The bigger picture of xvgbtc (1D candles) looks good - MACD currently setting on the zero line and about to cross, there is a potential of up to 35% trade but I would go for a lower percentage (25%) and re-enter according to the dynamics of the chart.
Entry price; 4H and 1H chart shows a lower low, so from current market price till the lower low (4-8 hours from now)
Exit point; 25% above the entry price.
Time duration; It might take a few days but I would let it sit up till this weekend and then re-examine the position.
Disclaimer;
The above expresses only my opinion, this is NOT an investment advice, if you are interested seek a professional one.
Entry price; 4H and 1H chart shows a lower low, so from current market price till the lower low (4-8 hours from now)
Exit point; 25% above the entry price.
Time duration; It might take a few days but I would let it sit up till this weekend and then re-examine the position.
Disclaimer;
The above expresses only my opinion, this is NOT an investment advice, if you are interested seek a professional one.
Trade closed manually:
XVGBTC broke its waves formation, now it's in the wild west, it can begin a new one or perhaps stay in the wild moving the same direction as BTCUSD, when it's up, XVGBTC will go up and vice versa.
I would close this trade manually, buying the current dip, adjusting the average buying price and sell above it.
I would close this trade manually, buying the current dip, adjusting the average buying price and sell above it.
I would suggest buying the lower prices and adjusting the percent profit taking accordingly using same 25%.