Get started

VTCBTC

VTC Update, Big move incoming?Yesterday I painted a bearish view, based on the downtrend and a triangle formation I was watching. Today I'm feeling cautiously bullish on VTC. The triangle broke down, as I predicted, but not with any conviction or big price move. I think the price will now look to test higher resistance. The Bollinger Bands are squeezed tightly, and the Stoch RSI is oversold on higher timeframes. I'm also watching this blue line, which starts from the beginning of this mini-downtrend, and is acting as resistance that the price action is pushing up against. The Bollinger Band squeeze means we are about to see a big move one way. I'm cautious betting for a break of that resistance. Target 8k.
by havcharts
1
VTC/BTC Projection [Nov. 4-6th]Vertcoin is currently in consolidation from the recent ATH. Price has been trending downward, but is nearing the upper bound of the recent trading channel. VTC appears to be possibly converging on a price of approximately 48-49k satoshis, and will see a either a break up, or continued trading in this downward channel. RSI has been bumping against the recently established bearish trend. If RSI can break above this level, and see support against the current trendline, upward momentum is likely. Continuation of the downward trend in RSI would indicate continued trading in the current downward channel. Recommendation is: Buy @ 54k Satoshis Sell @ 44k Satoshis
V
by AnUnlikelyOutcome
5
VTC next moveAs I pointed out in my last VTC chart, it broke downward out of it's impressive uptrend, and has been continuing down ever since. At the moment I'm seeing two things that make this an interesting coin. 1. There's a triangle formed and ready for a move. I would lean towards it being a continuation pattern and a break downward being the next move. 2. Bollinger Bands are squeezed really tight right now. This happens before a big price move. So I'm expecting a strong move downward soon. However, there is the chance this could break upwards. If it does, then buying the breakout and targeting sells at 80k would the trade.
by havcharts
1
VTC STRONG CALLINGThe chart had been playing perfectly. But how do I always say if the King moves and more achieving an ATH, the other pieces suffer. I identified to see at the time of the BTC pump (yellow line) and how it affected the path to the PG3 in red. He broke the neckline, lost strength in the dump and for me he formed a bottom to recover. ATTENTION: to take into account the behavior of the BTC. If you make sudden movements, we may have the same fate, otherwise the profit may be more interesting from now on. Cover yourself with a stop loss before eventual falls. Thank you all!
VLong
by AndresThomasShirakawa
11
VERTCOIN - Unsustainable growth?Recently we have seen parabolic growth in Vertcoins value, there has been no very relevant news that could have influenced this increase, however, they recently announced their currency will be available on the 'Ledger Nano S' wallet. Beside the fundamental standpoint when we take into account the technical view we can see that VTCBTC is following a previous pattern. I understand that you should not use past events to predict the future in trading but it should be taken into account and looked at carefully. Vertcoin is looking to recover back to the support line where you should look to accumulate unless it continues to drop you can re-think your position at a lower price, this is fairly unlikely and the growth should continue towards the resistance once the support has been hit. Orange Line - Resistance levels. Purple Line - Support levels. As always, trade accordingly. Good luck!
VShort
by thomasfar6
4