Verge Looking To Explode Despite BTC Tyranny for BITTREX:XVGBTC by Brisben — TradingView

Trend Analysis Chart Patterns Technical Indicators verge xvg BTC Bitcoin (Cryptocurrency) Cryptocurrency Technical Analysis XVGBTC

trendanalysis chartpattern indicator verge xvg btc bitcoin cryptocurrency technicalanalysis xvgbtc

Verge is building a nice symmetrical triangle. This could honestly go either way. For bullish confirmation we need: a two candle close (15m) above the trigger, Chikou cross, Volume, and improved RSI. Have highlighted a decent stop loss position. Good luck!

PM me for entries, targets and custom charts.

Trade active:

XVG triggered. Going up!

Comment:

Upside was delayed a little but it has triggered again. Looking to confirm upside above trigger.

Comment:

Trigger confirmed. 55 btc sell wall @ 1299-1300 smashed in 15 seconds.

Comment:

Patience always pays off

snapshot

Comment:

Looks like a short term bull flag building

snapshot

Comment:

Verge not looking great. Here's my thoughts including a stop

snapshot

Trade closed: stop reached:

Stop hit at 1024. Wait for the retrace.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.