Technical analysis: . VTORRENT/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: . The price is in a downtrend and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone...
Technical analysis: . VTORRENT/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: . The price is in a downtrend and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone...
We went through some XXX/BTC crosses and saw interesting pattern on BITTREX:VTRBTC (vTorrent). Well, since we saw a potential bottom on cryptocurrencies, there's some new opportunities on ALTcoins and one of them is vTorrent, which has clear five waves up into black wave A and three-wave correction into black wave B. Currently you can see it's already bounced...
Still looking for confirmation. If breakout happens the new target price is around 0.00002700 BTC. Also VTR Bittorrent client is release in 2 weeks so be ready. bitcointalk.org