Recently I shared a chart for STORJBTC pointing out the fact that 280 days of bear action were erased in a single day.
You can see the chart by going here and scrolling to the bottom of the post:
Now, Vertcoin (VTCBTC) is going through exactly the same process.
Today VTCBTC increased in value by as much as 135%. Generating its highest volume since July 2018.
At the same time, the value lost from early June 2018 through February 2019 has been gained back in just a few short days. Crazy volatile / Amazing and highly profitable cryptocurrency market.
So 245 days of going down were deleted in a few days, and there is a big chance that this is just the beginning.
Here is the daily chart:
Today's candlestick broke above MA200 (black), EMA200 and EMA300 moving averages, which mark very strong resistance levels.
A close above these levels will signal a huge potential for additional bullish action.
I mentioned in my S&P 500 (SPX), soon to crash, article that many altcoins were setting up to make a strong move... And this is already becoming true.
Read about the SPX incoming crash here:
A new bullish wave is developing within the cryptocurrency markets.
Stay tuned, I will keep you updated and share many opportunities from which you can profit, easily, by simply buying low and later selling high... Perhaps... Now, you can hit LIKE!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.