VTCBTC trade ideas
VCT\BTC looking great for mid termWe can see a correction patter right now. But this is related with the whole market big correction.
MACD shows a bullish position. RSI signal goes to the bearish zone.
We need to test support zone. If it can handle the market and won't break then we can see the price goes up, but not to far because we have a strong resistance.
General position is consolidation of power to make a nice run to the optimistic target.
Where Now? - A Vertcoin StoryVertcoin has pulled back almost half of its 80k value from a few days ago.
Here, I present the oversold bounce, followed by the bearish harami pattern, and now this descending channel.
Vertcoin is currently down trending in this descending channel. Confirmation of a trend change would be a break of the descending channel with substantial volume behind the candle.
Hopefully, Vertcoin keeps going down some more so we can reap a bigger spike :)
DISCLAIMER:
Just sharing my own personal trade strategy for future reference. Take this advice at your own risk!
Vertcoin looking StrongVertcoin looking like a very nice setup on the Daily time frame.
MACD convergence confirm bullish signal... RSI level leaves room for upward movement. Vertcoin currently sitting on 100 day moving average.
This coin has a great community and dev team and when it takes off it really takes off.
Currently looking for another lower high to form on the 4 hour chart.
Buy . .00045418 level
Stop . .00038610
Profit ZONES
A. .00059023
B. .00063496
C. .00069786
Leave comment below if you agree disagree or just want to get type :)
VERTCOIN (VTC/BTC): A midterm investment with a high rewardVertcoin is slow but safe. The support/buy zone is clearly defined, the targets can be really high. This coin takes off like a Boeing 777 when it spikes, in the midterm targets over 100k may be achieved. The stoploss is located at 42k zone, so the ratio risk/benefit is really good. Buy/hold for the midterm.
Vertcoin - Buy opportunity - Short term profitA coin with a large following and a solid foundation.
This is a daily chart of vertcoin. We can play with this box with an entry at around 4800-5200 and try to take a quick 50% profit.
Or save some positions for a breakout from the box.
- Just crossed MA50 on 30 mins chart, good position for entry.
- RSI room for growth.
- Stop loss should be set at around 4600
Wish you all a good day of trading my friends!
Vertcoin (VTC) It looks as Vertcoin has finished it's correction from it's ATH , it has also broken its small down trend , I predict it moving up and testing it's previous ATH , as long as we have a sideways Bitcoin .
Good luck and happy trading !
Let me know your thought's on Vertcoin in the comments below !
Vertcoin: Finally Broken OutIf you have been following me, you know I like my vertcoin. We finally got out of the channel and if we get a good consolidation we can go to .00062. Breaking higher will bring us back to ATH, If that happens, I can see Vertcoin going 100-200% in a few weeks. I have a 100 day countdown for vert to reach $100. We are now 92 days away. What are your thoughts?
Trade with care.
VTCBTC - repeating fractals - one month cycleAn almost identical repeat of the patterns/fractals at the start of November. We've had decent consolidation above the support line and are potentially due for a decent run of around 54%. Slightly delayed cycle to the previous one, however all key supports are have held well.
Analysis for my historical/journal purposes.
Vertcoin Descending Wedge Buy Opportunity.Anytime we've seen Vertcoin sub $8.00 it's been easy money. I just noticed this descending wedge pattern forming and I think this thing is ready for takeoff. If you notice, the RSI and MACD have been consolidating for a while and are ready for a breakout. Bullish runs give me the feeling this is going up, as long as Bitcoin continues either sideways or up. So many opportunities today!
Target is just the top of the wedge of the start of the wedge, however there is a chance that this goes higher, so you may want to ride it out. If the market wasn't so overbought, I would turn this into a long-term position.
5 minute charts show this to be oversold. And we are seeing support at the bottom line of the wedge. I made sure I hurried up and got in before it takes off. HOWEVER, there is always the chance that this thing goes south and double bottoms, then that we be a good re-entry. But I set my stop loss right below that. There is a good chance to gain A LOT and also LOSE a decent amount. Be conscious on this trade.
Good luck!