XVGBTC Price formed triangle Buy on support line, sell on resistance.
I got Two Entry price and Two Target for this Setup:
Entry for XVGBTC: 1000
Target: 1456 (46%)
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*Entry for XVGBTC after Triangle Breakout: 1500
Target: 2811 (90%)
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Moving to the first entry
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XVG Verge near entry 1000
Commento
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if price break down triangle it will retrace to lower support levels
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Commento
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We touched support line of triangle, no we waiting for bounce, good time to pick up some verges.
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Looks like we going to break support in next few hours. Support zone is 600 - 850
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Good action near support line. i buy small bag now
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We can see Pullback from support level. If your have bought at 1000 your Target: 1456 (46%) Anyway, you can join now to get target 1. Use capital management.
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Trade still active until support line isn't broken.
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Trade chiuso: stop raggiunto
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Breaking Support line
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Support line holding a price! I will open a trade using 25%!
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Targets active! Target 1: 1356
Entry for XVGBTC after Triangle Breakout: 1400 Target 2: 2811 (90%)
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Breakout Signal!
Trade chiuso: obiettivo raggiunto
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Target 1 DONE! Target 2 active
Commento
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If line 8/1 will be broken it's safe to enter for second target
Commento
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when the price is above the 8/1 line, then this will mean a move towards the target