VTCBTC trade ideas
VTCBTC - Daily Heiken Ashi Doji building - Long TradeA Heiken Ashi doji is building on MAMA support, indicating a next wave of price is coming either to the upside or downside. Opening some longs here with tight SL below recent wicks, will be watching next daily candle for HA momentum to upside.
Weighted Daily RSI is showing center while StochRSI is showing heavy oversold, this is also an indication that a price swing to the upside could be coming.
VTC is about to start Wave 5 to 110k!If VTC can shrug off all this BTC vs BCH and incoming BTG nonsense and start to rise, people will start to recognize this coin's potential. While those multiple bitcoins can't come to a consensus on anything and will continue to fork off, killing bitcoin's brand, Vertcoin will shine as the community PoW coin. Mineable and controlled by anyone with a decent computer, this coin represents the original ideology of bitcoin. Havling coming in a month from today and a ton of new features coming in 2018, this coin is at an absolute discount right now.
Breakout for VTC triggeredBreakout for VTC out of the 0.0002-0.0003 btc range.
Target? - unsure exspecially because this is still lowcap.
VTC next leg up soon!Currently in an ascending triangle. Bullish pattern. We might see next leg up soon!
VertcoinThis coin has been on a very bullish run. I am expecting a deeper correction (not really that deep). This is a trading opportunity that I see and not an investing opportunity. What are your thoughts?
Trade with care.
$VTC #BTC forming eliot wavesVTC is increasing no matter of bitcoin is increasing or decreasing. Hilarious.
If it is really forming the eliot waves in the chart then wait to buy at 46-47K for targeting 110K
VTC Update, Big move incoming?Yesterday I painted a bearish view, based on the downtrend and a triangle formation I was watching. Today I'm feeling cautiously bullish on VTC. The triangle broke down, as I predicted, but not with any conviction or big price move. I think the price will now look to test higher resistance. The Bollinger Bands are squeezed tightly, and the Stoch RSI is oversold on higher timeframes.
I'm also watching this blue line, which starts from the beginning of this mini-downtrend, and is acting as resistance that the price action is pushing up against. The Bollinger Band squeeze means we are about to see a big move one way. I'm cautious betting for a break of that resistance. Target 8k.
breakout imminentbeen monitoring for two days now... based on the wallet 0.12 news, this may breakout to 6k range.
2 day watch with dollar costing into vtcfollowing btc surge. this may have some drop down. best option is to dollar cost into vtc as it dips. potential to break out upwards as it has in the past. however it may break out upwards before meeting bottoms. these are safe entry points based on 3 month charts.
Approaching 50% retrace on dailyIf it breaks below bottom trendline - will see if there is support at the orange line (62% retrace).
Good luck.
VTC next moveAs I pointed out in my last VTC chart, it broke downward out of it's impressive uptrend, and has been continuing down ever since. At the moment I'm seeing two things that make this an interesting coin.
1. There's a triangle formed and ready for a move. I would lean towards it being a continuation pattern and a break downward being the next move.
2. Bollinger Bands are squeezed really tight right now. This happens before a big price move.
So I'm expecting a strong move downward soon. However, there is the chance this could break upwards. If it does, then buying the breakout and targeting sells at 80k would the trade.
