CryptoMichNL

XVG 1D Timeframe 4 December 2017

BITTREX:XVGBTC   Verge / Bitcoin
XVG Today to start of the week, as it went up some the last few days, which is quite good. XVG has a massive community behind it, so I'm guessing that a lot of people would love to know how or when XVG goes up or not.
Well, this is what I see when I check out the chart. As we've discussed PIVX yesterday, XVG is quite similar to that one. Made a nice ABC upmove earlier in May, retraced it and landed nicely twice on the 0.786 fib level (if you keep fibonacci like this). This means that we're making a descending triangle right now, going towards leg D pretty soon. The RSI and MACD are also turning up on the 1D, so we might see 120+ sats coming later this month/beginning January.

Will keep XVG updated on a weekly basis.

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