Verge vs. Bitcoin Strategy for January

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%)

Trade active

Moving to the first entry

Trade active

XVG Verge near entry 1000

Note

if price break down triangle it will retrace to lower support levels

Trade active

Note

We touched support line of triangle, no we waiting for bounce, good time to pick up some verges.

Note

Looks like we going to break support in next few hours. Support zone is 600 - 850

Trade active

Good action near support line. i buy small bag now

Trade active

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.

Trade active

Trade still active until support line isn't broken.

Trade active

Trade closed: stop reached

Breaking Support line

Trade active

Support line holding a price!
I will open a trade using 25%!

Trade active

Targets active!
Target 1: 1356

Entry for XVGBTC after Triangle Breakout: 1400
Target 2: 2811 (90%)

Trade active

Breakout Signal!

Trade closed: target reached

Target 1 DONE!
Target 2 active

Note

If line 8/1 will be broken it's safe to enter for second target

Note

when the price is above the 8/1 line, then this will mean a move towards the target

Note

If you have XVGs, be ready at any moment

Note

It still can't break 8/1 Gann resistance line

Note

bounced from the support

ArShevelev

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ArShevelev

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