HiTech
Long

Verge Buy on a Breakout Approach

BITTREX:XVGUSD   Verge / Dollar (calculated by TradingView)
Verge corrected down by 88% since it reached the all-time high at $0.292, and has found the bottom at $0.034. The RSI oscillator formed a bullish divergence suggesting the reversal of the trend. 

However, a strong resistance is based near $0.07 area and the break above is required in order for XVG/USD             to grow further. If/when Verge will break and close above this resistance the next potential upside target would be at 38.2% Fibonacci retracement level, that is $0.13 area. 

$0.13 resistance, should provide a key clue as to the further Verge price development and if broken, the long-term uptrend should be the case. 

In any case, let's not forget that first, $0.07 resistance must be broken, and if rejected, the price could move back down to the $0.034 support and even lower.
Comment: Verge broke above the resistance - long
Comment: Verge back on support, should start moving up from there
Top Crypto Telegram Channel: https://t.me/cryptopost
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/

ETH Tip Jar: 0x79bb76b99114f9b33fd3e5477eb05f2738d51
Pls update
Reply
@HiTech could this be the breakout right now?
+1 Reply
@MuMPiTz, Yes lol WE ARE RIGHT THERE CMON VERGE BABY YOU CAN DO IT!!!
+1 Reply
HiTech PRO MuMPiTz
@MuMPiTz, need a daily close above, but the buying opportunity was there since posted idea
Reply
MuMPiTz HiTech
@HiTech, sorry I'm a trading newbie: When is the daily close in hours from now?
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out