wvb1

VRCBTC Cup & Handle *Breakout*

Panjang
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POLONIEX:VRCBTC   None
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.

Pesanan dibatalkan:
Hit stop-loss. Seems like a FOMO trap.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.