Long
Updated

XVG - Ascending Channel

557
Currently looking at an ascending channel on XVG/BTC after the rollercoaster it was on a few days ago. Verge has consistently bounced between support and resistance recently and I have a feeling it has another run up left in it before potentially moving back down. Additionally the MACD is starting to reverse to form a bullish crossover and we can see that buying momentum is starting to pick back up. I also generally enjoy trading XVG because of its volatility.

Entries: 46, 47 sats
Stop Loss: 44 sats (or none)
Targets: 52, 54, 58 sats
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