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!
If VTC will manage to break through 27k sats resistance, along with MACD reversal, it will be my next bet.
Profit target is not huge, but a nice +25/30% with relatively low risk.
Target price is the gold line (35.5k sats), and I'd put a stop loss at 25k.
Nice little window here at the edge of the Pitchfork between the 50 and the 61.8%. You'll know quickly. Very low risk with an excellent risk-reward. First target is 7.7-to-1 but there are targets way above that should be considered for longer-term targets. Low risk, high reward... what's not to like. I'm in...
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
Last price spike seems to be an usual pump and dump, since we see a retracement lower than 0.382 fib level. 4 hr stoch RSI is overbought and going down. There could be some upward movement (MA20, oversold on 30 min and 1 hr RSI, bullish icihimoku cloud), but in midterm I would say that it's going down to highlighted support levels. I do not advise to buy it right now.
the Support we can see is good and strong
if we dont break through Support and reach a higher high we can than open a Long postiion
but watch out for bigger time Zone like 4hours or a day
Tested resistance and bounced off of it, stoch RSI on 4 hr is capped. Think we will test support(s) and move up afterwards in a sort of ascending triangle pattern. Let's see if the support holds :)
I see $VERT dipping soon to test previous support levels either at the fib786 or fib618 area. I would enter this trade after short trend reversal at these levels. Stop-loss would be at red level (just below previous support levels) and profit just below previous high.
