Vertcoin is in a sideways correction after a big bearish move that happened due to the bearish head and shoulders formation. We are expecting a price reversal soon, as in our experience the next move after the completed bearish head and shoulders pattern is bullish. The zone that price is in right now is also previous support and resistance line, so to break through on the bearish side the price would need to be moving with a much larger bearish momentum that it actually is.
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Feel free to grab a copy of our Free Weekly Market Outlook here:
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We wish you good luck with your trading!