Vertcoin - Massive upside potential.A hidden gem in the rough?
Vertcoin shows a bullish Ascending Triangle pattern as a continuation pattern.
Such charts in a dominant uptrend a very bullish. Notice the multiple attempts at the $1.20-$1.30 resistance level along with a rising hypotenuse. This indicators pullbacks are being bought, so accumulation is occurring.
At some point, maybe after a few more tests, that resistance line will break and a move of $0.70 will be in order. That move is calculated by taking the widest point of the triangle and adding it to the breakout point.
The Target therefore is near $2.00, which obviously is a massive jump from here. Needless to say, such crypto's are highly illiquid and speculative.
Such charts in a dominant uptrend a very bullish. Notice the multiple attempts at the $1.20-$1.30 resistance level along with a rising hypotenuse. This indicators pullbacks are being bought, so accumulation is occurring.
At some point, maybe after a few more tests, that resistance line will break and a move of $0.70 will be in order. That move is calculated by taking the widest point of the triangle and adding it to the breakout point.
The Target therefore is near $2.00, which obviously is a massive jump from here. Needless to say, such crypto's are highly illiquid and speculative.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.