This is an update to the previous 1Day VTC POST. Los Angeles 11:33 AM 4 HOUR TIME FRAME.
I've observed VTC's long term trend. Not quite an Elliott wave Pattern, but this chart tends to accumulate with 3 peaks, for a boom on the 4th peak. I got into it VTC on the 9/29, and sold earlier this week for 33% return, Ran a market buy order at my fib re-entry, only to be surprised by the symmetrical dip we observed across all charts. I regret not buying...
MACD is crossing to the positive side, it's moving out from an overbought position, just crossed SMA50 on 5 min candles, and bouncing on a long term trend.
MACD shows the conversion line beginning to rise for a cross AND we just bounced off the lower Boll Band. If the price crosses 50-day MA, I'm going to buy.
Vertcoin shows a bullish Ascending Triangle pattern as a continuation pattern. Such charts in a dominant uptrend a very bullish. Notice the multiple attempts at the $1.20-$1.30 resistance level along with a rising hypotenuse. This indicators pullbacks are being bought, so accumulation is occurring. At some point, maybe after a few more tests, that...
Really excited for this coin! You can see all the Elliot Waves playing out perfectly. After the retrace I see this forming a cup and handle before it super moons! link for my signals is in the description!
Congratulations to VTC for the price target in just 9 hours.
if not brocking next 10days blueline then going up to around 0.0005 maybe higher. I assume that's the pump frequency!
Very clear ascending triangle pattern reinforced by indicators, wait for breakout and buy above the highest of the first candle that opens and closes above the resistance level.
It seems that VTC finally found the new support and it's ready to start climbing. Surely in a buy position.
Vertcoin is bouncing off the 77 MA and out of the downtrend. Confirmation at .000265 Fib level targets at .000327 -.00041-.00051
If it can break 0.00022000 you can find treade chance. Do not touch until see break this resistance 0.00022000
Vertcoin is setting up support on the .786 fib. Should be good support for another quick rise to ATH. Potential retest of the .618 fib level but lots of momentum built up in this last move. Watch as VTC bounces off the 77 MA on the next rise and retracements.
Classic bottom spike incoming. Based on VTC's track record it wont surpass yesterday's highs, but maintain for several hours with continuous loss after spike
Compared to previous Bull spike, this recent climb apears to be lacking the ratio of growth to push VTC to the next level. We'll see if I'm right, but I sold at the current peak. 50% growth
VTC and BTC trade very similarly. Both showing bullish patterns and break outs here, but VTC is much easier to get in on. 4hr candles about to turn bullish, daily candle just entering the cloud in bullish patterns. No need to get fancy with this one, great buy here.