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VERGE is overall bullish trading inside the blue channel , and since it is approaching the lower blue trendline, we will be looking for buy setups on lower timeframes.
on H1: XVG formed a valid trendline in red but this setup is not ready to go yet. We are waiting for the...
We have analyzed this Coin earlier and allotted it some funds. We are updating the Publication as we have achieved the 1 and 2 Targets.
Verge is a privacy-focused cryptocurrency and blockchain that seeks to offer a fast,...
$XVG is bullish and targets are a bit difficult to find. I did the following:
- Drew real old daily support/resistance
- drew fibs on past 2 swing highs and lows
I got interesting confluence giving us a clear target we can go for. We're now at some sort of resistance, pushing through it I would expect our target to be reached fairly quickly.
Xvgusdt Usdt is forming a symmetrical triangle if it breakout from the top them we can have good buy entry but if broken from bottom then we will have a nice sell entry. If you want to trade within the triangle the put your Stoploses to manage risk.
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