wvb1

VRCBTC Cup & Handle *Breakout*

Lång
wvb1 Uppdaterad   
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.

Order avbruten:
Hit stop-loss. Seems like a FOMO trap.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.