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rakimala
Jan 21, 2018 8:08 PM

xvg/btc Long

BITTREX:XVGBTC15
Verge / BitcoinBittrex

Description

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very bullish flag formation for 15 min. intervals. The rise is to continue. Great days to come for Verge.
Trend AnalysisxvgXVGBTCvergebtcvergevergecoinvergecurrency
Comments
cryptomultivers
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from your lips to goddess ears

i see a bullish flag as well

thank you
rakimala
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@cryptomultivers,

The price seems to be stuck right now.

Lets see
vitaminas
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This is not a bullish flag lol it's actually a descending triangle that you drew there and indicates donwtrend.
rakimala
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@vitaminas, that would be true if the poll would be a descending line.

Colipto
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@rakimala, Follows btc, i have to disagree.
rakimala
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@Colipto,

we will have to wait and see. It will show itself in a few hours I believe.
Timothie_Roggers
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@Colipto, it doesnt have to follow btc... over xmas BTC was tanking and xvg mooned
vitaminas
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@rakimala, you are wrong, you don't need descending pole to have a descending triangle, you just need a flat support line and lower highs regardless where the trend line is coming from. Example of how you are wrong here google.gr/search?q=descending+triangle+chart+pattern&oq=descending&aqs=chrome.2.69i57j35i39l2j0.6014j0j7&client=ms-android-lenovo&sourceid=chrome-mobile&ie=UTF-8
rakimala
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@vitaminas,

Below is a pattern from the link you sent. The Rsi and macd both confirms a down trend until the support line at the moment. We will have to see in a few hours if it will break down or up.

Good Luck,

google.gr/search?q=descending+triangle+chart+pattern&client=ms-android-lenovo&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwiVopXt9enYAhVLZ1AKHd5VAwgQsAQINA&biw=1366&bih=637
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