The Verge Trade is ON!
I wrote about a trade setup for Verge the other day.
I traded on Verge this morning entering at 4.5 cents and it has risen to 7 cents in the last 17 hours. I'm still in and watching closely. Verge did not complete the last touch of the Bulkowski but when BTC took off it was a good signal. I had mentioned the importance of BTC pricing on Verge in my post, If I were out of Verge I would consider getting in if it pulls back a good bit from 7 cents. It could go much higher from 7 cents .
Watch for a closed candle on the 4 hour chart over the FIB 0.236 line at 0.743 Cents for a short term confirmation. If Verge Closes above the upper Bulkowski somewhere between here and 10 cents then hang on to your hats.
I would close this trade if the price falls to 5.8 Cents and watch for a new entry.
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All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,