BikBookly

Possible Verge surge

BITTREX:XVGBTC   Verge / Bitcoin
I believe XVG is retracing after its accumulation during the porn news. We may be able to catch a ride up for a possible 22% or more.

Buy zone: 800-830
Stop-loss: 775
Targets: 1050, 1100, 1170

The "Pro" title in my name means nothing. DYOR.
Comment: I'm moving the Buy zone up to 830-850 after looking at buy orders on Binance. This could jump (or fall horribly) soon. Optimal buy zone is 800-830.

Good luck!
Trade active
Comment: It's finding resistance with its long term trend.
Trade closed: stop reached: This could fall more.
Trade active: I was using Binance, which hit 775. Bittrex still has yet to hit that point. Trade open for those not stopped out.
Comment: It seems the bounce has finally happened. If you're still in, use the targets as mentioned above. Set a stop-loss.

Bitcoin could take a turn for the worst today or tomorrow and completely make this invalid. Trade with caution.
Comment:

update please sale or wait
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BikBookly dogalkozmatik
@dogalkozmatik, If you're still in, aim for the first target. Set a stop-losss and gradually raise it if it keeps going higher. That's your safe bet. If you get stopped out at break even, just move on to another trade.
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Hey according to "Elliott Wave Principle"-A. J. Frost and Robert Prechter, Impulse waves are always named in numbers and corrective waves are in alphabets .. correct me if i'm wrong!
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BikBookly cryptedalien
@cryptedalien, I actually don't know. I'll look it up, thanks!
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