$VTC Vertcoin charts and comment

Vertcoin analysis and comment

monthly:

weekly(1):

weekly(2):

daily:

pay atention to the volume and the price, VTC has been pumped in the start and dumped since, whales made alot of profit, they pushed it down to an all time low, and then letting it fly from 2.5k satoshi to 300k satoshi, after which more dumping started. But this time dumping met the flor at a slightly
higher price then last time, around 1k satoshi higher, so ~3.5k satoshi, after
which again a pump occured, this time only to 32k satoshi,after which the price was pretty volatile, the volume realy high, 3 more pumps happenned in the range of 8k satoshi to 20k each time making alot of volume compared to the past, after last of those pumps the price started falling but with near to no volume, which indicates that the weak hands have been shaken off and the whales have it harder and harder to push the price down.
Currently in a hard support zone this price fall indicates a sharp try of the upcomming break upwards and try of establishing the new flor around 20k satoshi, which resistance was tested 4-5 times in the past months.
Further support in the bullish theory give the indicators such as MACD (which is getting ready for what it looks like the first time of holding above 0 on higher timeframe charts), Stoch indicator (which as u can see on the screenshoots is pretty low in the high time frames and also looks like beeing ready for an up move)

Downwards potential obviously marked with the resistance zone lines.
all comments and discussions welcome!