XVG/BTC in big triangle.

Words
169
Reading
1 min
Listen
Play
8y

Verge is a different projects than the rest (like devs are hiding themselvs). I might not see as big potential in it as others, but nevertheless I'm here to do TA analysis.
Former mentioned TA is indeed looking great. We are at the bottom of that triangle, low RSI, Falling Wedge formation at it's conclusion, support line, and so on. Around 140% to the upper resistance line. Everything will change if that support line will break. XVG.jpg

In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).

DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.

If You like my charts, follow me on Twitter https://twitter.com/Woytech
or on TradingView https://www.tradingview.com/u/Voytech/

XVG/BTC in big triangle. | Ecency