XVGBTC - Bullish Ascending Triangle - watch for the breakout
Every ALTS Charts are reacting to the KING of the crypto - BTC -0.38% I always wait for BTC -0.38% to give bull signal and confirmation before entering a trade in ALTS NEVER enter in a trade without an exit plan (stop loss) NEVER risk what you CAN'T lose.
-BULLISH CONDITION
The 'master resistance / support' - 00000240 - is a dangerous price range to trade.
I am waiting for the price to closed above the 'breakout zone' to confirmed further strenght. Higher low will still remain and the bull trend would be intact.
-BEARISH CONDITION
If the price closed below the support zone , it is going to go further down. Lower Low will change the trend.
In this scenario, I will reevaluate the market stage and a new entry.
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