Skyrex

XVGBTC a nice Cup&Handle

Long
Skyrex Updated   
BITTREX:XVGBTC   Verge / Bitcoin
There were 5 impulse Elliott waves since the end of March. At this moment a nice Cup&Handle was formed. This bullish pattern is enforced by Ichi Cloud state and rising volume. The price went above of BB, hence uptrend should continue. In order to earn profit accurately follow targets one by one.

MACD (12,27), exponential and simple moving averages (10, 20, 30 ,50, 100, 200) and HMA are in bullish state

Safe buy zone is between 0.00000600-650 we recommend to buy around 0.00000650. Targets are presented in the signal that was shared with analysis in the Telegram channel 2 hours ago
Trade active:
The coin is above 1st target and is on its way to the 2nd target fix a part of profit now and at the 2nd target. When it consolidates buy again and wait for the 3rd target.

Profit: 12.3%
Duration: 1 day
Trade active:
Reached 2nd target and on its way to the third
Profit: 43.06%

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