VTC-BTC Deep Deep Correction
VTC is coming to the end of a correction and may present to us a good buy opportunity.
From a fundamental standpoint, VTC doesn't really do anything special. It is just an old coin that is solid, has a deep cult-like following, and can do atomic swaps.
I believe that Vertbase will be released soon, and this could be a big deal in the community if it is successful. People will be able to avoid coinbase, and buy VTC with USD directly from Vertbase. It could fail and never come to fruition. I'm not too well read on the whole thing, but I know that there needs to be approval from state to state to allow residents to buy, and if successful it will fill a growing need in crypto.
RSI seems to be trending in the right direction on the 4 HR. I do see potential for one more significant drop, so set stop losses tight if necessary. I do know that in the past this coin was an extremely fast mover, and that is why I have been trying to accumulate some at these current levels.
Take Profit levels matched up with previous high resistance from years ago and also line up well with Fib Levels.
From a fundamental standpoint, VTC doesn't really do anything special. It is just an old coin that is solid, has a deep cult-like following, and can do atomic swaps.
I believe that Vertbase will be released soon, and this could be a big deal in the community if it is successful. People will be able to avoid coinbase, and buy VTC with USD directly from Vertbase. It could fail and never come to fruition. I'm not too well read on the whole thing, but I know that there needs to be approval from state to state to allow residents to buy, and if successful it will fill a growing need in crypto.
RSI seems to be trending in the right direction on the 4 HR. I do see potential for one more significant drop, so set stop losses tight if necessary. I do know that in the past this coin was an extremely fast mover, and that is why I have been trying to accumulate some at these current levels.
Take Profit levels matched up with previous high resistance from years ago and also line up well with Fib Levels.
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