Hello all and a happy new years!
New steemit user here and I am excited to be part of the community!
So as everyone is probably wondering, What the hell is going on with verge? Is wraith here? Are we all being scammed? Do I go #trxgang or #xvggang?
As i don't want to get into the politics of verge and as a fellow verge hodler myself i drew out critical levels for all of us to watch out for.The market will do what it wants to do. Now keep in mind its a 4h chart so you wont be able to see exact detail(and i apologize) but it gives a good estimate of what to keep an eye out for.
https://www.tradingview.com/i/mG6GUbIa/
It is worth mentioning that it is still hard to determine where in the correction we are> i drew a simple ABC correction. The c leg i put in different fib levels. If and when we aproach the .618 fib level, be on the lookout for price action. This will be a crucial level as it was the lowest lows in the past few days.
full interactive chart
https://www.tradingview.com/chart/XVGBTC/mG6GUbIa-Verge-4-hour-Support-and-resistance/
I wish everyone a wonderful night and i hope i can help someone!
Ha when did you sell?