VERGE XVG/BTC Breakout of Pennant Imminent

Bullish Pennant formed. Started wide with high highs and low lows, has tightened up with lower highs and higher lows. About to break out of this and trend higher. Rapid ascension before forming the pennant, we can expect the same coming out of it.

Buy in: 0.00001050 - 0.00001200

Stop-loss: 0.00009420

Targets:
1 - 0.00001146
2 - 0.00001312
3 - 0.00001478
4 - 0.00001714 (resistance level, take % of profit and re-buy)
5 - 0.00002014
6 - 0.00002204

Happy trading,

D

Trade closed: stop reached:

Stop-loss hit. Trade closed