gottimhimmel158

XVG cup with handle, price target of 1071 satoshis.

Long
BITTREX:XVGBTC   Verge / Bitcoin
In chart text explains everything.
Commento:
We met our price target, then price immediately threw back to the bottom of the handle, and now looks to consolidate around the 850 satoshi range.

I would be careful going in LONG on XVG right now, that big red volume candle indicated some series distribution. I still hold 6125 XVG and I'm not selling, but I am also not advising to buy more. Let's see if we can form a bottom here and build more support at the bottom of the handle.

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