Technical Analysis:
- ALL TARGETS THUS FAR ON VERGE XVG HAVE BEEN HIT!
- See LINK for previous TA and analysis
- No change to original hypothesis in the short term or long term
- Next target up in the short term in 1100-1130 satoshi
- Long term target of 2000 still stands
- RSI has formed a bull flag similar to that of the candle stick pattern on the 1 hour chart
- Healthy consolidation before the next run up over the course of the next few days
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I am not a financial advisor, nor is this intended to be financial advise. I encourage you to do your own research considering this blog is a way for me to document my own personal analysis, charts, trading decisions, and experiences. If you would like to learn more about trading, cryptocurrencies, and the resources I used to learn how to trade and invest, see my previous post - LINK.
Thanks for posting your take. I think wave 4 needs a few more hours.
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Thanks for the comment! Chart posted is in reference to swing trade set up! Looking to hit targets over the course of days (short term) / 1-2 weeks (longer term).
https://steemit.com/verge/@andrew.simon/8exux-verge-xvg-btc-analysis-update-5-1-2018
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Loving your work on verge and tron!
Following closely.
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