Long
XVG/BTC Resistance broken, looking Bullish!
Updated
Verge just broke out of the down-trending resistance and is looking bullish.
What we want is to see confirmation of the trend change with a higher low forming.
If we come back down to 50sats, that's a red flag. Scale in zone is active between 50-56 sats.
Stop-loss is set at 47 sats
Targets: 62 sats
68 sats
We use indicators as confirmation and yes;
*squeeze momentum looking ready for bull move
*RSI curling back up
*Volume dramatically increasing
happy trading and remember:
"There's a difference between knowing the path and walking the path"
-Morpheus_RED
What we want is to see confirmation of the trend change with a higher low forming.
If we come back down to 50sats, that's a red flag. Scale in zone is active between 50-56 sats.
Stop-loss is set at 47 sats
Targets: 62 sats
68 sats
We use indicators as confirmation and yes;
*squeeze momentum looking ready for bull move
*RSI curling back up
*Volume dramatically increasing
happy trading and remember:
"There's a difference between knowing the path and walking the path"
-Morpheus_RED
Note
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