#Verge Entry:600-610 sats (if Support at 200DMA holds) $xvg
Verge has retraced beyond the 61.8 fib resistance and it is currently trading below the 20,50 &100 DMA's
Good support for verge will be the 200DMA level which coincides with the 78.6fib support as well.
If the 600-610 support region holds then we can expect a bounce to upper resistance levels for #vergebtc
Target 1 will be:780-820 sats around the resistance confluence zone including 61.8fib resistance along with 20&50 DMA's
Target 2 will be:980-1020sats around the 38.2fib which also lies around the 61.8% (reverse-fib) of the move from wave 1-5.
https://www.tradingview.com/chart/2jHyamBl/
Good support for verge will be the 200DMA level which coincides with the 78.6fib support as well.
If the 600-610 support region holds then we can expect a bounce to upper resistance levels for #vergebtc
Target 1 will be:780-820 sats around the resistance confluence zone including 61.8fib resistance along with 20&50 DMA's
Target 2 will be:980-1020sats around the 38.2fib which also lies around the 61.8% (reverse-fib) of the move from wave 1-5.
https://www.tradingview.com/chart/2jHyamBl/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.