VERGE XVG/BITCOIN ANALYSIS 5/2/2018

in verge •  7 years ago 

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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  • LITECOIN: MNwqCX6HoU6MeU9SRwNakT3iHEkfrig2YB
  • BITCOIN: 3MwvZ6Q7R7dtSR8P1o5bb3oz4hegwtSuiR
  • BINANCE: 0xcaf1e0cd3de21a7d27497a95f8196f74a073ad76
  • ETHEREUM: 0x4c8d59799E6EF1faE64Bc40D1668B77DD8d5e9Ed

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Thanks for posting your take. I think wave 4 needs a few more hours.

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

Loving your work on verge and tron!
Following closely.