Verge moving into the tip of a symmetric triangle on both USD and BTC

in #verge7 years ago (edited)

As we can see on this chart, Verge (XVG) USD is now moving into the tip of a symmetric triangle where candles are really getting flattened by almost equal pressure from both camps. Something is bound to give soon and as the trend is up, it's more likely to be quite rewarding for those that get in now. Getting back up to at least the 0,30 territory short term is not unlikely!

XVG.png

Verge-BTC looks quite similar:

XVG-BTC.png

Good luck!

Disclaimer: trading on my analysis is at your own personal risk. This is NOT financial advice!