Updated
Verge 6 month pennant
My first published chart. Welcome all compliments and criticisms.
XVG is coming to the point in a pennant started back in May. Its unlikely that if Segwit2x plays out, that the same trend will continue. However, that the price action has consistantly hit a high of $0.0082 and stayed healthily above 0.5 in the retracement may show signs of future growth for this coin in the near future.
XVG is coming to the point in a pennant started back in May. Its unlikely that if Segwit2x plays out, that the same trend will continue. However, that the price action has consistantly hit a high of $0.0082 and stayed healthily above 0.5 in the retracement may show signs of future growth for this coin in the near future.
Note
XVG has again hit its resistence line ($0.00802195) and has begun its retracement. The 5-day chart will show a cup being formed and I predict the handle fully forming just in time for the implementation of the Wraith protocol.
Buy target is at the .068 line.
Note
Sorry, at the .078 line.Note
Cup finished earlier than planned (and didn't drop as low as expected.) Hope everyone got on board!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.