Over a year's worth of price action coming to a crunch. I'm expecting a break out, especially with the recent Verge partnership with Manny Pacquiao's foundation.
My private custom indicator has given the green light for a spot entry. How will this play out? I'm in from 36-37 and have been waiting for this. We're getting close to price crunch.
Eyes on $XVG!!
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The XVGBTC is moving within a descending triangle since july 2017.
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit...
after the recent announcement XVG has been trying to hold the 900-1000 mark however it appears to be losing this battle. we have what appears to be a descending triangle patter on the 15 chart. If we follow this pattern we should see a break in the bottom trend line (shown in blue). Using the red line as our marker that should place that break down at around...
The candles are really attracted to the ichi clouds and is not falling too much behind it (which means price is in consolidation or not much volatility)
HOWEVER, On the 5 min chart, Fib Extension is telling me that we're going to see a new ATH soon.
Also keep in mind that the partnership announcement is still taking place on the 17th of April, so we still have...
Verge has had some great double digit the past couple of days but I don't think we're quite done yet.
I believe our overall downtrend has started to break upwards and if we're able to break resistance at 820 satoshis and again at 1000 satoshis we surely will see some significant liftoff!
UPWARD MOMENTUM INDICATIONS
Volume is slowly but surely starting to...
XVG Breakout. See you to the moon.
Event Feb 19
the rest events will be on March 31.
See you soon guys.
My Personal Interpretation. Hope you enjoy it. Simple TA for you guys.
