Verge is giving us bullish signals on the dollar par. It done an bullish wedger and possibily will pump above this strong suppor.
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I don't trade this but did this chart for a friend and his group. I see a long wick that needs to be filled, so I think it will retest the top and if it doesn't then I would take the short as suggested on this chart. Keep stops opposite sides of the support area of the direction you're going.
BITTREX:XVGUSDT Closed Above 50 & 100 Day Moving Average after a Very Very Very Long Time. And It has been constantly trying to break above. With a lot of good news & a hard fork around the corner, this seems to be it for a Bullish Reversal.
This is not a recommendation to buy, just sharing my observation. It could easily tank 20%, if BTC crashes. So be...
BITTREX:XVGUSDT trying to break out of its long term downward trend. We can see that the is RSI Reversing. Also, we had hit the bottom & recovered with a lot of volume last week.
It had already tried once & failed to capitalize earlier. But what do you guys think? Is this the start of a new rally?