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wvb1
28 de Feb. de 2018 0:53

VRCBTC Cup & Handle *Breakout* Largo

Descripción

There was a large purchase 2-27. Volume continued to increase forming a cup and handle pattern.
If volume keeps up, a breakout is likely.

Fundamental Analysis:
VRC is much like LTC, in that it is a coin based of BTC's code with major improvements.
VRC seems to have a following but has not yet reached mainstream.

The sell book has no sells. 20btc buys vs 12btc sells at time of writing. Market cap is also small.
Increased interest in the coin results in large potential for price growth.

VRC seems to have all ready bottomed out after the recent BTC crash.,

*Risks*
Small market cap can make VRC prone to price manipulation, causing volatility,
Please trade at your own risk.

Orden cancelada

Hit stop-loss. Seems like a FOMO trap.
Comentarios
LavKhanna
Seems your analysis was right, just that should have hold for a while :P
wvb1
@LavKhanna, Haha very true. The thing I did instead has grown at half the rate so I do not feel too bad. Trust your instincts and logic.
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