sbpw
Long

XVG - Flat correction appears over

BINANCE:XVGBTC   Verge / Bitcoin
Looks like the flat ABCDE correction is over having retraced to the .236 fib level, and the up trend has started after bouncing off trend line support (and ignoring the unusual price movement caused by the BTC             short squeeze). Looking for another series of impulse waves up to around 1650 to coincide with 17th announcement. If we break upper trend line support, next major resistance is obviously previous ATH             of 2000 sats             . What will happen on 17th in terms of price action? Probably a correction as gains from the partnership news are already being priced in and traders will take profit. Sell the news!
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