Tendorian

April 26th Verge XVG Downmove to under $0.01

Short
Tendorian Updated   
BINANCE:XVGUSD   None
Very simple analysis. We are on a downtrend now and I still hold my view that verge will go under $0.01, and yes I do not care about how they are being used by the porn industry. However if for any reason that price managed to climb back above $0.08 in the coming days then I will admit that I am wrong.

Currently we are on a downtrend, remember that. The uptrend has ended when the annoucement of partnership was made which was shown by the big red bar.
Comment:

People will do dumb things when fear and panic sets in.
Comment:

Expecting higher prices is the delusion.

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