VERT/BTC - Possible Cup & Handle Formation, Potential 55% Profit

1. Dez. 2017

VERT/BTC has been in a downtrend since the last major run up but has been consolidating nicely towards the bottom of a descending triangle. Volume has also been picking up over the past few days and it appears to be forming a nice cup and handle. This is a recipe for a potential breakout for another huge run.

Great fundamentals for the coin as well. Nice opportunity overall, long term bullish . I am expecting a test of recent high around .00096, before a slight retrace before it continues the trend upwards. Possible 55% profit.

As always before placing a trade, DYOR. I am not responsible for your personal finances or the decisions that effect them, only you are.

NOTE: Please disregard the post right before this one. I had used the wrong exchange, POLO instead of Bittrex, and used some funny math on the potential profit percentage. This is the up-to-date idea. Thank you for understanding.

1. Dez. 2017

Anmerkung

If you haven't got in yet, you could either wait for a slight fallback to the triangle, (~.00059), or try to enter around .00061-.00063. When vert decides to move, it is usually aggressive so I am not expecting much of a pullback if the days candle closes above the triangle.

4. Dez. 2017

Anmerkung

Slight correction after the massive pump yesterday, but nothing to worry about. We are still on the path to our target. The halving happens on December 12th and I would expect us to hit our target sometime within the days leading up to or by that date.

6. Dez. 2017

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