Description
⋅ Just 4 days ago Verge (XVGBTC) hit a new All-Time Low... See it here:
You can say it easily on this pair, the bottom has been hit and once you hit bottom, the only place left to go is up.
Looking at the weekly/long-term chart, we can notice another bullish signal in the form of a Doji (last week).
The TD Sequential is also supporting this view while prices are challenging EMA10.
The RSI is at reaching 40, which is already strong on the weekly timeframe.
When you have a strong RSI at low prices, it only means that it is a matter of time before strong bullish action takes place.
With all that said, we will see prices grow next.
Thanks a lot for your support.
Namaste.