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Crypto_Ed
Sep 16, 2017 7:51 AM

XVG needs to crack the trendline for further up. Long

Verge / BitcoinBittrex

Description

XVG also made a perfect ABC correction of the previous upmove and showed a strong bounce.
Right now trying to crack the tredline, we might see some consolidation first.
Once the trendline is broken, its best to buy. Wait for the breakout!

Next targetarea on chart, based on fibo extensions

Comment

Broke the trendline, made a sideways move and looks ready to move on to the blue box
Comments
unitednoobies
Can you provide a new update? This coin is loookinh good again.
limonkabugu111
i bought at 167
SecretsOfWealth
What's the perfect entry point to buy????
disarmm
this "correction" wasn't a pattern. This correction was because of the chinese bitcoin news. You can't call everything a pattern.
Crypto_Ed
@disarmm, where did i say "pattern"?
MarkusJanssen
@disarmm, Even when driven by news charts still follow patterns. Why else would it bounce of a fib support? Same goes for the BTC correction btw.
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