XVG/USD - Verge Breakout Update! - Bullish Flag

in #trading7 years ago (edited)

Four days ago I conducted technical analysis on Verge (XVG) and set a price target at $0.20

Article Here --> XVG/USD Verge Trajectory Update! - Bullish Flag? - What to expect in the short term

A combination of both trajectories occurred. The price dropped form $0.16 and found support at $0.11. It then tested and broke through the resistance level at $0.17 and briefly exceeded the psychological barrier at $0.20 to reach $0.22. That's a 100% return on investment!

Verge is now consolidating between $0.20 and $0.17. I expect that it's bullish run is not over and will continue to challenge the resistance at $0.20. Making our next target point $0.30!

I wish you MASSIVE profits on all your trades,


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Disclaimer: Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.