Vertcoin have touch a new low point on down trend on a 1 h chart, but the real trend is a up trend. Now vertcoin have establish a support zone around 5.5 $ and have created a triangle channel pattern how give a good signal to buy this coin for a mid-term investment.
Buy low around support zone and sell around 7.3 - 7.7 $ when hit the resistance zone. if the price is consolidating around resistance zone, wait the correction and then is a big buy signal again around 7.1 - 7.4 $.
Stop loss i like to be 3 times more small then the reward.
Buy low around support zone and sell around 7.3 - 7.7 $ when hit the resistance zone. if the price is consolidating around resistance zone, wait the correction and then is a big buy signal again around 7.1 - 7.4 $.
Stop loss i like to be 3 times more small then the reward.