BITTREX:XVGUSD   Verge / US Dollar (calculated by TradingView)
On the 1st of December Verge broke above the downtrend trendline as well as 200 Moving Average. After a small correction down it went higher and broke the descending channel . Another corrective wave down followed where 200 MA was rejected.

All-in-all, the trend now became bullish and should go higher, towards the $0.01 psychological resistance level . This price is confirmed but the extended channel upper trendline as well as 627.2% Fibonacci retracement level applied to the corrective wave after the downtrend trendline breakout.

It must be noted that is is the very first upside target that should be watched closely, as the upside potential could be much larger. On the downside, only a break below the 200 Moving Average on the 4H timeframe could invalidate bullish outlook.
Comment: Verge rejected support, moving higher
Comment: If, or should I say, when, it breaks above the target, then really big opportunity will come
Comment: very close to the target
Trade closed: target reached
Top Crypto Telegram Channel:
#1 Crypto Blog:
Crypto Forum:
Alts vs BTC Trade Signals:

ETH Tip Jar: 0x79BB76B99114F9B33fd3E5477Eb05F2738D51
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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