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#Vertcoin #VTC - Time to buy or refill at this double bottom
Currently, #Vertcoin is doing a possible double bottom and I would be surprised to see a nice run in the near future.
Looking at vtc/usd chart, price is finding support on the ascending support at $2.5 and this range is also a nice psychologic support number that has some weight.
As always, doing the TA for vtc/btc is harder due to bitcoin volatility. Price has fallen below the ascending support line but still hanging around the support fib retracement level.
On both charts the RSI is doing another dip on the oversold zone meaning that we'll probably see some interesting stuff soon... ;) Also on both charts, the ichimoku cloud isn't bullish at the moment and their indicators are still bearish but I wouldn't be surprised to start seeing positive signs in the following days / weeks...
Time to wait and see...
Looking at vtc/usd chart, price is finding support on the ascending support at $2.5 and this range is also a nice psychologic support number that has some weight.
As always, doing the TA for vtc/btc is harder due to bitcoin volatility. Price has fallen below the ascending support line but still hanging around the support fib retracement level.
On both charts the RSI is doing another dip on the oversold zone meaning that we'll probably see some interesting stuff soon... ;) Also on both charts, the ichimoku cloud isn't bullish at the moment and their indicators are still bearish but I wouldn't be surprised to start seeing positive signs in the following days / weeks...
Time to wait and see...
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