VTC 4 HOUR TIMEFRAME BULLISH despite ALT SELLOFFVTC is a good buy with its discount price. Los Angeles 12:08PM.
CheckList:
Price Action above cloud support.
Price Action is near .5 level for a good buy.
Price Action is in an upward trend (between purple lines).
RSI and Stoch is showing upward strength.
Have a stop loss near your initial buy.
VTCBTC trade ideas
Vertcoin Buy OpportunityA lot of coins are down, it is a matter of time until people start realizing the gain they can make on the drop in price is worth more than waiting for bitcoin gold. We do not buy when price is moving up fast, so the opposite should apply when something drop fast but have no change in fundamentals. Is Christmas coming earlier this year?
I am waiting for Vertcoin to get to the red line before buying, but anywhere within the zone is a buy.
Trade with care.
VERT-ical entry...Nice little window here at the edge of the Pitchfork between the 50 and the 61.8%. You'll know quickly. Very low risk with an excellent risk-reward. First target is 7.7-to-1 but there are targets way above that should be considered for longer-term targets. Low risk, high reward... what's not to like. I'm in...
$VTC next targetLast price spike seems to be an usual pump and dump, since we see a retracement lower than 0.382 fib level. 4 hr stoch RSI is overbought and going down. There could be some upward movement (MA20, oversold on 30 min and 1 hr RSI, bullish icihimoku cloud), but in midterm I would say that it's going down to highlighted support levels. I do not advise to buy it right now.
VERTCoin trading plan for my brother :)I see $VERT dipping soon to test previous support levels either at the fib786 or fib618 area. I would enter this trade after short trend reversal at these levels. Stop-loss would be at red level (just below previous support levels) and profit just below previous high.