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Verge (XVG) trading opportunities

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Here we are analyzing XVG on a daily chart, see how historical prices actions are repeating themselves beautifully!

A falling wedge pattern is formed which is a bullish formation.
Just see how we formed a top 2 times, RSI being over bought, then slowly cooling off from the rally, RSI decresing, a small pump then a drop, and then a new cycle!

Howeverr, before XVG takes off there is a possibilty that XVG falls of to 440 sats level. Therefore i recommend to place stop losses and take profits optimally.

Happy investing1

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.