Updated
Idea for growth trend with chatter on $VRC/BTC
Lately there is new excitement about this dual chain coin that allows for mining to be done via CPU instead of gpu. This coin is known to pop sporadically. If volume picks up I would hope it would follow vrm/ its co chain, which saw action of 40% this evening.
I am not banking it all here but I don't see a lot of downside. Not a ton of competition for a cutting edge idea. If this coin needs to consolidate a little bit I still hold to these targets within a 30 day time frame.
Buy Zone 5200-5400
1st Target 7100
2nd Target 10000
3rd Target 14950
I am not banking it all here but I don't see a lot of downside. Not a ton of competition for a cutting edge idea. If this coin needs to consolidate a little bit I still hold to these targets within a 30 day time frame.
Buy Zone 5200-5400
1st Target 7100
2nd Target 10000
3rd Target 14950
Note
Saw a very good effort in making the move towards the 7k line. Now a baby whale forcing the buy chart down to 5846 trying to supress the price for around 12 btc. Always a good sign.Note
Target 1 achieved 5 days after posting this chart. Target 2 may take a little longer and possibly happens on a hourly spike and then retests support.Note
Target 1 complete.Note
35,600 confirmed. all targets exceeded 21 days post chart. Goal was 30 day timeframe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.