VERTCOIN (VTC) Aanalysis: A 70% PROFIT POTENTIAL!!! Find out here how and why!

in #bitcoin7 years ago (edited)

Here is a very nice and bullish potential. These are the settings and TA charts that make you richer. The daily chart shows now the very common extended 5th wave...just beautiful on how much profit that makes for traders. The requisite abc (red) is done and waves i, ii, iii and iv have been placed. That leaves wave v to make money from.

Here is a shorter term, 7 day count. Price broke through the upper resistance line and that's bullish and should clear the way for wave v to complete. I labeled the corresponding abc and subdivided c to i,ii,iii,iv and v (red) to show confirm that abc is done.

Here is where I try and work Pattern with EW. I try to foresee the pattern in the making. So, here is a potential Head and Shoulders that could play and give a minimum wave v to $1.70....that would be a 70% profit! Not too shabby! Note the double head pattern...not too common in stocks but dang, Cryptos are giving very nice patterns!

Here is a potential Ladder Entry points:
50% of buys are within the black dotted rungs and rest are evenly spread to the green rungs. This method is best as it removes emotion, fear and greed and FOMO.


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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thanks you for the explanation of the laddering approach

You welcome!
I wish you MASSIVE profits!
Realize that not all rungs will get filled, it's rare that all do. Mostly 3-4 rungs will get filled but that's ok as profits will still pile on!

I know it took longer, and this coin doesn't earn as much on upvotes, but this post is ideal! This is what new and learning traders need to see! I would suggest doing the same for the big coins. I noticed you tend to get many more views when covering a coin like ETH. Add in all these extra tips and explanations, and I bet that upvote ticker goes up up up up!

@haejin - sorry to keep asking, but I have not heard anything back, could you look at PINK and do a brief analysis? It's small, but some potential there. Thanks!

Thanks for the input.
Here is the analysis for PINK, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/pink-coin-pink-analysis-a-potential-27-profit-here-is-how-in-the-blog

Haha....well I know it gets tiring saying the same thing day after day, but you've got new readers each day! And I try to fill in where I can without stepping on any toes.

Good post, thx for sharing!

I have just bought around 10 vtc coins hopefully I'm not late to join the party . Haejin when do think that vtc coin will rise to 1.70 dollars .