VTC/USD - Prepare for breakout towards $3!
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Vertcoin is compressing in the blue apex. Price will soon have to breakout of this area. My bet is we will break-up and pump, first towards .90 cents and then if that resistance level won't hold us, $3 is the next reasonable target.
This bullish scenario is more likely I'd say considering current market conditions where alts are starting to pump nicely and BTC is holding above 50k. Not to mention ETH flirting with
4K for a while now.
This should spillover to VTC which should see some nice price action in the next two weeks tops.
The price has set higher lows since June, same for RSI . This is good. What I don't like that much is StochRSI and MACD . But volume seems to pick up on this 3 day timeframe. This is bullish .
A bit early to make a call, but a clean break from the blue apex will confirm our trend for the next month or so.
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This bullish scenario is more likely I'd say considering current market conditions where alts are starting to pump nicely and BTC is holding above 50k. Not to mention ETH flirting with
4K for a while now.This should spillover to VTC which should see some nice price action in the next two weeks tops.
The price has set higher lows since June, same for RSI . This is good. What I don't like that much is StochRSI and MACD . But volume seems to pick up on this 3 day timeframe. This is bullish .
A bit early to make a call, but a clean break from the blue apex will confirm our trend for the next month or so.
Like and follow if you liked this idea!
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