TiborVrbovsky

XVG/BTC Pennant Spotted! At least 90% Profit!

Short
TiborVrbovsky Updated   
BINANCE:XVGBTC   None
Hey everyone!

Another idea, hope you like it!
After looking at the graph and setting it up I have spotted a Pennant and tried to make it as simple as possible, well hope that much arrows wont confuse you!

A pennant is created when there is a significant movement in the stock, followed by a period of consolidation – this creates the pennant shape due to the converging lines. A breakout movement then occurs in the same direction as the big stock move. These are similar to flag patterns and tend to last between one and three weeks. There will be significant volume at the initial stock movement, followed by weaker volume in the pennant section, and growth in volume at the breakout.

Buy - right now is a good entry level (973 Satoshi)
Target - at least 1860 Satoshi
Stop Loss - 552 Satoshi


If you agree or dissagree comment bellow!
Invest Only Money That You Can Afford To Lose! I do not own magic Crypto ball that tells me where to Crypto will head! (fAt least not now)
If this graph gets a little attention I will update!

Thanks!
Comment:
Just found out that they released yesterday, Verge Wraith Protocol!

steemkr.com/cryptocu...rotocol-what-is-that

take a look.
Comment:
So far, so good!
Comment:
Verge looking very nice!
Comment:
Still in the Triangle.
Comment:
Some Price Action about to happen.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.