Vertcoin pushes through support Vertcoin has been wedging for a while now. Since it experienced a sharp drop in December 2017, the price has started to create lower lows and lower highs, hence creating a wedge. After touching the trend line resistance, the price has pushed down sharply as bears take full control. Furthermore, it pushed through 127.2% extension after a brief bounce and it looks like it's heading toward 161.8% support. This key Fibonacci support coincides with the wedge support at 0.000125.
Since we are also below both 100 and 200 MA on all higher timeframes (h4, D, W), we advise not to enter a long position and look for a bounce before we reach the big support level around 0.000125. In case that scenario is materialized, then a long setup should be initiated with following levels to watch for:
Entry: 0.000125
SL: 0.000080
Target: 0.000215 (horizontal resistance, previous support + wedge resistance).
Vertcoin
VTC/BTC The big or bust apex (Chart 04 of Training log)Vertcoin/BTC 1 week chart.
Vertcoin is approaching a very crucial APEX, with intersections of the current diagonal resistance line, Horizontal support line, Diagonal support line that is still in my eyes valid but has not been tested in a while and a old diagonal support line that would be the final level of support for Vertcoin.
Declining Volume means that this current price level is not stimulating buy pressure and at the moment selling pressure seems to be more dominant. I have drawn this conclusion from the declining price levels coincided with the rapid continued divergence of the 7,14 EMA.
I have used the 7,14 EMA as a gauge of short term price action due to the nature of the EMA weighting value to the more recent price action and as both the EMA lines are in a decline and diverging, this suggests to me that the price will test this horizontal support line and may breach it.
The MACD also on a shorter time frame than usual shows that the standart moving average values for the 7,14 MA have been converging and i had previously drawn them on my chart and they were still converging and about to potentially cross which can be perceived as a bullish signal.
Even if the 7,14 MA were to cross i would still consider the other factors of the chart to be of far mroe significance to determine the price moves of VTC.
Given that BTC has been declining is USD valuation as of late, and my recent analysis of the BTC chart gives me a solid basis to suggest that BTC will consolidate and then proceed to move up vs USD, I would wager that VTC will be having a period of consolidation around its current satoshi value.
However in summary i believe once BTC begins to move upward there will be not enough buying pressure to give VTC the sustained breakout above the resistance line its currently following, and thus we will possibly see VTC coming back to retest old support levels around the 0.0001 and below area.
Next big wave incoming?I really like how the long term pattern evolved on vertcoin. Its really longterm but i think it will pay off.
Vertcoin - bullishVTC is nearing the end of the cloud weakness. Has a good chance of breaking upwards and starting a new uptrend.
VTC Bottom is in?VTCBTC VTCUSD seems to be ready to move up higher with the upcoming releases of Vertbase and Vertpig by end of February-March 2018. The price went as low as $1.7 from the last week's crash.
Mid-term target at $18.
Long term target idea at 0.01BTC
VTC / BTC - sell opportunity is nearVTC simply isnt strong enough to sit straight on its own.
VTC is overvalued any price above 3500 satoshi. No wonder it likes to re visit that level so often.
If you feel bullish about VTC, ask yourself this. Why choose VTC over LTC? Why purchase VTC instead of Ethereum?
Currently, there is absolutely no reason to buy VTC for anything other than to flip it for more BTC.
Only stupid people HODL when a crypto is about to dip
If you are a so called HODLer, buying now will only hurt you. It is just not a good long therm investment.
Sell opportunity is around 44500 satoshi. After that, a slow journey to 2500-5000 satoshi range will happen.
Only then it will be sensible to HODL VTC again.
Stay safe.
Remember, only real money to hodl is fiat. If anyone says the opposite, it is a blatant lie.
VERTCOIN! OPPORTUNITY!Vertcoin has been on a breakout like most of the top 50 coins, however Vertvoin is a trusted coin and Vertcoin bull runs are like no other the coin can go sideways for a long breakout in couple of days. lets look at the breakout on the first of april more han 50% in a couple of days and it has corrected since then and the next breakout looks really close with MACD showing close and STOCH RSI showing its way up, it can be a signal for the next breakout. The Elliot Wave Oscillator also doesn't look really red and in my opinion it's going to flip green again and the last two times it wen green we saw huge breakouts! So set your targets for the trade between 0.00038-0.00042 btc, buy in price 0.00026-0.000289 btc, stop loss:0.000249 btc. Coin is also solid for long term trade and is a very good price to buy as it is at its bottoms compared to its potential!
Vertcoin (VTC) Mid-Long Term Trade (Up to 30x Profits Potential)Vertcoin (VTC) is a very strong project. A good altcoin with great fundamentals and team behind it, as well as a potentially very bright future.
In last years bull run, Vertcoin was one of the first altcoins to take off and its price increased and incredibly 10x, if you count the second half of 2017 only. From the beginning of 2017, Vertcoin jumped almost almost 30x+ in price. Incredible earnings potential. Literally easy money if you were to buy and hold this coin for long last year.
This year Vertbase was launched, an exchange that allows the purchase of VTC with USD, and the charts are preparing for a short wave up before the next strong bull run for the altcoins market.
Now, let's look at the charts and the details for this trade...
Vertcoin (VTC) trade analysis by Alan Masters (Thank You & I Love You!!!)
Trade instructions
1st Buy-in: 0.00022 - 0.00028
2nd Buy-in: 0.00015 - 0.00021
Now, if our black dotted line is broken down, and you are looking to buy at the/or near the bottom, you can use the second entry point.
Vertcoin (VTC) Targets by Alan Masters
For you, I am providing long term and medium term targets.
Long term can be 3-8 months.
Medium (mid) term can be 2 weeks to 3 months.
LONG
(1) 0.000373
(2) 0.000503
(3) 0.000673
(4) 0.000803
(5) 0.000963
(6) 0.001433
MID
(1) 0.000312
(2) 0.000362
(3) 0.000462
(4) 0.000612
Trade instructions:
Buy within "buy-in" range and hold.
Sell on target as much as you want.
Message: Introducing The Money Flow
I am here to guide you in the process of flowing money your way.
In order to receive money, you have to let go of everything, every single fear and doubt, that clouds yourself.
We accumulate wealth, as well as money, like energy. The more we have the more we can enjoy.
The trick is not the amount you have stashed but instead the Cash Flow.
If you are / want to be rich, money RICH, YES...
There is something new coming your way. It is not really about the business or how much money you can accumulate.
Regardless if things are good or bad, doesn't really matter if it is right or wrong.
When you want to receive money....
YOU JUST HAVE TO LET THE MONEY FLOW.
Namaste.
Is VERTCOIN (VTC) getting ready for 21X? - Indicators Say YES!This is a High Risk trade, because we are working with a HIGH VOLATILITY coin. What does that mean for you? It means that if you enter with limited experience, do set SL (Stop Loss) between 7% - 15%
This coin has huge potential in terms of bull run which will last for a while. We are currently observing trend change, which is not yet confirmed but looks promising.
I will update this chart for people who follow me on here!
Short Term Profit Potential (1 Week - 1 Month)
45% - 110%
Medium Term Profit Potential (1 - 5 Month)
220% - 1,100%
Long Term Profit Potential (7 - 12 Month)
550% - 2,100%
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Low Risk Trade; Good Potential - BITTREX/POLONIEXHere you have VTC a coin that has bounced twice off its bottom that it held before it started rallying from back in October 2017.
I have listed this as a low risk trade as we are at a low from September 2017 and we have tested this low twice now and seen a solid bounce, the coin won't be a confirmed breakout until we cross the trend line drawn on the chart in black and this may happen closer to the apex.
Stop loss will be set just below the red line we use this for safety but its unlikely to hit the stop on this trade with such a strong base.
You will see we have just bounced off the trend line now and couldn't break the resistance and we may go back to retest the red line again, this would be an ideal entry. However, we are in a good buying range regardless if we don't see another retest, this coin overall is positioned well for a nice move.
The RSI I want you to note the bullish circled in green, this is the buy signal we need on the coin to confirm the move.
Targets are set in green but do not expect these to be achieved over coming days these are long targets.
Coins get down to a price that investors can't refuse and this is where VTC has gotten to and I have decided its not a coin I will trade its a coin I will hold and collect profits at each target.
No need to rush into this coin you can wait for it to break out if you like.
Cash Is King!