Recently I shared a chart for STORJBTC pointing out the fact that 280 days of bear action were erased in a single day.
You can see the chart by going here and scrolling to the bottom of the post:
Now, Vertcoin (VTCBTC) is going through exactly the same process.
Today VTCBTC increased in value by as much as 135%. Generating its highest volume since July...
Vtc showing some profitable future movements
Trading Indicators
macd shows positive growth after such a downfall, ready to attempt to retest previously failed highs
rsi shows momentum gaining
price is still under ichimoku cloud, but growing towards it ready to test resistance
we can see the price doesn't stray far from its support line, with that said stop...
$VTC - VertCoin HIGH RISK, GREAT RISK TO REWARD THOUGH
CMC: coinmarketcap.com
CMCAL: coinmarketcal.com
Acquire: 9588 to 9788
STOP LOSS IMMEDIATELY AROUND 9300
Short Term Targets:
First: 9941
Second: 10334
Third: 10652
Fourth: 10969
Mid Term:
First: 11423
Second: 11999
Third: 12731
Fourth: 13114
This coin has been forgotten about, It was right up there with...
BITTREX:VTCBTC flashing perfected 9 Buy on Monthly timeframe per TD....also just happens to be consolidating very nicely near bottom range of a nice channel for 60+ days.
Check mark on chart was when it went 110%ish in <6 hours thanks to a small pump-group (this thing moves very fast both directions due to lower liquidity AND IS why it's been the target for pump...
hello every body
# Buying and selling is written on the chart .
# The Bollinger Bands on the daily chart have become very tight and we wait strong liquidity to start .
# We have a resistance in the way in 12000 is moving average (100) , 17000 moving average (200) .
Good luck for us
Daily prediction for the following days / months - Personally I think VTC has reached the apex point and it's very near to trend reversal that may come in early November
Vertcoin looks to be basing out here, 10k sats strong support & definitely a good area to start those buys ready for the next cycle, I will be targetting the 1.618 in next cycle. Roughly 150k sats
![VTCBTC: [PATIENCE IS KEY] Vertcoin Goes Up 135% (500% to 1400% to ATH)](https://s3.tradingview.com/v/v7fmzKmC_mid.png "[PATIENCE IS KEY] Vertcoin Goes Up 135% (500% to 1400% to ATH)")
