying on only one indicator is a poor idea. However, its what you do with each indicators signals and how you interpret them to try and maximize entry's and exits. That being said, VRM has sprung out of a 1 Day RSI condition it has never had in its entire history on a daily time frame until March 27th - April 2nd and thats an "RSI Below 30".
VRC Analysis - Short Term Bullish TrendAfter a bullish 'Cup and Handle' pattern was completed on the 3rd March, VRC appeared to find resistance around a long-term resistance trendline before bouncing off an shorter-term upward support trend line. VRC broke the long-term resistance later on the 3rd March and jumped 20-25% before further increasing after a temporary lull to hit the upper long-term resistance at around 13000 sats. With a gradual descending trend, VRC formed a 'Bullish Pennant' pattern. Meanwhile, RSI gradually decreased to the low to mid- 40s while the MACD suggested bearish divergence. The Bollinger Bands indicated reduced volatility on the 5th March as VRC approached the resistance of the Bullish Pennant. WIth the RSI now in the low 40s and MACD suggesting a bullish divergence crossover, it rallied with a 30% jump before reaching once again the long-term resistance.
VRC appears to be in another downward trend forming yet another 'Bullish Pennant' pattern bouncing off a long-term resistance line that transitioned into a new support line. With the long-term resistance line come support converging with the short-term support line of the bullish pennant, the Bollinger Bands are once again converging suggesting reduced volatility. RSI hovering around 40 into the high 30s as the MACD continues a smaller magnitude bearish trend but converging to what may be another bullish divergence crossover.
The repeating bullish pennant pattern, coupled with the strong support and favourable Bollinger Band, RSI and MACD indicators suggest that VRC should make another run, potentially up to around 12200-12500 sats (~30%) if it reaches the long-term resistance once again.
VeriCoin following previous pattern - News and UpdatesVeriCoin follows a predictable pattern of lows and highs with an increasing price level every movement cycle. Development team continues to work on developing their technology working on both VeriCoin and Verium (Most development teams struggle to just develop one coin lol). With a truly unique approach of using one coins mining power (Verium $VRM) to speed up and confirm blocks of another (VeriCoin $VRC) using their unique technology called the Binary Chain (AUXPow). VeriCoin can increase it's TPS(Transactions per sec) +600 and beyond while staying on chain and decentralized(Most high TPS coins are centralized like XRP and NANO). Also rumors of new exchanges (one big new exchange, and several others) for both coins seems to make both extremely undervalued with a very low supply for both VeriCoin and Verium it's only a matter of time for both of these coins to be in the Top 100
Vericoin Pre-pump phase ? Hello huys today I prepared for you another TA.
Vericoin just published new mining pool and they are trying to be listed on Cobinhood those circumstances can affect the price.
At the moment is VRC in consolidation, low volume is happening every time when the price spikes and litterally explode.
Buy : 10-11k sats
Stop loss: Bellong strong support if btc decide to go down
Target: 1) 12.5k sats
2) 15k sats
3) 18k sats
4) 20k sats
Swing trade
Have a fun
VRC oldboy road to 55000 sat, retest and forming giant c&h?Looks like vrc want to test the 55000 sat just look the parabolic sar sign. Wil it?
Marketcap 44.000.000
VeriCoin - Undervalued? Big VolumeBig volume incoming on VeriCoin.
Good tech & team.
Im long on this.
Short term target: 10$ !
Good luck,
This is not financial advice, do your own research before investing!