VTC has no momentum, so you might want to watchlist only. Also the volume is simply not there, but it's worth watching. Long term lower level fibs, seems reasonable.
I'll be watching to see if it holds above horizontal price action (yellow broken line) as well as if it can stay above the 100 day SMA. Looks like we could have potential for a pennant? Look to take some profits at approx 7000sats if this breaks up. Then see what happens once you've locked in some positive gains.
Suggested stop 43,489 sats.
Privacy coins are all the rage atm and this one is historically down vs sats. Verge pumped, now Zcoin, both to me are risky propositions atm.
Now I love NAV more but it's already kind of high relative to historical sats now, so that's got a risky buy in atm too (also I still have some NAV from when I suggested it last time).
What about ZCash? I think it's around $460 now. (it's a privacy coin)
TristanWallace
⋅
@mightytrader, Zcash looks flat as a tack atm, it's a safe buy in as it seems to have found support and is relatively low sats price. That said it just has no volume or hype. I do have some though, hoping it'll do something soon!!!
mightytrader
⋅
@TristanWallace, Great! I'll keep an eye on him. For now, I'm all-in on PotCoin! And then I will move those profits over to TenX (if it doesn't already PUMP). And then I will consider ZCash.