BINANCE:XVGBTC   Verge / Bitcoin
Wow!


The technicals looked good on this so I went long a week ago or so. Now not sure what to do.

All the red is prior support that is now resistance. The color break fibonacci lines are also major hurdles to get over. I am not at all sure where this is going but it is overcooked a little. Notice how far out of the bollinger band it is and also look at rsi below. Nothing is stopping these from all going higher and higher but it is worth noting.

If you are long the readjusting the stop to the fib line might be wise.
Comment: The whole chart.
Comment: Three white soldiers forming, volume needs to go up this week but the week is young. The weekly.
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