Been sideways forever and now that all markets are down, it's time for the sleepers to wake.
Holding vericoin is good idea or waste of money? I mean I want to hold it until it reach 40k SATs .Is it possible ? It seems coin development is good and has first binary chain development in progress.But problem is that there are no investors in this coin.It is far better than other coins but it has no financial support.
Even though it may be too early to introduce some firm wave structure for this crypto, it reflects to some extent Komodo behavior for last 2 weeks
We need more volume to keep the trend up, otherwise we'll be back to the next support. The lines looks good, VRCBTC should be up for a re-test. If volume doesn't keep up it will dump.
Bullish engulfing candle indicates momentum changing back to the bulls. Looks like VRC is creating a new market cycle out of this Cup&Handle Formation. A bounce off the .618 would indicate this trade valid
First chart on VRC, so take it with a grain of salt. After spending the last 4 years trading Bitcoin, I'm going to give it a try at some alts. VRC looks interesting as it appears to have a large C&H formation which has recently completed and the rally has already begun, but it's still early. The depth of the cup shows potential for approximately 4000% increase...
It has survived the last bitcoin gain which means it's still on bullish trend
The price signal is in channel and heading down to support 1. Price might bounce from S1 and head to traget 0.00019489 else price will break S1 and head to S2 and then bounce from S2 to taget 0.00019489
I will be making a position on VRC before their Web Summit conference. You can learn more on VeriCoin here portal.vericoin.info and their Twitter twitter.com Make sure you research other social media outlets such as Reddit, Facebook ect on VRC.
VRCBTC has touched the daily demand zone, therefore we would typically expect price to push away to a higher supply zone. On the smaller time frames, a number of break out patterns are forming near the demand zone. These are low risk trade setups with favorable risk/reward ratios.
We have several factors pointing up, 1-month-old support, Fibonacci's retracement, uptrend, but on the other hand, we have the 50 EMA working as a resistance and the stochastics show that we are far from oversold. I will definitely observe how it will behave from here, if it crosses the EMA it's a very good sign and also if the stochastics go down holding the...
Vericoin has so much room to grow and is on a nice path up. I'm guessing at least back to 7500 soon after the last dip
Price at time of making this post: 16K Vericoin just reinvented the blockchain: www.youtube.com It is going to moon $100m+ 10x+ from here, 10m market cap 6/15/2016 while writing this best of luck