ryanman0

Waiting for a breakout from the area of convergence

BITTREX:XVGBTC   Verge / Bitcoin
There is a downward trendline , forming a triangle with previous support. This could be a large bull flag . XVG has moving averages converging towards this area. Overhead, there is heavy volume traded between 1000 and 1169. I am watching for a breakout to the upside to work its way back to the resistance above at the areas 1575, 1724. I am guessing an improvement in market sentiment from bitcoin             bouncing off its support OR an announcement from the XVG team would be the likely catalyst for the pump. I don't see it going too much lower with all the followers and attention that it still has. If it reaches its previous high from these levels, that would be a 100% gain.
my eyes are in pain. more pure please
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out