Long
XVG/USD consolidation still on going
Hello,
As the cryptos get purged Verge get purge too...
For a long term investor this is the opportunity to come in the market at good price. I dont expect an unrealistic big bounce for verge in the coming weeks but we are currently sitting on two supports lines.
One orange that could represent the bottom of a bullish channel and the blue which represent the bottom of the consolidation pattern. As the price are going lower, so it is for the volumes == This is a long position for me at this price.
Have a good day and dont panic :)
As the cryptos get purged Verge get purge too...
For a long term investor this is the opportunity to come in the market at good price. I dont expect an unrealistic big bounce for verge in the coming weeks but we are currently sitting on two supports lines.
One orange that could represent the bottom of a bullish channel and the blue which represent the bottom of the consolidation pattern. As the price are going lower, so it is for the volumes == This is a long position for me at this price.
Have a good day and dont panic :)
Note
Nice rebounce today following the test yesterday, if we break the falling wedge we should confirme the end of the current bearish momentum.Note
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.