XVG is bouncing between support and resistance, pick some up in the 950-1000 sat range and look to take profits around 1400-1500. Set stop loss around 900 if it breaks below of support.
**Be aware of what BTC is doing, if it starts pumping we allllllll know what's gonna happen to Alts.
@CryptoGear, My trade is more short term and will not reach the $1 mark in the next couple weeks without a little help. See comment below for some useful information posted by a fellow trader @pcp1985
pcp1985
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Verge got listed on Korean exchange upbit.com also recently. All the FUDs related to the currency has been addressed by the verge team in medium.com/@ekryski/an-update-on-wraith-780fdd30f92a and its waiting for the long run. Installation of the new Wraith protocol released also mentioned here: docdro.id/d6rVqIb (OSX GUIDE)
docdro.id/8NI1vbM (WINDOWS GUIDE)
adge
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@pcp1985, Good looking out. My analysis was for a short play, but if it breaks out of the triangle because of the news you posted, might be a great long play also. Thanks!
crypto_rse
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How do you know it will actually hit the upper line? Does the indicator show this?
adge
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@rsedaaghi, I do not know if it will, so I will keep an eye on it. There's a chance it bounces at the .618 fib around 1344 again like the last time it only went halfway up the triangle and turned back down. Good to keep an eye on other indicators such as Stoch RSI (my preferred), RSI and MACD to gauge momentum.