Quick Update On Vertcoin & Monacoin

Lets do a quick follow up on Vertcoin & Monacoin since yesterday. Here is the daily chart for Vertcoin:

Comment: Not much happened today, in fact we basically closed unchanged, but we need to look out for a breakout from the current pennant formation. It will probably occur today and if we will be able to close above the moving averages around 50000 satoshi, I would be much more optimistic compared to what I am now.

Here is Monacoin:

Comment: Monacoin had a better day, it went up 9%. But we are still struggling in this area and we need a daily close above 100000 satoshi in order to say that this will continue to the upside. To the downside, we have touched 75000 two days in a row, so hopefully that is enough in order to charge higher.

Happy trading!