VTC/USD - Rally started, Vertcoin at $1!VTC pumped 100% today... what?! Yep. See my idea from yesterday. It was expected.
Now we're hovering just under $1 and the trend is clear, VTC wants to go much higher, but for now we will correct a bit as today's pump was significant.
Indicators on weekly, daily, remain bullish, however on lower timeframes we need to settle on a support level before we can go higher. After that I expect another leg up. :)
To celebrate that VTC passed $1 I am also doing a 100 VTC giveaway, see here for more:
www.reddit.com
Overall bias remains very bullish on VTC. We destroyed some crucial resistance levels these past few weeks, and now 1$ resistance is pierced! Good times ahead.
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VTCBTC
VTC/USD - Cup and handle confirmed, $1 next! 🚀VTC broke the resistance of the cup and handle formation (look at 4h timeframe) as indicated by the 50% Fib line. What does this mean?
We are clear for higher levels! Volume is picking up, MACD is expanding, RSI is rising... bullish!
Moreover, on 4h timeframe we just did a positive cross on MACD... so expect some nice gains. Bias is very bullish.
Our target: aim for $1 as that is a key level to reach for VTC. There are some minor resistance lines on the way, but nothing too significant. Momentum is on our side this time! :)
If you want to buy VTC, I recommend Bittrex (BTC pair) or Bitvavo (EUR pair).
Buying VTC under $1 is a steal... so best to move quick because I don't believe we will be here long. You can also hold it for longer as our long term target is $12 (see below idea).
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VTC/BTC - Vertcoin holding well for next target: 1,500 satoshi!VTC has been holding its price gains very well despite the correction today in the overall market. This is very bullish and as long as we sit above current support we're good for higher levels.
I don't think the resistance at 1,200 satoshi will hold us for long in the next leg up which should comfortably take us to 1,500 satoshi again.
Indicators are looking great and curving back up, so I expect a nice continuation on price going up. The new mining algorithm for VTC has been a great success so far and this will continue to gather interest in the coin.
Good job to the dev team for their work. The Vertcoin discord and reddit communities exploded since the launch of the new algo. This is great news!
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Very bullish. Vertcoin. 20000sats. At least. Hello, Vertcoin started to rise up.
But It is not even really started yet.
Verthash is a revolution of crypto mining system and Vertcoin halving is coming too.
Vertcoin will hit 20000 satoshis at least.
Hold Strong.
Think Long term.
VTC/BTC - New mining algo success - 30% pump!Vertcoin / VTC rolled out successfully its new mining algorithm on 30th January and price gave us an immediate positive reaction with a lovely 30% pump!
The new mining algo ensures that only GPUs can mine VTC (ASIC resistance) which led to an immediate boost in mining profitability for average users using their GPUs. For example yesterday a GTX 1080 could net you 3$ a day or over 10 VTC!
vertcoin.org
However, as more users start mining VTC, the difficulty will adjust and lower VTC rewards, but... VTC price can keep going up at which point even if the rewards in VTC lower, the dollar value is maintained!
The price action reflects this. This is very good for VTC and if things continue in this way, Vertcoin can have a very nice 2021 which together with the halving at the end of the year makes for a very tempting opportunity!
Bias remain very bullish for VTC this year and I expect us to reach 1,000 satoshi soon.
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VTC/BTC - Bullish towards 1,000 satoshi!Vertcoin fork to a new mining algorithm is right around the corner (less than 2 days to go).
wenvtcfork.xyz
Hence VTC will quickly become a to-go coin for GPU mining and this will be reflected in its price which is already rising steadily since early January. At only .20 cents VTC is a bargain considering it's ATH is at over $10!
A $100 buy here can mean $5k if we are to reach ATH levels in this new bull market. That may look unlikely now, but if VTC goes over 1$, then a lot of interest will gather quickly. This change in the mining algo can take us there.
At the same time the technical indicators are looking great on most timeframes and especially on the weekly chart where the indicators are curving up and MACD is 2 weeks from turning positive. It already did on the USD pair.
Price action looking good and bias remains bullish for now.
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VTC/BTC - Breakout towards 100% gainsVTC looking great! We are curving nicely on all indicators and we broke up the falling wedge (bullish signal).
This means, unless we get some black swan event... we are going higher.
Two immediate targets emerge, one at 283 satoshi (+50%) and the other at 637 (+100%).
This is a good Risk/Reward entry. VTC is also due to fork to a new mining algorithm at the end of January, so there is bullish sentiment and quite an increase in activity from buyers around this coin, which is reflected in the volume picking up.
This is a great entry for a swing.
Line and follow!
VTC/USD - Support held, for nowVTC held at 0.14 support. For now. We should expect a move up at least until .20 cents where the first significant resistance sits.
We could also range and re-test the 0.14 support again. It's important we do not lose this level, otherwise VTC price will find new lows.
The VTC/BTC ratio is at all time low, which is not unique to VTC, so we may expect some violent reactions in alts once BTC takes a break.
VTC-BTC not pump yetGreetings,
VTC is in the accumulation zone, the volatility is narrowing in the form of a triangle, the previous time the instrument in the bear market accumulated forces in the same zone, after fixing above this zone, above 3000 will give a good impulse for growth.
The growth targets were marked by potential zones, by volume indicator and where there were strong trades and paranormal candlesticks.
If the idea turned out to be useful for you, support it with likes. I also remind you that I have a telegram channel, the link to which can be found in my profile, where I place ideas more often, and intraday trades.
Update On Vertcoin. (VTC)I got asked earlier for an update on vertcoin.
I have multiple analysis about vertcoin on my page dating from back in last year. Overall we had a massive falling wedge breakout which is bullish, especially with vtcbtc pairing to be at bottom of all time lows. Now let's see how its moving,
First let's see that it has cleared a major average on the top chart represented by the green arrow. That's the first crossover since the all time highs. All 3 ema dots below have been green since late march early april.
I'm looking at vertcoin for a very long term hold as btc has shifted towards its bull cycle. Based off these indications I see no reason to sell as of now.
All Indicators Continue To Shoot Green! (VTC)We have been covering vertcoin since the lows around 14 cents.
The monthly timeframe that we have pulled up above is all firing green!
The monthly timeframe will show you major trend reversals.
The perfect trade setup is when the top chart "the crossover strategy" crosses green candles after compression on dojis.
We then line it up with the "ema dots" below on a green dot close.
When the two line up we look for long term hold.
Based on vtcbtc pair it seems we have already been shifting the trend to the upside.
Hodl on boys and gals!
🥇MLT | PROTRADERS
Go Ahead And Break It, Come On. (VTC)The super wedge breakout pullback rebound off old resistance.
Give me some higher highs please and thank you.
Someone crank up the volume.
$VTC always rose up from 3k satoshi level. Hi, guys. I publish this chart for fun.
I am just doing crypto for fun so don't take it seriously. :)
I found that $VTC always rose up from 3000 satoshi level to the moon at around halving season.
We've been through long term correction of $BTC and waiting for halving time.
So if $BTC goes up with alt coins, I think $VTC will do the same thing that it did before.
Important. 3k satoshi level will be critical for it.
If you are interested, do play with $VTC.
Who knows what will happen.
Let's see what will happen.
She Keeps Moving Vertical! (VTC)Been climbing up all week.
Monthly looking good, can we get the almighty crossover and snap it to the upside?
Long term hodl. Looking Healthy.
Vertcoin cup and handleCup and handle on vertcoin
potentially a nice buy
Cu pand handle is a bullish continuation pattern and should be bought accordinly
Vertcoin Setting Up Massive PLAY!!! (VTC)Symbol: VTCUSD / VTCBTC
Let's compare VTCBTC bottom chart and VTCUSD top chart. The bottom is a monthly performance and you can see we are getting some whipsaw action to curve up after hitting lows around all previous runs. Now up top is the weekly vtcusd wedge. Is it ironic that the wedge is breaking when the monthly below is curving up? If you zoom out on chart look how VTCUSD top chart is a massive potential cup and handle with a wedge squeeze. I'm bullish!
Long term hold.
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VertcoinStock Symbol: VTCBTC
I've been watching this one since towards end of last year at these levels. The monthly looks like it's getting ready to flip as my candles are compressing and firing long. I think this is a steal of a deal. Compare to the last rally. Weekly also looks strong.
Diversify and use 5% stoploss
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Long term BULLISH VertcoinHistory is repeated.
Vertcoin has been depressed for long time, but now it's started to move up and we can see the same pattern in the past.
We are entering into the BULL MARKET.
Take a look at it.
