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VTCBTC, LONG and STRONGI've observed VTC's long term trend. Not quite an Elliott wave Pattern, but this chart tends to accumulate with 3 peaks, for a boom on the 4th peak. I got into it VTC on the 9/29, and sold earlier this week for 33% return, Ran a market buy order at my fib re-entry, only to be surprised by the symmetrical dip we observed across all charts. I regret not buying the mega dip, But I project over 100% return on VTC positions opened at my fib retracement line. Please comment with ideas, and upvote so I can start chatting with fellow cryptopians.
VLong
by Fibwizzard
5
Vertcoin Buy OpportunityA lot of coins are down, it is a matter of time until people start realizing the gain they can make on the drop in price is worth more than waiting for bitcoin gold. We do not buy when price is moving up fast, so the opposite should apply when something drop fast but have no change in fundamentals. Is Christmas coming earlier this year? I am waiting for Vertcoin to get to the red line before buying, but anywhere within the zone is a buy. Trade with care.
Long
by AbdorhmanThi
4
Vertcoin - Massive upside potential.A hidden gem in the rough? Vertcoin shows a bullish Ascending Triangle pattern as a continuation pattern. Such charts in a dominant uptrend a very bullish. Notice the multiple attempts at the $1.20-$1.30 resistance level along with a rising hypotenuse. This indicators pullbacks are being bought, so accumulation is occurring. At some point, maybe after a few more tests, that resistance line will break and a move of $0.70 will be in order. That move is calculated by taking the widest point of the triangle and adding it to the breakout point. The Target therefore is near $2.00, which obviously is a massive jump from here. Needless to say, such crypto's are highly illiquid and speculative.
V
by BobLoukas
7