$XVG Verge - What do you see? Interesting long term outlook ...
Perhaps you guys and gals can build on this chart with the following considered:
I couldn't get the ruler to stick but the first triangle broke out around 190 days after the initial impulse. We are currently around 185 days in our current triangle.
I truly hate the fact bitcoin is currently married to alts and can only hope Verge will soon show the altcoin world how to brake its shackles with their upcoming long-awaited new tech and releases. I think in anticipation of these, we may see an impulse up toward the upper trend line. It may break down into a bull trap around .50 cents or something before heading back in the direction of $5-$10.
Also notice the repeating U-pattern volume waves. I think we are on for the next push.
How about you?
I couldn't get the ruler to stick but the first triangle broke out around 190 days after the initial impulse. We are currently around 185 days in our current triangle.
I truly hate the fact bitcoin is currently married to alts and can only hope Verge will soon show the altcoin world how to brake its shackles with their upcoming long-awaited new tech and releases. I think in anticipation of these, we may see an impulse up toward the upper trend line. It may break down into a bull trap around .50 cents or something before heading back in the direction of $5-$10.
Also notice the repeating U-pattern volume waves. I think we are on for the next push.
How about you?
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.