VTCUSD
VTC/USD - 1,500% pump towards $12. Just a matter of time. 🚀Vertcoin is about to complete leg one of a nice three Elliot waves towards $12.
Based on the Elliot theory, wave three is the largest, longest, strongest. Therefore, once we break above $1 the race is on and massive pumps are expected to take place.
I see VTC pumping very hard, similar to ETC, Nano, Doge... these old coins are getting much needed love lately and VTC will get on the menu of big market makers soon.
The next leg up can take us up to $6 before we can correct slightly to finalize the structure with a beautiful $12 target which is also the top resistance of this MASSIVE wedge formed since Vertcoin inception.
The indicators are also curving up nicely on daily, being very bullish and one weekly here we're also doing the same with the RSI curving up and MACD moving averages expanding again... BULLISH.
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VTCUSD Vertcoin Buying opportunityVertcoin has not yet done a dramatic move upward like some coins have. Its time is coming and likely very soon. $40 seems a conservative target sometime in 2021 - I am looking around September 2021 based on this chart.
Please see VTCBTC chart as well
This is provided that the overall crypto market continues to grow.
VTC bullish patternMonthly really bullish on vtc. Needs a big annoucement like binance listing for the trend to continue the climbing.
VTC/USD - Time to pump Vertcoin! Any time now... 🚀Vertcoin has finally given us a strong buy signal where volume has increased dramatically today and MACD has crossed on the positive side on daily and overall... we're looking bullish af.
We also penetrated the resistance from this never ending channel, so now we only need continuation for price and volume to explode!
I don't expect us to stay much longer in this channel. Market for alts is heating up with massive gains in some altcoins like XRP today. VTC should benefit from this.
Plus the indicators are looking excellent. Patience is over, time to pump.
Any entry around $0.70 is a good buy.
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VTC/USD - When pump sir? When? Anytime now. 🚀🚀🚀VTC has been chilling in this channel within a range of about 20% since early March, with barely any attempts to push outside.
However, this won't continue forever... since there are some signs we may pump soon, at least to like $0.90.
On Daily, MACD is about to cross on the positive side... this would be the second time in March and usually the second cross is the one to watch... bullish.
RSI is also moving up and with a bit of luck we should be out of this channel to face the resistance at $0.90. The market has also turned bullish, so we are looking healthy.
If you consider an entry into VTC this is the time, before we move out of this channel. Consolidation is a great time to accumulate.
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VTC/USD - We broke the triangle, can we maintain momentum? 🚀Vertcoin finally broke out of this large symmetrical triangle. We broke-up which is great for bulls, however today the momentum was negated by this large red daily candle which is also bearish engulfing right now (meaning its body is larger than the previous green candle).
If we close like this the day, then the momentum up may take a breather before we can continue. For now the support line seems to hold well and I'd expect a nice continuation so long BTC and ETH do not crash the market lower.
We still did not get a positive cross on MACD and RSI is curving down, therefore we need some volume and momentum up to get higher, otherwise, not looking that bullish at the moment.
Nevertheless, bias remain bullish for now and if this ascending support holds, we're good to go higher.
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Vertcoin is looking very interrestingCompressed in the bullish pennant since we're in a uptrend.
Expect this to breakout to the upside due the current bullish market conditions.
Got a long in this since this morning, lets see whats happen next.
VTC/USD - Continuation pattern, bullish! 🚀🚀🚀VTC has formed a symmetrical triangle which is usually a continuation pattern. In this case, the bias is for us to break up.
This is also confirmed by the 4h timeframe where MACD is about to cross on the positive side and RSI + StochRSI want to go higher. This is good. However to get confirmation of this bias, we need to break the resistance just under $0.70 and get out of this triangle.
On daily the chart is a bit bearish, but nothing to be too worried as long as our support at around $0.50 holds. Plus if we break-up from this triangle, we're going to get bullish on daily as well.
Won't take long now to find out, we should know by the end of the week.
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VTC/USD - Vertcoin escaping resistance, pump incoming? 🥰Vertcoin appears to want to escape the resistance around 60 cents that has kept us in this area for some time, however, we seem to have made it support lately which is... BULLISH!
If that is confirmed, I expect a quick pump to the next relevant resistance at 90 cents... hello $1! :)
Indicators are also curving up, so I expect some nice price action soon. Stay tuned!
Bias is quite bullish like most of the market right now.
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VTC/USD - Battling the resistance. Vertcoin about to win! 🚀Vertcoin has been in a battle with this resistance at just over $0.60 for some time. However I believe this battle will soon end and Vertcoin will FLY to $1 and above.
As you can see we formed an ascending triangle in blue, and we're approaching the end of this formation. Therefore, Vertcoin, provided it remains bullish like the overall market, should push higher and move to our next significant resistance just under $1.
Most indicators under daily timeframe are bullish and soon daily will also turn bullish which will be our green light to explore higher levels and see VTC pass $1. For that we still need a bit of patience and ideally some more listings on exchanges.
What is important is that we formed a higher low and the level around 50 cents held well... forming a good base for long term gains...
Bias on Vertcoin remains very bullish and with a bit of help from some new exchanges listing VTC we should be able to reach our old ATH at just over $10. This area is a great place to accumulate if you are bullish on VTC.
Also consider mining it with your GPU:
vertcoin.org
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VTC/USD - Uptrend to $1! Bullish.VTC has formed a double bottom on the $0.45 level and has a bullish divergence on RSI. If we manage to push above 0.60 then the double bottom will be confirmed and we should be clear to re-test the resistance at $1.
Possible paths on the chart. VTC remains very bullish long term and I expect us to make some significant gains once this correction in the overall market ends.
If you have not tried it by now, I recommend you try mining VTC, it is very easy and you can use any GPU:
vertcoin.org
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Vertcoin Analysis VTCUSDIncoming golden cross confirms the price correlation at (a)
Massive head and shoulders present at the top of the previous bull trend
Bullish, lets go!
Vertcoin breaks out of descending channelShort Term:
Vertcoin finally broke out of its descending channel tonight. Volume seems low but if this continues we could see a decent leg up here. Set a stop loss - if we re-enter the channel it could go the other way.
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Long Term:
Vertcoin's new Verthash algorithm is the gold standard of ASIC-resistance. That combined with the easiest to use miner (One Click Miner) and the ongoing involvement with the lightning network and submarine swaps is great news for VTC. The Vertcoin developers deserve some real credit and should not be under-estimated.
VTC/USD - Support held, price moving higher!Today the whole market had a flash crash of 20% or more depending on the coin. VTC held quite well and has now recovered most of the loss.
This is good. Moreover, we touched the diagonal support which held well and we're above $0.65 cents. This level was an excellent buy zone for VTC long term.
Unless the market continues down, I expect VTC to reclaim its previous level and then attempt to crush the resistance at .80 cents which so far proved difficult to crack.
The indicators are turning bullish now and we should have a nice pump higher if the market allows. So watch BTC and ETH price action as they will dictate the direction here.
Bias remains bullish and congrats if you managed to buy VTC at $0.65!
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Only good signs for VTCI see a giant cup & handle which will attempt to form, a double bottom as part of the handle, and an incoming halving at the end of the year.
BTC is also particularly strong, which VTC is historically used to follow.
VTC/USD - Rally started, Vertcoin at $1!VTC pumped 100% today... what?! Yep. See my idea from yesterday. It was expected.
Now we're hovering just under $1 and the trend is clear, VTC wants to go much higher, but for now we will correct a bit as today's pump was significant.
Indicators on weekly, daily, remain bullish, however on lower timeframes we need to settle on a support level before we can go higher. After that I expect another leg up. :)
To celebrate that VTC passed $1 I am also doing a 100 VTC giveaway, see here for more:
www.reddit.com
Overall bias remains very bullish on VTC. We destroyed some crucial resistance levels these past few weeks, and now 1$ resistance is pierced! Good times ahead.
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VTC/USD - Cup and handle confirmed, $1 next! 🚀VTC broke the resistance of the cup and handle formation (look at 4h timeframe) as indicated by the 50% Fib line. What does this mean?
We are clear for higher levels! Volume is picking up, MACD is expanding, RSI is rising... bullish!
Moreover, on 4h timeframe we just did a positive cross on MACD... so expect some nice gains. Bias is very bullish.
Our target: aim for $1 as that is a key level to reach for VTC. There are some minor resistance lines on the way, but nothing too significant. Momentum is on our side this time! :)
If you want to buy VTC, I recommend Bittrex (BTC pair) or Bitvavo (EUR pair).
Buying VTC under $1 is a steal... so best to move quick because I don't believe we will be here long. You can also hold it for longer as our long term target is $12 (see below idea).
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Very bullish. Vertcoin. 20000sats. At least. Hello, Vertcoin started to rise up.
But It is not even really started yet.
Verthash is a revolution of crypto mining system and Vertcoin halving is coming too.
Vertcoin will hit 20000 satoshis at least.
Hold Strong.
Think Long term.
VTC/USD - Massive breakout towards $12!!!VTC new mining algorithm (Verthash) was successfully launched on 30th January which has propelled the price higher, doubling in less than two days and breaking a very important resistance line as presented on the chart!
This shows we are clear to go MUCH, MUCH higher... with a final target around $12 or more!
The new mining algo is ASIC resistant and allows anyone with a gaming GPU to mine VTC! You can make anywhere between $2-4 with a regular GPU/day now. Test it out yourself below:
vertcoin.org
Considering we are in a massive bull market, this is a perfect setup for VTC to make significant gains. The limiting factor is that VTC is listed on only two major exchanges: Bittrex (US, VTC/BTC pair) and Bitvavo (EU, VTC/EUR pair).
If VTC get listed on any other major exchanges, I think we will fly very fast, very high.
Vertcoin has been around since 2014 and has all the qualities of BTC and LTC. The developers are very active and if momentum is maintained then Vertcoin can become the go-to coin for mining in a truly decentralized fashion.
Price action is very bullish and I'd expect VTC to make significant gains as days pass, yesterday someone bought 1 million VTC on Bittrex... that is 2% of the entire VTC circulating supply (58 mil). The total maximum supply for VTC is 84 mil.
Enjoy the ride and if you are new to mining, try the link above, it's a great way to learn about mining and how it works. After all, Bitcoin uses this exact model and has proven very successful and resilient over time.
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VTC/BTC - Bullish towards 1,000 satoshi!Vertcoin fork to a new mining algorithm is right around the corner (less than 2 days to go).
wenvtcfork.xyz
Hence VTC will quickly become a to-go coin for GPU mining and this will be reflected in its price which is already rising steadily since early January. At only .20 cents VTC is a bargain considering it's ATH is at over $10!
A $100 buy here can mean $5k if we are to reach ATH levels in this new bull market. That may look unlikely now, but if VTC goes over 1$, then a lot of interest will gather quickly. This change in the mining algo can take us there.
At the same time the technical indicators are looking great on most timeframes and especially on the weekly chart where the indicators are curving up and MACD is 2 weeks from turning positive. It already did on the USD pair.
Price action looking good and bias remains bullish for now.
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