Long
XVG Bullish entry
With Verge continuing on a upwards trend showing strong support on the accending trendline as it has just pronounced its major pullback after a sound rally lastweek a retest of this trendline shows alot of buyers are in demand on these levels possible buy break above the decending trendline or a buy on the bounce of the accending trendline are possible entrys also a break below the accending and a retest for a short entry is also valid,respecting the fib levels also shows consistency of supply and demand areas and a very predictable set up emerging
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.