CryptoKraven

XVGBTC - Bullish Ascending Triangle - watch for the break

BITTREX:XVGBTC   Verge / Bitcoin
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.

Thank you,

CryptoKraven
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