Verge Completes Its Retrace? Falling Wedge Breakout! (40-60%)
Verge (XVGBTC) is now breaking out of a falling wedge. The retrace might not be completed but this pair has the possibility to move from here.
We would need to see a high volume candle as well as a close above EMA10 to confirm bullish strength.
Conditions for change: If there is no follow up by the bulls on today's green candle, XVGBTC might retrace lower to 90-105 satoshis before trying again to move up.
Thanks a lot for reading.
Namaste.
We would need to see a high volume candle as well as a close above EMA10 to confirm bullish strength.
Conditions for change: If there is no follow up by the bulls on today's green candle, XVGBTC might retrace lower to 90-105 satoshis before trying again to move up.
Thanks a lot for reading.
Namaste.
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