3 hour chart. Verge is at a critical point. On the RSI and candlesticks, we see a descending wedge. Will we break up or down from this point?
Trade with caution. I would say this is a no trade zone until we see confirmation to the up or down side.
Typically descending wedges break upwards, but we shall see.
Trade with caution. I would say this is a no trade zone until we see confirmation to the up or down side.
Typically descending wedges break upwards, but we shall see.
Comment:
Looks like Verge may continue it's downtrend.