VTC/USD - Uptrend confirmedVTC managed to get out of it's bottom formation, pushing above the neckline as shown in the chart.
Questions is now, can VTC push above the previous support turned resistance?
We really need to get back above 0.30 cents if we are to have a sustained gain in price.
With the launch of the new Verthash mining algorithm for VTC in late January 2021, we may get the push we need to get back into a nice trend upwards.
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VTCUSD
VTC/USD - VertHash bull case?Fundamentally, VTC has some good news coming with the new mining algorithm due to go live in late Jan, early February. This is bullish.
Analyzing the price action, we get a similar picture. VTC has painted a very nice W formation which is a strong reverse indicator. However for this to confirm we need to push higher above the neckline at .18 cents and keep/hold that price, then we will be clear to push higher and ride the wave of VertHash launch in February 2021.
Vertcoin will officially fork to Verthash at Block #1,500,000
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VTC/USD - Recovering back to $0.25VTC tested the major support at 0.14 which held and now we turned the local resistance at 0.16 into support and moved higher. Our next resistance/target is 0.25 which is also a Fibonacci 38.2% level.
If VTC manages to re-claim 0.25 level and push higher, we may see a nice recovery in price after we corrected sharply in late September from 0.4 level.
If we pass 0.25 our next immediate target is 0.37 corresponding to the last top and Fib 78.5% level.
VTC/USD - Support held, for nowVTC held at 0.14 support. For now. We should expect a move up at least until .20 cents where the first significant resistance sits.
We could also range and re-test the 0.14 support again. It's important we do not lose this level, otherwise VTC price will find new lows.
The VTC/BTC ratio is at all time low, which is not unique to VTC, so we may expect some violent reactions in alts once BTC takes a break.
Update On Vertcoin. (VTC)I got asked earlier for an update on vertcoin.
I have multiple analysis about vertcoin on my page dating from back in last year. Overall we had a massive falling wedge breakout which is bullish, especially with vtcbtc pairing to be at bottom of all time lows. Now let's see how its moving,
First let's see that it has cleared a major average on the top chart represented by the green arrow. That's the first crossover since the all time highs. All 3 ema dots below have been green since late march early april.
I'm looking at vertcoin for a very long term hold as btc has shifted towards its bull cycle. Based off these indications I see no reason to sell as of now.
All Indicators Continue To Shoot Green! (VTC)We have been covering vertcoin since the lows around 14 cents.
The monthly timeframe that we have pulled up above is all firing green!
The monthly timeframe will show you major trend reversals.
The perfect trade setup is when the top chart "the crossover strategy" crosses green candles after compression on dojis.
We then line it up with the "ema dots" below on a green dot close.
When the two line up we look for long term hold.
Based on vtcbtc pair it seems we have already been shifting the trend to the upside.
Hodl on boys and gals!
🥇MLT | PROTRADERS
Go Ahead And Break It, Come On. (VTC)The super wedge breakout pullback rebound off old resistance.
Give me some higher highs please and thank you.
Someone crank up the volume.
She Keeps Moving Vertical! (VTC)Been climbing up all week.
Monthly looking good, can we get the almighty crossover and snap it to the upside?
Long term hodl. Looking Healthy.
Vertcoin cup and handleCup and handle on vertcoin
potentially a nice buy
Cu pand handle is a bullish continuation pattern and should be bought accordinly
Vertcoin Setting Up Massive PLAY!!! (VTC)Symbol: VTCUSD / VTCBTC
Let's compare VTCBTC bottom chart and VTCUSD top chart. The bottom is a monthly performance and you can see we are getting some whipsaw action to curve up after hitting lows around all previous runs. Now up top is the weekly vtcusd wedge. Is it ironic that the wedge is breaking when the monthly below is curving up? If you zoom out on chart look how VTCUSD top chart is a massive potential cup and handle with a wedge squeeze. I'm bullish!
Long term hold.
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VertcoinStock Symbol: VTCBTC
I've been watching this one since towards end of last year at these levels. The monthly looks like it's getting ready to flip as my candles are compressing and firing long. I think this is a steal of a deal. Compare to the last rally. Weekly also looks strong.
Diversify and use 5% stoploss
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VertcoinGreen monthly at all time low in sats. If you ain't hodling sheeeetcoins right now for the long ride....
You are blind.
Diversify and fill up your bags
VTC bullflag or scallop?Bullflag or scallop? An inverted scallop has a backwards and inverted J shape, and leads to bullish continuation after a small pullback, while bullflags send the price rocketing. Either way Vertcoin looks in good shape for upward movement. Daily chart. Ill link my vertcoin 'pipe tops' if you would like to know about pipe tops.
VTC/USD - Hidden Gem Inside- First healthy recover from 2017.
- Need more volume.
- Currently Following BTC UpTrend
VTC Value Different? PLEASE answerWanted to ask why Value of VTC on trading view is quite low compared to value on Coinbase?
VTC IDEAS AND UPDATESWould love to see more ideas with VTC in the near future. The community is not dead. Its just that people are patiently waiting for the next break which is i believe near as we recently climb high and gained 100% over the week.
This breakdown was caused by the chinese newyear pullout of assets which affected every coin in the market. My hopes are high when the whales and people are back in the market VTC will contnue to blow up.
MORE IDEAS PLEASE!!!
Not stressing, HODL VTCThe 61.8 fib shows 10 cents, we are squeezing now roughly around long term support on the wedge I have drawn on previous post.
I think this is a bargain of a deal to have.
Vtc/Btc pair is floating on the bottom of all major crypto cycles.
I think we might see a flash crash to that price level, but not guaranteed.
Buy it up and put it away for a couple of years.
No stress
VTCBTC Accumulate!The overall area of current purchase is an awesome price to buy and hold.
Come on... It's damn near bottom.
Good luck!
Vertcoin: Life or DeathBest of luck to y
ou in this wedge that's really starting to compress hard. Looks like a 5 wave correction from ATH. Like I said best of luck.
VTCBTC PipesPipe bottoms lead to a short term bullish reversal and vice versa, these are identified best on the weekly chart. 'Pipes commonly form after in a retrace in an uptrend or at the bottom of a prolonged downtrend' These formations are more common in bull markets.
