Looking to accumulate more around the 6500 mark, don't think we have seen downside completely yet. Close above 8100 would change my mind
Recommend buys from 6300-6600, close below 6191 stop-loss, and look to 4900 if that is triggered.
So as we can see, the RSI and MACD are increasing as price is declining, which means we may yet see our retrace to the upside. I believe the alt market is about to see some bullish momentum, as long as BTC behaves.. if we keep increasing on BTC we might still see some downside, but I've highlighted a decent accumulation zone for us and we still have 2 supports to...
currently in a falling wedge, we've consistently pumped 20-30% out of each previous falling wedge so I'm still looking for something similar.
Divergence spotted in RSI + MACD on 4H as well
Buy up to: 132
if we surpass 182 this would confirm a trend reversal, however I am still feeling bearish in the midterm. Bullish in the short+long term though!
Spotted some RSI Divergence. Recent continuation of bear trend was confirmed earlier by hidden bearish divergence (not shown in chart) but I don't see it going much lower here. With BTC most likely retracing in the coming days I think we'll see some sats push back into Verge. Anyone else looking at this crypto?
Interestingly enough, the XVG/USD chart looks...