XVG - Consolidation pattern ending - great time to buy VERGE

7 gen 2018

XVG - Consolidation pattern ending - great time to buy VERGE

This one will most likely continue to consolidate for another day or so, but set to jump up and look for a new high.

Buy Entry 0.0001074
SL 0.0000966
T1 0.0001288
T2 0.0001503
T3 0.0001933

8 gen 2018

Trade attivo

Hit T1. It is nice to take some profits with how volatile XVGBTC is. Still in the trade looking to move higher to T2.

13 gen 2018

Trade chiuso: obiettivo raggiunto

T2 was reached.
SL should be now at BreakEven (BE) which is where the current price is. Since BTC is turning higher, I am pulling off the last leg at BE, yet as you can see from the chart the technicals still show a nice wedge building and a possible shoot higher if it can get past the three short-term resistance levels.