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VERTCOIN / BITCOIN

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VTCBTC trade ideas

Vertcoin Trade Idea (Falling Wedge, 100%+ gains possible)Vertcoin Update Log Chart What do we see on this timeframe (1D candles)? - possible falling wedge - back on the lower trendline (bounced on it) - seems to be finished with Leg E from the Falling wedge - weak bullish divergence on the MACD (later on a bit stronger) Given the RSI on the 4H timeframe, given the falling wedge scenario and the bullish divergence + the trendline coming in to play, I'm expecting it to break out in the coming days. Which two scenario's are in play here? 1 - breaking out of the falling wedge from here, as in that case E is done. Breaking out, retesting and then we'll be moving upwards towards the target zones. 2 - not breaking out right now --> another retest of the bottom around 33000 sats and then a breakout and uptrend --> lowest expected. Targets: 1 - 50000 sats 2 - 60-62500 sats 3 - 80000 sats
by CryptoMichNL
1
Will VTC rhyme? updateI am long VTC it is dirt cheap and an improvement compared to similar UXTO based crypto-currencies like LTC and BTC because of its less centralized ASIC resistant Lyra2rev2 algorithm. But most people who are in VTC are probably already aware of its strong fundamentals and it trading at a huge discount, with Vertbase a direct USD to VTC exchange being launched March 31 for starters the future is looking bright indeed. VTC is a long term play for me but traders on shorter time frames might want to put a stop near .0002 Trade safe.
Long
by notify_send
Low Cap everyone forgotten . VTCVTC has been rough. which is good news for us. descending volume i like. got a short term target, accumulating since 33k SATS -1.18% , and will do so till red line. VTC -0.48% is solid and underground. Hard as fuck to mine etc. I like companies who have been around, because this next alt season will be one to remember. Prepare while everyone bites their nails. should have accumulated while others watched SuperBowl. Question is, how hungry are you?
Long
by vKRYPT0bhai
VTCBTC approaching 5th wave?Nothing is better than when good TA meets good FA and I think we may have that happening here. I think TA wise this chart provides a great risk:reward due to a potential 5th wave of the Elliott Wave. Due to where it is located, though, it can not close on the daily much lower or else it will be invalidated but the upside is tremendous if it holds its current level and continues to climb. I also like it's current level as it hovers right around that 200MA. Also, the constant descent in volume since its last run is encouraging. All it takes is one volume spike here to send this thing running into it's 5th wave (and the 5th wave is known as the longest of all 5 waves). I think it provides good r:r here because on top of this TA the FA looks good also. Vertcoin exploded a few months ago leading up to its halving and has cooled considerably since, but looks to me like it's ready for its next run. This coin still is tremendously undervalued IMO and they have a lot looking good for them upcoming. They continue to push to get added to new exchanges. They were added to one in the UK today. Being added to Binance would be ultra-bullish so be on the lookout for that. They also have Vertbase releasing in Q1 of 2018 which is a fiat/VTC exchange in the US which will eliminate the need to go fiat-BTC-VTC in order to purchase this coin. That will allow so many new investors to be able to purchase VTC in a lot easier and less difficult manner. On top of that they recently assembled a marketing team to ramp up their efforts to alert the masses to this undervalued coin. All in all I think this set up looks great on a coin that I believe in and now I just hope that this 5th wave is validated so that we can all enjoy a run to new highs over the next few months.
Long
by JarrodPlotnick
Vertcoin VS Bitcoin +125% Is ExpectedVercoin has been going through an extended consolidation period, with a slite decline tendency. After reaching 96k satoshi high, the price was moving slowly towards 32k satoshi where it was stopped after rejecting the 8/1 Gann Fan trendline. VTC/BTC formed a bullish divergence on the MACD, rejected the support trendline and broke above the descending channel. All these facts suggest that the uptrend could continue at any time with the first upside target being at the previous high - 96k satoshi. Although to stay on the safe side, perhaps it is better to wait for the break above the 46k satoshi resistance and the downtrend trendline. Only break and close below the 22k satoshi support could invalidate bullish outlook.
Long
by CryptoPAMM