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XVG Gann Fan + Trend Analysis (SHORT)

BITTREX:XVGBTC   Verge / Bitcoin
XVG has been heavily overbought in recent past.

I believe if we break certain supporting trend lines , we could see a significant drop-off.

I would wait until we see CLEAR indications of a trend reversal before we take any positions.

Trade cautiously!
Bình luận: Looks like we broke the supporting trend line with confidence!

Let's see how far this will take us down.
Bình luận: 1424 satoshis as of this time.

Current target is 1220 satoshis!
Bình luận: 1070 satoshis.
Bình luận: 889 satoshis. The plummet is happening boys.
Bình luận: News turns out to be staged based on numerous indications.

Whale put a massive buy wall at 650 satoshis (not on Bittrex). Other signs showing an active XVG dev team.

Potential correction?
Bình luận: Apparent market rejection of dropping below second support line. Looks like a correction is very plausible here.
Bình luận: Going to stop commenting due to the insane volatility occurring right now.

However, despite the minor bull upswings it looks like it's an overall downtrend.
Bình luận:

Two remaining major support lines.

One at around 600 sats, and the other at around 250 sats.
i really like xvg

you can check on site all road map what finished and futre plan

test what finish i already do that and like it

Phản hồi
@mesho329, My charts show purely the TA side of it.

Phản hồi
It was the fakest of fake newses that you could find... :)
Which caused indeed a mass dump, even going to around 650-700 sats at one time..
Staged attack on XVG, sad thing...

But, your chart seems to be on top of it... let's hope it bumps out again since i'm in quite deep ;)
+1 Phản hồi
I sold 75% of my XVG for now.. not sure what to think about the project.
Phản hồi
VERGE up to 3000 satos today
Phản hồi
@DanBTCbr, ????
Phản hồi
fake news, right?
+1 Phản hồi
Yes spread the words about the fake news
Phản hồi
we're talking about the dump in our discord, you should join: https://discord.gg/mC8XH4
+1 Phản hồi
It BOUNCED BACK to 1250!
Phản hồi
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