VTCBTC trade ideas
VTC 4 Hour Waves + Equilibrium PatternVertcoin is uptrending and has been rejected by the 0.5 level of the fibonacci retracement.
Currently, it is trading in this equilibrium pattern. Looks to have found some support on the 20 MA.
If it can hold its support level and break past the previous resistance, then it can highly likely reach the next level of the Fibonacci Retracement.
I've bought a position at 56.5k satoshis.
Hope this helps someone out there, happy trading everyone! :)
DISCLAIMER:
Take this advice at your own risk!
Vertcoin (VTC) SMA Trading Strategy When the SMA5 + SMA10 cross the SMA50 I use it as a buy signal.
When the SMA5 crosses back below the SMA10 I use it as a sell signal.
Wait for the SMA5 + SMA10 to both cross back below the SMA50 then wait for the next opportunity when both the SMA5 + SMA10 cross back above the SMA50.
Now I set alerts waiting for that next signal to buy.
Also use MACD + RSI to help determine if the signal will hold true.
Vertcoin 4hr Morning StarVertcoin in downtrend; however, this morning star pattern just showed up.
Potential reversal!
Bought a position at 53450.
Looking to sell at 56k and stop loss is 52k.
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)