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CoteInvestments
29 nov 2021 22:49

Vertcoin Poised for Breakout as Halving Looms 

Descrizione

I have followed Vertcoin since 2016. Vertcoin has it's own halving cycle and each cycle the coin has a large rally. Vertcoin halving is around the corner, currently on schedule for December 8th, and the chart is technically bullish. Here is why:

Nearing a Golden Cross on the Daily.
Nearing a Golden Cross on the Weekly.
Weekly RSI gaining strength.
2017 trend line directly overhead from the last halving cycle.

This is something to keep an eye on during the month of December.
Commenti
noam_chom
shit. this looks like Zcash also, are all dino coins setup for false hope like this?
CoteInvestments
@noam_chom, Alts will always be tied to Bitcoin performance, so even a strong technical setup can fail to validate in your currency pair if Bitcoin corrects or crashes. When investing or trading alts you have to always keep in mind Bitcoin technicals and incorporate that into your potential stops. Entry and exit, stops, a long or short term hold, is all up to the individual. All we can do is look for good technical setups and see if there is follow through.
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