JolleyCrypto
Panjang

$VTC Ready For the Next Wave

POLONIEX:VTCBTC   Vertcoin / Bitcoin
I've always liked this coin because of the perfect Elliott Waves this market creates. This one just broke previous ATH             and landed on support so i expect to see another leg in the Elliott cycle
Komen: Breakout confirmed. Next stop Moon ;)
BTC Tip Jar: 1HeAnf3q6FQr36gntT7mixMV1zB9qjnrsH

BCH Tip Jar: 1FTdDDMbN2BA5VZxr3KWWkHu9caa2enfMg

ETH Tip Jar: 0x6a2F61303740b75a3D97F90d2c19F78b594eCe6c

LTC Tip Jar: LdX3ZsG9D3P5dWSAMxmcC3ZZrAeYoNFYTb
i thought downward triangles were bearish? can someone tell me why this wasa bull indicator? (im new)
Balas
@Shevymc, It would be if the support levels, were consistently being lowered. It would show instability and uncertainty within that market. But this one had consistent support levels, but with diminishing highs. Which accumulated into a volcano of pressure which shot upwards.

True, it could have possibly shot down also. But the fact that the support level was so clear it was unlikely. And it is best to buy when breakout is confirmed past the trendline
Balas
Is resistance at .00065 or .0007? I'm thinking about making a late entry here.
Balas
Thx for this trading Idea.
We go to 0.0002 ?
Balas
what is the target ?
Balas
@im_sng, 200%
Balas
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