Technical analysis:
. VTORRENT/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone...
Hello Traders, today I founded 2 coins that didnt recover yet. VTR and Sirin Token (look in my charts).
As you can see in 1D chart, VTR is creating rounded bottom, ready to breakup short term downtrend line soon.
RSI and MACD support bullish movement. Its one of that low marketcap which may give us nice profit.
In my opinion its worth to buy it and hold for some...
We went through some XXX/BTC crosses and saw interesting pattern on BITTREX:VTRBTC (vTorrent). Well, since we saw a potential bottom on cryptocurrencies, there's some new opportunities on ALTcoins and one of them is vTorrent, which has clear five waves up into black wave A and three-wave correction into black wave B. Currently you can see it's already bounced...
vTorrent is expected to receive some huge news given the recent teaser tweets from the developer. It tested the 3600sat resistance twice now and could potentially break it given that the news will match the built up hype. If you go for this trade you need to realise that this is an extremely high risk high reward trade because the trading volume is very low and...
