WhaleWatchersTrading

Bounce from accumulation period

Long
BITTREX:VRCBTC   VeriCoin / Bitcoin
Vericoin is low-cap thus more susceptible to market manipulation. There is a lot of good news and developers remain active on this coin. Furthermore we've retreated lower than prior accumulation zones and seem to be building volume. The order books are pretty much sold as far down as they can go and there isn't much volume aside from whales. 2 weeks ago there was a large wash trading order for 200k + VRC obviously someone with that amount of coins would not sell at these depressed prices. All of the coins were bought in one order which is part of the volume spike you see on the chart. This is all to make the appearance of a market awakening. Furthermore there is a pretty signiicant yearly cycle at play with VRC so my targets are the top point of resistance. Good luck!

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