thomas58700
Long

XVG Holding the Line

BINANCE:XVGBTC   Verge / Bitcoin
Hello traders! Watching XVG for it to break away from the 0.618 support. This level would be an interesting buy in with a stop below. A run up from here could potentially take us to 900; a less moody bitcoin might be necessary to prompt further movement though. You'll also notice we've hit this RSI level 3 times.

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Comment: Should be seeing a move up now
Is it still worth to buy XVG, given the hacker who accumulated more than 35 mill XVg is waiting for price pump to dump all his load ?
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thomas58700 thunderstrike
@thunderstrike, Yeah, the hacker has been around for a long time, if you are trading it then keep a trailing stop (updated stop loss) as the price moves up in case of that situation
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The Fibs! Love it
+1 Reply
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