Get started

VRM

Verium Digita Reserve (VRM) -- Falling Wedge (Reversal)The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout. The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns. I don't think it will break the resistance zone of .00062860 in this first falling wedge breakout. I think it will most likely hit the resistance zone area then retreat for further consolidation before further up growth breaking through the resistance zone. It will probably form an Ascending Triangle (Continuation) along the resistance zone before breaking through for more growth heading towards the first profit target of 0.001200.
V
by jbotos
Verium - ancient technology of dual-blockchainHi All! Today we buy Verium . Entry: 45k sat Target 1: 200k sat Target 2: 300k sat This mysterious dual-blockchain coin has only $3m market cap. As the developers have had a few beers in Goblin Town, the Goblins are now buying. We see Verium as Gold, transferring our precious Bitcoinses into Veriumses. Happy trading! :) P.S. This weekend starts YT series, next week release of wallet, upgrade of protocol, revolutionary Gemini wallet is on the way and hold yer breath here, these Verium developerses have something huge-huge ready for y'all to unleash at WebSummit Nov 7-9th. Also, some Veriumses talked Russian, Chinese, Japanese, Korean during their stay in GT. Ancient prophecy... big exchanges... p.P.s. Goblins take profits on Bitcoin at $5.8k, Bomba!
VLong
by MarcelV
19
VRM (VERIUM) BTC 1D BITTREXI dont have to really say much here, this chart quite absolutely speaks for itself. This is not some 5 minute pattern, and a solid Cup & Handle playing out as it should. With an extremely hard to mine coin, (CPU MINING) and roughly only 1.21 million in circulation, the bulls have collected and as shown are soon to start pushing. This coin is not easily minable , with only the most powerful data centers are able to even get a mere 100 coins per day. The average user who mines this will be lucky to get 1-3 coins per day, with a single SBC Miner to be left with fractions. This is the sister coin in Vericoins Binary Chain roadmap, and information can be found at some of the links below. With that being said, I think that for both short & long term traders, there will be plenty of market action to take advantage of in the next 6-8 months, so if your're a day trader, scalper, or a longer term speculator, this is positioned to make an impressive run. There has been a trading 'group' that is quoting price targets, however I think in the long haul this has a much MUCH higher potential to produce significant gains from current market pricing. Homepage: www.vericoin.info Slack: vericoinandveriuminvite.herokuapp.com Twitter: twitter.com Roadmap English: www.vericoin.info Roadmap Spanish: www.vericoin.info Roadmap Chinese: www.vericoin.info Roadmap Progress --> portal.vericoin.info Mining Statistics --> veriumstats.vericoin.info
V
by BTCFailWhale
VRC BTC 4H POLONIEXCleaning up the chart and we look at basics this morning. In the past months, The 200EMA is playing a vital role with VRC price action. Shown are the 20 & 200. 200 Being yellow. VRC as expected slicing threw this short time frame average, and now looking to re-connect with the 200EMA. This will be a strike point for me if hit as well as anything below. If the longer term trend holds, this should make for a decent area to consolidate around to bring down some of the longer time frame indicators. Entry points are coming!
V
by BTCFailWhale
VRC BTC 4H POLONIEXSeems like the Vericoin market has created a short term (red Pennant) within a longer time frame repeating pattern (blue pennant). I still believe that the blue pennant will play out, and there will be another drop in price into the green consolidation zone. This Red pennant is highly forced as show my the market reaction, and if it breaks it should fall right back down at the green channel top. That isnt to say that it will though, but it should. As bitcoin rises back in USD value the timing would be well suited to head towards the consolidation zone or even below to the channel bottom, however with the recent volatility in Vericoins price movement, it leads me to think there is a few different forces at play. All of which are excellent for price action & intra day of course, however I dont see a solid set up at the moment. I tend to not trade lower time frames, however under increased volume and volatile conditions I frequently do enter into a trade with tight stops to see how it plays out. This being said I'm also not seeing any similar volume nodes to indicate a price movement out of a consolidation zone, so I will be keeping an eye open for that as well. In other news The Vericoin and Verium team has begun work on expanding and upgrading their website. With the recent news and influx of new entrants into an emerging market, simplifying and making information more easily accessible has become a project of a few showing a more modern, sleek look that immediately begins to explain the soon to be released new protocol for a binary block chain. The re-vamped page is live and seen simply by visiting the URL posted below. Also this week, VRM (Vericoins asset) reached a high of $1.23 on Bittrex, which is of no surprise due to its very low supply. More information on VRM can be found on the Vericoin's website as well. 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
V
by BTCFailWhale
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
V
by BTCFailWhale
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
V
by BTCFailWhale
2
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
V
by BTCFailWhale
1
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
V
by BTCFailWhale
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
V
by BTCFailWhale
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.
V
by BTCFailWhale
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)
V
by BTCFailWhale
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!
V
by BTCFailWhale