Free Vertcoin (VTC) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Hold Hold Hold
Last Update / Period
05 Nov / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Vertcoin (VTC) signal with technical analysis on 05 Nov

On 05 Nov, we conducted a comprehensive technical analysis of Vertcoin (VTC), considering 256 signals with intricate details. Here are the key findings: 15 signals suggested buy strategies, while 123 indicated sell strategies. The remaining 118 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 4
Sell Signals: 30
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 4
Sell Signals: 35
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 1
Sell Signals: 33
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 6
Sell Signals: 25
Neutral Signals: 33
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 15
Sell Signals: 123
Neutral Signals: 118
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Vertcoin (VTC) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Vertcoin (VTC) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Vertcoin (VTC) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
Vertcoin (VTC) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 15.73% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **Vertcoin (VTC)** holdings.

Vertcoin (VTC) Price Analysis and Support Levels:

In our current Vertcoin (VTC) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 0.046 We are closely monitoring the price at the first support level of 0.046, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 0.0449 If the first support level at 0.046 is broken, the second support level at 0.0449 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 0.04 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 0.04 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading Vertcoin (VTC). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

Vertcoin (VTC) technical analysis chart

Vertcoin (VTC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0568 0.0732 0.0735 0.0816 0.0995
Support 0.046 0.0449 0.04 0.0369 0.0331
 Vertcoin (VTC) Support and Resistance area (05 Nov)

Vertcoin (VTC) signals list for 05 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Vertcoin (VTC) candlestick patterns on 05 Nov

Today's Vertcoin (VTC) Candle Patterns List:

Doji Dragonfly Doji Hammer Long Legged Doji Short Line Candle Takuri

Vertcoin (VTC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 04 Nov Hold HoldHoldHoldHold
2 03 Nov Sell HoldSellHoldSell
3 02 Nov Hold HoldNeutralHoldNeutral
4 01 Nov Hold HoldHoldHoldHold
5 31 Oct Sell SellSellSellSell
6 30 Oct Buy BuyBuyNeutralBuy
7 29 Oct Sell SellSellSellNeutral
8 28 Oct Buy BuyNeutralNeutralBuy
9 27 Oct Sell SellSellSellSell
10 26 Oct Buy NeutralNeutralNeutralHold
11 25 Oct Buy NeutralSellBuyHold
12 24 Oct Buy HoldNeutralNeutralBuy
13 23 Oct Sell HoldSellNeutralNeutral
14 22 Oct Sell SellNeutralHoldHold
15 21 Oct Hold NeutralNeutralHoldHold
16 20 Oct Hold NeutralHoldHoldHold
17 19 Oct Buy NeutralHoldHoldHold
18 18 Oct Sell SellHoldHoldHold
19 17 Oct Hold HoldHoldHoldHold
20 16 Oct Hold HoldHoldHoldHold
21 15 Oct Hold HoldHoldHoldHold
22 14 Oct Buy HoldHoldHoldBuy
23 13 Oct Buy HoldHoldBuyNeutral
24 12 Oct Sell HoldHoldNeutralSell
25 11 Oct Buy HoldBuyNeutralNeutral
26 10 Oct Buy BuyNeutralNeutralHold
27 09 Oct Hold NeutralHoldHoldHold
28 08 Oct Hold NeutralHoldHoldHold
29 07 Oct Hold NeutralHoldHoldHold
30 06 Oct Hold NeutralHoldHoldHold

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