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Vertcoin

[PATIENCE IS KEY] Vertcoin Goes Up 135% (500% to 1400% to ATH)Recently I shared a chart for STORJBTC pointing out the fact that 280 days of bear action were erased in a single day. You can see the chart by going here and scrolling to the bottom of the post: Now, Vertcoin (VTCBTC) is going through exactly the same process. Today VTCBTC increased in value by as much as 135%. Generating its highest volume since July 2018. At the same time, the value lost from early June 2018 through February 2019 has been gained back in just a few short days. Crazy volatile / Amazing and highly profitable cryptocurrency market. So 245 days of going down were deleted in a few days, and there is a big chance that this is just the beginning. Here is the daily chart: Today's candlestick broke above MA200 (black), EMA200 and EMA300 moving averages, which mark very strong resistance levels. A close above these levels will signal a huge potential for additional bullish action. I mentioned in my S&P 500 (SPX), soon to crash, article that many altcoins were setting up to make a strong move... And this is already becoming true. Read about the SPX incoming crash here: A new bullish wave is developing within the cryptocurrency markets. Stay tuned, I will keep you updated and share many opportunities from which you can profit, easily, by simply buying low and later selling high... Perhaps... Now, you can hit LIKE! Namaste.
by AlanSantana
4
VTC/BTC 106% Potential gains Vtc showing some profitable future movements Trading Indicators macd shows positive growth after such a downfall, ready to attempt to retest previously failed highs rsi shows momentum gaining price is still under ichimoku cloud, but growing towards it ready to test resistance we can see the price doesn't stray far from its support line, with that said stop loss can be set tight for the least loss Trading Plan Buy in: .00039-.000044 Stop loss: .00035 10-20% depending on when you bought in Targets .0000557 26.59% .000059 34% .000062 40% .0000673 52.9% .000077 75% .000091 106%
Long
by UnknownUnicorn1853748
Is VTC getting ready for a reversal?Week candles are presenting a very well placed argument for a potential reversal on VTC/BTC charts. The consolidation wedge is coming to a close, and the support lines of 8500 sats and 5600 sats are drawing close. The stochastic and stochastic RSI oscillators are showing it being oversold while RSI alone shows that there is still a lot of room to go before it becomes an oversold reversal point. On the other hand the MACD as well is converging in favor of a reversal. The week candle chart does have a death cross and no position to show a golden cross incoming any time soon. Could there be potential wriggle room for a short lived pump that will boost price? There is definitely room in the wedge and in the RSI bands for a short lived price boost to the top of the consolidation wedge. Could it boost to the top of the RSI bands, not likely but this market has random swings that don't follow convention so it could be in the cards. This is just an idea not investment advice.
V
by d4wn0ff473
Vertcoin bear pennantAfter creating a big bearish move from the recent highs, Vertcoin has spent last month in the consolidation zone. Meanwhile, the coin has developed a bearish pennant formation. Pennant pattern forms when the price rallies sharply, then moves sideways or slightly to the downside. If the consolidation of the price movement takes place in the form of the channel then we have a bearish flag. However, in this case, the consolidation took place in the form of a mini triangle, thus bearish pennant is formed. This formation is traded once the price breaks out of the triangle in the direction of the initial move. As we have already moved outside of the pennant, then came back to re-test the bottom of the pennant in the form of a resistance, the price is again leaving the pennant in a move that represents the confirmation of the bearish pennant formation. Although the bear pennant formation points much lower to the new lows, the first big test for the bears is the zone between 0.0000915 - 0.0000860, which is a confluence of 127.2% Fibonacci extension and horizontal support line. This zone should be a great opportunity for bears to take some profits off the table and for those looking to enter a long trade.
VShort
by WhaleAgents
VertCoin Under Heavy VolumeVertCoin found the bottom at $0.78 where it formed a double bottom back on the 29th of June. Then price consolidated and yesterday went up under the heavy volume. The uprisal was quite strong, while the price went up from $1 support, up to $1.88 resistance, gaining almost 100% against the USD. But at $1.88 VTC found the resistance at 50% Fibonacci retracement level as well as 3/1 Gann Fan trendline, both of which were rejected. Currently VTC/USD has corrected down and it might find the support at 200 Moving Average. In any case, range trading is likely to prevail, at least up until price either breaks below the $0.78 support or above the $1.88 resistance. Break below the support should invalidate bullish scenario and result in further decline. On the other hand, if the resistance is broken, VertCoin might continue going upwards, towards the $3 resistance and beyond.
V
by CryptoPAMM
Vertcoin is bouncing Vertcoin has pushed above the minor trend line that has kept the coin under for around 10 days. The move facilitated the collection of stops which pushed the price higher to the first Fibonacci retracement of 23.6%. If the retracement is really serious, then a bigger move to the upside should follow, to at least 38.2% retracement or higher. The bulls will get more support as the price could not break the horizontal support around 0.0001200. On an hourly chart, the price is stuck in between the 100 and 200 MA. If the price moves above the 200 MA as well, then a move to 38.2% retracement is on the cards. If you are looking to buy, put yours stops below the 100 MA as that is the nearest risk for the bulls. Any move and close below that indicator will put more pressure on the bulls.
by WhaleAgents
VERTCOIN (VTC) – over 500% possible earningsHi Guys! As all cryptos have been sluggish lately this situation seems to be changing. One of the great example is Vertcoin which is totally undervalued coin. It encountered over 80% correction since its maximum in October 2017. Ok so what Vertoin really is? Vertcoin is a digital cryptocurrency that is touted to be ASIC and Multipool resistant with its innovative Scrypt-N hashing algorithm. These resistants make Vertcoin a much more secure and truly decentralized cryptocurrency as compared to other altcoins. The motivation of Vertcoin was the fact that Scrypt-based ASIC mining chip that is used to mine Scrypt derivative coins such as Litecoin and Dogecoin is entering the mass market. That coupled with strong mining pool causes the strength of a cryptocoin to drop as it becomes easier for a specific party to pull a 51% attack and even monopolize the network. Scrypt-Adaptive-Nfactor was created to address that issue. Vertcoin is zero premined and as of the current design, only 84 million coins would ever be created. Vertcoin is said to be the next generation of coins due to its unique hashing algorithm. There may be more altcoins created based on this hashing algorithm in order to defend their network against ASIC miners. Today they announced on Twitter the have 518 Full Nodes which is in our opinion really good result. Most of the volume is generated on Upbit exchange against Korean Won. So most interested people of Vertcoin are from Asia. Coming back to the chart. We observed massive price gain. Everyone has seen this. Is it one time peak? Or is it preview of something bigger? We broke EMA100 (daily chart) for w while. We have to wait till we break for good and preferably we bounce off from this level straight up. On RSI we can see double bottom and very strong uptrend – positive convergence Moreover on MACD chart since March 2018 we can observe positive divergence. We are very low at Fibonacci scale. Fibonacci levels: Target 1: 0.00032860 Target 2: 0.00045460 Target 3: 0.00055643 Target 4: 0.00065827 Target 5: 0.00080325 Target 6: 0.00098793 We can observe new ATH but time will tell. This will be risky. We also need more volume to go higher. Be patient. Stay cool. Observe the market. If you like our job don’t forget to give a like. :) Thank you for helping us the best community on tredingwiev. HUGE Hugs WBM Team
VLong
by WBM_Team
5
#Vertcoin / #VTC - Is it time to move up? Probably YESHaven't done a follow up on #Vertcoin for a while. In my last TA for #VTC the price didn't hold the expected support levels and since then has been falling around... (as most altcoins had been in this same period). At the present, I see that (and IF bitcoin continues to go sideways or up...) Vertcoin can also regain some lost grounds and will try to move up a bit to conquer lost ranges and hit resistance zones... Let's wait and see...
Long
by YearMillion
3