VTC/BTC 106% Potential gains Vtc showing some profitable future movements
Trading Indicators
macd shows positive growth after such a downfall, ready to attempt to retest previously failed highs
rsi shows momentum gaining
price is still under ichimoku cloud, but growing towards it ready to test resistance
we can see the price doesn't stray far from its support line, with that said stop loss can be set tight for the least loss
Trading Plan
Buy in: .00039-.000044
Stop loss: .00035 10-20% depending on when you bought in
Targets
.0000557 26.59%
.000059 34%
.000062 40%
.0000673 52.9%
.000077 75%
.000091 106%
VTC
$VTC - VertCoin ~ Ready to leg up. Fundamentals coming.$VTC - VertCoin HIGH RISK, GREAT RISK TO REWARD THOUGH
CMC: coinmarketcap.com
CMCAL: coinmarketcal.com
Acquire: 9588 to 9788
STOP LOSS IMMEDIATELY AROUND 9300
Short Term Targets:
First: 9941
Second: 10334
Third: 10652
Fourth: 10969
Mid Term:
First: 11423
Second: 11999
Third: 12731
Fourth: 13114
This coin has been forgotten about, It was right up there with $LTC last year due to segwit. seems to be finding support again. higher low by the looks!
The R/R is awesome. Let's see how she goes!
BOOM BOOM VERTCOINVertcoin is ready for some upwards movements after small cumulation phase.
could be good for a double up
BIO
VertCoin Under Heavy VolumeVertCoin found the bottom at $0.78 where it formed a double bottom back on the 29th of June. Then price consolidated and yesterday went up under the heavy volume. The uprisal was quite strong, while the price went up from $1 support, up to $1.88 resistance, gaining almost 100% against the USD.
But at $1.88 VTC found the resistance at 50% Fibonacci retracement level as well as 3/1 Gann Fan trendline, both of which were rejected. Currently VTC/USD has corrected down and it might find the support at 200 Moving Average.
In any case, range trading is likely to prevail, at least up until price either breaks below the $0.78 support or above the $1.88 resistance. Break below the support should invalidate bullish scenario and result in further decline. On the other hand, if the resistance is broken, VertCoin might continue going upwards, towards the $3 resistance and beyond.
VTC on 2 day timeframe - 2 scenarios! Pick yours ;-)First and foremost: I am biased with VTC as I like the project alot. Nevertheless my as objective take on TA on it:
There are 2 possibilities here by simply looking at s/r + historical patterns on the 2 D chart:
A)
There is a possibility that we are leaning towards gaining momentum with VTC as we do have a falling Wedge pattern with a breakout and retest as of right now.
This is supported by the forming of bullish divergencies on the MACD (both histogram as well as momentum of the EMAs / MACD line). Be aware that these divergencies are there but they could continue to form in another "downswing" move for a bigger timespan, before it actually starts to show in price action. MACD line itself is still below 0 and since we already had our crossover it remains to be seen if VTC can carry the momentum over the magical 0 line.
RSI does not show any divergencies on higher Timeframes as of now. Volume did show some form of life - however I do not take volume as the most important indicator.
Bonus: Looking at the green rectangles it allows interpretation of potentially having a similar scenario to last falls run. A long term support line that turns into resistance and then gets tested and taken out 1-2 weeks later (wen moon? 2 weeks!)
B)
Since the potential fractal is subjective for sure - this can actually also be a legit retest of former support line that now has turned out to be a monster of a resistance line. We got shotdown hard by it and the Itchimoku cloud on the daily timeframe - further making a case for a smackdown and a prolonged bear scenario.
It should be noted that that resistance line does have historic value as its a horizontal support line that has been tested in the last 12 months multiple times!!
MACD still is below 0 and it is possible that we will see a negative crossover soon, since the histogram is ticking downwards indicating that sell pressure is kicking in like Beckham used to do with those 21 meter free kicks.
As of now: 12 k will have to hold and eventually we have to bounce from the falling wedge in order to confirm bullish momentum.
If we fall through next support levels to look at are 9k, as welll as 7,5k and 5,5k. Either way, longterm this is a buy. Depends on the type of trader you are - if you wanna get in when bullish momentum is confirmed or if you wanna play s/r lines with close knit stops!
Cheers!
Vertcoin [VTC] Dual BTC & USD Daily Chart [BTFD] VTC saw some bids today
some simple levels to take profits if u bought in
more charts on our telegram feed
#Vertcoin / #VTC - Is it time to move up? Probably YESHaven't done a follow up on #Vertcoin for a while. In my last TA for #VTC the price didn't hold the expected support levels and since then has been falling around... (as most altcoins had been in this same period).
At the present, I see that (and IF bitcoin continues to go sideways or up...) Vertcoin can also regain some lost grounds and will try to move up a bit to conquer lost ranges and hit resistance zones... Let's wait and see...
VTC next bull cycle starting summer 2019If we look into the past VTC had a very long consolidation period. If we take this to reference next cycle should start in the summer of 2019 and lead to prices above 20 USD. I think VTC bottomed out here but will do absolutely nothing for the next year or so. Just move on and ignore this project until the chart tells us something different. With not being added to binance it just lacks in publicity and volume. Great long term project tho.
Vertcoin - Huge potentialToday we are looking at the daily chart for the "People's Coin", Vertcoin. As you can see from the chart, when Vertcoin takes off it flies! I think we are finishing a corrective wave here as VTC approaches the uptrend support line. If so, we could see some gains really quickly. All of this is could be directly affected by Bitcoin, which you should always take into consideration when making a trade since its performance directly affects the alt coins. That being said when Bitcoin was hardforking in October of last year and the whole market was paralyzed, VTC went on a rampage! I think it has a lot of potential and recommend you keep it on your radar.
Hope your VERT bag is readyThis setup is looking sooo good. With Bitcoin pumping this is now just the logical move. Bounce at the Bottom of the Channel and the Cloud. Next target on the start. Honestly by now you should already bought your bag. BTW.. GRS and VIA already on binance. Only a matter of time until VTC gets listed.
Just a baby boom coming... (VTC)Fellas, fellas, feeellaaaasssss....
I had some dreams about Vertcoin... i´ve been lookink her, and after i heard some guy that i really respect, i decided draw!
What i found? Look these patterns, man! Look the wedges... And mainly, look the acumulation (RSI and Candles) that she is doing since april 4th! I cannot to see it and ignore. My body is shaking, and feeling a possible boom. Yeah, a bom bom pow! Following fibbo areas, i believe 27000-31000 is really a good area to acumulate some bags. There is some risk to breakdown below 27000 (The king can do it!), but i believe i can afford it! So, i am finding good entries and preparing a good trade with this girl.
After read it, search the song called by "Boom Boom Pow", of Black Eyed Peas, pump up the volume, and concentrate in the possible green dildo we can see in next days...
C´mon!
"Gotta get-get, gotta get-get
Gotta get-get, gotta g-g-g-get-get-get, get-get
Boom boom boom, gotta get-get
Boom boom boom, gotta get-get
Boom boom boom, gotta get-get
Boom boom boom, gotta get-get
Boom boom boom, now
Boom boom boom, now
Boom boom pow
Boom boom"
So, if you agree, like it, dude!
Warning: this is not an advice to buy, is just MY VISION! Don't do any trade based on my charts, DYOR!!! It's not gambling, it's trading!
"The stock market is a device for transferring money from the impatient to the patient." - BUFFET, Warren.
Luv u!
VERY HIGH PROBABILITY TRADE (VHPT)FALLING WEDGE AND SOLID FUNDAMENTALS - THE LITECOIN OF 2018 - What more is needed to say
33% of my portfolio consists of VTCBTC currently!!
Next big wave incoming?I really like how the long term pattern evolved on vertcoin. Its really longterm but i think it will pay off.