VERGE (XVG) Set to move Higher - Bounce Off Support

12 thg 1, 2018

I believe VERGE (XVG) has bounced off of support line at $0.13 and is heading higher. I believe it will break through the Pennant and trade directly back to the Resistance line at $0.24 for a roughly 50% Profit in the next . XVG has been trading in a channel between these two lines for the past 3 weeks and has made this move multiple times.

Place Sell Limit at $0.235 and Stop loss at $0.125.

Good Luck!