Could Be A Good Time To Scoop Up Some Vericoin Here (VRC)

Could Be A Good Time To Scoop Up Some Vericoin Here (VRC)


I just went through my Watchlist on Tradingview and the only one I found that looked decent was Vericoin. I will show you what I mean, here is the daily chart:

See my work over at Steemit: https://steemit.com/@freeforever

Comment: Today we did touch a long term supporting trendline and the stochastics is also very low at the moment, in fact below 20 so that could indicate that we are oversold.

Now, this could definately fall even more, down to the 200 day moving average (yellow line) BUT, I dont see much downside here from where we are now and I wouldnt see this as a trade either, more like accumulating for the long term.

Finally, what is attractive with Vericoin here is that we recently took out the old high from June of last year (watch video for more info on this) and that means that the next step here for Vericoin will be to take out the ATH all the way back from 2014.

Happy investing!

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