alanmasters

Verge Completes Its Retrace? Falling Wedge Breakout! (40-60%)

BINANCE:XVGBTC   Verge / Bitcoin
Verge ( XVGBTC ) is now breaking out of a falling wedge . The retrace might not be completed but this pair has the possibility to move from here.

We would need to see a high volume candle as well as a close above EMA10 to confirm bullish strength.

Conditions for change: If there is no follow up by the bulls on today's green candle, XVGBTC might retrace lower to 90-105 satoshis before trying again to move up.

Thanks a lot for reading.

Namaste.
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Related Ideas

I think so too
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Looks like adam and eve forming
+1 Reply
alanmasters Jimmy_Ocean
@Jimmy_Ocean, Indeed it can move from here.
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astoinis Jimmy_Ocean
@Jimmy_Ocean, already looks to be the case on the XVGUSD chart....
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Waiting verge for years :)
+1 Reply
@Zenter, True. Like Siacoin (SCBTC) and many others that left us waiting way more than we expected.
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Great setup following you now! About to post a trade aswell, have a look on my profile and let me know about it buddy :)
+1 Reply
alanmasters DACapitalTrading
@DACapitalTrading, Ok, Going there now.
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alanmasters DACapitalTrading
@DACapitalTrading, Not there yet... Feel free to share once you post it.

Namaste.
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nyc bro
+1 Reply
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