There is a trading opportunity to buy in VTRBTCTechnical analysis:
. VTORRENT/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000205 to 0.0000160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000205)
Ending of entry zone (0.0000160)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000293
TP2= @ 0.0000330
TP3= @ 0.0000389
TP4= @ 0.0000521
TP5= @ 0.0000649
TP6= @ 0.0000754
TP7= @ 0.0000903
TP8= @ 0.0001093
TP9= Free
VTRBTC
VTRBTC Rounded Bottom Ready to Launch ?Hello Traders, today I founded 2 coins that didnt recover yet. VTR and Sirin Token (look in my charts).
As you can see in 1D chart, VTR is creating rounded bottom, ready to breakup short term downtrend line soon.
RSI and MACD support bullish movement. Its one of that low marketcap which may give us nice profit.
In my opinion its worth to buy it and hold for some time.
Buy price 4200-4400
TP1:4700
TP2:5100
TP3:5400
TP4:6000
TP5:6800+
Stoploss 8%
If you like my chart and will make money on it, and want to help my education - send me tip cause Im so fuck broken
after home adress change :) just feel free to ask for wallet in private message.
I will post update as soon as I will see some movement in right direction.
VTRBTC(vTorrent) Showing Bullish SetupWe went through some XXX/BTC crosses and saw interesting pattern on BITTREX:VTRBTC (vTorrent). Well, since we saw a potential bottom on cryptocurrencies, there's some new opportunities on ALTcoins and one of them is vTorrent, which has clear five waves up into black wave A and three-wave correction into black wave B. Currently you can see it's already bounced from ideal 61,8% Fibo. reatracement and psychological 0.000050 level, so we expect much higher prices, especially if breaks above 0.000093 bullish confirmation level. Any decline will be just a temporary correction within uptrend!
VTR Moonshot potetinal - High risk high rewardvTorrent is expected to receive some huge news given the recent teaser tweets from the developer. It tested the 3600sat resistance twice now and could potentially break it given that the news will match the built up hype. If you go for this trade you need to realise that this is an extremely high risk high reward trade because the trading volume is very low and there is no momentum without news. Try to enter around 2700sat, stop loss 2400sat, first profit taking 5000sat. This could be a big one as VTR has a market cap of only 5 million USD so with huge news a 20x return on your investment is not impossible (check out the recent EMC2 performance for comparison).
Thanks for reading, make sure you give this analysis a thumbs up if it you liked it and, as always, make sure you do your own research!
