VRC
VRC BTC POLONIEXNew Weekly & 3D candles seem to print a lack of market confidence. Perhaps a cool off time however in watching the order books yesterday and the extremely low volume, I dare say we soon will see new local lows. Liquidity is poor, and the sell side of the books is building dramatically with near 2 million coins on orders. I have a target between 6400-6800 sat which will take the price below the 200MA on the 2H , right at the bottom of a channel that has formed. Currently I have no position, and wont chase price at the middle area of this slow upwards channel. There is simply not enough volume nor liquidity to enter now with bid walls being lowerd as soon as they are touched. To me this is price-propping and again the longer time frame doji close and RSI down turn on the 1W says price will go lower.6 & 12 HR pinching. Trade the set ups and price action is my rule of the day. Tight stops at the bottom of the channel incase of a complete breakdown of trend. Same with a break out super tight stops.
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 was a new 1 Week & 3D Candle at 0000GMT as well as all the other time frames. In the past two hours while watching the 1W RSI, it has now turned into willie (68.25). Tipping up, then down, up then down, there is some indecision in the market which could indicate a move in either direction. This is a very crucial point for Vericoin as far as fundamentals go, we either breach the 70 RSI on the 1W time frame, or we start moving down, into a longer time frame re-consolidation, 6 mos to 1 year. Waiting for a clear signal on market direction may be a good idea.
It should also be noted that the previous weeks candle opened just on the 200MA, dove well below it, and climbed well above, closing roughly +1100 sat. If this weeks candle shows similar movement, it could send the 1W RSI into a downwards closing trend. Wither way, the volatility makes for some great trades.
I think a retest of the 200MA is a very possible scenario (mid to low 8's.), then again if the market is indeed showing strength (Which I believe it to be), there will be no need for that as the previous week's candle already did this and failed to close below.
As always, I'm no professional nor market maker, I'm simply sharing my ideas with the public.
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 2H POLONIEXAs clear as day, VRC is flagging a bit on a shorter 2H TF. From the local low of 6700 to a new local high of 12599 to now 9000-9200 ish is to me a very healthy sign, and hanging very strong on .382 retrace. One of the very notable things about the past months price action is it seems to be respecting fib-levels, which is key to attracting the attention of traders. Our last upwards price movement was followed by a retrace down to the .236 levels then consolidated. I am not saying this cant happen here again, however if it does not, this will indicate to me yet another bull signal & increasing market confidence. You can believe I will as a trader look for these levels to come though, and if they do drop to a .236 that would put VRC in the vicinity of 8260-8000.
Higher Timeframs as we approach 3 year 1 week RSI highs, may deter some as they may see this as high risk, however I am an absolute steadfast fan of higher timeframes, and when for 3 years roughly there has been no 70+ RSI break out, that spells major, major long term consolidation to me. If the price breaks up, it will go hard, if the price draws back substantially, we can be in for another drop from the 1W 70 RSI area for additional consolidation.. its truly any ones guess. Also duley noteable new 3D Candle prints tonight @ 0000GMT (8PM EST)
As far as intra day goes, I would not expect nor anticipate new local highs. Perahps another small run to high 10's or mid 11's however for another leg up, consolidation needs to happen again in my belief.
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 Cup and HandleFor me it looks like VRC is forming a Cup - Handle pattern.
Supporting Information:
- Strong Support at 10330 sat
- Increased volume
VRC BTC POLONIEX 30MAltho not a fan of short time frames, as I tend to trade longer time frame set ups, I think this is a bit of important information to consider. Looking at a 30M chart, after the very low voulme retrace, and running a 20MA you can see the constant strikes from below the 20MA up to it and slightly beyond, again and again and again. To my eye this is consolidation, to try and not 'rock the price' too much that is confirmed with volume nodes. Also you can see a clear bounce from the .236 to the .382 with ranging inbetween in the short term. Again price is respecting fib level retracement points followed by consolidation.
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 2H POLONIEXPotential Tweezer bottom broken by current candle. Look for and expect the 200MA to get touched. We are surely retesting support levels at this point as RSI on 6H and higher Timeframes continues to move lower. A text book ABC correction, would plow threw prior weeks price levels as if last week never happend. I dont think that is in order here as the volume on the drop from 11K was very low, however on a 12H time frame a full retest of even last weeks support takes us to 5300 sat, the bottom of the 12H Bband and surely a sharp down turn indicator wise. There have been some nice intra day plays, however if the 200MA doesnt hols on a 2H I think we will retest the lows of the past 30 days. This would also plow right past the last few weeks wedge, and probabaly destroy any chance of seeing local highs again for quite a while. I have been buying the 200MA on this latest dip, however have a tight stop loss and have no problem fomo re-entering if the market displays stop-loss hunting characteristics.
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
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
VRC BTC POLONIEX 1DOvernight with a surge in BTC/USD prices Vericoin fell a bit causing a much needed down turn in the majority of the indicators. This ofcourse after a slight BB break out of a solidly defined Pennant and is now testing to see if infact prior resistance levels have turned into support, textbook trading here.
This may be a good bounce entry now or very soon depending on the markets reaction, however the volume profile was rather low.
I see this as heathy and needed, as well as expected after such a sharp upturn that went far past where I thought it would go, in the time frame that it took to get there.
To my eyes this is a Hidden bull div as the RSI is lower with higher prices from the last peak. Longer time frames seem to agree as the 1W RSI has not even touched the 70 level yet and hasent for almost a full year. To me this is all consolidation, over a longer time frame that intra day wont see, however time will tell on this.
I'm no professional, nor am I a market maker, This is just me sharing my personal thoughts with the public.
If you are not familiar with Vericoin some items of interest can be found below:
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
VRC BTC POLONIEX 4HThis weekend has been a nice small rally for Vericoin. 24hr Volume is just past $600,000 USD, and the market has moved with the trend. I'm not quite ready to say VRC is in a bull run quite yet, as the weekends highs arnt very much higher than last months run up, which brings me to my next point. Weekly Support and resistance levels. Weekly Pivot at 7785 which is up from last weeks which printed at 6677, 1000 Sat difference. However the bands have opened up significantly, moving both Resistance and support levels wider with it. On Vericoin's initial run up last month R3 was at a price of 9103 and Vericoin hit this level once with three very significant attempts to hit that lever again which failed. At the time of this write up Vericoins current price is 9346, not much of a difference. If in fact Vericoin is in the beginnings of a bull run I would think that these resistance and support levels and tests will continue. This weeks R3 13844 (roughly). However, many if not ALL Longer time frame indicators are very high. At some point longer timer frame indicators must come down, nothing goes skyward for ever I think we as traders all know this.
Also, it is of due notice that for the past 12-18 hours the poloniex order book with coins offered on market has substantially dropped. Pre run up a month or so ago all available coins on the sell books were roughly 1.2 Million. After the run up that rose significantly to 2.34-2.14 Million coins, however after the weekends small rally & at the time of this write up there are only 1.58 Million coins on the books. (Total in circulation is 29.9 Mln). It is known that polo had some service outages yesterday, however if memory serves me right the orderbook available quantity was reduced beforehand.
I'm no professional, nor am I a market maker, This is just me sharing my personal thoughts with the public.
If you are not familiar with VRC some items of interest can be found below:
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
VRC BTC POLONIEX 1DI think it is safe to say that the multi-week pennant has been broken, however with every small break out come a upturn with the indicators obviously. Do note the 50 RSI bounce on the daily. Now that there has been a small market move, I would expect to see some increased volatility, in both directions under lower volume conditions for another indicator reset over the next week to 10 days.. Of course this is on longer Time frames. Shorter time frames seem to be respecting typical fib retracements for the moment. All in all VRC(Vericoin) seems to be in good shape, with a slow and steady upwards momentum.
Interesting points of interest in the past week that may have nudged the move just out of the pennant:
<-- English version & Chinese Version --> Only a few days old & announcing some blockchain 1st's. The VRC Development team has always innovated, and never simply 'copy-pasted' new technological ideas in the cryptography space. This is very a very important and notable difference between many of the coins that exist in the space that are simply nothing special nor innovative, catching these gems early is a huge key in this, especially when there is no wild hype yet.
Their Slack community is growing quite fast in fact when I have learned about it there were only 150 or so members, it is now 360 as of this writing up 2x in just 2 or so weeks. Community growth is always a plus.
Slack community chat found here: vericoinandveriuminvite.herokuapp.com
Twitter: twitter.com
Home Page: www.vericoin.info
If your inclined to toss me a thank you that would be great, hopefully this has been good information for you.
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT
BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
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.
VRC BTC POLONIEXUnder lower volume conditions and a slight upswing in BTC Prices vs the USD in the past 24 hours, it is possible V R C has reached a settled price range of 6k-6200. I would expect, that under these conditions that market makers will try to break the green bottom trend line with a push to weekly S1 5400-5500 area. A break out is still of course possible, however with every wic down below this green trend line, to me that shows a significant lack of buy support as price hovers between weekly pivot and S1.
The yellow channel is a potential forming down trend. If the USD Value of BTC continues to rise with strength, I would anticipate this downward channel becoming dominant.
This all being said, there is still a rather strong force in the market now as seen by the higher weekly Pivot's.
Within the Indicator window I have underlined in black potential consolidation, however volume doesn't seem to be there. Lack of sellers, or buyers which ever is the case.
RSI Levels: (As per trading view data)
1H: 46.01
2H: 43.12
3H: 40.99
4H: 39.79
6H: 45.79
12H: 40.73
1D: 54.49
3D:67.00
1W: 60.42
1M: 50.77
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.
(I had to repost this as I forgot some data, sorry if that was confusing)
VRC/BTC Poloniex 2HBouncing off the upwards trending bottom of the channel on sunday/monday however velocity was low. There is a potential down-side channel forming Leading to support Level 1 (Yellow Channel), and current resistance short term seems to me just below the weekly pivot @ 7189. This could be another good entry for an R2 Breakout like what happend on the 10th. R2 sits this week at 10,500.
The charting also seems to show a similar yet smaller duplication of price action from the 7th threw the 10th (pre break out) On the tenth R3 was hit on a wick. This weeks R3 = 12,100.
Personally I do not see it likely that a run to R3 this week is a plausible case. Reasoning: The 1st trip to R3 on the 10th was VERY short lived with multiple wics encountering heavy resistance. R2 seems to have been met with candle bodies 5 times in that four day period. If this is an uptrend (Still needs to be confirmed) that resistance may become a new support level, which would be above the weekly pivot.
In addition a wedge is also being formed (Green Line A & Blue Line B) Traders love their wedges and we are on what appears to be the bottom of that wedge. It may be a decent bit of price action to play the wedge aswell.
If line A breaks significantly, this could go into a longer term down trend for consolidation at much lower levels. Green Line A is 100% critical.
As Always, this is NOT a forcast. I am NOT a professional, nor am I a market maker. This is simply my personal idea shared.
YOU TRADE at your own risk!
VRC/BTC Vericoin PoloniexAt the bottom of this channel that seems to have formed. Today should confirm or reject a trend potential. Min Upsid.e 6730 (if the cloud rejects further), Med Upside 8200 if the cloud is entered but the wedge rejects., max 9200-10.5K if the wedge is broken under high volume across all exchanges.
Heavy Resistance at the 9000-10000 range as shown historically in the past 13 days.
As always this is simply an observation of mine that could play out profitably. I am no expert, nor market maker. Trade at your own risk.
VRC/BTC Vericoin 4HUnder the Ichi Cloud consolidation and indicator reset. It appears a trend channel has been formed. If Resistance becomes support under increasing volume a significant break-out could occur. Or a 3rd wave within the channel possible.
As always this is simply an idea & does not constitute what will or may happen.