VTC has formed a double bottom on the $0.45 level and has a bullish divergence on RSI. If we manage to push above 0.60 then the double bottom will be confirmed and we should be clear to re-test the resistance at $1. Possible paths on the chart. VTC remains very bullish long term and I expect us to make some significant gains once this correction in the overall...
Incoming golden cross confirms the price correlation at (a) Massive head and shoulders present at the top of the previous bull trend Bullish, lets go!
Short Term: Vertcoin finally broke out of its descending channel tonight. Volume seems low but if this continues we could see a decent leg up here. Set a stop loss - if we re-enter the channel it could go the other way. ---- Long Term: Vertcoin's new Verthash algorithm is the gold standard of ASIC-resistance. That combined with the easiest to use miner (One...
Today the whole market had a flash crash of 20% or more depending on the coin. VTC held quite well and has now recovered most of the loss. This is good. Moreover, we touched the diagonal support which held well and we're above $0.65 cents. This level was an excellent buy zone for VTC long term. Unless the market continues down, I expect VTC to reclaim its...
I see a giant cup & handle which will attempt to form, a double bottom as part of the handle, and an incoming halving at the end of the year. BTC is also particularly strong, which VTC is historically used to follow.
VTC pumped 100% today... what?! Yep. See my idea from yesterday. It was expected. Now we're hovering just under $1 and the trend is clear, VTC wants to go much higher, but for now we will correct a bit as today's pump was significant. Indicators on weekly, daily, remain bullish, however on lower timeframes we need to settle on a support level before we can go...
VTC broke the resistance of the cup and handle formation (look at 4h timeframe) as indicated by the 50% Fib line. What does this mean? We are clear for higher levels! Volume is picking up, MACD is expanding, RSI is rising... bullish! Moreover, on 4h timeframe we just did a positive cross on MACD... so expect some nice gains. Bias is very bullish. Our target:...
Hello, Vertcoin started to rise up. But It is not even really started yet. Verthash is a revolution of crypto mining system and Vertcoin halving is coming too. Vertcoin will hit 20000 satoshis at least. Hold Strong. Think Long term.
VTC new mining algorithm (Verthash) was successfully launched on 30th January which has propelled the price higher, doubling in less than two days and breaking a very important resistance line as presented on the chart! This shows we are clear to go MUCH, MUCH higher... with a final target around $12 or more! The new mining algo is ASIC resistant and allows...
Vertcoin fork to a new mining algorithm is right around the corner (less than 2 days to go). wenvtcfork.xyz Hence VTC will quickly become a to-go coin for GPU mining and this will be reflected in its price which is already rising steadily since early January. At only .20 cents VTC is a bargain considering it's ATH is at over $10! A $100 buy here can mean $5k...
Please see my other idea for Part 1 (ranks 1 to 5), linked below. 6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized...
VTC managed to get out of it's bottom formation, pushing above the neckline as shown in the chart. Questions is now, can VTC push above the previous support turned resistance? We really need to get back above 0.30 cents if we are to have a sustained gain in price. With the launch of the new Verthash mining algorithm for VTC in late January 2021, we may get...
Fundamentally, VTC has some good news coming with the new mining algorithm due to go live in late Jan, early February. This is bullish. Analyzing the price action, we get a similar picture. VTC has painted a very nice W formation which is a strong reverse indicator. However for this to confirm we need to push higher above the neckline at .18 cents and keep/hold...
VTC tested the major support at 0.14 which held and now we turned the local resistance at 0.16 into support and moved higher. Our next resistance/target is 0.25 which is also a Fibonacci 38.2% level. If VTC manages to re-claim 0.25 level and push higher, we may see a nice recovery in price after we corrected sharply in late September from 0.4 level. If we pass...
VTC held at 0.14 support. For now. We should expect a move up at least until .20 cents where the first significant resistance sits. We could also range and re-test the 0.14 support again. It's important we do not lose this level, otherwise VTC price will find new lows. The VTC/BTC ratio is at all time low, which is not unique to VTC, so we may expect some...
I got asked earlier for an update on vertcoin. I have multiple analysis about vertcoin on my page dating from back in last year. Overall we had a massive falling wedge breakout which is bullish, especially with vtcbtc pairing to be at bottom of all time lows. Now let's see how its moving, First let's see that it has cleared a major average on the top chart...
We have been covering vertcoin since the lows around 14 cents. The monthly timeframe that we have pulled up above is all firing green! The monthly timeframe will show you major trend reversals. The perfect trade setup is when the top chart "the crossover strategy" crosses green candles after compression on dojis. We then line it up with the "ema dots" below on...