VRC BTC POLONIEX 4H

29 May 2017

After a rather volatile previous 5 days, it appears that Vericoin has come back to a consolidation area as anticipated. This is a repeating pattern, towards the bottom a trending channel and pennant (blue line). We are also under the cloud, under the 4H 50 RSI and showing a short term (4 day) repeating bounce of the 4H 200EMA. It has hit the 200EMA on a 4H time frame 3 times recently with the last 'tap' within the past 8 hours. In the past 4-5 days during theses taps onto the 200EMA the market has moved up considerably within 12 Hours of doing so. This does not necessarily mean it will again, but it may be an attractive entry point for some. Overall I still see the market as Bullish, with a needed and expected re-visit to this consolidation zone.

Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.


Homepage: vericoin.info/
Slack: vericoinandveriuminvite.herokuapp.com/
Twitter: twitter.com/VeriCoin
GIT: github.com/vericoin/vericoin
Roadmap English: vericoin.info/downloads/roadmap_V1.pdf
Roadmap Spanish: vericoin.info/downloads/roadmap_V1_spanish.pdf
Roadmap Chinese: vericoin.info/downloads/roadmap_V1_chinese.pdf

My Twitter: twitter.com/BTCFailWhale

If this has helped you in any way & you are inclined to do so, a small thank you can be sent below every little bit helps us small timers.

BTC: 1um3313w6fJhrfirj9mXz7y2GAm761Tqq
VRC: VHqBcdAjkXVbaxZ7EsXsBzy2LLNyicgzDT