VTC Vertcoin 240% Huge Profit Potential
Vertcoin ( VTC 0.18% ). Just like our recent trade AppCoins (APPC) on Binance, I received many, many messages from great people all around the world asking me to look at Vertcoin. To me, this is just another positive signal.
You know that the Altcoins market has been growing through a rough patch lately, this happens at least twice a year and is completely normal. But even with this market correction, which isn't over yet we still trade, there are coins that tend to breakout and make us some money along the way. The risk is definitely higher, but there are too many of us that want to trade. So here is another coin, enjoy all the profits that you can gain.
After looking at dozens of coins, Vertcoin had one of the strongest looking chart, I could even spot positive divergence on the MACD for the 4h and daily chart . But before we get into the analysis and the instructions to trade this coin, let's look at the news, there is something coming up.
*** Vertcoin exchange launching:
- A new exchange called Vertbase (https://www.vertbase.com/), will allow the purchase of Vertcoin ( VTC 0.18% ) vs USD. A USA based exchange that will be launching 31st March.
Note: If you feel uncertain about this or any other trade that I share, please stay on the side-lines, and wait for the one "that calls your name". Wait for the one that you like and you feel is good for you. Or wait for the market to become bullish again, if you don't know what to do. Or finally you can come and join us on this one more trade, it doesn't really matter if it is risky, if there is no risk then there is no gain.
But the choice is completely up to you, there will be many, many more trades, in the near future, when Bitcoin 1.41% start running up good again. It can take another few weeks for the market to become strong, just as it can take another year or maybe just a few months.
*** Chart, Signals & Indicators
Let's start with the daily chart:
- While Vertcoin price was making lower lows, the MACD was registering higher lows. This is called positive divergence, and it is a strong bullish signal.
- You can notice from the chart above that a breakout has already been confirmed, plus a new positive count just started on the TD -0.22% . After the price going down for two months and a half straight.
- The MACD is trending upwards and crossed over a week ago. It is trying to turn bullish , it is showing plenty of room for growth.
- There is enough room for growth on the RSI as well.
- The STOCH is reflecting some actual resistance, which we are facing right now. The rest of the indicators are positive, the STOCH is only indicator giving us mixed signals about this coin.
*** Trade instructions
Buy-in: 0.00039 - 0.00046
Vertcoin ( VTC 0.18% ) Long term targets:
(1) 0.0005525
(2) 0.0007085
(3) 0.0008195
(4) 0.0009610 (All time high)
(5) 0.0013695 (New all time high)
Medium term targets:
(1) 0.0004717
(2) 0.0005212
(3) 0.0006010
(4) 0.0006616
Stop-loss:
(1) 0.00031622 (medium term)
(2) 0.00029822 (long term)
Trade strategy: This is a very solid coin with a very solid chart. You can trade this coin long term, specially with the launch of Vertbase coming soon and a new market cycle starting in a few months. If Bitcoin 1.41% comes crashing down out of nowhere and the price start to go down, you can activate your stop loss. Above you have short term, medium term and long term stop loss.
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