VTC
#Vertcoin possible $16 before the Halvening (or near it)?Corrected chart with the Halvening set on the correct day (12.12)
All the remaining info stayed the same...
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#Vertcoin possible $16 before the Halvening? 1H chart #VTC #USD1H Chart and a possible outcome that points to a possible run to 16$
VTC BTC - Possible Inverse H&SVTC after making a double top, lost almost half of its value in past few days.
This presents a significant buy opportunity, followed by lucrative targets. Currently we are observing formation of a possible inverse H&S. Buy order should be placed above the H&S confirmation level (0.00053). Also, note that 50MA is coinciding with the H&S confirmation level and acts as an important catalyst. Resistance levels are marked via orange rays on the chart.
Once purchased, Stoploss can be placed around 0.00049. Ignore the chart if price falls below 0.00045 without making H&S.
Happy Trading :)
Don't PanicLooks oversold on the 4 hour, lets see how the candle closes. If BTC consolidates above 12k those who sold vert will want back in.
VTCUSD VTC testing lower support before moving higher again. On 1H chart MACD is negative, RSI is also in negative zone, but should find support under 40 level. I expect the support will hold and we should move higher to first target $12 and then $13.
VTC punching into low teens soon- TO STAY.Prediction and analysis of VTC for a shorter period. Indicators for future are based on rally movements over the past weekend. Essentially this chart indicates that VTC will be reaching 10+ (stabilized) over the next day or so. The news about Vertcoin recently is that A) The teams on the cusp of releasing the AMD one-click-miner; a program for mining Vertcoin from AMD based video cards. B) An schedueled event in their blockchain called 'the halving' where the mining reward is halfed, essentially meaning less volume will be coming back into the market in the near future.
VTCBTC "Oh no he didn't..." Multi year resistance breaking soon?Disclaimer: I was a VTC bear. A bit butthurt as I bought and sold VTC years ago during one of its pumps. Whatever.
I don't actually see the value in VTC right now. I remember my brother being pumped about it so i checked out the chart. This was a couple months ago. Damn, thought. This chart is rather bullish. But I still thought VTC had no purpose.
As the halvening approaches for VTC, i suspect this will be the catalyst that breaks this this ridiculous multi year resistance line.
A user here named Lewis Glasgow use to hunt down coins that had charts like. Massive pumps early, years of accumulation...and then the graph magically mirros the previous pump.
I will consider this a trade opportunity...but i still don't see VTC as much more than that.
VERTCOIN VS. VERTCOIN If there is anything that can stop the VTC bullrun, it is the VTC itself.
I refer in this way because of its levels of resistance in strategic walls that change with the days.
If volume, interest and trajectory continue strong, we will see a Vertcoin reaching target prices.
Good trading, good profit for everyone!
VTC - correction triangle then more impulses upVTC - correction triangle then more impulses up?
More triangles in crypto land. This could be a nice move up!
[UPDATED] VTC 7 day price predictionYesterday evening I believed this chart was semi accurate. I believe it's more accurate today. I've examined a few changes threw out the night and early morning that lead me to believe that it will not drop in price in USD as significantly during a brief correction period. Yesterday I was fairly confident that it would fall below 6 USD. I am retracting that and noting that if it did it would be quite a dead cat bounce of manipulation. The safest prediction over the next roughly 6+1/2 days are a low of 6.52 USD APRX. The 'sweet spot' to examine in this prediction is the 'Triangle of Emotions'. It was found by averaging out the last 3 highest and lowest oversold/underpaid bars before this current downward slide. This chart was initially intended for best purchase/entry points for maxing ROI for long periods. It's updated version may have more information for Daytrading then it's previous version.
Vertcoin's Support & Resistance ahead of its "50 to 25 Halving"We have added more support/resistance lines for Vertcoin. This is based on our analyst Tony's math. This is a follow up to our first post on Vertcoin just over a month ago. We have provided support and resistance lines that have held up pretty well and we are expanding now expanding our projected resistance levels ahead of Vertcoin's halving on the 12th of December.
But first lets get all the disclaimers out of the way!
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1) We have decided to plot these charts in USD/Vertcoin charts vs. the Bitcoin/Vertcoin pairing. The reasoning behind this decision is that we see more stability in the USD pairing.
2) This isnt financial advice! Don't bet the farm, Don't make any bets in the crypto space unless you speak to qualified advisers and read up as much as possible to make an informed decision. Our opinion on Crypto currencies are that they are a great social experiment. Unfortunately the government hates competition and at some point they will respond to this underground currency economy. Remember that saying 'Nothing is certain but death and taxes'.
3) Yes we are long in #Vertcoin
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The State of Vertcoin & The Blackhole
Vertcoin seems to be on a pretty good path higher. The month of November was full of explosive movements and very healthy volume. A contributor to this healthy volume is a lurking buyer we found buying large chunks of shares at very specific levels. We posted this in our chart last month with the orange line at 4.46. This buyer consistently ran Vertcoin to that level and disengaged. While he did not provide a solid floor, he did accumulate shares in a significant way. We have also branded this lurker buyer a blackhole. "Yes ... Shaun Actually came up with that name". The logic behind it is that his trading habits / orders deployed shows that he is not selling. Typically your average trader is trying to manage a position, take some profit, and then redeploy. Not Mr. "Blackhole". A good example of watching him at work is to look from December 8th up until the 16th. He would not move beyond his ceiling price, and we saw #Vertcoin fall after he dropped out.
The Push Higher
The big push that occurred from the 26th of November to the 1st of December was was completely organic and didnt have the Blackhole's help. To be completely honest, there was very little activity detected for the last half of November. Where things got interesting was when we found one sign at 2pm on the 2nd of December at the price of 7.46. We then confirmed activity at this level (Dec 3 @ 4:30pm). This brought us much delight because plotted resistance lines at the same level. Actually within a few cents. We actually gave Tony shit for that for a few hours. But then we dropped the act and congratulated him on hitting a bullet with a bullet.
SUPPORT / RESISTANCE PLOTS
We have plotted support / resistance lines and marked where our lurker friend seems to be sitting. While we have plotted resistance at much higher levels, these are guesses based on volume and some input from our lurker. It is speculation to the highest order so again.... dont bet the farm on this! It is one perspective among many more here on Tradingview.
SB RESISTANCE = 31.68
SB RESISTANCE 4 = 17.89
SB RESISTANCE 3 = 15.44
SB RESISTANCE 2 = 9.93
SB RESISTANCE 1 = 9.25
LUKER BUYER 7.46
SUPPORT 0 = 7.39
SUPPORT 1 = 5.53
SUPPORT 2 = 5.46 (Likely to be very strong re-enforcing Support 1)
SUPPORT 3 = 4.71
SUPPORT 4 = 4.23
Cheers
@NYSEDAYTRADERS
VTC USD Buy Opportunity There's a Buy opportunity, follow me to get instant access when I publish idea. Or, can message for immediate entry points. Check out my TA on EOS, IOT, SC... been spot on! Thanks
$VTC Ready For the Next WaveI've always liked this coin because of the perfect Elliott Waves this market creates. This one just broke previous ATH and landed on support so i expect to see another leg in the Elliott cycle
VERTCOIN (VTC) Looking Good!Vertcoin has started moving higher again after a period of consolidation. IMO we will be seeing a new all-time high soon.