BINANCE:XVGBTC   Verge / Bitcoin
Hello friends

This week has been very hard as all crypto world went on a correction proving that BTC             correction means everything for our decentralized crypto market. since BTC             has not yet turn bullish and is still struggling with bearish trend Verge coin remain dependent on BTC             movement just as every other coin out there. i have studied this coin well and illustrated possible Elliot wave if trend is up and as well i have analyzed possible support and resistance levels also checked it with Fibonacci levels.

Indicators

RSI looks bullish on 8 hour chart but lets not forget its fake signal on JAN 8th
MACD looks bullish but still not strong enough
Momentum on the other side looks increasing on the bearish side

Upwards Levels

TG1 1700 (watch for breakout not to sell)
TG2 1955
TG3 we will analyze again after possible double top

Downward Levels

TG1 600 (possible double bottom )
TG2 266 (this is our golden price)

if you find the analysis useful for you please like share and hit the follow
if you have any questions you can ask below on the comments

you can also join my channels for early alarms
Discord ---> https://discord.gg/pSmUDpQ
Telegram ---> https://t.me/Fikrattrades

Bittrex closed registration & Binance is not taking any more members
hurry up and sign for kucoin the 3rd largest trading exchange for altcoin

https://www.kucoin.com/#/?r=27cHu

feel free to through donations to the following address if you make money from my analysis
BTC== 1MJCvuqj9TJ98aR54Tp1LY6wHrMRW14B9g
VERGE TO THE MOON LAMBOOOOOOOOOOO
Phản hồi
I think Verge has more bullish potential. Am I right?
Phản hồi
cwkim0100 QuanLam
@QuanLam, Right
Phản hồi
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