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blockchaintrends
Nov 14, 2019 7:29 PM

VERGE Double Bottom ? Long

Description

Verge price action above red resistance line breakout. Hodl above EMA 21,50 on daily TF. Testing EMA 100 which acting like resistance. Potential target 70 sats Resistance level.
Volume: of buyers increased.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
Pattern: double bottom pattern at 36 sats.
S/R: Major Support 36 sats, Support 40 sats. Resistance 50 sats, Major Resistance 70 sats.

Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.

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