Simple VTC Analysis Long term Trend
I'm bullish on Vertcoin because of the lightning network, which people are starting to use. Almost all the other coins that are implementing the lightning network are up significantly so I'm looking to buy some of the better deals, e.g. Vertcoin.
It has tested a support line 3x at the 40,000 satoshi level, although I don't think it is as strong a support as the thicket line at 20,000 satoshis. The bottom of the Bollinger band is also around the 40,000 satoshi level.
Volume is significantly down and the price seems to be ranging but the long term trend is positive vs BTC.
It has tested a support line 3x at the 40,000 satoshi level, although I don't think it is as strong a support as the thicket line at 20,000 satoshis. The bottom of the Bollinger band is also around the 40,000 satoshi level.
Volume is significantly down and the price seems to be ranging but the long term trend is positive vs BTC.
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.