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!
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XVG triggered. Going up!
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Upside was delayed a little but it has triggered again. Looking to confirm upside above trigger.
@Belcara, It's actually quite common to retest the top of the triangle after breakout. But to be safe set a stop loss at the indicated point and wait to see what happens.
Belcara
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@Brisben, thank you very much i am still in it :-) just waiting for a better day .....
Brisben
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@Belcara, I feel that you should have set a stop loss @ 1024, as per my most recent update. But it's too low to sell now, so just hold. Good luck!
Belcara
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@Brisben, no worries i will hold....no problem....i am now a bag holder of Verge ...hehehe...thanks for sharing and caring!