Verge bull flag

Chart speak for itself.

Not

The bull flag didn't fully realized but we will get to the target.

Not

Here are my thoughts on Verge for the next 7 days.
We are forming a big triangle, for now it appears to be a symmetrical triangle but if the support at 880 is not holding then the next logic support is 800 which gives us a descending triangle. Descending triangle usually resolve on the down side. So we got two choices:
1. if 800 holds we can go as high as 1450 - 1500 where we can breakout or come down.
2. the 800 support is not able to hold and down we go.

Not

I'm still optimistic that XVG is going up, the reason is that we are forming a sea clamp (look at ichimoku indicators for that) which will drag up the price to around 1300. We got a tick bearish cloud around 1200 to 1400 so that will take some time (2-3 days) to get through or get around while the price can go lower again.
Will see how it goes.

Not

We are on schedule as I mentioned above, will spend some time between 1200 - 1350, next target 1600.

Not

Here is an update with the targets

pgarret

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

pgarret

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