Verge Looking Bearish.

BITTREX:XVGBTC   Verge / Bitcoin
Hey, I am back with another Idea.
This time looking again at Verge.

Verge had great run up in past month, there was some hype from the creators of XVG so even that helped but the news is coming out 17. April and as you may know there is a rule "Buy the Hype, Sell the News".


MACD shows less and less buyers, blue line will cross signal line - Bearish .
RSI looks great actually bullish on daily but on 4h, 1h, 30 min is just way low, bouncing down from the 50 RSI .

Again, this is just an Idea with my point of view.

For now, thats all.
If this chart gets some attention, I will update, Thanks!
Comment: 1H RSI struggling.
Comment: Buy volume is changing, signal says we are going down.
Comment: https://www.tradingview.com/x/i8hSGknY/A... correction done, looks like XVG news were great, even thought I dont find them that great.
Comment: again wrong link..
hahaha bro... its def. not going "great"
iTFrank12 iTFrank12
@iTFrank12, although that 815 is looking like it may be a pretty decent buy in level. If not, well... we all know where XVG is going back to.
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