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VTC/USD - Major Resistance Under Attack. Target: $0.40Vertcoin has done a fine job testing that resistance at $0.23. If it continues to put pressure on it, I expect it to break and open the way towards 40 cents, which is the next key target. The indicators are bullish on this weekly timeframe and the price action is making higher lows and highs... which is exactly what you want to see. Miners also jumped on VTC after the ETH merge taking VTC difficultly 4x higher, which is bullish. This brings more interest to VTC and helps secure the network further which discourages 51% attacks as it becomes more costly to do. My only concern is BTC crashing under 17k. That will scare the market and take us into the panic phase and blood on the street. Probably a good buy opportunity if it happens. For now, my bias is bullish. Keep your eyes on this coin. Like and follow if you liked this idea!
VLong
by DU09
VTC/USD - Movement Detected. Rally inbound! 🚀Vertcoin is starting to move after finding good support just above 10 cents. With the ETH merge due in a month (15 September). Proof of Work coins may have their own rally, this includes Vertcoin. Why? Because billions worth of mining equipment will point to new coins after September. One of them can be VTC. The price action support this hypothesis and the price has the following targets: 23 cents 39 cents 75 cents 1 dollar VTC can easily pump once momentum builds up. If you are bullish on this thing, there is not much time left to get exposure before it's too late. Bias is bullish. Like and follow if you liked this analysis.
VLong
by DU09
VTC/USD - Another attempt at $1 is incoming! Can it break above?Vertcoin is getting ready for another attempt at breaking the $1 resistance. Last time price moved above $1, it was quickly rejected and pushed back towards 60 cents... Now VTC is trying again and if price manages to turn the $1 level into support, there is enough hopium to expect to see VTC reach at least $3 and above! Price action is bullish right now, so we're looking good for some exciting price action soon. The price does seem stuck in a range, but this will be broken sooner rather than later. Once we break above it, the fun starts. Bias remains bullish on VTC which will also have the halving in December... 🚀🚀🚀 halvingdates.com Like and follow if you liked my idea!
VLong
by DU09
3
VTC/USD - Prepare for breakout towards $3!Vertcoin is compressing in the blue apex. Price will soon have to breakout of this area. My bet is we will break-up and pump, first towards .90 cents and then if that resistance level won't hold us, $3 is the next reasonable target. This bullish scenario is more likely I'd say considering current market conditions where alts are starting to pump nicely and BTC is holding above $50k. Not to mention ETH flirting with $4k for a while now. This should spillover to VTC which should see some nice price action in the next two weeks tops. The price has set higher lows since June, same for RSI . This is good. What I don't like that much is StochRSI and MACD . But volume seems to pick up on this 3 day timeframe. This is bullish . A bit early to make a call, but a clean break from the blue apex will confirm our trend for the next month or so. Like and follow if you liked this idea!
VLong
by DU09
5
VTC/USD - It's time to pump Vertcoin! $1 soon! 🤗Vertcoin has arrived towards the end of this apex... now it's time to decide. My bet is we will pump, quite fast and sudden. :) First target just under $1. Then we have a long way until 10-12$. It all depends how bullish the overall market is and if the halving of VTC will pump the price. For now we should get at least a decent pump as BTC has started the new pump season (below my ideas for that). Like and follow if you liked this idea!
VLong
by DU09
6
VTC/USD - Mission to moon postponed. Next test $1.VTC got a spank down during our May crash which took price below $1. A nice 77% drop. Did you buy the dip? Unfortunately, this event basically re-set the chart and erased 3 months of price action and gains. Therefore, our moon mission to $12 was postponed. To resume our ascent, VTC price has to reclaim $1 and go above it, until that happens, the moon mission is delayed. We do have some good news with the exchange CoinEX listing VTC recently. Any new exposure to VTC is good and will add liquidity, a few more exchanges and the next push up may be even more significant. The indicators on daily are also looking good, and we should get AT LEAST a re-test at $1. Daily MACD is bullish, so we should slowly grind our way back to $1, then we have to re-assess. Therefore, I see these price levels as a good opportunity to re-load if you missed on VTC before. Fundamentals are strong and so long the market remains bullish, VTC will recover and pump higher. Also watch BTC/ETH as they set the tone, don't expect VTC to push on its own if the market takes a bad turn again. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
1
VTC/USD - Perfect 50 MA bounce will take us to $3 & $6! 🚀Vertcoin pumped today 50% ... quite a feat. Why? We just bounced off the 50 Day Moving Average (orange line) which to date has acted as a strong support. I expect this to continue and with increasing volume, this pump has legs! The indicators support this bias as both MACD and RSI are primed to curve up and take us higher towards our next two resistance levels of $3 and $6. These targets are becoming very likely now and particularly once we have a bullish cross on the MACD Moving Averages. Already the MACD histogram ticked higher = bullish! The VTC/BTC pair looks even better... so get ready! We may need to be patient as Vertcoin usually takes its time between pumps, but once we start the real pump, it will be fast, usually over 2-3 days we can visit our targets. What can trigger this is the upcoming listing of VTC on Changelly which was confirmed and it is just a matter of time until its public and VTC is available to buyers there. This is significant as this exchange has over 1 billion in volume on a regular basis. Unlikely we will see VTC under $1 again. Maybe a spike at best. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
6
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
17
VTC/USD - Second attempt to breakout of the channel. Bullish! 🚀Vertcoin is attempting another try to breakout of this never ending, ever lasting, forever channel... With the market heating up this may be it. Volume is up and we just had a massive spike, indicating interest is building up again. Can we push through and make this current resistance support? If yes, we will have a winner! MACD has also crossed again on the positive side, therefore, this is another strong indicator that we should pump soon. It wont be long after that to go over $1. So if you are interested in VTC this is among the few moments left to accumulate. Let the party start! Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
4
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
10
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
7
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
VLong
by DU09
5