XVG Long Thoughts - based on previous chart

BITTREX:XVGBTC   Verge / Bitcoin
186 0 2
I would be paying attention if it can break 690 with a buy order at 695 to capitalise on the break out. (upper two purple lines)

Stop loss at lower purple line.
Comment: We've broken below the 20 and 50 EMA, but so far support has held.

I would wait until we break out of the descending channel AND then above the EMA before placing a trade.
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