VTC starting uptrend and going to the moon

26 Feb 2018

I can see several signs of uptrend forming. RSI is rising. MACD already made a cross and is rising too. And finally we have a 382 fibonacci level that very clearly plays support/resistance zone. And now it is overjumped and should become a support allowing VTC to get going. Also the 77MA wave is growing and soon the price will jump on it as on a surf board. If the triangle will be broken as I draw it will be "TO THE MOON" situation that all of us loves so much. But the game will be risky as it will fall five times faster than it grew. In any case safe zone for buying is only after VTC bounce from some new support zone higher than previous. Probably it will be ~0.00040000

P.S. I'm just describing what I think. I may be mistaken. Trade on your own risk.

28 Feb 2018

Nota

Unfortunately VTC decided the other way and crossed triangle downside. That was a clear signal to sell all you have and definetely not to buy anything. Currently I don't see any chance for VTC to return back within a week or more.