VETBTC Breakout and Signal

VETBTC has had an interesting price breakout from its bottom. We expect a follow on movement with a short term potential gain of 29% (targets 1 and 2). This scenario is invalid if the price drops back to pre-breakout levels so this gives us a natural place for our stoploss.

Buy: 130 - 133

Target 1: 156
Target 2: 172
Target 3: 191
Target 4: 217
Target 5: 245

Stoploss: 116

Comment:

VETBTC has had a nice rally from our entry point. We will secure our trade now by taking 20% of our profit (8.5% gain). Split remaining capital between targets 1 through 5.

Move stoploss to entry.