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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Vtcusdt
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!
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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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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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/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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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.
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
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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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.
VTCUSD Adam & AdamDescending scallop bullish reversal possible. Performance (16/19). Preceded by an Adam & Adam double top. Performance (17/21) in a bearish market as noted in 'Encyclopedia of chart patterns'.
Vertcoin Technical Analysis - VTCUSD - 600% Profit ExpectedVertcoin Technical Analysis -VTCUSD - 45%-600% Profit Expected
Huge Trade Coming...6x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.26 - 0.84
(45%-600% Profit Expected)
TP - 1 - 0.26
TP - 2 - 0.34
TP - 3 - 0.43
TP - 4 - 0.52
TP - 5 - 0.62
TP - 6 - 0.73
TP - 7 - 0.84
For Bigger Time-Frame
***If you want to get in this trade from this point 0.27 you can still make 26% profit till TP2 is reached. I'm in this trade from 0.17 and already in profit. It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly as there is a possibility that price may go downwards again towards my mentioned entry price.
This trade is very huge. I only marked points for a Daily Time Frame. The bigger picture(Weekly Chart) shows a very huge move upwards and may break the previous highs In the next bull run.
The weekly chart shows that it almost touched the lowest price range so it's a very safe and profitable trade and can give 2400% ROI.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)