Looking for a quick daytrade? Well, then take a look at Verge, XVGBTC on Binance. With the news announcement/update of a possible largest partnership in crypto to date and their crowdfunding program, Verge have spiked nicely today.
After setting the HOD XVGBTC has retraced quite a bit but found good support at 0.00000411 which also happens to be the 0.618 fib retracement level!
Now coming off its lows, break the triangle and above the moving averages (12 and 50) to confirm another upward movement.
So look for another leg up if you want to daytrade Verge for a quick scalp/profit.
Our Trade Instructions
Buy Zone:
0.00000420 - 0.00000448
Profit Targets:
1. 0.00000463
2. 0.00000479
3. 0.00000496
Stop Loss
0.00000408
Remember to take profits along the way to reduce risk. This way you can be more patient with your trade going forward and let your wins ride.
Leave a comment if you have any questions.
And until next time, good luck with your trading!
After setting the HOD XVGBTC has retraced quite a bit but found good support at 0.00000411 which also happens to be the 0.618 fib retracement level!
Now coming off its lows, break the triangle and above the moving averages (12 and 50) to confirm another upward movement.
So look for another leg up if you want to daytrade Verge for a quick scalp/profit.
Our Trade Instructions
Buy Zone:
0.00000420 - 0.00000448
Profit Targets:
1. 0.00000463
2. 0.00000479
3. 0.00000496
Stop Loss
0.00000408
Remember to take profits along the way to reduce risk. This way you can be more patient with your trade going forward and let your wins ride.
Leave a comment if you have any questions.
And until next time, good luck with your trading!
Trade closed: target reached