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ew-forecast
Nov 25, 2017 10:29 AM

VERTCOIN: Clear Bullish Triangle Pattern  Long

Description

BITTREX:VTCUSD is forming clear bullish triangle in wave ("IV") which may end soon, because it's in a final stages of wave "e". To be sure, we always suggest to wait for confirmations. Confirmations are very important, because they give you a signal and more chances of being right! So, in this case, our confirmation is a break above previous wave "d" at 4.8 level, which could opens door for our minimum target projection at 6.8!

Comment

Vertcoin hit our projected level! Be aware here, because we have five waves up and after every five waves up follows three-wave correction. Of course, there's a chance for much higher levels, but we always look for minimum target. One more thing: triangles usually signalizing that upside can be limited.
Comments
ClaudeGauthier
Great comment @ew-forecast
Thanks
aliakber2k10
Thank you for analysis Sir
Can you look at BCH? Please?
gora143
Neo is also looking good.
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