VERTCOIN: Clear Bullish Triangle Pattern

$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!

Note

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.

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