VTC following BTC trend Another Heads up. Keep an eye out on BTC and VTC, if you have noticed in the previous video of BK, he mentioned VTC. VTC has a tendency of matching the steps of BTC. It only lags behind by a couple of hours. Whenever BTC grows VTC grows. This was proven to hold almost 100% true in the past 5 days.
Sorry for so many indicators but when you look at RSI, STOCH RSI and MACD all indicates bullish pattern.
I also overlayed BTC graph in bar format behind VTC. You can clearly see whenever btc goes up. VTC follows with a couple of candles behind.
I have the resistance fan layed out to indicate where you could expect vtc to move in the next couple of days along with support lines and resistance.
Here is the chart. Give me a follow if you like what I see in this chart.
VTC
Vertcoin bearflag / blow-off phaseVTC/BTC is looking pretty rough. this coin has gotten a good amount of hype recently due to the Bitcoin Gold fork (as both of them are ASIC-resistant coins), but it is about to be in the "blow-off" stage of market sentiment. additionally, the chart is expressing a large bearflag. first target level is based on pattern projection of the flag / also a probable fib level; second is another probable fib level.
trade at your own risk
VTC/BTC 4 HOUR SYMMETRICAL TRIANGLE BULLISHVTC/BTC 4 HOUR SHOWING HIDDEN BULLISH DIVERGENCE & SYMMETRICAL TRIANGLE. Los Angeles 8:58PM.
I appreciate all the follows. I am trying to match ideas published to the number of followers. This is only the beginning to what I call an adventure. Excited to be apart of the Trading View community in the Crypto space. Over time I will be jumping into equities and forex. At least that is what I have planned in my head.
If you guys have any chill songs that you'd recommend put it in the comment below. Need to update my playlist while I bang out as many ideas as possible. I am also open to charting coins I've never seen.
Need to break the green triangle for entry and profit. The lines behind the triangle is a measurement for the lines in the front of the triangle after price action breaks the green trend lines (symmetrical triangle).
Nice support off .000502 & forming wedge, expecting a breakoutAlready 3 bounces off 50.2K SATS and declining volume. I expect VTC to break out of the wedge and continue the up trend :-)
VTC Likely to break outAs explained in the graph, VTC is likely to break out and if it does I would enter to trade on the throwback
Happy Trading
VTC update! She's rallying up, STRONGER than EVER!I posted a TA on VTC on 10/10:
Previous TA demonstrated a symmetrical pattern in previous accumulation waves.
And I tried predicting the most profitable entry for this wave.
VTC has only gotten stronger since,
I added bar patterns on this chart to demonstrate the symmetry.
Only this time the 52K target is merely the beginning.
Indicators:
ADX:
Currently at 24 on the 1 day chart, indicating the beginning of an uptrend.
Previous ADX at these price levels was much higher, indicating the trend was weakening.
This time we can expect a rally to new highs. A much more sustainable ones.
RSI:
Strength index is in confluence with ADX, the chart is making new highs on a lower RSI.
VTC is rising and not getting overbought. This is crucial for a strong chart.
Our next target is 52K sats.
And we've had a buy recommendation on it since my last TA, 10 days ago with entries in the 22K sats!
Hang on tight my friends, the moon is getting closer!
Vertcoin TA 3$VTC should see around 100% gains from a healthy buy zone as stated in the drawing.
TP is at 3$ as I see that being the first short-term resistance
Watch the smaller time windows at the 1.00$ - 1.25$ mark for a bounce when you enter
Be cautious of the bitcoin rally for potential sell offs & bearish engulfing candlestick patterns
VTC BTC BITTREX 4 HOUR TIMEFRAME MIXED FEELINGSVTC/BTC BITTREX 4 HOUR TIME FRAME. Los Angeles 4:25PM.
Current View:
VTC broke out of the Ichimoku cloud showing healthy signs for an uptrend. Currently VTC is in a triangle pennant which is a 54% upward & 46% downwards probability. Breakout is 74% likely to happen.
What to look for:
RSI needs to stay above the 60 to remain bullish and if RSI breaks out 70, we could see a break in the purple triangle upwards.
If RSI fails:
If RSI fails to keep up there is a bearish continuation trend for VTC. Most likely short term - compared to the overall bullish trend if you zoom out.
VTC 4 HOUR TIMEFRAME BULLISH despite ALT SELLOFFVTC is a good buy with its discount price. Los Angeles 12:08PM.
CheckList:
Price Action above cloud support.
Price Action is near .5 level for a good buy.
Price Action is in an upward trend (between purple lines).
RSI and Stoch is showing upward strength.
Have a stop loss near your initial buy.
VTCBTC, LONG and STRONGI've observed VTC's long term trend.
Not quite an Elliott wave Pattern, but this chart tends to accumulate with 3 peaks, for a boom on the 4th peak.
I got into it VTC on the 9/29, and sold earlier this week for 33% return,
Ran a market buy order at my fib re-entry, only to be surprised by the symmetrical dip we observed across all charts.
I regret not buying the mega dip,
But I project over 100% return on VTC positions opened at my fib retracement line.
Please comment with ideas, and upvote so I can start chatting with fellow cryptopians.
[BUY SIGNAL - 1:10 RISK:REWARD] VTCBTCMACD is crossing to the positive side, it's moving out from an overbought position, just crossed SMA50 on 5 min candles, and bouncing on a long term trend.
Vertcoin - Massive upside potential.A hidden gem in the rough? Vertcoin shows a bullish Ascending Triangle pattern as a continuation pattern.
Such charts in a dominant uptrend a very bullish. Notice the multiple attempts at the $1.20-$1.30 resistance level along with a rising hypotenuse. This indicators pullbacks are being bought, so accumulation is occurring.
At some point, maybe after a few more tests, that resistance line will break and a move of $0.70 will be in order. That move is calculated by taking the widest point of the triangle and adding it to the breakout point.
The Target therefore is near $2.00, which obviously is a massive jump from here. Needless to say, such crypto's are highly illiquid and speculative.
VTC BTC pump frequency?if not brocking next 10days blueline
then going up to
around 0.0005 maybe higher.
I assume that's the pump frequency!
[BUY SIGNAL - 1:5 RISK:REWARD] VTC/BTC Ascending TriangleVery clear ascending triangle pattern reinforced by indicators, wait for breakout and buy above the highest of the first candle that opens and closes above the resistance level.