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VERTCOIN / BITCOIN

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VTCBTC trade ideas

Vertcoin accumulation near end?On the 4h chart we witnessed an Elliot wave and its corrective counterpart, which was followed by a period of accumulation between the triangle, in which the fluctuation of prices would become smaller and smaller. In my opinion, there would be an upward breakout in which Vertcoin can gain some momentum and maybe retest old highs. Looking at the chart it would be possible that history repeats itself, given the former elliot waves and accumulation period and the upward breakout afterwards.
Long
by soswijk
VTC-BTC short...mid..longVTC will have in next year one of the major addition to the project with the release of their own exchange. VTC has found strong support @ 0.00039 if it is capable to brake the downtrend line (dotted red line) we could see a nice trend reversal. I marked down the buy zone with the yellow quadrant which comes into play only once the downtrend is broken. Short term: We could see bounce back to 100% - 127.20 % fibb level before a new test of support around the upper line of the pennant will commence. est. 125% gain expected Mid term: Yellow buy zone marked down if we get the bounce 78.60% fibb level. est. 200% gain expected Long-term: est 355% gain expected Let me here your opinnion.
by AnimusTheGreat
Vertcoin long - big accumulation period, december surprise soonTaking a look at vertcoin: There has been very little price action since the dip in December, it could be that people are accumulating right now since it's quite cheap. Volume is lower than it was in November, and it has been steady for a while. It's bound to rise at one point. MACD and RSI seem to be recovering which is a good sign. There is also a symmetrical triangle here which is gonna breakout soon. On the other hand I don't like how the ichimoku cloud is looking: bearish TK-cross in the cloud and it left the kumo cloud which are both bearish signals. There is going to be a december surprise on the 31st though so that may boost the price and be the catalyst for a bullrun. Overall I'm more bullish on vertcoin than bearish. Enter if it breaks upwards. If you like my analysis consider following me on twitter: twitter.com
Long
by cryptoniter
8
Watchlist VTCVTC has no momentum, so you might want to watchlist only. Also the volume is simply not there, but it's worth watching. Long term lower level fibs, seems reasonable. I'll be watching to see if it holds above horizontal price action (yellow broken line) as well as if it can stay above the 100 day SMA. Looks like we could have potential for a pennant? Look to take some profits at approx 7000sats if this breaks up. Then see what happens once you've locked in some positive gains. Suggested stop 43,489 sats. Privacy coins are all the rage atm and this one is historically down vs sats. Verge pumped, now Zcoin, both to me are risky propositions atm. Now I love NAV more but it's already kind of high relative to historical sats now, so that's got a risky buy in atm too (also I still have some NAV from when I suggested it last time).
Long
by TristanWallace
6
VTCBTC predictionVTC, one of the few coins that is still unpumped. It is consolidating and preparing for an explosion. The chart is looking very nice. The small triangle shows that it’s trying to breakout. The small blue box at the left shows that line was used as resistance around the 16th of December. These days the same price is used as support, so it won’t go down easily. VTC is coming with big news with a USD/VTC exchange launching in Q1 of 2018. If VTC needs even more time, it will most likely breakout of the bigger triangle. To be honest I expect VTC to breakout before the other big surprise announcement at December 31, because MacD is looking promising. It might test the support one more time, but then we really have to start pumping.
Long
by MarcAbbink
1