BITTREX:VTCUSD is forming clear bullish triangle in wave ("IV") which may end soon, because it's in a final stages of wave "e". To be sure, we always suggest to wait for confirmations. Confirmations are very important, because they give you a signal and more chances of being right! So, in this case, our confirmation is a break above previous wave "d" at 4.8 level, which could opens door for our minimum target projection at 6.8!
Comentário:
Vertcoin hit our projected level! Be aware here, because we have five waves up and after every five waves up follows three-wave correction. Of course, there's a chance for much higher levels, but we always look for minimum target. One more thing: triangles usually signalizing that upside can be limited.