As you can see we have a nice compression figure call pennant pattern. It can either breakout in a bullish or bearish way, just look closely to the evolution in the next few days and get ready to react.
Large pennant forming on VTC. This typically suggests a continuation of the trend, which appears to be up, but it’s always better to wait for the signal. If we get a good clean break up with a closed candle on the 1D chart, I think it would be a wonderful opportunity to buy. I have high hopes for this little coin.
Stop-Loss: 4$ Take -Profit1 : 4,67$ Take - Profit 2 : 5$ Take - Profit 3 : 6$ // Long Term Good luck folks
Market is currently testing bear trend and support @ $4.24
DMI about to confirm the buy signal, RSI following the upward movement. MACD crossed supporting upward movements, it's great time for Vertcoin to go where it supposed to be specially with the Bitcoin expected dip.
This coin has been on a very bullish run. I am expecting a deeper correction (not really that deep). This is a trading opportunity that I see and not an investing opportunity. What are your thoughts? Trade with care.