Long
VERGE XVG/BTC Breakout of Pennant Imminent
Updated
Bullish Pennant formed. Started wide with high highs and low lows, has tightened up with lower highs and higher lows. About to break out of this and trend higher. Rapid ascension before forming the pennant, we can expect the same coming out of it.
Buy in: 0.00001050 - 0.00001200
Stop-loss: 0.00009420
Targets:
1 - 0.00001146
2 - 0.00001312
3 - 0.00001478
4 - 0.00001714 (resistance level, take % of profit and re-buy)
5 - 0.00002014
6 - 0.00002204
Happy trading,
D
Buy in: 0.00001050 - 0.00001200
Stop-loss: 0.00009420
Targets:
1 - 0.00001146
2 - 0.00001312
3 - 0.00001478
4 - 0.00001714 (resistance level, take % of profit and re-buy)
5 - 0.00002014
6 - 0.00002204
Happy trading,
D
Trade closed: stop reached
Stop-loss hit. Trade closed
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