Verge update. Short term plunge or continuation upside, both are possbile!

in cryptocurrency •  7 years ago 

Verge could be making more complex abc correction, so short term plunge to 78.6-88.6 fibonacci levels still remains:

On the other hand it's also possible that Verge is just making bullish flag and soon will continue the upside. Buy setup should be only above trend line of bullish flag!

Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!

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Your crypto_analyst
@andriustovis

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Personally I think it is going up. There is too much happening. It is in the news every second day. The exchange in Korea was added the other day as well and is now ahead of Bittrex in volume.